
Downtown Dubai
Launch price
1,850,000 AED
Booking
Construction
Handover
Elegance Tower offers apartments for sale in Downtown Dubai, an off-plan residential project by DAMAC Properties. The 26-storey luxury tower features 303 apartments, including 1 and 2-bedroom units. Designed in collaboration with fashion icon Zuhair Murad, the residences offer views of the city's landmarks. Construction began in January 2023, with an expected handover in Q4 2026. A payment plan is available, requiring 20% on booking, 60% during construction, and 20% upon handover. The development is situated near The Dubai Mall, Burj Khalifa, and Dubai Opera. It provides convenient access to Sheikh Zayed Road and the Dubai Metro.
Starting price
2,487 /ft²
Current price
3,031 /ft²
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 17 Apr 2026 | 2,328,000 | Apartment | 1 B/R | 768 ft² | — | 3,031 |
| 17 Feb 2026 | 2,270,000 | Apartment | 1 B/R | 732 ft² | — | 3,101 |
| 20 Oct 2025 | 2,316,000 | Apartment | 1 B/R | 767 ft² | — | 3,020 |
768 ft²
—
3,031
732 ft²
—
3,101
767 ft²
—
3,020
A little more context
changes the read.
Showing 3 most recent sales transactions
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
The full spread,
reveals the bias.
| Building | Price per ft² | Construction | Handover | Developer | |
|---|---|---|---|---|---|
Imperial AvenueShapoorji Pallonji 2,395 AED/ft² 21.0% 100% | Imperial Avenue | 2,395 AED/ft²21.0% | 100% | Q4 2023 | |
The Residences 3Emaar 2,161 AED/ft² 28.7% 100% | The Residences 3 | 2,161 AED/ft²28.7% | 100% | Q4 2024 | |
The Residences 1Emaar 2,579 AED/ft² 14.9% 100% | The Residences 1 | 2,579 AED/ft²14.9% | 100% | Q4 2024 | |
South Ridge 6Emaar 1,945 AED/ft² 35.8% 100% | South Ridge 6 | 1,945 AED/ft²35.8% | 100% | Q1 2008 | |
The Residences 5Emaar 2,129 AED/ft² 29.8% 100% | The Residences 5 | 2,129 AED/ft²29.8% | 100% | Q4 2024 | |
The strongest comps
sit beyond the first pass.