Off-PlanDubai

DAMAC Properties · Dubai

Elegance Tower

Business Bay, Dubai

Bedrooms

1 – 2 Bed

Type

Apartment

Payment Plan

20% deposit, staged installments to 36 months, 3×3% at 70/80/90% completion, 20% on completion — confirm exact terms

Handover

Q4 2026

Payment Plan

Deposit

Immediate

20%

1st Installment

Within 3 months of sale date

2nd Installment

Within 6 months of sale date

3rd Installment

Within 9 months of sale date

4th Installment

Within 12 months of sale date

5th Installment

Within 15 months of sale date

6th Installment

Within 18 months of sale date

7th Installment

Within 21 months of sale date

8th Installment

Within 24 months of sale date

9th Installment

Within 27 months of sale date

10th Installment

Within 30 months of sale date

11th Installment

Within 33 months of sale date

12th Installment

Within 36 months of sale date

13th Installment

On 70% Completion Milestone

14th Installment

On 80% Completion Milestone

15th Installment

On 90% Completion Milestone

16th Installment

On Completion

20%

Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Building Height

26 Floors (one source: 25)

Total Units

296

Starting Price

AED 1.79M

Handover

Q4 2026

At a Glance

First-ever branded tower by Lebanese haute couture designer Zuhair Murad, in Business Bay
Meters from Burj Khalifa, with views of Za’abeel Park and the Dubai Canal
Grand lobby doubles as a couture gallery — mirrored, star-lit walkway displaying Zuhair Murad gowns
Podium pool with poolside cinema screen and a DJ recreation zone by night
Waterborne catwalks linking manmade islands on the podium level
1 and 2-bedroom apartments only — 296 total units
Off-plan, close to handover — expected Q4 2026
Starting prices: 1-Bed AED 1.79M, 2-Bed AED 2.34M

About this project

Elegance Tower is the first-ever branded tower by Lebanese haute couture designer Zuhair Murad — a 26-storey (one source: 25) residential tower in Business Bay, meters from Burj Khalifa, with views across Za’abeel Park and the Dubai Canal, 15 minutes from Dubai International Airport. The grand lobby doubles as a couture gallery, its mirrored, star-lit walkway displaying Zuhair Murad gowns on mannequins. The podium pool carries the designer’s branding throughout, with a poolside cinema screen, a DJ recreation zone by night, and waterborne catwalks linking manmade islands. 1 and 2-bedroom apartments only. Off-plan, close to handover — expected Q4 2026 (sources range Q1–Q4 2026). Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Lifestyle & Comfort

Couture Gallery Lobby (Zuhair Murad Gowns)
DJ Recreation Zone
Waterborne Catwalks & Manmade Islands

Wellness & Fitness

Podium Pool with Cinema Screen

Outdoor & Views

Landscaped Podium Gardens

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Completion Status & Total Units

Neither the brochure nor the Payment Plan PDF discloses a storey count, total unit figure, or handover date — WebSearch (Metropolitan Premium Properties, Bayut, tohidfetrat.com) confirms 26 storeys (one source: 25) and 296 total units. Handover estimates range unusually widely across sources, from Q1 2026 to Q4 2026, suggesting possible schedule updates since launch (Q4 2022); Q4 2026 used here as the latest-cited estimate, with the wide range flagged rather than picking one arbitrarily.

26 storeys (one source: 25), 296 total units, handover Q1–Q4 2026 (sources vary)Source: WebSearch — Metropolitan Premium Properties, Bayut, tohidfetrat.com

Imagery

Two genuine, project-specific images used: a podium pool render with "ZUHAIR MURAD" branding visible repeatedly (poolside umbrellas, pool floats, a poolside cinema screen), and a lift-lobby render showing a purple Zuhair Murad couture gown displayed on a mannequin down a mirrored, star-lit walkway — directly matching the brochure’s own "mesmerizing collection of mirrors, crystals, and displays showcasing the creations of Zuhair Murad" copy. The lobby image’s filename references "SIGNATUREII" (a different internal DAMAC project codename), but its visual content unmistakably matches this project’s own distinctive brochure description — treated as a genuine, correctly-attributed render rather than a misplaced one, unlike a prior case this session (Chic Tower) where an image’s content itself visually contradicted the project.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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Map shows approximate project location. Exact site boundaries may vary.

About the Developer

DAMAC Properties

DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

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Starting from

AED 1.8M

20% deposit, staged installments to 36 months, 3×3% at 70/80/90% completion, 20% on completion — confirm exact terms · Handover Q4 2026

Dubai — Market Yield Range

5% – 12.5% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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Developer-Direct Pricing

Same price as booking through the developer — zero resale markup.

One Advisor, Start to Finish

A single point of contact from reservation through to handover — no chain of resellers.