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Studio · 393 sqftElz Residence by Danube, Arjan · 7th floor · completed 2022

723, Elz Residence by Danube

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

Unit 723 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 402K10 February 2019
Current rentAED 43K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Elz Residence by Danube

What is 723 worth today?

Last sold for AED 402,000 in 2019

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1 Sep 2025RentedRenewal
AED 43,000/yr12 months · AED 109 per sqft
1 Sep 2024RentedNew contract
AED 43,000/yr12 months · AED 109 per sqft
1 Aug 2023RentedRenewal
AED 30,800/yr12 months · AED 79 per sqft
1 Aug 2022RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
10 Feb 2019Sold by developerOff-plan
AED 402,000AED 1,021 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
7th of 8
Parking
G-89
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 402K · February 2019
Building
Elz Residence by Danube

About 723, Elz Residence by Danube

723 is a studio of 393 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 10 February 2019 for AED 402,000, or AED 1,021 per sqft, 4% above the AED 984 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 43,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 723 over time

Sales
Unit 723, 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, February 2019: AED 402,000 (AED 1,021 per sqft)

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

Rents
Unit 723, 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, August 2022: AED 28,000 a yearRenewal, August 2023: AED 30,800 a yearNew contract, September 2024: AED 43,000 a yearRenewal, September 2025: AED 43,000 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 723 sits

All 205 studios →

723 last sold in February 2019 at AED 1,021 per sqft, 4% above what studios in Elz Residence by Danube were fetching at the time (AED 984). 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. 723's AED 43,000 is in the lower half 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,244
Typical sale
AED 550K
Typical rent
AED 44K /yr
Typical yield
8.5%
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

723, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 10 February 2019 for AED 402,000, or AED 1,021 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 28,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2019 price is 10.7%, 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 1,244 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 723, Elz Residence by Danube

What did unit 723 last sell for?

AED 402,000 on 10 February 2019, sold by the developer: AED 1,021 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 43,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 43,000; the unit has been rented since August 2022.

How big is unit 723?

393 sqft (36.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2022.

What is unit 723 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.

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Mortgage on 723, Elz Residence by Danube

Starts from the last sale price (AED 402K, 10 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 402,000
Deposit, UAE resident (20%)
AED 80,400
Deposit, non-resident (40%)
AED 160,800
Monthly over 25 years at 3.7%
AED 1,645

Plus AED 19,794 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →