Elegance Tower
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…
Project Overview
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 the Dubai Skyline and Burj Khalifa. You will be able to enjoy a lifestyle beyond expectations with contemporary designs and high-end luxury, bringing you the most rewarding experiences. You can find all you need at Elegance Tower, which offers a number of unique amenities and facilities.
Project Highlights
Starting Price from 1.79M AED to 2.34M AED, Easy 80/20 Payment Plan, Branded by Couture designer Zuhair Murad, Located in downtown Burj Khalifa District, Ultra-Luxurious apartments, 1 to 2 Bedroom apartments available, Burj Khalifa and Zabeel park views
Project Details
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Amenities
Elegance Tower offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.
- 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
Location & Connectivity
Elegance Tower is located in the prestigious Downtown Dubai, just a few blocks from The Dubai Mall in one of Dubai’s most desirable neighborhoods. Aside from gourmet restaurants and style rooftop bars, residents will also have access to major attractions, worldwide fashion labels, and 5-star resorts.
About 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…
Visit Downtown Dubai PageInvestment Potential
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.
Market Context
- 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.
Flexible Financing Options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
About the Developer
Damac Properties
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…
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Frequently Asked Questions
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.
No. Our service is completely free for buyers — we are compensated by the developer. You only pay the standard property costs, such as the 4% DLD registration fee.
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
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.
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.
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.
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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