2 Bedroom Furnished Apartment in Eleganz by Danube, JVC, 16.7% Below OP

Property Overview

This fully furnished two-bedroom apartment in Eleganz by Danube, Jumeirah Village Circle (JVC), is offered as a distress resale at AED 1,800,000. The agent states an original purchase price of AED 2,160,000, so the asking price is AED 360,000 or 16.7% below OP. The unit measures 1,350 sq ft, approximately AED 1,333 per sq ft.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Built-up area: 1,350 sq ft
• Asking price: AED 1,800,000
• Original purchase price: AED 2,160,000 (agent-stated)
• Saving vs OP: AED 360,000 (16.7%)
• Price per sq ft: approx. AED 1,333 (calculated)
• Furnishing: Fully furnished (agent-stated)
• Developer: Danube Properties

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 2,160,000 and an asking price of AED 1,800,000. The difference is AED 360,000, which is 16.7% of the original price.

Calculation

• AED 2,160,000 minus AED 1,800,000 = AED 360,000
• AED 360,000 / AED 2,160,000 = 16.7% below OP
• AED 1,800,000 / 1,350 sq ft = approx. AED 1,333 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA or title deed, so buyers should confirm the original purchase price from those documents.

About the Project, Developer and Community

Eleganz is a residential project by Danube Properties in Jumeirah Village Circle. Published building information lists amenities including a temperature-controlled swimming pool and kids' pool, gym, yoga and wellness area, steam room, sauna and jacuzzi, landscaped gardens, children's play area, BBQ area, multipurpose hall, concierge, 24/7 security and covered parking.

JVC is an established mid-market residential community between Al Khail Road and Sheikh Mohammed Bin Zayed Road, with community parks, schools, clinics and everyday retail including Circle Mall.

Layout and Furnishing

The agent confirms a two-bedroom layout of 1,350 sq ft, offered fully furnished. The Eleganz phase, floor, view, bathroom count, parking allocation and occupancy status were not supplied and should be confirmed before viewing.

Completion and Transfer

The agent brief did not state whether the unit is ready or off-plan. Buyers should confirm the completion status, the title deed or SPA, any outstanding payments or service charges, and the transfer process before agreeing terms.

Location and Connectivity

JVC sits between Al Khail Road and Sheikh Mohammed Bin Zayed Road, giving road access towards Dubai Marina, Al Barsha, Dubai Hills and Downtown Dubai. Public bus routes serve the community. Travel times depend on traffic.

Verification Notes

• Agent-supplied facts: project, developer, two bedrooms, 1,350 sq ft BUA, OP AED 2,160,000, asking price AED 1,800,000 and fully furnished.
• Calculated by DPF: savings amount, savings percentage and price per sq ft.
• External project research: building amenities and community context.
• Not supplied: phase, completion status, floor, view, bathrooms, parking, occupancy status and service charge.