What is the rental yield in Elz Residence?

Elz Residence returns 8.72% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 151 rental contracts registered in the last 24 months.

How much does a studio in Elz Residence cost?

The median registered sale price is AED 522,500 (1,321 AED/sqft), from 32 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Elz Residence selling for right now?

Registered sales of ready units in Elz Residence over the last 6 months have a median of 1,248 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Elz Residence risen or fallen?

Median price per square foot moved +3.9% over the last 12 months against the 12 before it, on 32 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Elz Residence compare with Arjan?

Its 8.72% gross yield sits +0.5 pts against the Arjan median of 8.22%, computed at the same bedroom grain over the same 24-month window.

Elz Residence — sale prices & yield

Buy: 522,500AED; AED 1,248/sqft
Long-let: 8.72%; AED 43,000/yr
Short-let: 18.21%; AED 413/night · 1.04/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: +0.5 pts; vs the Arjan median for this unit type
Turnover upside: +7.5%; new tenants pay more than sitting ones — 148 renewals
AED/yr/sqft: AED 108
Sales: 32
Rental contracts: 151
Renewal rent: AED 40,000/yr

12 months: +3.9%
3 years: +30.1%+9.2%/yr
5 years: +27.3%+4.9%/yr

Based on 32 sales and 151 rental contracts in the last 24 months.

Elz Residence is an apartment building in Arjan, Dubai, one of the towers in the ELZ Residence development. The closest metro station is Sharaf Dg Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Motor City. Land Department records for it run from 2018 to 2026, 748 registered sales in all — the 32 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Elz Residence, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 522,500	1321	8.72% +0.5 pts	+3.9%	32
1 bed	AED 800,000	1162	8.13% +0.2 pts	-5.5%	13
2 bed	AED 1.28M	1119	—	—	1

Deltas compare each yield with the Arjan median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Elz Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	413	1.04	AED 95,147	AED 43,000	2.2×	18.21%	7+
1 bed500m	464	0.67	AED 102,937	AED 65,000	1.6×	12.87%	25+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Elz Residence itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Elz Residence between 2018 and 2022 went for a median of AED 981/sqft (AED 394,380). The same building resells today at AED 1,248/sqft (AED 540,000) — an uplift of +36.9%.

Based on 264 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

18 resales in the last 12 months, against 26 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
13 Aug 2026	Studio	397	AED 493,000	1,242
24 Jun 2026	2 bed	1,148	AED 1,285,000	1,119
9 Jun 2026	Studio	425	AED 450,000	1,058

3 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
20 Sept 2026	1 bed	688	AED 56,000	81	New
1 Sept 2026	Studio	392	AED 39,690	101	Renewal
1 Sept 2026	Studio	393	AED 48,000	122	Renewal
1 Sept 2026	Studio	393	AED 37,000	94	Renewal
1 Sept 2026	Studio	425	AED 45,000	106	New
28 Aug 2026	Studio	393	AED 42,000	107	Renewal
25 Aug 2026	Studio	393	AED 39,000	99	New
25 Aug 2026	1 bed	681	AED 55,000	81	Renewal
15 Aug 2026	Studio	395	AED 44,000	111	Renewal
12 Aug 2026	Studio	393	AED 39,303	100	Renewal
10 Aug 2026	Studio	393	AED 40,000	102	Renewal
1 Aug 2026	Studio	393	AED 40,000	102	New
1 Aug 2026	Studio	393	AED 42,000	107	New
1 Aug 2026	Studio	396	AED 40,000	101	New
23 Jul 2026	Studio	392	AED 40,000	102	New
19 Jul 2026	Studio	395	AED 42,000	106	Renewal
11 Jul 2026	Studio	392	AED 45,000	115	New
11 Jul 2026	Studio	396	AED 40,000	101	New
11 Jul 2026	Studio	392	AED 45,000	115	Renewal
10 Jul 2026	Studio	393	AED 43,000	110	Renewal
10 Jul 2026	Studio	393	AED 39,000	99	New
1 Jul 2026	Studio	425	AED 43,000	101	Renewal
1 Jul 2026	Studio	393	AED 40,000	102	New
27 Jun 2026	Studio	393	AED 37,000	94	New
20 Jun 2026	Studio	396	AED 45,000	114	Renewal
20 Jun 2026	1 bed	689	AED 66,200	96	New
20 Jun 2026	Studio	393	AED 41,000	104	New
11 Jun 2026	Studio	432	AED 55,200	128	New
10 Jun 2026	Studio	392	AED 42,000	107	Renewal
6 Jun 2026	Studio	393	AED 40,000	102	New
5 Jun 2026	Studio	392	AED 40,000	102	New
1 Jun 2026	Studio	393	AED 48,000	122	Renewal
1 Jun 2026	1 bed	688	AED 61,000	89	New
1 Jun 2026	Studio	393	AED 40,000	102	Renewal
1 Jun 2026	1 bed	693	AED 55,000	79	New
1 Jun 2026	Studio	395	AED 41,000	104	New
1 Jun 2026	Studio	391	AED 42,000	108	Renewal
30 May 2026	Studio	396	AED 41,000	104	New

38 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 10
Lifts: 3
Parking bays: 278
Swimming pools: 1

Nearby

Metro: Sharaf Dg Metro Station
Mall: Mall of the Emirates
Landmark: Motor City

Compare with nearby buildings

The most-traded buildings in Arjan, on the same figures over the same window.

Highest rental yields in Arjan · Elz Residence places 14th of 61

Common questions

What is the rental yield in Elz Residence?: Elz Residence returns 8.72% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 151 rental contracts registered in the last 24 months.
How much does a studio in Elz Residence cost?: The median registered sale price is AED 522,500 (1,321 AED/sqft), from 32 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Elz Residence selling for right now?: Registered sales of ready units in Elz Residence over the last 6 months have a median of 1,248 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Elz Residence risen or fallen?: Median price per square foot moved +3.9% over the last 12 months against the 12 before it, on 32 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Elz Residence compare with Arjan?: Its 8.72% gross yield sits +0.5 pts against the Arjan median of 8.22%, computed at the same bedroom grain over the same 24-month window.

Elz Residence