Elegance Tower
- Completed 2026
- 30 floors
- 6 lifts
- 306 parking bays
- 1 pool
- Master developer Pathfinder
A 2 bed in Elegance Tower costs a median AED 2.48M and rents long-let for AED 139,466/yr.
2 bed · typical price
2.48MAED
AED 2,280/sqft · -10.3% on a year
- Rent a year
- AED 139,466
- vs Downtown Dubai
- 7% below the median
Cost to buy, all inAED 2.63M
- Price
- AED 2.48M
- DLD fee 4%
- AED 99,040
- Agent 2% + VAT
- AED 51,996
- Trustee
- AED 4,200
Fees repaid by rent13 months
Is Elegance Tower a good investment?The rent pays below the Dubai median, few units are let, prices are slipping and few units change hands
- Does it pay a good rent?5.2% gross, before the service charge (not on file) (Dubai median 6.8%)5.2%Watch
- Is it easy to let?10% of units signed a yearly lease in 12 months; the typical Downtown Dubai building manages 27%10%Watch
Downtown Dubai median 27% · top tenth from 64%Elegance Tower · 10% Across 28 Downtown Dubai buildings with 40 or more units, the median signed annual leases on 27% of units in 12 months and the top tenth on 64% or more; Elegance Tower is at 10%.
- Are rents going up?New leases: AED 130,000 a year ago, AED 127,500 now-1.9%Fair
- Are prices going up?2 bed: AED 2,541/sqft a year ago, 2,280 now-10.3%Watch
- How fast do fees pay back?AED 155,236 in fees to buy a 2 bed; rent covers it in 1.1 years1.1 yrs
- Can I sell easily?9 sales in 12 months, 3% of the tower (14 the year before)9Watch
- Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
- Did earlier buyers gain?Launch buyers still 4% down, before fees-4.0%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Elegance Tower prices and rents by unit typeA two-bed costs about AED 2.48M and rents for about AED 139,466 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Downtown Dubai · area median AED 2,458/sqft
- 12-month change
- -10.3%
- 3 years
- -7.3% · -2.5%/yr
- vs area median
- -7.3%
- Rank by price per sqft
- 53rd of 81
Rental income
2 bed · Downtown Dubai
- Median new rent
- AED 139,466/yr
- Yield rank, all unit types
- 10th of 21
- Renewal rent
- AED 172,930/yr
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 2 bed: Dec 2022, AED 2,731,250; latest, Jul 2026, AED 2,558,250; peak, May 2025, AED 3,123,000. Rent on new leases: Aug 2013, AED 122,125 a year; latest, Jul 2026, AED 139,466.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,465 · before fees
- Launch, 2022–26
- 2,568
- −4%
- 280 sales
- 3 years ago
- 2,570
- −4%
- 239 sales
- Previous 12 months
- 2,557
- −4%
- 14 sales
- Last 12 months
- 2,465
- today
- 9 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. Elegance Tower places 54th of 116; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Elegance Tower (AED 2,465/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Elegance Tower has registered sale prices 7% below the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 53rd of 81 by price per square foot 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.
About Elegance Tower
Elegance Tower is an apartment building completed in 2026 by Pathfinder in Downtown Dubai. 311 sales are registered with the Dubai Land Department.
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
Elegance Tower: AED 2,465 per sq ft, level with the median Downtown Dubai building, and a 5.2% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Elegance TowerAED 2,465
- Downtown Dubai, readyAED 2,665
- Downtown Dubai, off-planAED 3,819
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Elegance TowerDowntown Dubai median building
- Downtown Dubai5.2% vs 5.2%
Nearby in Downtown Dubai
Prices per sq ft around Elegance Tower, on the mapPrices per sq ft around Elegance Tower, on the map
Binghatti Skyblade
Downtown Dubai · 472 sales, 12 months
1.97M
AED, resale median · 3,909/sqft
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
Imperial Avenue
Downtown Dubai · 65 sales, 12 months
3.18M
AED, resale median · 2,385/sqft
Grande
Downtown Dubai · 61 sales, 12 months
5.45M
AED, resale median · 3,539/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Elegance Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 11,010AED
- 4.5% over 25 years
- Monthly rent
- 11,622AED
- AED 139,466 a year
- Cash needed at purchase
- 678,196AED
- 20% down plus AED 182,996 in fees
Owning costs AED 474,319 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about Elegance Tower
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the rental yield in Elegance Tower?
- No gross yield is published for Elegance Tower as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 5 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales. The Downtown Dubai median is 5.5% gross.
- How much does a 2 bedroom in Elegance Tower cost?
- The median registered sale price is AED 2.48M (2,280 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Elegance Tower risen or fallen?
- Median price per square foot moved -10.3% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a 2 bedroom in Elegance Tower?
- The median new annual rent is AED 139,466, from 1 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.
- How many apartments change hands in Elegance Tower?
- 5 sales were registered with the Dubai Land Department in the last 12 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Elegance Tower sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 5 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/downtown-dubai/elegance-tower
Cite as: Dubai Wealth Index. “Elegance Tower sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/elegance-tower
Stable dataJSON