Elitz by Danube
Apartment
About the building
Located in JVC District 11. Developer — Danube Properties Development. Architect — Al Khawajah Engineering Consultancy.
What the building has
- Parking
Specifications for Elitz by Danube per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
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 NP6-284750
How much is this apartment in Elitz by Danube?
Lot NP6-284750 is priced at AED 650 000, about $177 000. The size is 420 sq ft (39 m²), which works out at AED 1 548 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Elitz by Danube?
The database holds 3 lots in Elitz by Danube right now, from AED 650 000 to AED 968 240.
Is this expensive or cheap for JVC?
The database holds 265 lots in JVC. The area median is AED 2 229 per sq ft; this lot, at AED 1 548, is 31% below it. 147 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 130 000; a loan of AED 520 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 700–3 000 a month. A non-resident puts down from 40% (AED 260 000) and pays about AED 2 000–2 300 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 26 000 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?
The lot's price is AED 100 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 350 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about Elitz by Danube?
The building has 42 floors. The developer is Danube Properties. Figures are from the project passport: Propsearch and the Dubai Land Department.
Elitz 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 NP6-284750 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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