Elegance Tower rents
- 16 new leases and 13 renewals in 12 months
- 296 units
- Downtown Dubai
- near Burj Khalifa / Dubai Mall Metro Station
A one-bed here leases for about AED 125,000 a year, 9% above the typical Downtown Dubai one-bed.
1 bed · typical new lease
125,000AEDa year
AED 114/sqft · -3.9% on a year
- A month, roughly
- AED 10,417
- Renewal
- AED 125,000
- vs Downtown Dubai 1 bed
- 9% above the median
- New leases, 12 months
- 15
What should a lease in Elegance Tower cost?A one-bed leases for about AED 125,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Downtown Dubai median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 3.9% less than a year earlier: AED 125,000 against 130,000.
Chart data, 1 bed: Aug 2011, AED 70,000; latest, Aug 2026, AED 118,750; peak, Feb 2026, AED 141,250.
29 contracts starting on or after 12 Oct 2025.
About Elegance TowerA 30-floor tower in Downtown Dubai, a 10-minute drive from DIFC
Elegance Tower is an apartment building completed in 2026 by Pathfinder in Downtown Dubai. 29 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 30
- Lifts
- 6
- Parking bays
- 306
- Pools
- 1
- Master developer
- Pathfinder
Drive times · typical
- Downtown
- 13 min · 3.4 km
- DXB Airport
- 15 min · 14 km
- DIFC
- 10 min · 6.3 km
- Dubai Marina
- 21 min · 22 km
- Palm Jumeirah
- 27 min · 27 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Elegance Tower?10% of units here signed a yearly lease in 12 months, below the Downtown Dubai median
- Units on a yearly lease
- 10%Watch
- Downtown Dubai median 27%; top tenth from 64%
Ejari leases to 12 Oct 2026
Thinking of selling? Elegance Tower sale prices →Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Elegance Tower places 50th of 63; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Elegance Tower.
At 1 bed, Elegance Tower ranks 50th of 59 by rent per square foot and 28th of 43 by gross yield in Downtown Dubai.
Market context in Downtown Dubai
Registered sales activity
1,759 ready apartment sales in the 12 months to 2026-10-12.
+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.
Explore sales activityPlanned apartment projects
2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.
Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.
New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Downtown Dubai
Prices per sq ft around Elegance Tower, on the mapPrices per sq ft around Elegance Tower, on the map
Grande
Downtown Dubai · 319 contracts, 12 months
190,000
AED a year median · 174/sqft
The Address Residences Dubai Opera T2
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
The Address Residences Dubai Opera T1
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
Forte T1
Downtown Dubai · 285 contracts, 12 months
175,000
AED a year median · 153/sqft
Ask about Elegance Tower
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Common questions
- What is the registered annual rent for a 1 bedroom in Elegance Tower?
- The median new annual rent is AED 125,000, from 15 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Elegance Tower risen or fallen?
- The median new annual rent changed -3.9% in the trailing 12 months against the previous 12, using 15 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in Elegance Tower?
- 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 15 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Elegance Tower?
- Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Elegance Tower?
- Elegance Tower returns 5.5% gross: a median new-contract rent of AED 125,000 a year (15 Ejari contracts in 12 months) over a price benchmark of AED 2.29M (median of 4 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
For agents
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Elegance Tower rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 1 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/downtown-dubai/elegance-tower
Cite as: Dubai Wealth Index. “Elegance Tower rents and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/downtown-dubai/elegance-tower
Stable dataJSON