New homes in Elitz 2 start at AED 650,000; the keys were due Sep 2026; you pay 10% to book, 39% while it is built and 51% at the keys.
In the 24 months to Nov 9, 2026, Dubai Land Department recorded 30 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Elitz 2 By Danube. Their median price is AED 1,765 per sq ft (about AED 680,000 at 385 sq ft). This project's from price is AED 1,688 per sq ft (AED 650,000 for its smallest home, 385 sq ft), 4% less.
Keys
Sep 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 39 / 51
10% to book, 39% while it is built, 51% at the keys
Bedrooms
Studio to 3 beds
Sizes
385 to 1,495 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,688 per sq ft
Similar off-plan homes: AED 1,765 per sq ft
RERA project
2693
Check it in Dubai REST, the Dubai Land Department's official app.
Built
20%
Being built. DLD register, Nov 11, 2026
Escrow account
بنك ابوظبي الأول ش.م.ع
The bank that holds your payments
Registered homes
801
In 2 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 39% as the building goes up, and 51% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 65,000+ AED 26,000 DLD fee
AED 91,000
As it is builtWhile it is built · 39%
While it is built
39%
AED 253,500
AED 344,500
At the keys (Sep 2026)Keys · 51%
Keys
51%
AED 331,500
AED 676,000
Booking payment, 10%
AED 65,000
Dubai Land Department fee (Oqood), 4%
AED 26,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 91,000
Total costPrice plus the DLD fee
AED 676,000
The handover date (Sep 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 19 finished projects by this developer since 2016. 18 of the 19 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 15 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 30 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Elitz 2 By Danube, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Elitz 2 By Danube sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 30 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in Elitz 2 By Danube, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,765 per sq ft
AED 1,536 to AED 1,583 per sq ft
2 sales
AED 1,583 to AED 1,630 per sq ft
1 sale
AED 1,630 to AED 1,678 per sq ft
0 sales
AED 1,678 to AED 1,725 per sq ft
6 sales
This project's from price is in this band.
AED 1,725 to AED 1,772 per sq ft
8 sales
AED 1,772 to AED 1,819 per sq ft
5 sales
AED 1,819 to AED 1,867 per sq ft
6 sales
AED 1,867 to AED 1,914 per sq ft
2 sales
AED 1,536 per sq ftAED 1,914 per sq ft
This project AED 1,688 per sq ft
Half of the sales sold for AED 1,705 to AED 1,821 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,536 to AED 1,583 per sq ft
2
AED 1,583 to AED 1,630 per sq ft
1
AED 1,630 to AED 1,678 per sq ft
0
AED 1,678 to AED 1,725 per sq ft
6
AED 1,725 to AED 1,772 per sq ft
8
AED 1,772 to AED 1,819 per sq ft
5
AED 1,819 to AED 1,867 per sq ft
6
AED 1,867 to AED 1,914 per sq ft
2
The 3 closest sales
Picked from the 30 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 669,000AED 1,733 per sq ftElitz 2 By Danube - 1, 386 sq ft
Feb 2026AED 592,775AED 1,536 per sq ftElitz 2 By Danube - 2, 386 sq ft
Nov 2025AED 666,000AED 1,725 per sq ftElitz 2 By Danube - 1, 386 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 650,000 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
4% below 30 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.6%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (385 sq ft)
AED 7,315
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 650,000 = 8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Dubai Internet City Metro Station4.9 km, 16 min driveMetro station
JSS International School1.2 km, 19 min walkSchool
Nord Anglia International School2.3 km, 4 min driveBritish school
GEMS World Academy2 km, 4 min driveIB school
Circle Mall1.1 km, 18 min walkMall
American3.4 km, 7 min driveHospital
Dubai Internet City5.5 km, 18 min driveOffices
The Els Club, Dubai Sports City4.4 km, 10 min driveGolf
Elitz 2 is a Danube project in Jumeirah Village Circle with studios and one- to three-bedroom apartments from AED 650,000, and a listed handover of September 2026. That date has passed and may be out of date, so ask Danube for the completion certificate and the current handover date before you pay anything.
The listed handover of September 2026 has passed and may be out of date. Ask Danube whether the building has its completion certificate, when handover is now expected, and when the 39% construction payment falls due.
The from price is 4.3% below 30 similar studio sales in this project (24 months to November 2026), as registered with the Dubai Land Department.
The plan is 10% on booking, 39% during construction and 51% at handover. At the from price that is AED 65,000 on booking, AED 253,500 during construction and AED 331,500 at handover. Separately, the 4% DLD fee comes to AED 26,000; ask when it is due. Just over half of the price is tied to handover, so check when that payment will be called.
The listing gives sizes of 385 to 1,495 sq ft; the developer lists about 387 sq ft for a studio, 745 sq ft for one bedroom, 1,065 sq ft for two and 1,495 sq ft for three. The developer describes two towers with shops and commercial spaces as well as homes. Shared facilities include a pool and a kids' pool, a gym, covered parking and round-the-clock security, and homes have balconies.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
Studio
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales only.
Questions about this project
When is handover?
The listed handover was September 2026, which has passed, so the date may be out of date. Ask Danube for the completion certificate and the current handover date.
How does the price compare with other sales in this project?
The from price is 4.3% below 30 similar studio sales in this project (24 months to November 2026).
How much do I pay at each stage?
At the from price: AED 65,000 on booking, AED 253,500 during construction and AED 331,500 at handover. Separately, the 4% DLD fee comes to AED 26,000; ask when it is due.
Which layouts can I pick from?
Studios of about 387 sq ft and one-, two- and three-bedroom apartments of up to 1,495 sq ft.
Can foreigners buy here?
Yes. Elitz 2 is listed as freehold, so foreign buyers can own outright.
How far are schools and the metro?
JSS International School is about 1.2 km away and GEMS World Academy about 2.0 km. Dubai Internet City Metro Station is about 4.9 km away, about 16 minutes by car.
