Elegance Tower by DAMAC Properties

In the newest project Elegance Tower by DAMAC Properties, luxurious apartments with 1-2 bedrooms and first-class amenities are offered in the heart of Dubai, just steps away from the iconic The Dubai Mall, Burj Khalifa and singing fountains.

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$ 487 000
Price
Q4 2026
Completion
80/20
Payment plan
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About the Project

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a new luxury tower

Elegance Tower

Elegance Tower is a new luxury tower from DAMAC Properties, which will be the latest addition to the iconic Downtown Dubai area. The project, launching in November 2022, will include designer premium-class apartments with 1 and 2 bedrooms and balconies ranging in size from 69 sq. m to 107 sq. m. The interior of the premises was developed by Lebanese designer Zuhair Murad - a landmark figure in the world of high fashion, each of whose creations is recognized as a true masterpiece of art and embodies luxury and sophistication. The residences in Elegance Tower will offer breathtaking views of Burj Khalifa and Zabeel Park.

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Key advantages

Thanks to its spectacular design, including original balconies and shimmering golden facades, this elegant tower will become another landmark of Downtown Dubai. The building will consist of 25 floors and a 5-level podium.Residents of the complex will have access to premium-class amenities, including a huge pool with tropical islands on the podium roof.

  • pool
  • live music
  • relaxation areas
  • elegant lobby
  • water podiums
  • learn more

There are relaxation areas nearby and the opportunity to listen to live music from a DJ. The complex impresses with a luxurious exclusive lobby and comfortable water podiums.

The starting price for 1-bedroom apartments in Elegance Tower is AED 1.8 million (USD 487,000). It is also possible to purchase an entire floor with an area of 1,060 sq. m, with an estimated cost of AED 27 million (USD 7.35 million).

Infrastructure

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The Elegance Tower skyscraper is strategically located in the most prestigious part of Downtown Dubai, within walking distance of world-famous landmarks, five-star hotels, boutiques, various entertainment venues, socially significant facilities, and public transport stops. Within a radius of 5-15 minutes' walk from the Elegance Tower, there are many infrastructure facilities:

  • 5-star hotels The Dubai EDITION, Address Downtown, and Hotel Indigo Dubai Downtown, an IHG Hotel;
  • bus stops Dubai Fountain Street 1, Dubai Fountain Street 2;
  • Mashreq Bank Global HQ office;
  • supermarkets Choithrams RP Heights, Sahar Al Fajar Supermarket, Carrefour Market, Grandiose Supermarket – The Address Downtown, New way grocery;
  • cafes and restaurants CZN Burak Dubai, Pita Greek, Geminos cafe, Azul Bar & Lounge, Karamna Alkhaleej Restaurant & Gahwa, and others.

The nearest medical and educational institutions, including the Zabeel Health Center, Amana Healthcare, and Emirates Hospital Clinics - Business Bay, as well as Blossom Downtown Nursery Dubai, Hummingbird Nursery Bay Square, Jumeirah International Nursery, Blossom Business Bay Nursery, and Learning Tree Nursery are all within a 10-minute drive from the building.

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Floor plans

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Location

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5-10 minutes

Dubai Mall, Burj Khalifa, Dubai Opera

15-30 minutes

DIFC, Museum of the Future, Jumeirah Beach, Dubai International Airport

Within a 10-minute walk from the building is the world's largest shopping and entertainment complex, The Dubai Mall, with over 1,200 shopping and 200 dining options. It also features one of the largest aquariums in the world, the Dubai Aquarium & Underwater Zoo, the first VR Park in the Middle East, EKart Zabeel electric karting, Dubai Ice Rink Olympic ice skating rink, KidZania children's center, and other entertainment venues.

Residents of the new tower can walk to the world's tallest skyscraper, Burj Khalifa, the singing fountains, and Dubai Opera in 20-25 minutes, and the Burj Khalifa/Dubai Mall Metro Station is a half-hour walk away.

Within a 15-20 minute drive are the Dubai International Financial Centre, the Museum of The Future, the most popular public beaches in the emirate, Jumeirah Beach and Kite Beach, Palm Jumeirah, Burj Al Arab, and Dubai International Airport (DXB).

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project advantages

Economic Attractiveness

Thanks to its location in the heart of Dubai, surrounded by iconic landmarks, entertainment venues, social facilities, and public transport stops, as well as exceptional amenities within the Elegance Tower complex, it will become one of the most desirable places to live in the emirate. Spacious apartments in the new tower are perfect for working professionals and young couples who want to live in the epicenter of a dynamic metropolis. Families with children will appreciate the proximity to educational institutions and the famous The Dubai Mall, offering a wide range of leisure options for visitors of all ages.

Since Downtown Dubai is a tourist center of the emirate, investing in Elegance Tower property will be an excellent choice for investors who expect high rental income. According to Property Finder research, the ROI for 1-bedroom apartments in Downtown Dubai exceeds 6.9%. Renting out the property for short-term stays to tourists will allow for even higher passive income.

Currently, at the project launch stage, apartments or entire floors in Elegance Tower can be purchased on a convenient payment plan from the developer. For more detailed information about the payment scheme, please contact Metropolitan Premium Properties agents.

UAE residency visa

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After the completion of Elegance Tower construction, foreign investors will be able to obtain a 3-year renewable UAE residency visa for themselves and family members. And purchasing property worth AED 2,000,000 (USD 545,000) or more entitles to a 10-year Golden Visa.

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Consultation with an expert

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
Metropolitan Expert
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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