Elegance Tower

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Media

80/20

Description Milestone Event (%) Value
Down Payment Immediate 20%
1st Installment Within 3 Months of Sale Date (1st Installment) 5%
2nd Installment Within 6 Months of Sale Date (2nd Installment) 5%
3rd Installment Within 9 Months of Sale Date (3rd Installment) 5%
4th Installment Within 12 Months of Sale Date (4th Installment) 5%
5th Installment Within 15 Months of Sale Date (5th Installment) 8%
6th Installment Within 18 Months of Sale Date (6th Installment) 8%
7th Installment Within 21 Months of Sale Date (7th Installment) 8%
8th Installment Within 24 Months of Sale Date (8th Installment) 8%
9th Installment Within Months of Sale Date (9th Installment) 3%
10th Installment Within Months of Sale Date (10th Installment) 3%
11th Installment Within Months of Sale Date (11th Installment) 2%
Payment At Handover On Completion 20%

Details

Title :

Elegance Tower

Type :

Free Hold

Project Number :

N/A

Completion Status :

Under Construction

Life Cycle :

N/A

Master Development :

Downtown Dubai

Developer :

Damac Properties

Plot Number :

N/A

Project Configuration :

N/A

Number Of Units :

296

Number Of Sold Units :

N/A

Number Of Remaining Units :

N/A

Number Of Floor :

30

Plot Area :

26,254 Square Meter

Built Up Area :

N/A

Status Percentage :

23.65

Launch Date :

N/A

Registration Date :

10-Nov-2022

Construction Started Date :

16-Jan-2023

Anticipated Completion Date :

28-Feb-2026

Cost Consultants :

N/A

Piling Contractors :

National Piling Company

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

Integrated Project Management L.L.C




Description

Damac Elegance Tower - Redefining Luxury Living in Downtown Dubai

Situated in the vibrant heart of Downtown Dubai, Elegance Tower stands as a beacon of luxury and sophistication, proudly debuting as the world’s first Zuhair Murad-branded development. Developed by DAMAC Properties, this prestigious 26-story tower offers an exquisite selection of designer 1 and 2-bedroom apartments, each thoughtfully designed with one or two balconies. Residents of Elegance Tower are treated to breathtaking views of Zabeel, the Dubai Canal, and the iconic Burj Khalifa, ensuring a truly unparalleled living experience.

Units: 296 
1 Bedroom - 148
2 Bedroom - 150

Prime Location:

Located just moments away from Dubai's most iconic landmarks, including the Burj Khalifa, Dubai Mall, and Dubai Opera, Elegance Tower puts you at the center of the city's vibrant life. With its strategic position, residents enjoy easy access to fine dining, luxury shopping, and cultural experiences, all while being part of one of Dubai’s most sought-after neighborhoods.

Exquisite Design:

The Elegance Tower boasts a contemporary architectural style, seamlessly blending luxury with functionality. Every detail has been meticulously curated, from the sleek façade to the premium interiors crafted in collaboration with elite designers. Floor-to-ceiling windows allow natural light to flood in, while offering breathtaking views of the Burj Khalifa, Dubai Fountain, and the city skyline.

Luxurious Residences:

The tower offers a selection of 1 and 2-bedroom apartments, each designed to provide a harmonious living experience. Open-plan layouts, modern kitchens, and elegant bathrooms showcase a perfect balance of aesthetics and practicality. Residences are equipped with smart home technology for enhanced convenience and comfort.

World-Class Amenities:

Residents of Damac Elegance Tower enjoy access to a host of exclusive amenities, including:

  • Infinity Pool with panoramic skyline views.
  • Fitness Center with state-of-the-art equipment.
  • Spa and Wellness Facilities for relaxation and rejuvenation.
  • Sky Lounge and landscaped terraces for leisure and socializing.
  • Kids’ Play Area and family-friendly spaces

Transport & Access

Commute times by car
  • From Elegance Tower it takes roughly 10 minutes to drive to Dubai Mall,
  • 22 minutes to Palm Jumeirah
  • 20 minutes to Burj Al Arab
  • 25 minutes to The Walk JBR.
Airport proximity

Dubai International Airport (DXB) is roughly 17 minutes' drive and the new Al Maktoum International Airport is roughly 42 minutes' drive

Attractions
  • Kidzania-0.4 km
  • PVRK-0.5 km
  • Dubai Ice Rink-0.5 km
Parks & beaches
  • The Block - 1.5 km
  • Index Park-1.5 km
  • Bay Avenue Park-1.8 km
Golf clubs
  • The Track Meydan Golf-4.7 km
  • Dubai Creek Golf & Yacht Club-7.4 km
  • Al Badia Golf Club-8.2 km
Cinemas
  • Cinemacity Fountain Views-0.2 km
  • Reel Cinemas at The Dubai Mall-0.6 km
  • Reel Cinemas at Rove Downtown-0.9 km

Local Schools

Elegance Tower has many schools nearby including Citizens School at 2.3 km and Hartland International School at 2.8 km.

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"

Yearly Transactions and Rent

Transactions and Rent by Property Types

Price Per Square Feet "Rent"