Elegance Tower

Under Construction · Date not reported|296 units · 1 tower

Elegance Tower is an under-construction development by DAMAC in Downtown Dubai, comprising 296 registered units. 312 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,522 per sqft. At AED 2,522 per sqft, Elegance Tower prices 13% below the Downtown Dubai median of AED 2,896 per sqft on registered sales.

PIX© price · ↑27.8% YoY

2.42MAED

Typical

2,522AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

312

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai5 min · 0.9 km

DXB Airport14 min · 15.3 km

DIFC9 min · 3.2 km

Dubai Marina23 min · 22.4 km

Palm Jumeirah24 min · 24.7 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station1.6 km

MallStaff Fountain parking0.1 km

SchoolRJ 690.1 km

HospitalDerma Max0.3 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 4

…

2 Bed on Floor 4, Elegance Tower

Size
Record: Jan 2023 to Jul 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	30 Jul 2026				2 mo	Current owner
1Owner 1	19 Jan 2023				3.5 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 4 · Elegance Tower

Nightly rateAED

Occupancy (237 nights)

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Elegance Tower2,522AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 732 - 1,455 sqft	296	2.42M	2,522	↑27.8%
1 Bed · Apartment 732 - 915 sqft	146
2 Bed · Apartment 1,070 - 1,455 sqft	150

No rental contracts registered - the project has not handed over.

Sales - Project-Wide312 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Jul 2026	2 Bed	Elegance Tower · Floor 4	1,071	2,440,000	2,278	0.0%	Standard	Off-Plan Sale
21 Jul 2026	2 Bed	Elegance Tower · Floor 9	1,183	2,917,000	2,465	0.0%	Standard	Off-Plan Sale
16 Jun 2026	1 Bed	Elegance Tower · Floor 11	815	2,180,000	2,674	0.0%	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Elegance Tower

Compared with

BLVD Heights Podium

PIX© PSF

2,536

Rank

#32 of 43

#31 of 43

Typical price

2.39M

Yield

—

Units

296

Sales

312

Rents

—

Developer

DAMAC

EMAAR

Handover

U/C

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Forte 1 EMAAR · Completed · Off-plan pricing	726					156	826
	Society House DIGO REAL ESTATE DEVELOPMENT (BR OF INVEST GROUP OVERSEAS (L L C) ) · Completed · Off-plan pricing	417					400	—
	Forte EMAAR · Completed · Off-plan pricing	1,124					278	1,484
	W Residences Downtown DAR AL ARKAN PROPERTIES L.L.C · U/C · Off-plan pricing	384					191	—
	BLVD Heights Podium EMAAR · Completed · Off-plan pricing	41					14	45
32	Elegance Tower DAMAC · U/C · Off-plan pricing	296	2,536	Subject	2.39M	—	312	—
	Exquisite Living Residences ZUARI INFRAWORLD S J M PROPERTIES L.L.C · Completed · Off-plan pricing	239					289	—
	BLVD Heights EMAAR · Completed · Off-plan pricing	577					40	1,381
	Volta DAMAC · U/C · Off-plan pricing	417					431	—
	Forte 2 EMAAR · Completed · Off-plan pricing	389					122	650
	Imperial Avenue SP INTERNATIONAL PROPERTY DEVELOPERS L.L.C · Completed · Off-plan pricing	439					306	178

Community median 2,896 AED/sqft. Showing the closest-ranked peers of 43 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 48 excluded for trading only in the ready market. 7 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Exquisite Living ResidencesAED 2,526/sqft
BLVD Heights PodiumAED 2,605/sqft
W Residences DowntownAED 2,624/sqft
ForteAED 2,633/sqft
Society HouseAED 2,639/sqft
BLVD HeightsAED 2,405/sqft

Common questions about Elegance Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Elegance Tower cost?

Property in Elegance Tower sells at a current PIX© price of AED 2,522 per sqft, or about AED 2,420,902 for a typical unit, based on 312 sales registered with the Dubai Land Department.

When is Elegance Tower handing over?

Elegance Tower is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Elegance Tower?

Elegance Tower is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elegance Tower?

Elegance Tower holds 296 registered units, per the Dubai Land Department unit register.

Have prices in Elegance Tower gone up or down?

Price per sqft has risen +27.8% over the last 12 months, to AED 2,522, across 312 registered sales.