Danube Properties, the UAE's fastest-growing private developer, has announced the launch of Elitz 2 in Jumeirah Village Circle (JVC), with a development value of more than Dh900 million. It was launched in the presence of His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and Bollywood star Malaika Arora.
What Elitz 2 Offers
Close to the Elitz 1 tower, now under construction, the project responds to growing demand for quality homes in prime locations.
| Feature | Detail |
|---|---|
| Homes | 750 studios and 1-, 2- and 3-bedroom apartments, plus a few shops |
| Completion | Q3 2026 |
| Starting price | Dh650,000 (US$177,111) for a studio apartment |
| Amenities | More than 40, including a health club, pools, sports arena, tennis court, barbecue area and jogging track |
| Payment plan | 1% monthly after the initial deposit |
Prices are expected to appreciate over time. Homes are usually handed over about halfway through the payment plan, so buyers can move in after paying 60% of the price and save on rent or pay their instalments (EMI) from rental income.
One Launch Every Two Months
Elitz 2 is Danube's 23rd residential project in nine years and the eighth in a row in 16 months, about one every two months, making it the busiest private developer in the UAE. Danube launches one project at a time, sells it out and appoints a contractor before the next launch. It has sold out 22 of its 23 projects and delivered 12, and will deliver Wavez, Jewelz and Olivz this year. Most projects launched in 2022 and 2023 are ahead of schedule.
What Rizwan Sajan Said
"The launch of Elitz 2 is in response to the continued high demand for quality homes and comes within less than two months of launching of Fashionz project which is nearly sold out," said Rizwan Sajan, Founder and Chairman of Danube Group.
"Elitz 2 is one of our large projects in terms of the number of residential units – 750 to be specific – that is to cater to the growing demand. With more than 40 lifestyle facilities homes in Elitz 2 offer luxury and larger-than-life lifestyle to homeowners who will be pampered with the best of the best that is available in the market.
"The launch of Elitz 2 comes within a week after we completed Wavez and breaking grounds for the construction of Viewz – one of our largest projects – with sales value exceeding Dh2.05 billion that was unveiled in January and sold out within two weeks. This marks the construction of Viewz while the last project Fashionz will go into groundbreaking process in the next few weeks."
"As a developer, we have a very customer-centric approach and that's why we are focused on delivery. Most of our projects are handed over before promised delivery date – that reflects our strong commitment to home buyers and investors in line with our slogan – We launch, we deliver."
Green, Smart and Visa-Ready
Elitz 2 homes will be smart and energy-efficient, in line with the UAE's sustainability commitment, and the building will meet green building standards. Danube offers a 10-year Golden Visa to homeowners who meet the investment criteria, subject to government approval, and can now issue buyers an Initial Sale Contract (Oqood) almost instantly under an agreement with the Dubai Land Department.
Danube Group has recently delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz and Wavez, and is preparing to deliver three more projects this year.
