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Damac Properties · DAMAC Hills 2

ELO

Handover Q4 2026Plan 20/60/20
Brochure
Starting price
AED 547K
From 1BR
Price / sqft
507
AED, derived from PropertyFinder unit data
Rental yield
7%
gross p.a., Damac Hills avg
Capital appreciation
+4%
to handover (1y)
Popularity
67/100
demand index

About this project

ELO is a residential development by DAMAC Properties in DAMAC Hills 2, offering one- and two-bedroom apartments designed for modern urban living. The project features twin towers with a clean white façade that complements the surrounding green landscape.

Location and Connectivity

Situated near Al Qudra Road and three other major highways, ELO provides direct access to key areas across Dubai while maintaining a quiet, park-side setting away from the urban core.

Amenities and Community

Residents have access to landscaped gardens, a shared swimming pool, a gymnasium, children's play areas, and barbecue facilities. The wider DAMAC Hills 2 community includes recreational options such as Malibu Beach with wave-surfing simulators, a Lazy River, multi-sports courts, cafes, restaurants, and a community supermarket.

Investment Overview

With completion scheduled for Q4 2026 and a starting price of AED 547,000, ELO targets buyers seeking affordable modern apartments in a family-oriented community with strong connectivity and resort-style amenities.

Landscaped Gardens
Gymnasium
Shared Pool
Children's Play Area
Barbecue Area
Wave-Surfing Simulator
Lazy River
Malibu Beach
Multi-Sports Courts
Fitness and Wellness Centers
Cafes and Restaurants
Community Supermarket
Public Parks
Open Spaces

Project facts

Government fee
4%
Property types
Apartment
Buildings
1
Expected completion
31 Dec 2026

Project timeline

  1. Booking started
    3 Jul 2024 · completed
  2. Construction Started
    4 Jul 2024 · completed
  3. Expected Completion
    31 Dec 2026

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

Who is developing ELO?
ELO is developed by DAMAC Properties, a major real estate developer in the UAE known for residential, commercial, and leisure projects.
When will ELO be completed?
ELO is scheduled for completion in December 2026.
Is ELO a good investment?
ELO offers accessible pricing starting at AED 547,000 for modern one- and two-bedroom apartments in a master-planned community. Its location near four major highways provides connectivity to Dubai, while the DAMAC Hills 2 setting includes green parklands and resort-style amenities. The combination of affordability, connectivity, and community facilities positions it for potential rental and resale demand.
What is the payment plan for ELO?
The payment plan requires 20% down payment at launch, 60% in installments during construction, and 20% on handover at project completion.
What is the starting price for ELO?
The starting price is AED 547,000.