Elegance Tower, an upcoming high-end residential project, is set to be situated in Downtown Dubai, just a short distance from The Dubai Mall. This striking skyscraper is being developed by DAMAC, renowned for previous projects like DAMAC Lagoons, DAMAC Hills, and the chic Cavalli Tower. Prospective residents of DAMAC Elegance Tower can choose from sophisticated 1-2 bedroom apartments offering captivating views of Downtown Dubai and its surroundings. Additionally, there is an option to acquire a full floor. Notable amenities available to Elegance Tower residents include a swimming pool with a deck and a garden, situated on the building’s podium.
Investing in an apartment at Elegance Tower presents a lucrative opportunity for your future, providing access to a premium lifestyle in Downtown Dubai with a plethora of amenities, dining options, shopping, and entertainment activities. Moreover, there is the potential for resale after completion or renting out the property, with the average return on investment (ROI) for a 1-bedroom apartment in the area standing at 6.7%.
Location.
Downtown Dubai stands as the central hub of the emirate, characterized by opulent apartment buildings. Within this area lie globally renowned landmarks such as the Burj Khalifa, the Dubai Mall, and the iconic Dancing Fountains.
Downtown Dubai emerges as the prime destination for investing in high-end real estate in Dubai, ranking second only to Dubai Marina in popularity among affluent buyers and investors. The locale is adorned with upscale hotels, headquarters of international corporations, and exclusive venues for leisure and shopping.
The development provides convenient access to Financial Center Road, resulting in a 15-minute commute to Business Bay and a 25-minute journey to Dubai Marina. The road to Dubai Airport (DXB) is reachable within 20 minutes.
Residents of DAMAC Elegance Tower in Downtown Dubai will find themselves in proximity to an array of diverse restaurants and cafes, including Marrakech Palace Grill Restaurant, Open Sesame, Sandwichy Restaurant, Baron Gourmet, The Restaurant at Address Fountain Views, and BAI Bar & Terrace. Notable nearby nightclubs include So Lounge and W Club.
A significant advantage of residing in Elegance Tower by DAMAC Properties is the close proximity to The Dubai Mall, featuring 1,200 retail stores, 200 dining options, The Dubai Ice Rink, Dubai Aquarium & Underwater Zoo, Reel Cinemas, and a myriad of other attractions.