Studio Apartment in Eleganz 5 by Danube, JVC, 21.1% Below Original Price

Property Overview

This studio apartment in Eleganz 5 by Danube, Jumeirah Village Circle, is offered at AED 580,000, which is AED 155,000 below the original purchase price of AED 735,000, a reduction of 21.1%. The fully furnished studio spans 384 sqft in a completed building that has been ready since early 2024.

Property Highlights

• Studio apartment, 384 sqft
• Fully furnished with equipped kitchen
• Asking price: AED 580,000
• Original purchase price: AED 735,000
• Saving: AED 155,000 (21.1% below OP)
• Rate: AED 1,510 per sqft
• Ready property (completed early 2024)
• Post-handover payment plan continuing

Why This Price Qualifies as Below OP

The seller's original purchase price is stated as AED 735,000. The current asking price of AED 580,000 represents a reduction of AED 155,000, equivalent to 21.1% below the original price. At the asking price, the rate per square foot is AED 1,510.

DPF also lists another Eleganz studio with the same 384 sqft size and AED 735,000 OP at AED 620,000 (15.6% below OP). This unit offers a deeper discount of 21.1%, saving an additional AED 40,000 over the other listing, indicating a more motivated seller.

Buyers should verify the original SPA and payment history directly before proceeding.

About Eleganz by Danube

Eleganz is a low-rise residential development by Danube Properties in Jumeirah Village Circle, configured as G+4 (ground plus four floors). The building offers studios and 1 and 2-bedroom apartments, 2-bedroom duplexes and 4-bedroom townhouses. All units are delivered fully furnished with premium finishes, equipped kitchens, modern sanitary ware and built-in appliances. The project was completed in early 2024.

Amenities include a swimming pool, parking, playgrounds, dog parks, a gymnasium and landscaped common areas. Danube Properties operates a post-handover payment plan of 1% monthly over 5 years (60 months) on the 60% balance.

Location and Connectivity

Eleganz sits within Jumeirah Village Circle with access to Al Khail Road and Sheikh Mohammed Bin Zayed Road. Dubai Marina is approximately 15 minutes by car. The Circle Mall and multiple dining and retail outlets are within the JVC community. Buyers should verify specific travel times independently.

Verification Notes

The asking price, original purchase price and built-up area are sourced from the agent brief received in September 2026. The savings calculation of AED 155,000 (21.1%) is derived from the difference between the stated original price and the asking price. The price per square foot of AED 1,510 is calculated from the asking price and stated built-up area. The agent refers to the project as Eleganz 5, which may indicate a specific building number within the Eleganz complex. Project details are drawn from Danube Properties and secondary market sources. Buyers should independently confirm all figures, including the original SPA, payment history, remaining post-handover instalments and unit condition, before committing.