Compliance & specs
DLD-verifiableAbout
Project general facts
Elegance Tower has an advantageous location in the most prestigious part of Dubai’s central district – Downtown Dubai.
Residents of the luxurious complex will enjoy close proximity to some of the world’s best known landmarks such as the Dubai Fountain, Dubai Opera, the largest mall in the world; The Dubai Mall, as well as the tallest building in the world, the Burj Khalifa.
Finishing and materials
All units will have extra bed hidden in the ceiling. All units will have secret door between living area and bedroom.
Kitchen and appliances
Equipped kitchen
Furnishing
Fully furnished apartments
Location description and benefits
Damac Elegance Tower is located at Downtown Dubai, offering everyone an exclusive access to the locality benefits and convenience. Downtown Dubai is the area that is most well-known for its remarkable convenience and connectivity, which makes it possible to fulfil any and all requirements within a matter of minutes and brings a wide variety of things to your doorstep.
A wide variety of centres, including major stores, outlets, showrooms, shopping centres, institutions, and more are located in close proximity to provide you with everything you could possibly require.
Floor plans
Payment terms
Payment schedule not yet published
The developer hasn't released the structured payment plan yet — this often means the project is pre-launch, or that terms are negotiated case-by-case (cash deals often unlock developer discounts). Talk to us before booking direct.
Get the current termsAmenities
8 features
Location
25.19724, 55.28390
Nearby
- Scholars International Group2.7 km · 6 min
- Dubai Opera2.4 km · 6 min
- Burj Khalifa1.9 km · 7 min
- Burj Park1.8 km · 7 min
- Business Bay4.4 km · 9 min
- Mercato Beach4.6 km · 11 min
- Dubai International Airport12.6 km · 12 min
- The Dubai Mall2 km · 8 min
About Downtown Dubai
Downtown Dubai is one of Dubai's recognized investment communities, with 20 projects in our catalogue. Detailed area profile in development.
Explore Downtown DubaiAbout DAMAC
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and accolades for its contribution to the real estate development sector. Having now received over 100 global awards and commendations, for everything from high-rise architecture and interior design to excellence in hospitality and international golf course communities, DAMAC only goes from strength to strength. DAMAC Properties has grown to become one of the world’s foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States and United Kingdom.
Building details
The magnificent one and two-bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
Price on request
Talk to a Casadior broker
