Home
Dubai prices
About
Research
Studio · 396 sqftElz Residence by Danube, Arjan · 7th floor · completed 2022

716, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 413K25 March 2019
Current rentAED 36K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 716

Property timeline for 716, Elz Residence by Danube

What is 716 worth today?

Last sold for AED 413,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
21 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
25 Mar 2019Sold by developerOff-plan
AED 413,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
7th of 8
Parking
G-84
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 413K · March 2019
Building
Elz Residence by Danube

About 716, Elz Residence by Danube

716 is a studio of 396 sqft on the 7th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 25 March 2019 for AED 413,000, or AED 1,042 per sqft, 7% above the AED 978 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 August 2023, is AED 36,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical studio in Elz Residence by Danube
400K500K20182020202220242026Typical sale price by year: 2018 AED 404,000; 2019 AED 388,080; 2020 AED 398,245; 2021 AED 403,750; 2022 AED 376,325; 2023 AED 412,500; 2024 AED 450,000; 2025 AED 515,000Sold by developer, March 2019: AED 413,000 (AED 1,042 per sqft)

716 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 716, each contractTypical studio in Elz Residence by Danube
30K40K202220242026Typical rent by year: 2022 AED 28,920; 2023 AED 34,000; 2024 AED 39,900; 2025 AED 42,000; 2026 AED 45,000New contract, July 2022: AED 29,000 a yearNew contract, August 2023: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Elz Residence by Danube, and where 716 sits

All 205 studios →

716 last sold in March 2019 at AED 1,042 per sqft, 7% above what studios in Elz Residence by Danube were fetching at the time (AED 978). Over the last 12 months studios sold for AED 530,000 to 550,000, around AED 1,364 per sqft, and rent for AED 36,181 to 60,000 a year. 716's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026537,000
30 Jul 2025525,000
29 Jul 2025490,000
17 Jul 2025510,000
4 studio sales in the last 12 months

Elz Residence by Danube

Building

270 apartments, studios to 2-bed over 8 floors in Arjan, completed in 2022 by Danube Properties Development. 8 sold in the last 12 months.

Typical price per sqft
AED 1,225
Typical sale
AED 640K
Typical rent
AED 44K /yr
Typical yield
8.6%
Elz Residence by Danube, Arjan: prices, sales and rents →

Other units on the 7th floor

All 270 units in Elz Residence by Danube
Value
701StudioAED 393K · Jul 2019
702StudioAED 290K · Nov 2022
7032-bedAED 966K · Apr 2019
704AED 530K · Dec 2025
705AED 540K · Nov 2025
706StudioAED 381K · Mar 2019
7071-bedAED 750K · Oct 2024
1–7 of 33

716, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 25 March 2019 for AED 413,000, or AED 1,042 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 29,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 4,600 a year (AED 11.65 per sqft).
  • Studios in Elz Residence by Danube sold for AED 530,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,225 per sqft.

Source: Dubai Land Department. Updated 15 August 2023.

Questions about 716, Elz Residence by Danube

What did unit 716 last sell for?

AED 413,000 on 25 March 2019, sold by the developer: AED 1,042 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 36,000 a year on the contract signed on 15 August 2023. The previous contract, from July 2022, was AED 29,000.

How big is unit 716?

396 sqft (36.8 sqm): a studio on the 7th floor of a 8-storey tower completed in 2022.

What is unit 716 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elz Residence by Danube sold for AED 530,000 to 550,000 in the last 12 months, around AED 1,364 per sqft.

Selling 716? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 716, Elz Residence by Danube

Starts from the last sale price (AED 413K, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 413,000
Deposit, UAE resident (20%)
AED 82,600
Deposit, non-resident (40%)
AED 165,200
Monthly over 25 years at 3.7%
AED 1,690

Plus AED 20,256 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →