The unique complex of Elegance Tower is a new residential centrepiece with premium designer apartments in the heart of the emirate – Downtown Dubai. The luxurious project by DAMAC Properties, offers freehold branded residences with 1 and 2 bedrooms, as well as easy access to key areas and attractions of Dubai.

Elegance Tower by DAMAC Properties

Enjoy a prestigious lifestyle in Downtown Dubai

Post-Handover payment plan
VIP Booking
Easy 80/20
Pre-Launch
AED 1,790,000 Starting Price
Elegance Tower is a newly launched project by DAMAC Properties, which is one of the leading development companies in Dubai and the Middle East region.

The exclusive residential tower will include a 5-level podium and 25 floors. There will be about 12 luxurious apartments on each level of Elegance Tower. Properties in the stunning development are presented by 1 and 2-bedroom exclusive residences with living areas ranging from 742 sq. ft to 1,153 sq. ft.

Units will be branded by the Lebanese high-fashion designer Zuhair Murad, who specialises in couture, bridal, high-end ready-to-wear pieces and accessories. The residential tower will be distinguished by its spectacular design, with original balconies and shining golden facades. Several residences with 2 bedrooms will feature an amazing view of the Burj Khalifa and the rear units will have a Zabeel Park view.

The main amenity in the luxurious project is a huge swimming pool on the podium’s roof.

About the project

Elegance Tower
Centre & Gym
Fitness
Residences
Furnished
Pools
Infinity

Life in Downtown Dubai

Elegance Tower has an advantageous location in the most prestigious part of Dubai’s central district – Downtown Dubai. Residents of the luxurious complex will enjoy close proximity to some of the world’s best known landmarks such as The Dubai Fountain, Dubai Opera, the largest mall in the world; The Dubai Mall, as well as the tallest building in the world, the Burj Khalifa.

The residential tower will be surrounded by 5-star hotels, world-class restaurants, retail stores and plenty of attractions. The Dubai Mall, which can be reached within a 10-minute walk, is a home to 1,200 retail outlets and 200 restaurants. Here visitors can enjoy a VR Park, Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, EKart Zabeel, KidZania and much more.

Within a 10-15 minute walk from Elegance Tower, there are 5-star hotels such as Hotel Indigo Dubai Downtown, The Dubai EDITION and Address Downtown. The closest restaurants comprise Geminos cafe, CZN Burak Dubai and Pita Greek, just to name a few.

The luxurious project of Elegance Tower is distinguished by its strategic location near one of the main highways of Dubai called the Sheikh Zayed Road, which provides easy access to other parts of the emirate. Neighbouring districts of the development include Za’abeel 2, Al Wasl, Dubai Design District and the main business hub in Dubai – Business Bay.
to DWC Airport
40 Minutes
to DXB Airport
20 Minutes
to Dubai Marina
25 Minutes
to The Dubai Mall
5 Minutes

Payment plan

20%
20%
60%
On Booking
On Construction
ON Handover
The starting price for real estate in the stunning Elegance Tower constitutes AED 1.79M (USD 487K) and the price per sq. ft ranges from AED 2.2K to AED 2.4K. The cost of a full floor with an area of 11,410 sq. ft in the residential complex is around AED 27M (USD 7.3M). The real estate in the development is freehold which means both local and international investors can purchase a residence here.

Property Prices

Economic Appeal

Elegance Tower offers exceptional living in the central district of Dubai with fast access to the most famous landmarks in the emirate. Residents of the luxurious complex which will house branded and spacious residences, will enjoy exclusive designs by Lebanese fashion designer Zuhair Murad, stunning views of the Burj Khalifa and Zabeel Park, as well as various premium amenities including a huge swimming pool on the podium’s roof.

Branded apartments in Elegance Tower are ideally suited for young couples and business professionals due to the strategic location near Business Bay and its modern layouts. Real estate in the residential complex is also a profitable investment, which will bring an estimated ROI of 6-7%. The starting rental price for a 1-bedroom apartment in Downtown Dubai constitutes AED 83,000 (USD 22,600) per annum.

The developer offers investors a 3.5 year flexible payment plan: 80/20 upon completion. Applications will begin on Monday 7th November, and property reservations will be available from 10th November.
By purchasing a luxurious real estate in Elegance Tower by DAMAC, owners also will be eligible to apply for a 3-year investor visa or a 10-year UAE Golden Visa
10-year UAE Golden Visa
The starting rental price for a 1-bedroom apartment
AED 83,000 (USD 22,600)

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