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Elegance Tower, Downtown Dubai

Elegance Tower, Downtown Dubai

4.13/5
(Based on 0 building reviews)
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Overall Niche Grade

4.13 / 5

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Strengths

Prime Location

Luxurious Amenities

Impeccable Design

Weakens

High Maintenance Fees

Limited Parking

Noise Levels

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Description

Elegance Tower, Downtown Dubai

Real Estate Overview

Building Overview

  • Elegance Tower is a prestigious residential skyscraper located in the heart of Downtown Dubai, providing residents with breathtaking views and unparalleled access to city amenities.
  • Proximity to iconic landmarks such as the Burj Khalifa, The Dubai Mall, and Dubai Fountain enhances its appeal, alongside nearby parks and recreational areas.
  • Well-connected via the Dubai Metro and major roadways, residents benefit from easy access to various parts of the city, making it ideal for both families and professionals.

Properties Overview

  • The tower features a diverse range of residential units including 1, 2, and 3-bedroom apartments, catering to both local and expatriate communities.
  • Rental prices for units typically range from AED 90,000 to AED 200,000 per year, depending on size and amenities.
  • Sales prices for apartments vary from AED 1.5 million to AED 4 million, making it an attractive option for investors seeking properties in a prime location.

Market Trends

  • Rental demand has seen a steady increase over the past year, with an average annual rental yield around 6-7%, appealing to investors.
  • Sales trends indicate a robust market, with a significant rise in transactions year-over-year, particularly for high-quality developments in Downtown Dubai.
  • Expectations for the future indicate continued growth, driven by infrastructural developments and an influx of new residents.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have convenient access to a variety of essential services, including supermarkets, reputable schools, hospitals, and clinics.
  • Nearby healthcare facilities include Dubai Health Authority hospitals and various medical centers offering comprehensive services.

Transportation and Accessibility

  • The building offers excellent public transportation options, including the Dubai Metro, with a near location to several major bus routes.
  • Ample parking spaces are available for residents and visitors, ensuring ease of access to the tower.

Lifestyle Amenities

  • Elegance Tower boasts a range of lifestyle amenities including a state-of-the-art gym, swimming pool, restaurants, and cafés, promoting a vibrant living experience.
  • Outdoor spaces around the building encourage an active lifestyle, with parks and pathways for walking, jogging, or simply unwinding.

Builing Facilities

  • Modern facilities include high-speed elevators, 24/7 security services, dedicated maintenance, and central air conditioning to ensure comfort.
  • The building is equipped with advanced communication systems and fire safety mechanisms, prioritizing resident safety.

Special Services

  • Residents can enjoy exclusive services such as concierge support, guest services, and business centers, enhancing the overall living experience.
  • Additional amenities may include meeting rooms for business purposes and lounges for informal gatherings.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available, including open-concept designs that cater to modern living preferences.
  • Options range from compact yet stylish one-bedroom apartments to expansive multi-bedroom units, providing flexibility for both investors and tenants.

Things to Consider

  • Potential tenants and buyers are advised to assess their lifestyle needs, budget, and proximity to work or school when considering a move.
  • Evaluate the amenities offered, service charges, and community vibe to ensure a suitable fit.

Useful FAQs and Support

Events and Building Life

Building Events

  • Elegance Tower often hosts social events and community gatherings, fostering a sense of community among residents.
  • Regular activities may include seasonal celebrations, wellness workshops, and networking events, enhancing building life.

Community Identity

  • Elegance Tower stands out due to its luxurious architecture and high-end living standards, attracting discerning residents seeking exclusivity.
  • The vibrant community atmosphere, bundled with cultural engagements and recreational opportunities, contributes to its unique identity.

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Detailed Buiding Insights

1. Family Friendliness

The community has good facilities for families, including parks and recreational areas, but the high-rise nature may not suit all family dynamics.

Moderately Welcoming

2. Living Options

Elegance Tower offers a variety of living options, from spacious apartments to penthouses, catering to different lifestyle preferences and budgets.

Luxuriously Diverse

3. Safety And Security

With 24/7 security and surveillance systems in place, the community provides a high level of safety and reassurance for residents.

Exceptionally Secure

4. Transportation

Located near major highways and public transport options, residents enjoy easy access to the rest of Dubai and surrounding areas.

Extremely Convenient

5. Amenities And Facilities

The tower boasts a range of amenities such as swimming pools, gyms, and community areas, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While costs reflect the luxury of living in Downtown Dubai, they can be prohibitive for some potential residents, especially families.

Relatively High

7. Things To Do

The area is brimming with attractions such as shopping malls, restaurants, cultural sites, and entertainment venues, ensuring a lively lifestyle.

Vibrantly Diverse

8. Noise Levels

Being in a bustling area, noise levels can fluctuate; however, well-insulated apartments generally provide a peaceful living environment.

Generally Moderate

9. Pet Friendliness

While some pets are allowed, there are restrictions on breeds and sizes, and the urban environment may not be ideal for all pet owners.

Somewhat Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Cafeterias Entertainment Events And Festivals Fitness Gym Fitness Center Pools Healthcare Hospital And Clinics Laundry Parks And Beach Restaurant Bars Shopping Centers And Malls Sports Park And Ground Supermarket And Groceries
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Reviews

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Local Information

Buy:

200K AED - 800K AED

Rent:

20K AED - 80K AED

To Shaksy Villas, Jumeirah Village Circle

32 Minutes

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