−12% Elitz 2 by Danube
1 BR · Apartment
About the building
Located in JVC District 10. Developer — Danube Properties Development. Architect — Al Majal Engineering Consultant.
What the building has
- Gym
Where it is
The pin is placed by project — accurate to the development, not the door.
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP16-550763
How much is this 1-bedroom apartment in Elitz 2 by Danube?
Lot NP16-550763 is priced at AED 1 120 000, about $305 000. The size is 784 sq ft (73 m²), which works out at AED 1 429 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 270 000; it is now AED 1 120 000 — AED 150 000 less, or 12%.
How does this price compare with other lots in Elitz 2 by Danube?
The database holds 3 lots in Elitz 2 by Danube right now, from AED 770 000 to AED 1 270 000. 2 of them share this type and bedroom count: this lot is the cheapest. At AED 1 429 per sq ft this lot is 21% below the median for the other lots in the project (AED 1 798).
Is this expensive or cheap for JVC?
The database holds 271 lots in JVC. The area median is AED 2 229 per sq ft; this lot, at AED 1 429, is 36% below it. 146 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 224 000; a loan of AED 896 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 600–5 200 a month. A non-resident puts down from 40% (AED 448 000) and pays about AED 3 500–3 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 44 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 880 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Elitz 2 by Danube?
The building has 52 floors. The developer is Danube Properties. Figures are from the project passport: Propsearch and the Dubai Land Department.
Elitz 2 by Danube project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP16-550763 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Elitz 2 by Danube
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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