JRE · Joshi Real Estate
Elo Damac
On saleDAMAC

Elo Damac

Damac Hills 2, Dubai
From
AED 1,369,000
Handover
DEC 2026
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The Project
From
AED 1,369,000
Status
On sale
Handover
DEC 2026
Size
981–1,033 sqft
Residences
12
Construction
13% complete
Furnishing
no
Service charge
14 AED/sqft
Buildings
1

Elo by DAMAC sits within Damac Hills 2, the developer's sprawling residential township in Dubai's southern corridor, and offers a small collection of two-bedroom apartments scheduled for handover in December 2026.

# A Single Building in a Suburban Township

Damac Hills 2 occupies a position well south of the city's older commercial spine, along the Al Qudra corridor. The community is DAMAC's second large-scale masterplan in Dubai, positioned as a lower-density alternative to its predecessor, with open land, recreational infrastructure, and a pace that reads as distinctly suburban rather than urban. Elo is one building within that broader framework, currently at roughly 13 per cent construction completion.

The project is compact by the standards of the district. Twelve units in a single structure makes this one of the smaller releases in the community, which gives it a tighter, more contained character than the large cluster developments more typical of the area.

# Two-Bedroom Apartments Across a Narrow Size Band

Every unit in Elo carries two bedrooms. Sizes run from approximately 981 square feet to 1,044 square feet, a range narrow enough that buyers are essentially choosing between configurations rather than meaningfully different scales of home.

Pricing sits between AED 1,369,000 and AED 1,481,000, which places the per-square-foot cost at roughly AED 1,390 to AED 1,480 depending on the specific unit. The developer's original copy references natural wood finishes and quality fittings throughout, with kitchens supplied equipped. No further specification detail has been confirmed through verified sources.

The apartments are unfurnished, which is standard for the mid-market tier in Dubai's off-plan segment. Buyers furnishing independently retain full control over fit-out quality.

# What the Community Provides

No amenity list has been formally confirmed for Elo at the time of writing. Damac Hills 2 as a master community does carry its own leisure and retail infrastructure, including water-based attractions, sports courts, and open green space, though access terms and proximity to any specific building vary. Buyers should treat community-level amenities as distinct from anything building-specific until verified.

Service charges are registered at AED 14 per square foot annually, which on a 1,000-square-foot unit translates to approximately AED 14,000 per year. That figure is worth factoring into any yield calculation from the outset.

# Position in the Dubai Off-Plan Market

Elo occupies a price point that sits comfortably below the AED 2 million threshold that many international buyers treat as an entry filter for Dubai residential property. For buyers from the UK, Europe, and parts of Asia considering a first Dubai acquisition, that pricing makes it a relatively accessible position in a freehold zone.

The trade-off is geography. Damac Hills 2 is not walking distance from anything that resembles a city centre, and buyers relying on public transport will find options limited compared to more central districts. The market for this type of product is primarily owner-occupiers seeking space and community infrastructure over urban density, and investors targeting the long-term rental demand that has followed the township's growing population.

With completion set for December 2026 and construction at early stages, buyers are committing to a horizon of roughly two and a half years. DAMAC's escrow account is registered under number 0205542593322, in line with Dubai Land Department requirements.

The Homes

Residences

12 unit configurations available at Elo Damac.

2 BR
sqft
Size
1,029
Price (AED)
AED 1,405,000
Price (USD)
$382,573
2 BR
sqft
Size
981
Price (AED)
AED 1,369,000
Price (USD)
$372,770
2 BR
sqft
Size
986
Price (AED)
AED 1,397,000
Price (USD)
$380,394
2 BR
sqft
Size
1,022
Price (AED)
AED 1,448,000
Price (USD)
$394,281
2 BR
sqft
Size
1,005
Price (AED)
AED 1,459,000
Price (USD)
$397,277
2 BR
sqft
Size
1,033
Price (AED)
AED 1,480,000
Price (USD)
$402,995
2 BR
sqft
Size
1,033
Price (AED)
AED 1,481,000
Price (USD)
$403,267
2 BR
sqft
Size
1,005
Price (AED)
AED 1,459,000
Price (USD)
$397,277
2 BR
sqft
Size
998
Price (AED)
AED 1,478,000
Price (USD)
$402,450
2 BR
sqft
Size
1,044
Price (AED)
AED 1,376,000
Price (USD)
$374,676
2 BR
sqft
Size
1,044
Price (AED)
AED 1,376,000
Price (USD)
$374,676
2 BR
sqft
Size
999
Price (AED)
AED 1,358,000
Price (USD)
$369,775
Structure

Payment plan

Payment Plan
  1. Step 1
    20%
    On booking
  2. Step 2
    50%
    During construction
  3. Step 3
    30%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking20%AED 273,800
During construction50%AED 684,500
Upon Handover30%AED 410,700
Total100%AED 1,369,000
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Setting

Location

Set in Damac Hills 2, Dubai. Explore more in our Damac Hills 2 guide.

Resources

Documents

Escrow number
0205542593322
Service charge
14 AED/sqft
Furnishing
no
Construction start
2024-07-04
Construction end
2026-12-31
Residences
12
Buildings
1
Readiness
13%
Buildings
  • 2 Towers

    1 & 2BR Apartments with Spacious Balconies

Parking
  • 2 BR apartment1 space
  • 1 BR apartment1 space
Questions

Frequently asked

Who is the developer of Elo Damac?+

DAMAC

Where is Elo Damac located?+

Elo Damac is located in Damac Hills 2, Dubai, United Arab Emirates.

When is Elo Damac handing over?+

Handover is scheduled for DEC 2026; the project is 13% complete.

What is the price of Elo Damac?+

Prices at Elo Damac currently range from AED 1,369,000 to AED 1,481,000.

Is Elo Damac registered with escrow?+

Yes, Elo Damac has escrow number 0205542593322 with the Dubai Land Department.

Enquire about Elo Damac

Request brochure, availability or a viewing.

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