Damac Elegance Tower

  • Starting AED 1,790,000

Overview

  • Apartment, Residential
    Property Type
  • 1-2 Bed
    Bedrooms
  • As per property configuration
    Bathrooms
  • As per property configuration
    Garages
  • 740 –1,440
    Area Size

Description

🏙️ DAMAC Elegance Tower is a luxury residential development in the heart of Downtown Dubai by DAMAC Properties, offering meticulously designed 1- and 2-bedroom apartments with interiors by renowned fashion designer Zuhair Murad. Located just minutes from Burj Khalifa and Dubai Mall, the tower promises panoramic skyline views, world-class amenities, and an attractive 20/60/20 payment plan. With handover expected in Q1 2026 and eligibility for investor visas, Elegance Tower presents both a lifestyle upgrade and a high-return investment opportunity.


🏙️ Project Overview

FeatureDetails
DeveloperDAMAC Properties
LocationDowntown Dubai – heart of the Burj Khalifa / Dubai Mall district
Tower Height25–26 storeys
Unit Types1–2 bedroom apartments, size ranges from ~740 to 1,440 sq ft
Price RangeStarting from approximately AED 1.79 M (~USD 490K)
Handover DateScheduled for Q1 2026 (around March 2026)
Payment Plan20% on booking → 60% during construction → 20% on handover

✨ Design & Amenities

  • Designer Interiors: Branded by fashion icon Zuhair Murad, featuring signature luxurious touches
  • Iconic Views: Panoramic vistas of Burj Khalifa, Dubai Canal, Za’abeel Park, and Downtown skyline

On-site Facilities:

  • 🏊 Infinity-style podium pool
  • 🏋️ Fully equipped gym & fitness centre
  • 🛋️ Elegantly styled lobby & recreation zones
  • 🎉 Recreation areas (e.g., BBQ, landscaped gardens, kids’ playground, yoga studio)
  • 🛡️ 24/7 security & CCTV, covered parking, elevator and spa/conference facilities

📍 Location Highlights

  • Prime Downtown access: Walking distance to Dubai Mall, Dubai Opera, Burj Khalifa & Dubai Fountain
  • Transport links: Near Sheikh Zayed Road, buses (50, F13, X22), and ~8 mins to Burj Khalifa/Dubai Mall Metro Station
  • Nearby essentials:
    • Dining & retail: Downtown Kitchens, CZN Burak, Beirut Khanum, & more within 8 minutes
    • Supermarkets: Choithrams, Carrefour Market and Al Maya within walking distance

💰 Investment & Lifestyle Appeal

  • Rental demand: High yield potential—Downtown 1BR rentals start from AED 80K/year (~6.9% gross yield) with short‑term rates up to AED 8.5K/month
  • Visa-linked investment:
    • AED 750K investment → 3‑year investor visa
    • AED 2M+ → possible 10‑year Golden Visa at project completion
  • Developer reputation: DAMAC is known for large‑scale luxury developments—but some buyers worldwide have reported handover delays and quality issues

📌 Quick Snapshot

IconInfo
🏢25–26 floors, Downtown Dubai
🛌1–2 BR units, 740–1,440 sq ft
💰From AED 1.79 M
📆Handover Q1 2026
💳20/60/20 payment schedule
🌟Designer by Zuhair Murad”, luxury finishes
🌆Breathtaking views of Burj Khalifa, canal, park
🏊Infinity pool, gym, rec zones, spa, parking, security
🚍Excellent connectivity – metro, bus & road networks
📈Strong ROI & visa options – 6–10% rental yield, golden visa eligibility

Details

Updated on December 11, 2025 at 7:21 am
  • Price Starting AED 1,790,000
  • Property Size 740 –1,440 sqft
  • Bedrooms 1-2 Bed
  • Rooms As per property configuration
  • Bathrooms As per property configuration
  • Garages As per property configuration
  • Garage Size As per property configuration
  • Property Type Apartment, Residential
  • Property Status Off Plan
  • Developer Damac

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