Elegance Tower from 1,790,000 AED
Elegance Tower: An Exclusive Offering by DAMAC Properties
Introduction
Elegance Tower, 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's strategic position provides residents with an unrivaled living experience, with gourmet restaurants, rooftop bars, major fashion brands, and famous attractions right on their doorstep.
Location Advantage
Because of its perfect location in Downtown Dubai, Elegance Tower 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, 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 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 a standout development:
-Elegantly styled lobby
-Designer interiors
-Podium level pool
-Recreation zone
-Live DJ music
-Waterborne catwalks
Elegance Tower 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.
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
1 Bed
0-0
sqftfrom
1,789,000 AED
2 Beds
0-0
sqftfrom
2,395,000 AED
available in this project.
Amenities
- • Gymnasium
- • Health Club
- • Restaurants
- • Private Gym
- • Shared Pool
- • Shared Spa
- • Security
- • Concierge
- • Covered Parking
- • Central A/C
Sold history for Elegance Tower
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 1 bed apartment | 2,024,000 | 768 | 15 May 2024 |
| 2 bed apartment | 2,680,000 | 1,215 | 26 Sep 2023 |
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.| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 2 bed apartment | 6 % | 133,370 |
| 3 bed apartment | 6 % | 169,982 |
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.
