Elegance Tower
Downtown Dubai , Dubai
AED 1,790,000
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AED 1,790,000
Free Residency Visa
Construction Progress67%
Description
Located in the dynamic centre of Downtown Dubai, Elegance Tower emerges as a symbol of lavishness and class, marking the inaugural Zuhair Murad-branded construction globally. Initiated by DAMAC Properties, this esteemed 26-storey edifice presents an assorted range of designer 1 and 2-bedroom apartments, each graced with one or two balconies. Occupants of Elegance Tower delight in awe-inspiring panoramas of Zabeel, the Dubai Canal, and the legendary Burj Khalifa, guaranteeing an exceptionally extraordinary residential experience.
Radiating the signature sophistication and opulence of Zuhair Murad, the interiors of these splendid homes are marked by a seamless fusion of white and gold details, scrupulously fashioned to perfection.
Amenities & Features
Lobby in Building
Gym or Health Club
Swimming Pool
Kids Play Area
Property Details
CompletionOff-Plan -
Q1 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,790,000
DLD Fee (4%)AED 71,600
Trustee FeeAED 4,200
Agency (2%)AED 35,800
Total
InvestmentAED 1,901,600
Expected Annual Returns
Expected Annual RentAED 143,200
Service Charges (Est)-AED 11,100
Net Annual
IncomeAED 132,100
Net Annual ROI6.9% (after expenses)
Payback Period14.4 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa1 km
Dubai Mall0.5 km
Dubai Airport (DXB)10.4 km
Mall of the Emirates12 km
Dubai Marina19.4 km