Apartments · Downtown Dubai
Elegance Tower
by Damac Properties · Downtown Dubai
At Damac Elegance Tower, you will find stylishly designed 1 & 2-bedroom apartments located in Downtown Dubai. Exclusively branded by Zuhair Murad, these apartments provide one of the most sought-after addresses in Dubai. Here, you will enjoy breathtaking views of…
Listed 21 Mar 2025
Off-plan- Starting price
- AED 1,790,000
- Payment plan
- 20/60
- Handover
- 2026
- Bedrooms
- 1, 2
- Property type
- Apartments
Source: developer listing, last verified .
DLD verification pendingOverview
About Elegance Tower
Elegance Tower by Damac offers 1 and 2-bedroom apartments in Downtown Dubai, one of the city's most sought-after addresses. The interiors carry the Zuhair Murad brand exclusively and follow a contemporary, high-end design.
Residents get wide views of the Dubai skyline and the Burj Khalifa. The tower also provides a range of distinctive amenities and facilities, so most day-to-day needs can be met on site. The aim is a lifestyle set well above the usual standard, with the design and finish intended to make living here a rewarding experience.
Highlights
Why buyers look at this project
- 1 and 2-bedroom apartments on offer, Prices ranging from AED 1.79M to AED 2.34M, Straightforward 80/20 payment plan, Branding by couture designer Zuhair Murad, Ultra-luxury apartment specification, Views over Zabeel Park and the Burj Khalifa, Set in the Burj Khalifa District of Downtown
Details
Project details
- Starting Price
- AED 1,790,000
- Payment Plan
- 20/60
- Property Types
- Apartments
- Developer
- Damac Properties
- Handover
- 2026
- Bedrooms
- 1, 2
- Location
- Downtown Dubai
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Amenities
Amenities
The tower provides a broad set of world-class amenities, each intended to improve a different part of modern daily life.
- The Ritz-Carlton
- one of the world's premier luxury hotel brands
- will provide personalized service to residents of the luxury waterfront development. Aside from translation
- notary public services
- child care
- and Michelin-starred fine dining
- many other services are available à la carte.
Payment plan
How the price is paid
20/60
Step 1
During Construction
20%
≈ AED 358,000 on the starting price
Step 2
On Handover
60%
≈ AED 1,074,000 on the starting price
The published steps cover 80% of the price; the developer confirms the full schedule, including any post-handover instalments, at booking.
Payment plans running after handover may be offered. Speak to our advisors about financing arranged to suit you.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Unit mix: 1, 2 · Apartments
Request floor plansClose
Location
Downtown Dubai and connectivity
The tower sits in Downtown Dubai, a prestigious district and one of the city's most desirable neighbourhoods, a few blocks from The Dubai Mall.
Residents are close to gourmet restaurants and stylish rooftop bars. Major attractions, 5-star resorts and international fashion labels are also within easy reach.
About the area
Downtown Dubai
33 projects listed in Downtown Dubai
Downtown Dubai is where the city puts its most iconic landmarks on display. Home to the Burj Khalifa, Dubai Mall, and Dubai Fountain, the neighbourhood is one of the most recognised and visited destinations in the world. Beyond the major attractions, however, Downtown Dubai is…
All projects in Downtown DubaiInvestment
Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Damac Properties
78 projects listed
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
All projects by Damac PropertiesFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about Elegance Tower
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 1,790,000, 20/60 plan, handover 2026.
AED 1.79M
20/60 plan · 2026