Elitz 2, 3
About Elitz 2, 3
(sq. ft.)
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Elitz 2 comes as a premium mixed-use development by Danube Properties in the well-developed area of Jumeirah Village Circle. It is the second phase of the best-selling Elitz complex. The project comprises 2 towers, 45 and 39 storeys high, with a collection of studios and 1–3 bedroom units. There are commercial spaces available for purchase as well.
The properties in Elitz boast private balconies, which offer stunning views of the luscious parks of Jumeirah Village Circle. Select layouts may feature a study and/or a maid’s room for the utmost convenience of the homeowners.
Elitz 2 comes with more than 40 facilities, such as an elite cafe, a business centre, a BBQ area, a cigar lounge, a library, cabana seating, a recreational zone, and family seating. Fitness enthusiasts will appreciate a swimming pool, a health club, a running track, an aquatic gym, and an indoor & outdoor gym. Also, there will be mini golf, table tennis, a chess board, a badminton court, and much more.
In August 2023, the master developer released Elitz 3, which consists of 2 towers, 47 and 41 storeys high. There are studios and 1-3-bedroom apartments on offer, similar to Elitz 2. The property size ranges from 301 sq. ft to 1,199 sq. ft.
Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Developer Danube Properties
- Status of Project In progress
- Type of Project Residential Tower
- Available Units Studios - 3BR Apartments
- Area from 385 sq. ft.
- Payment Plan 65/35
Floor Plans of Elitz 2, 3
Apartment, A
Type:
Studio
Total Area:
385 sq. ft.
Starting Price:
Ask for Price
Apartment, Executive
Type:
1 Bedroom
Total Area:
762 sq. ft.
Starting Price:
Ask for Price
Apartment, B
Type:
2 Bedrooms
Total Area:
1,108 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
3 Bedrooms
Total Area:
1,523 sq. ft.
Starting Price:
Ask for Price
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
Studio | A | Apartment | 385 sq. ft. | Ask for Price |
|
Studio | Presidential | Apartment | 448 sq. ft. | Ask for Price |
|
|
1 Bedroom | Executive | Apartment | 762 sq. ft. | Ask for Price |
|
1 Bedroom | Suite | Apartment | 766 sq. ft. | Ask for Price |
|
|
2 Bedrooms | B | Apartment | 1,108 sq. ft. | Ask for Price |
|
2 Bedrooms | B | Apartment | 1,287 sq. ft. | Ask for Price |
|
|
3 Bedrooms | Apartment | 1,523 sq. ft. | Ask for Price |
Property Prices
As of Q3 2023, the starting price for a 1-bedroom apartment in Elitz 3 is AED 1.1M (USD 299K).
*The price is valid for 2023
Payment Plan (6 Year)
Location
Elitz 2, 3 is adjacent to Al Khail Road, which is one of the emirate’s main arteries, ensuring excellent commutes. Within the vicinity of the complex is the JVC, Manhattan Tower bus station. A wide range of coveted addresses is easily accessible — for example, Dubai International Airport, Dubai Marina, and Downtown Dubai are within a radius of a 25-minute drive.
There is a wide array of social facilities available close by, including:
- Choithrams Manhattan Tower JVC
- LIFE Pharmacy — Al Barsha South Fourth
- JSS International School
- Right Health Karama Medical Center
- Circle Mall
Economic Appeal
Elitz 2 is scheduled for completion in Q3 2026. The first phase of Elitz fully sold out on the first day of its launch, illustrating investors’ confidence in the high quality of the developer’s homes and strong investment potential of the complex.
Besides using a property in Elitz 2 as a private dwelling, it is worth considering renting it out to generate profit. As of June 2023, the initial annual cost of 1-bedroom units to rent in Jumeirah Village Circle is AED 40K (USD 11K), with an average gross yield of 7.7 %. These indicators ensure a high rental income and rapid payback.
Elitz 3 is scheduled for completion in Q4 2026. The master developer offers a guaranteed net ROI of 6 % for 3 years.
If your investment in Elitz 2 and 3 amounts to at least AED 750K (USD 204K), then you can obtain a 2-year visa. Property valued at a minimum of AED 2M (USD 545K) grants you a 10-year Golden Visa. For more information, please contact our agents.
*The price is valid for 2023
FAQ
The developer of Elitz 2 and 3 is Danube Properties.
It is located in Jumeirah Village Circle.
You can choose from an array of studios and 1–3 bedroom apartments, along with commercial units.
The completion date of Elitz 2 and Elitz 3 is scheduled for Q3 and Q4 2026, respectively.
You can take advantage of a 65/35 payment plan, with a 10% booking fee.
As of Q3 2023, the starting price for a 1-bedroom in Elitz 3 is AED 1.1M (USD 299K).
Yes, you can become a UAE resident in this case.
If your investment in Elitz 2, 3 amounts to at least AED 750K (USD 204K), then you can obtain a 2-year visa. Property valued at a minimum of AED 2M (USD 545K) grants you a 10-year Golden Visa.
The complex is freehold, enabling all nationalities to become property owners.
It is an excellent investment, as the average gross ROI in 1-bedroom apa+rtments in Jumeirah Village Circle is 7.7 %. The initial rental cost in this area stands at AED 40K (USD 11K) per year. If you buy property in Elitz 3, you will enjoy a guaranteed 6 % ROI for 3 years.
It is an excellent location with affordable properties surrounded by developed infrastructure. Business professionals will appreciate a business centre onsite, while families with little ones will enjoy play areas, cabanas, swimming pools, and other amenities.
Jumeirah Village Circle houses everything necessary for a comfortable living environment. That said, when living here you can take advantage of Choithrams Manhattan Tower JVC, LIFE Pharmacy — Al Barsha South Fourth, JSS International School, and other facilities.
Similar Projects
Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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