Home » today » News » Danube Properties Launches Elitez 3 Project in Jumeirah Village Circle

Danube Properties Launches Elitez 3 Project in Jumeirah Village Circle

6/8/2023 7:24:55 PM (MENAFN-Al-Bayan)

Danube Properties, the fastest private real estate development company in the UAE, announced the launch of the “Elitez 3” project in Jumeirah Village Circle, with a value exceeding 800 million dirhams, and is scheduled to be completed by the fourth quarter of 2026.

The project is located in the same area as the Elitz and Elitz 2 towers – which are being built in Jumeirah Village Circle – which will contribute to meeting the growing demand for luxury homes. exceeding 10 billion dirhams so far.

The project consists of two towers comprising 40 floors for the first tower and 46 floors for the second tower, and it will include 750 residential units, including studio apartments, one-bedroom apartments, two-bedroom apartments, and three-bedroom apartments, in addition to some commercial stores. Like most other Danube projects, homes in Elite 3 come with more than 40 facilities including a health club, swimming pools, sports area, tennis court, barbecue area, jogging track and more.

Rizwan Sajan, founder and chairman of Danube Group, said: “The real estate market in Dubai continues to challenge the lethargy that the global economy suffers from thanks to its vitality and attractiveness, and we are witnessing sustainable growth whose effects will be reflected in the near future, which reinforces our firm belief in the strength of this market, which encouraged us to launch the project after Just one month from the launch of the Elitz 2 project.

The launch of the Elite 3 project comes after the real estate market in Dubai witnessed an unprecedented increase in the number of transactions, as it recorded 60,440 transactions with a value of 177.3 billion dirhams in the first half of the year.

MENAFN06082023000110011019ID1106794886

Legal Disclaimer: The Middle East and North Africa Financial Services Network provides information “as is” without any representations or warranties…whether express or implied. This is a disclaimer of our responsibility for the privacy practices or the content of the sites attached within Our network including photos and videos. For any inquiries regarding the use and reuse of this information resource please contact the above mentioned article provider.

2023-08-06 23:24:55
#launch #Elitez #million #dirhams #Jumeirah #Village #Circle

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.