The 24 year-old actress and model wears a John Galliano dress and super-sexy Donna Karan thigh high suspenders for her first cover with the magazine. The star of Fifty Shades would, wouldn't she?
In her interview, she talks about her upcoming role in next year's movie and reveals all about growing up in a famous family. Her rents are actors Don Johnson and THE Melanie Griffith FYI.
The shoot, styled by Elle's Creative Director Joe Zee and photographed by Carter Smith, sees the American girl sport a whole lot of designer garb.
From the dreamy embellished Burberry Prorsum trench to the bandeau top by Jason Wu and Missoni pencil skirt. The lady looks ridiculously good.
"I don't have any problem doing anything. The secret is I have no shame."
When it comes to the novel itself, Dakota said: "Reading the book, I found myself more interested in the ways they were breaking each other down emotionally than the sex scenes.
"I think there's a part of a woman that wants to be the thing that breaks a man down."
Read the full interview and check out Dakota's siren style when the issue hits newsstands on 18 February (the digital edition will be available to download on 11 February!)