Elegance Tower

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by DAMAC
296
Total Units
296
Sold
AED 2,449,000
Median Price
AED 2,570
Median Price /sqft
Construction progress: 86% (As of Apr-2026)
Start: Nov, 2022Completion: Feb, 2026

Elegance Tower Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed146730 sqft - 910 sqftAED 2.3M (3,030 /sqft)AED 2,700 /sqft
12.1
2 Beds1501,070 sqft - 1,460 sqftAED 2.5M (2,280 /sqft)AED 2,840 /sqft
-19.68

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment878 sqft22.73 sqft 1AED 2,106,000AED 2,547 /sqft 15, Mar 2024
1Apartment816 sqft16.31 sqft 1AED 1,875,000AED 2,401 /sqft 07, Jun 2023
2Apartment1,455 sqft39.51 sqft 1AED 3,603,000AED 2,611 /sqft 13, Jun 2024
2Apartment1,221 sqft27.22 sqft 1AED 3,048,710AED 2,497 /sqft 27, Feb 2025
2Apartment1,288 sqft28.94 sqft 1AED 2,855,000AED 2,217 /sqft 03, Aug 2023
2Apartment1,231 sqft27.47 sqft 1AED 2,689,000AED 2,204 /sqft 03, Aug 2023
2Apartment1,224 sqft27.41 sqft 1AED 2,680,000AED 2,206 /sqft 26, Sep 2023
2Apartment1,074 sqft12.12 sqft 1AED 2,403,000AED 2,237 /sqft 09, Sep 2023
1Apartment913 sqft12.47 sqft 10AED 2,397,000AED 2,666 /sqft 29, Dec 2022
1Apartment815 sqft11.22 sqft 10AED 2,172,000AED 2,665 /sqft 29, Dec 2022
1Apartment745 sqft9.86 sqft 10AED 2,013,000AED 2,702 /sqft 03, Jan 2023
1Apartment768 sqft12.49 sqft 10AED 2,009,000AED 2,616 /sqft 03, Jan 2023
1Apartment732 sqft11.76 sqft 10AED 1,952,000AED 2,667 /sqft 03, Jan 2023
1Apartment744 sqft9.6 sqft 10AED 1,942,000AED 2,617 /sqft 03, Jan 2023
2Apartment1,128 sqft13.91 sqft 10AED 2,817,000AED 2,497 /sqft 29, Dec 2022

Elegance Tower Real Estate Data – FAQ

  • What is the current property supply in Elegance Tower?

    Elegance Tower has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Elegance Tower?

    Elegance Tower recorded 10 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Elegance Tower?

    The median transaction price in Elegance Tower is AED 2,570 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Elegance Tower?

    The gross rental yield in Elegance Tower is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Elegance Tower?

    Property prices in Elegance Tower have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Elegance Tower?

    There are currently 0 active off-plan projects in Elegance Tower, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Elegance Tower?

    The total off-plan pipeline in Elegance Tower includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Elegance Tower a good area for property investment?

    Elegance Tower is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Elegance Tower, this is %, indicating relatively strong income performance compared to global markets.

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