Off-plan properties
1-r. secondary flat, 767 ft²
in Elegance Tower
584 528 $
761 $/ft²
767 ft²
/ 25 floor
Dubai (United Arab Emirates), Downtown
Elegance Tower
Under construction, 1st 2026
Developer: Damac
Description
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1-Bedroom Apartment 71.34 m² in Elegance Tower, Downtown Dubai — Off-Plan Resale by DAMAC, Prime Location, Handover Q1 2026.
A rare resale opportunity in one of the most anticipated projects in Downtown Dubai — Elegance Tower by DAMAC.
This 1-bedroom apartment of 71.34 m² is located on a low floor and offers investors the chance to purchase below current developer prices, with a projected ROI of 7–8% per annum. Perfect for those looking to buy property in Downtown Dubai either for investment or personal use.
Elegance Tower embodies the signature DAMAC style — modern architecture, high-quality finishes, and sophisticated interiors in white and gold tones. Every detail reflects urban luxury and timeless elegance in the city’s most prestigious district.
Property Details:
— Type: 1 Bedroom, 1 Bathroom;
— Size: 71.34 m²;
— Floor: Low Floor;
— Status: Off-plan resale (secondary market);
— Handover: Q1 2026;
— Location: Downtown Dubai;
— Developer: DAMAC Properties.
Key Highlights:
— Resale below developer’s price — limited availability;
— Premium location in the heart of Downtown Dubai;
— Project by DAMAC — a trusted name in luxury real estate;
— Expected ROI up to 7–8% annually;
— Ideal for short-term or long-term rental income;
— High potential for capital appreciation upon handover.
Amenities:
— Infinity swimming pool with Burj Khalifa views;
— Modern gym with professional equipment;
— Spa and sun deck;
— Landscaped gardens and lounge areas;
— Children’s play area;
— Elegant lobby and concierge service;
— 24/7 security and covered parking.
Location Advantages:
Downtown Dubai is the city’s investment hub — home to iconic landmarks, luxury retail, and high rental demand.
— 5 minutes to Burj Khalifa and The Dubai Mall;
— 7 minutes to Dubai Opera and The Dubai Fountain;
— 20 minutes to Dubai Marina;
— 25 minutes to Dubai International Airport;
— Surrounded by fine dining, hotels, and entertainment.
Why Invest in Elegance Tower:
— Strategic location — high rental yield and stable ROI;
— DAMAC’s proven record of delivering world-class projects;
— Off-plan resale allows entry below current market prices;
— Project completion in Q1 2026 — quick investment return;
— Excellent liquidity and demand among investors and tenants.
About the Developer:
DAMAC Properties is one of the UAE’s most reputable developers, behind projects like Cavalli Tower, Safa Two, and DAMAC Bay by Cavalli. The company is known for architectural excellence and luxurious urban developments.
Frequently Asked Questions:
What does “off-plan resale” mean?
— You purchase directly from the original investor at a lower price before project completion.
When is handover expected?
— Q1 2026.
Is mortgage financing available?
— Yes, mortgages are available for UAE residents and international buyers.
What’s the expected ROI?
— Estimated 7–8% per year, based on Downtown Dubai’s current rental market.
Is this property suitable for rental?
— Absolutely. The location and DAMAC brand ensure high rental demand year-round.
Contact me to receive a full investment brief, ROI calculation, and exclusive resale listings in Elegance Tower, Downtown Dubai.
Characteristics
Property type
Secondary flat
Building type
Monolith frame
Rooms
1
Number of owners
1
Restrooms
1
Area
767 ft²
Ceiling height
2.20 m
Furniture
Exists
Finishing
Repair from Developer
Completion date
1st 2026
House type
Monolith frame
Window view
Road
Parking
Ground
Apartments
Yes
Amenities
Balcony, concierge, passenger elevator, swimming pool
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Property typeSecondary flatBuilding typeMonolith frameRooms1Number of owners1Restrooms1Area767 ft²Ceiling height2.20 mFurnitureExistsFinishingRepair from DeveloperCompletion date1st 2026House typeMonolith frameWindow viewRoadParkingGroundApartmentsYesAmenitiesBalcony, concierge, passenger elevator, swimming pool
Purchase conditions
Installment
Possible
Encumbrance
Yes
Assignation
Yes
Proprietorship
Owner
Location
Developer
Damac
Address
Dubai (United Arab Emirates), Downtown
584 528 $
761 $/ft²
767 ft²
Anton Pimenov
Object broker
Contact
information
information
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