Off-plan
Sales Started: 2 Oct 2022

Elegance Tower By Damac

Launch price 2.1M AED*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Key information

  • Delivery date

    March 2026

  • Sale starts

    October 2, 2022

  • Location
  • Payment plan
  • Number of buildings
  • Property types

    Apartment

  • Government fee

    4%

Payment plan

  • 20%

    Down payment

    At sales launch

  • 60%

    During construction

  • 20%

    On handover

  • Project timeline

    • Project announcement

    • Booking Started

    • Construction Started

    • Expected Completion

    Units

    from developer

    apartment

    Layout typeSize (sqft)Floor plan
    Type C
    Type A
    Type D
    Type E
    Type F
    Type B
    Out of stock
    Layout typeSize (sqft)Floor plan
    Type A2
    Type A3
    Type A
    Type A1
    Type B
    Type A6
    Type A5
    Type A4
    Type C
    Out of stock

    available in this project.

    About the project

    Elegance Tower By Damac, a DAMAC Properties tower, looms tall on the lively Sheikh Zayed Road in the heart of Downtown Dubai. This historic project embodies the pinnacle of luxury and convenience, with modern architecture, cutting-edge infrastructure, and a thriving, premium neighborhood. Elegance Tower By Damac strategic position provides residents with an unrivaled living experience, with gourmet restaurants,

    rooftop bars, major fashion brands, and famous attractions right on their doorstep.


    Elegance Tower By Damac's Location Advantage


    Because of its perfect location in Downtown Dubai, Elegance Tower By Damac residents enjoy the advantage of living in the city's most dynamic district. The apartments are a few minutes' walk from various attractions, including the world-famous Burj Khalifa, the Dubai Fountain, and the vast Dubai Mall. Furthermore, the project's location ensures quick access to different parts of the city, reducing the stress of commutes. Residents are never more than a short distance from their destination, whether for work or pleasure.


    Project Overview


    Elegance Tower By Damac , a new jewel brought to Downtown Dubai by DAMAC Properties, has a distinctive design and cutting-edge infrastructure. The Tower boasts an unparalleled perspective of the Dubai skyline, giving it an unrivaled location in the city's core. High-end luxury combined with hundreds of accessible services ensures a lifestyle that exceeds expectations. The project is presently under development, with a projected completion date of Q1-2026.


    Housing Options


    The Elegance Tower By Damac provides a variety of elegant living alternatives to accommodate a variety of lifestyles. Residents may select between one and two-bedroom apartments, each carefully designed to provide a world-class living experience. According to the project specifics, properties in Elegance Tower start at 1 bedroom and go up to 2 bedrooms. These apartments have a starting price of AED 1,790,000.


    Key Features and Amenities


    The following lists some of the key features and amenities that make Elegance Tower By Damac a standout development:


    • Elegantly styled lobby
    • Designer interiors 
    • Podium level pool
    • Recreation zone 
    • Live DJ music
    • Waterborne catwalks


    Elegance Tower By Damac is a one-of-a-kind investment opportunity. Its strategic position, along with the renown of DAMAC Properties, makes it an outstanding addition to the Dubai real estate market. Its world-class amenities and lavish lifestyle make it a potential homeowner's and investor's dream come true.

    Location

    Map preview
    Community Image
    Community Insights
    Elegance Tower

    Price Range:

    2M-3.5M AED

    Amenities

    • Health Club
    • Gymnasium
    • Restaurants
    • Private Gym
    • Shared Pool
    • Shared Spa
    • Security
    • Concierge
    • Covered Parking
    • Central A/C

    Sold history for Elegance Tower

    TypeAEDArea (sqft)Date sold
    1 bed apartment2,011,00075513 Nov 2024
    2 bed apartment2,612,2101,15331 Dec 2024

    We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

    Estimated rent you could get

    This rental estimate is calculated based on the current ROI of Downtown Dubai. The estimated rental price represents the ROI percentage of the average sale price.
    TypeRental YieldEstimated rent (AED/year)
    2 bed apartment6 %137,354
    3 bed apartment6 %170,304

    We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

    Authorised agencies

    Dmaxx Properties Broker Image

    Dmaxx Properties

    Company profile
    Fajar Realty Broker Image

    Fajar Realty

    Company profile

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    Frequently asked questions

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