Launch of $245 million Elitz-2 project at JVC

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Developer Danube Properties, the fastest growing company in  the United Arab Emirates, announced the opening of Elitz 2 at Jumeirah Village Circle (JVC) with a development value of over US$245 million, where SE Dr. Thani bin Ahmed Al Zeyoudi, UAE Foreign Trade Minister and Bollywood superstar Malaika  attended.

Development company Danube Propertieshas launched eight projects in 16 months and is preparing to commission three projects with 1,303 apartments this year.

Upon completion in Q3 2026, Elitz will offer 2,750 residential units including studios, 1-, 2- and 3-bedroom apartments and several retail outlets. Like most other Danube projects, the Elitz 2 homes will include more than 40 community facilities, including lifestyle and health facilities, as well as a gym, sports arena, swimming pools, jogging track, tennis court, barbecue area and services, among others.

Prices for the Home start at $177,111 for a Studio. However, stock prices will increase over time, which is more valuable for investing. Dolphin Properties homes are offered with an attractive installment plan of 1% after deposit, making living cheaper and easier.

homes are delivered mid-payment schedule, meaning a buyer can move into a home after paying 60% of the property’s total value. This helps landlords add value by increasing rental savings or paying equal monthly installments (EMI) out of rental income.

The strategy of developer Danube Propertiesis to start one project at a time, sell it and then hire a contractor to build the project before starting the next project. So far, 22 of the 23 projects started have been sold and 12 have been ordered, with the rest being in various stages of construction.

Project Elitz 2 is Danube Properties23rd residential development in 9 years since development began in 2014 and is the most active private developer in the UAE.

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“The launch of the Elitz 2 is a response to continued strong demand for high-quality cases and comes less than two months after the launch of the nearly sold-out Fashionz project,” said Rizwan Sajan, founder and president of the Danube Group.

“In terms of the number of apartments – 750 to be precise – Elitz 2 is one of our major projects to meet the growing demand.With over 40 amenities, the Elitz 2 homes offer above average luxury and lifestyle to homeowners who are pampered with the best of the best available on the market.