Studio Apartment in Eleganz by Danube, JVC, 15.6% Below Original Price

Property Overview

This studio apartment in Eleganz by Danube, Jumeirah Village Circle, is offered at AED 620,000, which is AED 115,000 below the original purchase price of AED 735,000, a reduction of 15.6%. The fully furnished studio spans 384 sqft in a completed building that has been ready for occupancy since early 2024. A post-handover payment plan continues from the original purchase.

Property Highlights

• Studio apartment, 384 sqft
• Fully furnished with equipped kitchen
• Asking price: AED 620,000
• Original purchase price: AED 735,000
• Saving: AED 115,000 (15.6% below OP)
• Rate: AED 1,615 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 620,000 represents a reduction of AED 115,000, equivalent to 15.6% below the original price. At the asking price, the rate per square foot is AED 1,615.

This benchmark is based on the agent's stated original purchase price. Buyers should verify the original SPA and payment history directly before proceeding.

Payment Plan

The agent brief mentions a handover payment plan is in place. Eleganz by Danube operates a 40/60 payment structure with 40% as a down payment and 60% payable post-handover at 1% per month over 5 years (60 months). As this is a resale, the buyer would take over the remaining post-handover instalments. Buyers should verify the exact outstanding balance, the number of payments made and the remaining schedule with the seller and Danube Properties before committing.

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. The service charge is approximately AED 12 to 14 per sqft. Danube Properties is a Dubai-based developer known for affordable luxury developments across Dubai including Lawnz, Diamondz, Glamz and Bayz.

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, built-up area and post-handover payment plan status are sourced from the agent brief received in September 2026. The agent refers to the project as Eleganz 5, which may indicate a specific building number within the Eleganz complex. The savings calculation of AED 115,000 (15.6%) is derived from the difference between the stated original price and the asking price. The agent brief states both 15.6% and 15.7% as the discount percentage; the calculated figure is 15.6%. The price per square foot of AED 1,615 is calculated from the asking price and stated built-up area. 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.