+90 212 999 88 77 info@residencetr.com Istanbul, Bodrum, Antalya, Izmir
SPONSORED / REKLAM
CURATED DEVELOPMENTS Turkish Citizenship Eligible ($400k+) REF: #TR-PROP-43

DAMAC Elegance Tower in Downtown Dubai

Downtown Dubai, Business Bay, Dubai Emirliği, Birleşik Arap Emirlikleri
VERIFIED PROJECT DEVELOPER

VISTA PRESTIGE PROPERTIES

Official Sales & Marketing Authorization
Starting Price
$ 1,150,000
VAT Included / Title Deed Fee Exemption Eligible
SPONSORED / REKLAM
3+1 Bedrooms
2 Bathrooms
180 m² Gross Area
2024 Delivery Date
100% Freehold Ownership (Kat Mülkiyeti) Title Deed
Currency exchange rates are indicative, updated daily. Official purchase contracts in Turkey are executed in USD, EUR, or Turkish Lira at the Central Bank clearing rate.

Project Overview & Investment Highlights

DAMAC Elegance Tower presents an exquisite residential offering in the heart of Downtown Dubai, just a stone’s throw away from The Dubai Mall. Developed by the renowned DAMAC, known for its iconic projects such as DAMAC Lagoons, DAMAC Hills, and the stylish Cavalli Tower, this new premium skyscraper promises a luxurious living experience.

Prospective residents of DAMAC Elegance Tower can select from a range of stylish 1-2 bedroom apartments boasting captivating views of Downtown Dubai and its surroundings. Additionally, the option to acquire an entire floor is available. Among the notable amenities awaiting residents is a refreshing swimming pool with a charming deck and garden, situated on the podium level of the building.

Investing in an apartment at Elegance Tower is a wise decision for those seeking a premium lifestyle in Downtown Dubai, offering access to a plethora of amenities, dining options, shopping experiences, and entertainment activities. Furthermore, the potential for resale or rental is promising, with the average ROI for a 1-bedroom apartment in the area standing at 6.7%.

The First Ever Branded Tower by Zuhair Murad

Downtown Dubai stands as the vibrant epicenter of the emirate, adorned with luxurious residences and iconic landmarks such as the Burj Khalifa, the Dubai Mall, and the enchanting Dancing Fountains.

Renowned for its allure, Downtown Dubai emerges as the premier destination for investing in luxury real estate in Dubai, second only to Dubai Marina. The area boasts an array of upscale hotels, corporate headquarters of multinational firms, and exclusive venues for leisure and shopping.

Conveniently situated with access to Financial Center Road, residents of DAMAC Elegance Tower enjoy easy commutes, with travel times of 15 minutes to Business Bay and 25 minutes to Dubai Marina. Access to Dubai Airport (DXB) is equally convenient, with a mere 20-minute drive.

Residents will delight in the proximity to an array of dining establishments and cafes catering to every palate, including Marrakech Palace Grill Restaurant, Open Sesame, Sandwichy Restaurant, Baron Gourmet, The Restaurant at Address Fountain Views, and BAI Bar & Terrace. For those seeking nightlife, popular nightclubs like So Lounge and W Club are within easy reach.

A standout advantage of residing in Elegance Tower by DAMAC Properties is the close proximity to The Dubai Mall, offering a wealth of experiences with its 1,200 retail stores, 200 dining options, The Dubai Ice Rink, Dubai Aquarium & Underwater Zoo, Reel Cinemas, and more.

Exclusive Amenities & Residence Services

Citizenship Eligible
Swimming Pool
24/7 Security
Fitness Center
Sea View
Smart Home
Underground Parking

Prime Location & Connectivity (Map Auto-Focus)

Click to Inspect on Live Map
Dubai International Airport
25 Min Drive • 32 km
Downtown Dubai Rapid Metro & Transit Hub
4 Min Walk • 400 m
Dubai Luxury Shopping Mall
7 Min Drive • 2.4 km
Downtown Dubai Acibadem / Memorial International Hospital
5 Min Drive • 1.5 km
Downtown Dubai International British & IB Campus
6 Min Drive • 1.8 km
Downtown Dubai Yacht Marina
8 Min Drive • 2.5 km

Questions & Answers: DAMAC Elegance Tower in Downtown Dubai

Yes, this project is fully compliant with the Turkish Citizenship by Investment regulations ($400,000 USD minimum). Clean title deeds (Tapu) are ready for immediate citizenship filing.

We offer flexible developer installment options with 35% - 50% down payment and 24 to 36 months zero-interest installments, as well as special cash payment discounts.

Projected annual rental yields range between 7% to 9% in foreign currency, driven by high tenant demand in prime Turkish metropolitan districts.

Yes, under Turkish Law No. 6302, foreign investors obtain absolute 100% freehold title deeds registered at the General Directorate of Land Registry and Cadastre.

SPONSORED / REKLAM

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