What is the asking price of this Elitz 3 studio?
The off-plan studio in Elitz 3 by Danube Properties, JVC, is listed at AED 710,000.
Off-Plan Studio Near Handover in Elitz 3 by Danube, JVC – Below OP
AED 710,000 was AED 767,000
| Deal type | Below OP |
| Price | AED 710,000 |
| Original price | AED 767,000 |
| Saving | AED 57,000 (7.4%) |
| Size | 423.4 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Developer | Danube Properties |
| Area / Master development | Jumeirah Village Circle |
| Sub-community / Phase | Elitz 3 |
| Community | Jumeirah Village Circle |
Property Overview
This is an off-plan studio in Elitz 3 by Danube Properties, Jumeirah Village Circle (JVC), nearing handover. It is offered as a distress resale at AED 710,000, which is AED 57,000 (7.4%) below the agent-stated original price of AED 767,000, for 423.4 sq ft of built-up area, about AED 1,677 per sq ft.
Property Highlights
- Asking price: AED 710,000
- Original price (agent-stated): AED 767,000
- Saving: AED 57,000 (7.4%)
- Built-up area: 423.4 sq ft
- Price per sq ft: approximately AED 1,677
- Type: studio
- Status: off-plan, handover soon (agent-stated)
Why the Price Qualifies as Below OP
The agent states an original price of AED 767,000. At AED 710,000, the asking price is AED 57,000 lower, a 7.4% discount on the original price. DPF calculated the rate as AED 1,677 per sq ft (AED 710,000 divided by 423.4 sq ft).
Confirm the original price against the seller's SPA and Oqood before committing.
About the Project, Developer and Community
Elitz 3 is a residential project by Danube Properties in Jumeirah Village Circle, part of Danube's Elitz-branded developments in the community. JVC is a large, established residential community in Dubai with low- and mid-rise apartment buildings, townhouses and villas set around parks and local retail.
Layout, Floor and View
The agent states the unit is a 423.4 sq ft studio. The brief does not give the floor, view, furnishing, unit number or parking, so those are not listed.
Payment Plan and Handover
The agent describes handover as coming soon but does not give a date, the amount paid or any remaining instalments, including any post-handover plan. Confirm the handover date, statement of account, remaining payments and Danube's transfer requirements against the SPA before signing.
Location and Connectivity
Jumeirah Village Circle sits between Al Khail Road and Sheikh Mohammed bin Zayed Road. DPF does not quote travel times; check routes at your usual travel hours.
Verification Notes
- Agent-supplied: price, original price, size, studio type, distress basis and near-handover status.
- DPF-calculated: saving, discount percentage and price per sq ft.
- External research: limited; developer and community context only.
- Not supplied: handover date, amount paid, payment plan, floor, view, furnishing and parking.
Frequently asked questions
How much below the original price is it?
The agent states an original price of AED 767,000. The asking price is AED 57,000 lower, a 7.4% discount.
How big is the studio and what is the price per square foot?
The studio measures 423.4 sq ft, about AED 1,677 per sq ft at the asking price.
When is handover?
The agent says handover is coming soon but gave no date. Confirm the handover date on the SPA and with Danube Properties.
Who is the developer of Elitz 3?
Elitz 3 is developed by Danube Properties in Jumeirah Village Circle, Dubai.
What should buyers verify before purchasing?
Confirm the original price on the SPA, amount paid, any remaining or post-handover payments, Danube transfer conditions, floor, view and furnishing.
Buyer costs
What you will pay
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
AED
| Sale price | — |
| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
—
Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Mortgage estimate
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
AED
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
—
Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
Read our full property verification methodology →
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