Project Overview
Elegance Tower is a luxury project by Damac, a 25-storey luxury tower located in the heart of Dubai's prestigious Downtown Dubai business district. The development offers 1-2 bedroom apartments with branded designs. The interiors are made of the highest quality materials using white and gold colours. The exterior of the buildings also feature unique architecture with original balconies and bright gold facades. The residences offer views of Burj Khalifa and Zabeel Park. Elegance Tower residents have access to a variety of amenities including a swimming pool with a bar and panoramic views of the city, a solarium, a cosy green garden, playgrounds for children and a gym with modern sports equipment. There is also 24-hour security and video surveillance on site. Located in the Downtown area, the complex offers residents convenient access to all the main attractions of the city. The Dubai Fountain, Dubai Opera, Dubai Mall and Burj Khalifa are within walking distance. The popular coastal area of Dubai Marina and Dubai International Airport are within a 20-25 minute radius, while Al Maktoum International Airport is approximately 40 minutes away. Elegance Tower is the epitome of luxury and elegance, offering residents an amazing premium lifestyle in the heart of a vibrant metropolis.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Official Documents
Download official marketing materials from Damac Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
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Developer and Project Facts
DAMAC «Elegance Tower» by Damac Properties
Located in Downtown Dubai
Starting from AED 2,149,000
Unit mix includes 1 BR, Apartments
Expected handover: Mar 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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