Ref: ELITZ3-JVC-2BR-DISTRESS-001
Jumeirah Village Circle, United Arab Emirates
Bedrooms
2Down Payment
On RequestHandover Date
Q2-2026This is a verified motivated-seller distress listing at ELITZ 3 by Danube by Danube Properties in JVC. The seller is exiting at 10% below OP+DLD below the original purchase price of AED 1,730,769, transferring a 1,108 sqft 2BR at AED 1,560,000 (AED 1,408/sqft) against a current JVC secondary market of approximately AED 1,606/sqft — placing AED 220,000 in immediate unrealised equity in the buyer’s hands. JVC recorded 12,800 DLD transactions in 2025, up 17% year-on-year, providing the buyer liquidity depth for any future exit. Dubai’s total 2025 residential transaction volume reached 205,100 sales worth AED 539.9 billion, up 18.3% year-on-year (DLD / Knight Frank), confirming the structural strength of the market within which this distress opportunity sits.
The unit occupies Mid-High Floor at ELITZ 3 by Danube, delivering JVC Community and Park View. With 60% of the original price already paid by the seller (AED 1,038,461), the buyer assumes only the remaining 40% (AED 692,308) at Q2 2026 handover — giving the buyer 9-12 months of cashflow planning runway between transfer and final payment. Fully Furnished delivery eliminates all fit-out capex — immediate income generation on day one.
The seller is exiting at 10% below OP+DLD below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 1,038,461 (60%) to Danube Properties, the seller crystallises a cash loss of AED 240,000 rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 220,000 on AED 1,560,000 invested — a 14.1% immediate paper return — plus entry at AED 1,408/sqft against new off-plan launches in JVC pricing at AED 1,700/sqft or above.
Danube Properties-approved novation: seller NOC confirming no arrears; MOU with 10% escrow AED 156,000; Danube Properties, seller and buyer sign novation SPA; buyer pays DLD 4% AED 62,400; buyer assumes 40% (AED 692,308) at Q2 2026 handover. DistressPropertyFinder.com manages all steps.
At AED 1,408/sqft, this unit sits AED 198/sqft (12.3%) below the current JVC secondary market average of AED 1,606/sqft, and AED 292/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today pays materially more for a comparable JVC address. At the mid-range annual rent estimate of AED 118,000, gross yield is 7.6%, delivering AED 100,272/yr net of service charges before any capital appreciation is counted.
Jumeirah Village Circle (JVC) is Dubai’s most liquid residential community with 12,800+ DLD transactions in 2025. Danube’s Elitz series (1, 2, 3) are the most popular off-plan launches in JVC — twin-tower projects with 40+ amenities, fully furnished apartments and Danube’s transferable 1% payment plan. Elitz (original) delivered Q4 2025; Elitz 2 Q3 2026; Elitz 3 Q4 2026. Presidential Suites are a unique Danube configuration — larger studio with full hotel-style furnishing at premium pricing. DLD avg transaction Elitz: AED 1,123,513. JVC 1BR avg gross ROI 7.7% (Metropolitan Premium).
Al Khail Road and Sheikh Mohammed Bin Zayed Road dual-highway access. Circle Mall at geographic centre. Downtown 16 min, Marina 15 min, Airport 22 min.
Elitz Presidential Suite (865-890 sqft) — similar to a large 1BR — achieves AED 75,000-100,000/yr. Standard 1BR (889 sqft): AED 72,000-95,000/yr. Elitz 3 2BR (1,108 sqft): AED 105,000-135,000/yr. Danube 1% plan transferable on novation. JVC yield 7.7% for 1BR.
Elitz series 10% below OP+DLD = genuine cash loss for seller. JVC 12,800 transactions = deepest exit liquidity in Dubai’s affordable segment. New Elitz 3 2BR from AED 1,800/sqft (launch); this at AED 1,408-1,519/sqft is below launch and market. Q2-Q4 2026 handovers = near-term.
The seller exits at 10% below OP+DLD below the original cost of AED 1,730,769 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 1,038,461 (60%) to Danube Properties, the seller prefers to crystallise a cash loss of AED 240,000 rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.
Seller transfers at AED 1,560,000 — 10% below OP+DLD below what they paid. Buyer acquires at AED 1,408/sqft vs JVC market AED 1,606/sqft with AED 220,000 day-one unrealised equity. No speculative mark-up — this is a genuine below-cost exit.
Novation: seller NOC from Danube Properties; MOU with 10% escrow AED 156,000; novation SPA; DLD registration with 4% fee AED 62,400; buyer assumes 40% (AED 692,308) at Q2 2026. 3-6 weeks total. DistressPropertyFinder.com manages all steps.
At AED 1,408/sqft — 12.3% below JVC market AED 1,606/sqft — with AED 220,000 day-one equity and 7.6% gross yield at mid-range AED 118,000/yr, plus JVC transactions at 12,800 (+17% in 2025) and new launches at AED 1,700/sqft, the investment case is clear. Danube Properties’s delivery track record de-risks Q2 2026 handover.
A 2BR in JVC with JVC Community and Park View achieves AED 100,000–AED 136,000/yr in annual Ejari leases. Fully Furnished adds 15-20% vs unfurnished. At AED 1,560,000, mid-range AED 118,000/yr = 7.6% gross, net 6.4% after service charges of AED 17,728/yr.
Transfer to seller AED 867,692 + DLD AED 62,400 + NOC ~AED 5-6.5K. Immediate total AED 935,592. Handover balance AED 692,308 due Q2 2026. Zero agent fee. All-in (price+DLD): AED 1,622,400.
JVC at AED 1,408/sqft offers comparable or superior yield versus Downtown Dubai at AED 3,800-4,800/sqft with 5.0-5.5% yields. JVC transactions grew 17% in 2025 with new off-plan launches at AED 1,700/sqft confirming the appreciation trajectory. This unit’s AED 220,000 built-in equity provides a margin of safety Downtown purchasers at full market pricing do not have.
3-6 weeks from MOU. Danube Properties NOC: 5-10 business days. DLD registration: 1-3 business days. DistressPropertyFinder.com manages all documentation, escrow and DLD registration end to end. Reference: ELITZ3-JVC-2BR-DISTRESS-001.
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |
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