Elegance Tower — image 1
Off-plan project

Elegance Tower By Damac

by Damac Properties

Downtown Dubai

View gallery
Starting price
AED 1,790,000
Handover
December 2026
Payment Plan
80/20
Developer
Damac Properties
Status
Off-plan
About the project

Elegance Tower By Damac

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.

Floor plans

Floor plans & unit types

TypeBedsSize
Apartment1—
Apartment2—
Amenities

Amenities & Features

  • Gym
  • Shared Pool
  • Security
  • Concierge
  • Covered Parking
  • Central A/C
  • Kitchen Appliances
  • Pets Allowed
  • Built-in Wardrobes
  • Balcony
  • Private Pool

Location

Exceptional connectivity in Downtown Dubai

Dubai’s prestige address: yields are compressed by the entry price, but Burj Khalifa/Dubai Mall frontage keeps occupancy and resale liquidity among the deepest in the city. Service charges are at the top of the market — the Burj itself prints around AED 68/sqft — so model the net, not the gross.

  • 5 min—Downtown Dubai
  • 10 min—Dubai Creek Harbour
  • 15 min—Dubai International Airport (DXB)
  • 15 min—Dubai Hills Mall
  • 15 min—Mall of the Emirates

Approximate drive times, estimated from the project’s location.

Payment plan

Payment plan

Spread the cost across the build — pay in stages up to handover.

80/20

paid during construction / on and after handover

  1. 20%

    On Booking

  2. 60%

    During Construction

  3. 20%

    at Completion

Expected completion: December 2026

Video

Project video

Begin your property journey with us

Speak to an off-plan specialist about this project — no obligation.

  • Unit availability and launch pricing
  • Payment plan and handover guidance
  • Golden Visa eligibility advice

Book a viewing

Golden Visa Checker

10-year residency eligibility

✦

Add AED 210,000 to reach the AED 2,000,000 threshold.

AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.

Rental Yield Calculator

Gross & net return on investment

Gross yield

5.6%

Net yield

4.1%

Net of service charge (AED 12,000/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 77,000/yr.

Starting price

AED 1,790,000

Enquire