The project to have smart and sustainable homes with prices starting at Dh 650,000
June 26, 2023 | Staff Reporter | USA | Real Estate
Real estate firm Danube Properties, a unit of Danube Group, has announced the launch of its residential project Elitz 2 at the Jumeirah Village Circle (JVC) in Dubai with a development value over Dh900 million. The 750 units will be a mix of studio, 1-bedroom, 2-bedroom and 3-bedroom apartments, with prices starting at Dh 650,000.
The launch was attended by UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi and Bollywood actor Malaika Arora. The company said that the project will have smart and sustainable homes that consume less energy and comply with green building standards that are in line with the UAE’s commitment to sustainability.
Rizwan Sajan, Founder and Chairman of Danube Group, 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. 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 lifestyles to homeowners, who will be pampered with the best of the best that is available in the market.”
Elitz 2 is the 23rd residential project by Danube Properties in the past nine years since the company started development activities in 2014 and the eighth project in a row to be launched in the last 16 months, which translates to one project every two months. Elitz 2 will be near Elitz 1 tower, which is currently under construction.