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179 828 €
179 828 €
| Sale price | 179 828 € |
| Price per square meter | 6 422.42 € |
| Floor area | 28 m² |
| Total number of rooms | 1 |
| Number of bedrooms | 1 |
| Number of bathrooms | 1 |
| Construction phase | Off-plan |
| Facility completion deadline | 2026 4К |
| Address | UAE, Dubai, Jumeirah Village Circle |
| Type | Single-room Apartment |
Elitz 2 is a premium mixed-use project from Danube Properties in the developed Jumeirah Village Circle. This is the second phase of the best-selling Elitz complex. The project consists of two buildings of 45 and 39 floors, which feature studios and apartments with 1-3 bedrooms. You can also buy commercial premises here.
The residences will have balconies overlooking the Jumeirah Village Circle parks. In some properties there is an office and/or maid's room.
Elitz 2 will feature more than 40 amenities, including an upscale café, business center, barbecue area, cigar lounge, library, bungalows, recreational area and family fun areas. Fitness lovers will appreciate the swimming pool, health club, treadmill, water, indoor and outdoor gyms. You can also play mini golf, table tennis, chess, badminton, etc.
In August 2023, the developer released Elitz 3. The third phase of the project includes 2 buildings of 47 and 41 floors. Like Elitz 2, there are studios and 1-3 bedroom apartments. The area of the property varies from 28 sq. m up to 111 sq. m.
Location
Elitz 2, 3 is located next to one of the main highways of the emirate, Al Khail Road. There is a JVC bus stop, Manhattan Tower, not far from the complex. Dubai International Airport, Dubai Marina and Downtown Dubai are all a 25-minute drive away.
There are many social infrastructure facilities nearby, including:
Choithrams Manhattan Tower JVC;
LIFE Pharmacy - Al Barsha South Fourth;
JSS International School;
Right Health Karama Medical Center;
Circle Mall.
Economic attractiveness
Construction of the complex should be completed in the third quarter of 2026. The first phase of Elitz was completely sold out on the first day of its launch. This indicates investor confidence in the quality of real estate from the developer and high profitability potential.
The residence in Elitz 2 can be used not only for your own residence, but also to make a profit from renting it out. As of June 2023, the minimum annual rental cost for a one-bedroom apartment in Jumeirah Village Circle is AED 40 thousand (USD 11 thousand), and the average profitability is 7.7%.
Completion of Elitz 3 is scheduled for the fourth quarter of 2026. The developer offers a guaranteed ROI of 6% for three years.
If your investment in Elitz 2 and 3 is at least AED 750 thousand (USD 204 thousand), you can get a 2-year visa. Real estate worth AED 2 million (USD 545 thousand) will allow you to obtain a 10-year Golden Visa.
