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Starting From
Price on Request
Stack and view premiums vary by unit
Elegance Tower by Damac Properties — Downtown Dubai (Branded by Zuhair Murad) ## Developer: Damac Properties Fashion Brand Partner: Zuhair Murad (Lebanese-French Couture) Location: Downtown Dubai, Dubai Building: 26-storey tower Total Units: 296 apartments Property Types:…
Developer
Damac Properties
Property type
Apartment
Unit mix
1 bedroom
Handover
Q1 2026
Total Units
296
Ownership
Freehold
Launched
Q4 2022
20%
Down Payment
60%
During Construction
20%
On Completion
Availability check
Get current release, stack, floor, and view pricing from our advisors.
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Prime location in Downtown Dubai - one of Dubai's most sought-after areas
Investment starts from AED 2.8M
Developed by Damac Properties
Expected completion: Q1 2026
High rental demand area with yields typically 6-8% annually
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
80% pre-handover
20% Down Payment · 60% During Construction · 20% On Completion
20% on handover
Area PSF benchmark
AED 3,098
Downtown Dubai 12-month registered-sales median price per square foot.
Avg AED 3,232 / sqft
Market liquidity
3,357 sales
AED 16.4B traded in Downtown Dubai over the last 12 months.
1,563 sales in 6 months
Off-plan demand
35.5% share
35.5% of Downtown Dubai sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+10.3% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Downtown Dubai recorded 3,357 DLD-registered sales worth AED 16.4B over the last 12 months, with a median price of AED 3,098 per square foot. 35.5% of those sales were off-plan, and prices moved +10.3% year-on-year.
Area PSF benchmark
AED 3,098
Market liquidity
3,357 sales
Off-plan demand
35.5%
Price momentum
+10.3%
DLD transactions linked to Elegance Tower and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| Jun 16, 2026 | Off-plan | - | 1 | 815 Sq Ft | AED 2,180,000 | AED 2,674 |
| Jun 10, 2026 | Off-plan | - | 2 | 1,092 Sq Ft | AED 2,438,000 | AED 2,232 |
| May 13, 2026 | Off-plan | - | 2 | 1,086 Sq Ft | AED 2,476,000 | AED 2,280 |
| Apr 17, 2026 | Off-plan | - | 1 | 768 Sq Ft | AED 2,328,000 | AED 3,031 |
| Feb 17, 2026 | Off-plan | - | 1 | 732 Sq Ft | AED 2,270,000 | AED 3,103 |
| Nov 28, 2025 | Off-plan | - | 1 | 186 Sq Ft | AED 1,039,500 | AED 5,592 |
| Oct 20, 2025 | Off-plan | - | 1 | 767 Sq Ft | AED 2,316,000 | AED 3,019 |
| Oct 17, 2025 | Off-plan | - | 2 | 1,092 Sq Ft | AED 2,500,000 | AED 2,288 |
| Jun 4, 2025 | Off-plan | - | 1 | 372 Sq Ft | AED 902,000 | AED 2,425 |
| May 7, 2025 | Off-plan | - | 2 | 1,086 Sq Ft | AED 2,850,000 | AED 2,624 |
| Apr 29, 2025 | Off-plan | - | 2 | 1,183 Sq Ft | AED 3,396,000 | AED 2,869 |
| Mar 24, 2025 | Off-plan | - | 2 | 1,183 Sq Ft | AED 2,661,120 | AED 2,249 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| Jul 2026 | 38 | AED 2,964 | AED 174M | 1,423 Sq Ft |
| Jun 2026 | 206 | AED 3,042 | AED 1B | 1,468 Sq Ft |
| May 2026 | 217 | AED 3,049 | AED 953.5M | 1,354 Sq Ft |
| Apr 2026 | 343 | AED 3,214 | AED 1.9B | 1,509 Sq Ft |
| Mar 2026 | 355 | AED 3,117 | AED 1.5B | 1,292 Sq Ft |
| Feb 2026 | 277 | AED 3,119 | AED 1.4B | 1,461 Sq Ft |
| Jan 2026 | 293 | AED 3,273 | AED 1.5B | 1,385 Sq Ft |
| Dec 2025 | 367 | AED 3,300 | AED 1.4B | 1,156 Sq Ft |
| Nov 2025 | 528 | AED 3,598 | AED 3.7B | 1,230 Sq Ft |
| Oct 2025 | 515 | AED 3,536 | AED 2.3B | 1,245 Sq Ft |
| Sep 2025 | 324 | AED 3,031 | AED 1.7B | 1,621 Sq Ft |
| Aug 2025 | 340 | AED 3,133 | AED 1.8B | 1,512 Sq Ft |
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815 Sq Ft
DLD Supply
Registered units
296
Registry units
296
Buildings
0
Registry match
100% of registry count
Unit size range
732-1,455 sq ft
Parking bays
0
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Lowest asking price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| 1 Bedroom | 815 – 815 Sq Ft | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of Elegance Tower in Downtown Dubai, offering unparalleled access to Dubai's finest destinations.
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Elegance Tower by Damac Properties in Downtown Dubai starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Elegance Tower offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Elegance Tower is scheduled for completion in Q1 2026. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Elegance Tower by Damac Properties in Downtown Dubai offers strong investment potential. Downtown Dubai is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Elegance Tower is developed by Damac Properties, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Elegance Tower offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking and 1 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.