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Studio · 393 sqftElz Residence by Danube, Arjan · 8th floor · completed 2022

808, Elz Residence by Danube

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 435K7 March 2024
Current rentAED 40K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 808, Elz Residence by Danube

What is 808 worth today?

Last sold for AED 435,000 in 2024

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28 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
7 Mar 2024SoldReady
AED 435,000AED 1,107 per sqft
18 Oct 2023RentedRenewal
AED 29,900/yr12 months · AED 77 per sqft
18 Oct 2022RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
15 Jul 2019Sold by developerOff-plan
AED 396,000AED 1,008 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
8th of 8
Parking
G-22
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 435K · March 2024
Building
Elz Residence by Danube

About 808, Elz Residence by Danube

808 is a studio of 393 sqft on the 8th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 7 March 2024 for AED 435,000, or AED 1,107 per sqft, 5% above the AED 1,057 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 28 October 2024, is AED 40,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 4,600 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, July 2019: AED 396,000 (AED 1,008 per sqft)Sold, March 2024: AED 435,000 (AED 1,107 per sqft)

808 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 808, 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, October 2022: AED 26,000 a yearRenewal, October 2023: AED 29,900 a yearNew contract, October 2024: AED 40,000 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 808 sits

All 205 studios →

808 last sold in March 2024 at AED 1,107 per sqft, 5% above what studios in Elz Residence by Danube were fetching at the time (AED 1,057). 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. 808's AED 40,000 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. 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 8th floor

All 270 units in Elz Residence by Danube
Value
801StudioAED 480K · Aug 2024
802StudioAED 450K · Sep 2023
8032-bedAED 1.1M · Nov 2023
804StudioAED 391K · Jul 2019
805StudioAED 391K · Jul 2019
806StudioAED 403K · Jul 2019
8071-bedAED 631K · Feb 2021
1–7 of 33

808, Elz Residence by Danube in numbers

  • Sold twice: first on 15 July 2019 for AED 396,000, last on 7 March 2024 for AED 435,000 (AED 1,107 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 26,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 9.2%, 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 28 October 2024.

Questions about 808, Elz Residence by Danube

What did unit 808 last sell for?

AED 435,000 on 7 March 2024: AED 1,107 per sqft for 393 sqft. The unit has 2 registered sales; the first was AED 396,000 in July 2019.

What is the rent for unit 808?

AED 40,000 a year on the contract signed on 28 October 2024. The previous contract, from October 2023, was AED 29,900; the unit has been rented since October 2022.

How big is unit 808?

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

What is unit 808 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 808, Elz Residence by Danube

Starts from the last sale price (AED 435K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

Plus AED 21,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →