UAE’s Fastest-Growing Developer Continues to Elevate Dubai’s Real Estate Landscape
Dubai, UAE – In an exciting development that underscores its commitment to redefining the city’s real estate landscape.
Danube Projects has officially launched its groundbreaking project, Elitz 3, in the vibrant community of Jumeirah Village Circle (JVC). With a development value exceeding Dh 800 million, Elitz 3 marks another milestone for the UAE’s fastest-growing private real estate developer.
Situated in the heart of JVC, Elitz 3 stands as a testament to Danube Projects’Â dedication to providing quality homes that meet the growing demand in Dubai’s dynamic real estate market. The project will coexist alongside the ongoing construction of Elitz and Elitz 2 towers in the same area, offering a comprehensive range of residential choices for discerning homebuyers.
Scheduled for completion in the fourth quarter of 2026, Elitz 3 comprises twin towers, soaring 40 and 46 floors high, encompassing a total of 750 residential units. These units include studio apartments, 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as select retail spaces. As with all Danube projects, Elitz 3 promises an array of more than 40 community, health, and lifestyle amenities, including a health club, swimming pools, sports arenas, a tennis court, barbecue areas, and jogging tracks, among other facilities.
Elitz 3 represents the 24th residential project by Danube Projects and marks the 9th project launched in the last 18 months alone. This rapid pace of development showcases Danube’s dedication to setting new benchmarks and redefining industry norms in Dubai’s real estate sector.
Rizwan Sajan, Founder, and Chairman of Danube Group, emphasized the company’s unwavering belief in Dubai’s real estate market, citing its resilience and attraction to global investors. Sajan stated,
“Dubai’s real estate market continues to defy global economic slowdown due to its dynamism and attractiveness, and we see sustained growth soon, which reinforces our firm belief in the market. This is what has encouraged us to launch Elitz 3 within just a month after launching Elitz 2 at the Jumeirah Village Circle (JVC).”
Accessibility and Affordability Redefined
Danube Projects’ commitment to affordability and accessibility remains evident, with residential unit prices starting from AED 699,000 (US$190,305) for a studio apartment. The company’s innovative payment plan, featuring a trend-setting 1 percent monthly payment plan following initial deposits, further enhances the accessibility of these homes.
With Elitz 3, Danube Projects’ project portfolio encompasses a remarkable 11,529 units across 24 projects, boasting a combined development value that has exceeded AED 10 billion. As the developer continues to shape Dubai’s skyline with its visionary projects, the city’s real estate sector stands poised for continued growth and innovation.
