Developer Deal
Akoya Genus Villas
DAMAC PropertiesFrom
AED 2,900,000
Handover
Q4 2021
Payment Plan
100/0
Down Payment
100%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Elegance Tower
Downtown Dubai, Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q4 2026
Post Handover
—
Payment Plan
80%
20%
20% down
About Elegance Tower
Elegance Tower is the latest residential development by Damac Properties that features stylish design 1 & 2 bedroom apartments located at Downtown Dubai. The exclusive design project presents the state-of-the-art infrastructure providing one of the premium addresses within Dubai with awe-inspiring views of the Skylines.The place is awesome enough with contemporary designs and high-end luxury, …
Project documents
Brochures
Not available yet
Payment schedule
Main
- Deposit
- 20%
- During construction
- 60%
- On handover
- 20%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Elegance Tower
Median sale price/sqft
AED 2,579/sqft+0.3%
Median sale price
AED 2,426,105
Transaction activity
LiquidityModeratePrice momentumStable
12 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Elegance Tower | 2 | 1,183 sqft | AED 2,612,210 | 2,207 |
| 2024-12-31 | Elegance Tower | 2 | 1,153 sqft | AED 2,612,210 | 2,266 |
| 2024-11-13 | Elegance Tower | 1 | 755 sqft | AED 2,011,000 | 2,663 |
| 2024-10-21 | Elegance Tower | 1 | 755 sqft | AED 2,179,000 | 2,885 |
| 2024-09-10 | Elegance Tower | 2 | 1,094 sqft | AED 2,653,000 | 2,425 |
| 2024-09-05 | Elegance Tower | 1 | 746 sqft | AED 2,240,000 | 3,001 |
Completed transactions in Downtown Dubai
Median sale price/sqft
AED 2,727/sqft+6.6%
Median sale price
AED 2,874,575
Gross rental yield
5%
Median annual rent
AED 145,000
Median price/sqft over time
Dec 23Range AED 2,586 – AED 2,857Dec 24
Community activity
LiquidityStrongPrice momentumRising
4,504 sales and 10,804 rentals in the last 12 months
Primary vs resale
Resale 62.6%Primary 37.3%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-14 | Solara Tower | 4 | 5,375 sqft | AED 22,692,555 | 4,222 |
| 2024-12-13 | Fairmont Residences Solara Tower | — | 953 sqft | AED 2,968,555 | 3,114 |
| 2024-12-13 | One Residence | 1 | 749 sqft | AED 1,988,500 | 2,654 |
| 2024-12-13 | One Residence | 1 | 752 sqft | AED 1,870,000 | 2,487 |
| 2024-12-13 | Baccarat Hotel And Residences | 2 | 2,679 sqft | AED 18,982,285 | 7,085 |
| 2024-12-13 | One Residence | 2 | 1,027 sqft | AED 2,673,000 | 2,602 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Elegance Tower
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Elegance Tower
- What is the handover date for Elegance Tower?
- Elegance Tower is scheduled for handover in Q4 2026.
- What is the starting price of Elegance Tower?
- Prices start from AED 2,070,000. Contact our team for current availability.
- Who is the developer of Elegance Tower?
- Elegance Tower is being developed by DAMAC Properties.
- Where is Elegance Tower located?
- Elegance Tower is located in Downtown Dubai, Dubai, UAE.