Studio at Elitz 3 by Danube, JVC – Below Original Price, Near Handover

Property Overview

This 423 sq ft studio at Elitz 3 by Danube in Jumeirah Village Circle (JVC) is offered at AED 710,000. The agent states an original price of AED 767,000, so the asking price is AED 57,000 (7.4%) below that figure. It is an off-plan resale described by the agent as a distressed sale with handover coming soon; published listings for the project show a Q4 2026 handover. The asking price works out to about AED 1,678 per sq ft.

Property Highlights

• Property type: studio apartment
• Building: Elitz 3 by Danube, JVC
• Developer: Danube Properties
• Size: 423 sq ft
• Asking price: AED 710,000
• Agent-stated original price: AED 767,000
• Difference: AED 57,000 (7.4%)
• Price per sq ft: approx. AED 1,678
• Handover: soon (agent-stated); Q4 2026 per published listings

Why the Price Qualifies as Below OP

The comparison is against the original purchase price supplied in the agent's resale brief of 9 October 2026: AED 767,000. The asking price of AED 710,000 is AED 57,000 lower, or 7.4% below the original price. At 423 sq ft, that is about AED 1,678 per sq ft.

Confirm the original price against the seller's SPA, along with the amount already paid and the balance still due to Danube.

About the Project, Developer and Community

Elitz 3 is a residential development by Danube Properties in District 13 of Jumeirah Village Circle, part of the developer's Elitz series. Published listings describe an extensive amenity package, including swimming pools, indoor, outdoor and aquatic gyms, a spa and Jacuzzi, an open-air cinema, a yoga deck, a business centre, mini golf, tennis and basketball courts, a children's play area with splash pad and a daycare.

Jumeirah Village Circle is a large, family-oriented community in the centre of new Dubai, with mid-rise apartment buildings, townhouses and villas, neighbourhood parks and a deep rental market.

Layout, Floor and View

The agent describes a 423 sq ft studio. Tower, floor, view, furnishing and parking were not supplied. Confirm the tower and unit number against the SPA and floor plan.

Payment Plan and Handover

The agent says handover is coming soon, and published listings for Elitz 3 show an expected handover in Q4 2026. The seller's paid amount and remaining balance were not supplied. Confirm the remaining instalments, any amount due on handover or after handover, and Danube's resale transfer requirements and fees before committing.

Location and Connectivity

JVC sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road, with road access towards Dubai Marina, Al Barsha and the wider city. Check actual drive times for your own routes during a site visit.

Verification Notes

• Agent-supplied: building, unit type, size, asking price, original price, distressed description and handover soon.
• DPF-calculated: AED 57,000 difference, 7.4% saving and approx. AED 1,678 per sq ft.
• External research: developer, district, expected handover and amenities from published Bayut listings for Elitz 3.
• Not verified: SPA price, amount paid, tower, floor and furnishing.