Elz Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Danube
275
Total Units
275
Sold
⃃ 407,000
Median Price
⃃ 1,000
Median Price /sqft
Construction progress: 100%
Start: Dec, 2018Completion: May, 2022

Elz Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio214390 sqft - 430 sqft⃃ 0.5M (1,350 /sqft)⃃ 1,720 /sqft
-21.47
1 Bed48680 sqft - 690 sqft⃃ 0.8M (1,110 /sqft)⃃ 1,530 /sqft
-27.9
2 Beds81,150 sqft - 1,150 sqft⃃ 1.3M (1,120 /sqft)⃃ 1,380 /sqft
-18.82

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Elz ResidenceAl Barsha South Third
Sep 2018—1.0K
Oct 2018—983
Nov 2018—1.1K
Dec 20181.0K1.1K
Jan 2019980977
Feb 20191.0K1.0K
Mar 2019965959
Apr 2019991989
May 20191.0K997
Jun 20191.0K976
Jul 20191.0K988
Aug 2019959959
Sep 2019948893
Oct 2019—744
Nov 2019918922
Dec 2019980953
Jan 2020948659
Feb 20209871.1K
Mar 2020—1.1K
Apr 2020—1.1K
May 2020—1.0K
Jun 2020—960
Jul 2020656867
Aug 20201.0K1.0K
Sep 2020980916
Oct 2020—1.0K
Nov 20201.1K804
Dec 20201.0K714
Jan 2021892842
Feb 2021896860
Mar 2021945810
Apr 2021865801
May 2021—809
Jun 2021839825
Jul 2021937897
Aug 2021—903
Sep 2021—1.1K
Oct 2021—953
Nov 2021—1.1K
Dec 20211.0K1.1K
Jan 20221.0K1.2K
Feb 2022—1.2K
Mar 2022937980
Apr 20229301.2K
May 20229161.2K
Jun 20228931.1K
Jul 20221.0K1.1K
Aug 2022—1.1K
Sep 20229011.2K
Oct 2022—1.2K
Nov 2022830997
Dec 2022934988
Jan 2023—1.0K
Feb 2023—1.0K
Mar 20238241.0K
Apr 20237761.1K
May 20239801.3K
Jun 20239381.3K
Jul 20231.1K1.2K
Aug 20231.0K1.4K
Sep 20231.1K1.4K
Oct 20239991.2K
Nov 20239941.2K
Dec 20231.1K1.1K
Jan 20241.1K1.2K
Feb 20241.1K1.3K
Mar 20241.1K1.3K
Apr 2024—1.3K
May 20248711.3K
Jun 2024—1.3K
Jul 20241.2K1.4K
Aug 20241.2K1.4K
Sep 2024—1.3K
Oct 20241.2K1.4K
Nov 20241.1K1.3K
Dec 20241.2K1.4K
Jan 20251.4K1.3K
Feb 2025—1.3K
Mar 20251.3K1.3K
Apr 20251.3K1.4K
May 20251.2K1.3K
Jun 20251.3K1.4K
Jul 20251.3K1.4K
Aug 20251.2K1.4K
Sep 20251.4K1.4K
Oct 2025—1.5K
Nov 20251.4K1.5K
Dec 20251.3K1.6K
Jan 20261.2K1.5K
Feb 20261.2K1.5K
Mar 2026—1.6K
Apr 20261.2K1.5K
May 20261.2K1.6K
Jun 20261.1K1.7K
Jul 2026—1.6K
Aug 20261.2K1.5K
Sep 2026—1.5K
Oct 20261.3K1.5K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial—1,043 sqft0 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment693 sqft4.49 sqft⃃ 710,000⃃ 1,025 /sqft13, Apr 2026
1Apartment689 sqft4.49 sqft⃃ 700,000⃃ 1,016 /sqft22, May 2026
1Apartment682 sqft4.4 sqft⃃ 670,320⃃ 983 /sqft11, Jun 2019
1Apartment692 sqft4.41 sqft⃃ 642,630⃃ 929 /sqft11, Apr 2021
1Apartment688 sqft4.4 sqft⃃ 642,630⃃ 934 /sqft22, Mar 2021
1Apartment686 sqft4.32 sqft⃃ 630,000⃃ 918 /sqft06, Nov 2023
2Apartment1,148 sqft13.3 sqft⃃ 1,285,000⃃ 1,119 /sqft24, Jun 2026
StudioApartment393 sqft4.41 sqft⃃ 550,000⃃ 1,399 /sqft07, Oct 2024
StudioApartment392 sqft4.41 sqft⃃ 505,000⃃ 1,288 /sqft29, May 2025
StudioApartment393 sqft4.48 sqft⃃ 490,000⃃ 1,247 /sqft09, Jun 2025
StudioApartment432 sqft8.09 sqft⃃ 445,000⃃ 1,030 /sqft06, Nov 2023
StudioApartment425 sqft2.7 sqft⃃ 413,820⃃ 974 /sqft14, Jul 2019
StudioApartment392 sqft4.4 sqft⃃ 390,000⃃ 995 /sqft06, Sep 2022
StudioApartment393 sqft4.48 sqft⃃ 378,000⃃ 962 /sqft21, Feb 2019
StudioApartment391 sqft4.32 sqft⃃ 375,000⃃ 959 /sqft19, Aug 2019

Elz Residence Real Estate Data – FAQ

  • What is the current property supply in Elz Residence?

    Elz Residence has a total residential supply of approximately 73 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Elz Residence?

    Elz Residence recorded 19 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Elz Residence?

    The median transaction price in Elz Residence is ⃃ 1,240 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Elz Residence?

    The gross rental yield in Elz Residence is approximately 10%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Elz Residence?

    Property prices in Elz Residence have shown a capital appreciation of -3.51% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Elz Residence?

    There are currently 0 active off-plan projects in Elz Residence, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Elz Residence?

    The total off-plan pipeline in Elz Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Elz Residence a good area for property investment?

    Elz Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 10%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Elz Residence, this is 10%, indicating relatively strong income performance compared to global markets.