Elegance Tower is an upscale residential development by Damac Properties, featuring stylish 1- and 2-bedroom apartments in the heart of Downtown Dubai. This luxurious project offers residents an elevated lifestyle, highlighted by premium amenities and spectacular skyline views. Designed to enhance urban living with modern aesthetics, Elegance Tower provides a sophisticated residence for those seeking convenience and style.
Overview of Elegance Tower by Damac Properties at Downtown Dubai
Elegance Tower is ideally located in Downtown Dubai, placing residents within minutes of major landmarks. With quick access to the Burj Khalifa, Dubai Mall, and Dubai Opera, the tower connects residents to the city’s vibrant cultural and shopping scene. Additionally, it’s strategically positioned near major business hubs and entertainment venues, making it a highly desirable residence in one of Dubai’s most sought-after areas.
Key Highlights of Elegance Tower by Damac Properties
Exclusive 1- and 2-bedroom luxury apartments
Prime location in Downtown Dubai with access to Burj Khalifa
Contemporary design with premium finishes and extensive services
Proximity to landmarks, business hubs, and lifestyle destinations
Flexible payment plan with 80% during construction and 20% on handover
Reason To Invest in Elegance Tower By Damac Properties At Downtown Dubai
Elegance Tower by Damac Properties offers a unique opportunity to invest in luxury real estate in the heart of Downtown Dubai. With its prime location, world-class amenities, and cutting-edge design, it promises exceptional returns. The tower blends modern sophistication with unparalleled convenience, making it a highly attractive investment option.
Prime Location
Downtown Dubai offers unparalleled access to the city’s premier attractions, increasing the property’s value and appeal.
Luxurious Living
With high-end finishes and cutting-edge design, Elegance Tower provides a refined lifestyle for discerning buyers.
Integrated Amenities
From health and fitness to entertainment, the range of amenities enriches residents' daily lives.
Flexible Payment Plans
The 80/20 payment structure simplifies investment, enabling manageable payments over the construction period.
Damac Developer
Damac Properties is a leading luxury real estate developer based in Dubai, UAE. Founded in 2002 by Hussain Sajwani, the company has played a significant role in shaping the city’s iconic skyline with high-end residential, commercial, and leisure properties. Known for its opulent designs and world-class amenities, Damac collaborates with prestigious brands like Versace, Cavalli, and de GRISOGONO to create exclusive living experiences.
With a strong presence in the UAE and expanding into international markets, Damac has delivered thousands of properties, including luxury apartments, villas, and branded residences. Some of its most notable developments include DAMAC Hills, DAMAC Lagoons, and Aykon City. The company is also involved in hospitality and retail ventures, ensuring a diverse portfolio.
Damac remains a key player in the luxury real estate sector, consistently setting new benchmarks for quality, innovation, and excellence in property development.
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The starting price for apartments in Elegance Tower varies depending on the unit size and layout. Typically, prices start from approximately AED 1.5 million for smaller units and can go higher for larger, luxury residences. For accurate pricing, contact Damac Properties or authorized agents.
Elegance Tower offers a prime location in Downtown Dubai, known for high rental demand and long-term value appreciation. Investors benefit from luxury amenities, cutting-edge design, and proximity to landmarks like the Burj Khalifa, Dubai Mall, and Dubai Opera, which enhances both lifestyle and investment potential.
Yes, Damac Properties typically offers flexible payment plans for Elegance Tower, including post-handover payment options. Buyers can inquire with Damac or their agents about specific plans tailored to their purchasing needs.
Given its central location in Downtown Dubai and high demand for premium properties, investors can expect strong rental yields ranging from 5-7% annually. The property’s luxury status and proximity to Dubai's key attractions also support long-term capital appreciation.
Elegance Tower is located in one of the most sought-after areas of Dubai—Downtown Dubai. This central location offers residents unparalleled access to high-end retail, dining, entertainment, and business hubs. Its proximity to major landmarks ensures strong demand, making it an attractive asset for investors seeking consistent returns.
Maintenance fees for units in Elegance Tower depend on the size and type of the apartment. Typically, luxury developments like this have maintenance costs ranging from AED 10-15 per square foot per year. Buyers should confirm the exact fees with Damac Properties for their specific unit.