Downtown Dubai prices
DAMAC homes in Downtown Dubai currently start at AED 3.15M, across 1 projects still selling from the developer. Each figure below is the project's current starting price. The price of a specific unit depends on size, floor and view.
- Prices from
- AED 3.15M
- Up to
- AED 3.15M
- Projects selling
- 1
- Home types
- 2 Bedroom
- Handover
- 2026
Price by project
| Project | From | Homes | Handover | Status |
|---|---|---|---|---|
| Elegance Tower | AED 3.15M | 2 Bedroom | Q4 2026 | Under construction, handover Q4 2026 |
Rent and running costs
Comparable homes in Downtown Dubai have been letting at an indicative gross yield of 5% to 6.5%. Highest rents per sq ft, but purchase prices have risen faster than rents, which compresses the yield.
These are indicative gross yield ranges for comparable homes in the open market, not forecasts, projections or guarantees. Gross yield is annual rent divided by purchase price; it does not deduct service charges, agency or management fees, maintenance, vacancy or DLD costs, which together typically take 1 to 2 percentage points off the gross figure. Rents and prices move. Confirm any figure against current listings and your own numbers before you buy.