Developer: Damac Properties · Damac Hills 2

Elo 2

Elo 2 is a residential project by Damac Properties in Damac Hills 2, Dubai, with prices from AED 577 000, handover Q2 2027, 353 units, 493 DLD-registered sales since 2014.

Price fromAED 577 000Developer supplied
HandoverQ2 2027Developer supplied
Units353Developer supplied
DLD sales493 since 2014DLD registry
Median sale priceAED 9 435/m²Our calculation
Mortgage~AED 2 440/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Residence types

  • Townhouse 12-E
  • Townhouse 12-M

Payment plan 70/30

The purchase price is split into these stages.

120%Down payment
250%During construction
330%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 577 000 AED is 2 436 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

  • Construction started01.01.2015
  • HandoverQ2 2027
  • Escrow bankADIB
  • DLD project number1548, 1549, 1550, 1577, 1578, 1595, 1599, 1600, 1621, 1622, 1623, 1624, 1640, 1647, 1648, 1675, 1712, 1767, 1794, 1803, 1821, 1839, 1840, 1861, 1866, 1943, 2070, 2184, 2293, 2357, 2543, 2548, 2730, 2734, 2735, 2995, 3122, 3199, 3222, 3288

Data from the Dubai Land Department project registry.

Registered transactions in Elo 2

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

493deals since 2014
9 435AED per m², median
100%resale, the rest bought from the developer
+19%over the past year
5.2%gross rental yield

How the price per square metre moved

From 2022 to 2025 — +39% on the price per square metre in this building.

9 4352014——
9 4352015——
9 1532016——
9 1532017——
7 60320213714.9%
7 54020223714.9%
8 06620234435.5%
9 58220245145.4%
10 49820255885.6%
11 8422026*6215.2%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Elo 2 worth?

DLD has recorded 493 sales in this building since 2014, 493 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.

Amenities

  • Malibu Beach
  • Football facilities
  • Petting Farm
  • Rabbit area
  • Padel tennis court
  • Floating Cinema
  • Private garden
  • Wave simulator
  • Lazy river
  • Wave pool
  • Splash pad
  • Water slides
  • Yoga area
  • Zen Garden
  • Outdoor Cinema
  • Butterfly Garden
  • Fishing Lake
  • Bird Enclosure
  • Picnic Park
  • Dance Studio
  • Outdoor gym
  • Cricket pitch and nets
  • Tennis courts
  • Padel tennis courts
  • Volleyball court
  • Basketball court
  • Paintball Arcade
Elo 2

About the project

Elo 2 is a project by Damac Properties in Damac Hills 2. The development sits within a master-planned residential community in the southern sector of Dubai Land. Damac Hills 2 includes villa clusters, townhouse communities and apartment buildings across its wider masterplan.

Elo 2 in Damac Hills 2

Elo 2 is located in Damac Hills 2, a Damac Properties community in south Dubai Land. The wider neighbourhood was launched as a continuation of the Akoya and Akoya Oxygen concept. Its masterplan combines low-density villa clusters with leisure and amenity areas, and it includes multiple named clusters and sub-communities. Housing across Damac Hills 2 is primarily villa-led, with townhouses and apartment buildings also introduced in different clusters. Internal roads have been constructed across the community, and several residential clusters have been handed over since the first completions.

The wider residential community

Damac Hills 2 is organised into numerous plant-named clusters and sub-communities. Selected communities within the wider masterplan include The Farmhouses, Verona, Park Greens, Odora, Natura, Violet, Acuna, Centaury, Janusia, Trixis, Sycamore and Coursetia. The community includes both completed residential areas and clusters where work continues. Apartment buildings within the development were described as approaching completion in the most recent community notes. Elo 2 is one of four projects identified within Damac Hills 2, alongside Navitas, Elo 3 and Damac Evergreens.

Leisure and outdoor facilities

Damac Hills 2 includes water-based leisure zones, sports facilities and a bird aviary as part of its wider amenity offering. Facilities associated with the community include Malibu Beach, a lazy river, wave pool, wave simulator, water slides, splash pad and floating cinema. Outdoor and sports facilities include football facilities, cricket pitches and nets, tennis courts, padel tennis courts, volleyball and basketball courts, an outdoor gym, a dance studio and a paintball arcade. Other listed spaces include a Zen Garden, Butterfly Garden, Fishing Lake, Picnic Park, Petting Farm, rabbit area and bird enclosure.

Road access and the surrounding area

Road connections are the principal form of access for Damac Hills 2 residents and visitors. The community is accessed via Al Qudra Road and has access to four major highways. Public transport access is limited; Red Line station R73 is 22,710 metres from Damac Hills 2. Global Village is 12.0 km from the community, while Expo City Dubai is 24.1 km away. Burj Khalifa and Downtown Dubai are 25.6 km away, Dubai Mall is 25.5 km away, and Dubai International Airport is 29.3 km away.

Parks and schools nearby

Villanova Park 3 and Town Square Park are each 10.4 km from Elo 2. Villanova Community Park is 10.6 km away. GEMS FirstPoint School and The Aquila School are both 11.9 km away in The Villa. GEMS Metropole School Al Waha is 12.4 km away, and Fairgreen International School is 12.5 km away in The Sustainable City. The first three schools follow British curricula, while Fairgreen International School follows the IB curriculum.

Damac Properties

Damac Properties is the developer of Elo 2 and the master developer of Damac Hills 2. Founded in 1982, Damac Properties has been constructing real estate projects in the Middle East for over 20 years. Its operations also extend to Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom. Within Damac Hills 2, the developer has delivered residential clusters and continues work across several areas of the masterplan.

Frequent questions

Who is the developer of Elo 2?
Elo 2 is developed by Damac Properties.
Where is Elo 2 located?
Elo 2 is located in Damac Hills 2 in the southern sector of Dubai Land.
What is Damac Hills 2?
Damac Hills 2 is a master-planned residential community with villa clusters, townhouse communities and apartment buildings.
What leisure facilities are in Damac Hills 2?
The community includes water attractions, sports facilities, gardens, outdoor activity areas and a floating cinema.
How far is Global Village from Damac Hills 2?
Global Village is 12.0 km from Damac Hills 2.
What schools are near Elo 2?
GEMS FirstPoint School and The Aquila School are both 11.9 km away. GEMS Metropole School Al Waha is 12.4 km away.
How is Damac Hills 2 accessed?
Damac Hills 2 is accessed via Al Qudra Road and has access to four major highways.
How can I buy an apartment in Elo 2?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

Nearby projects

Get the presentation and prices

We will send floor plans, the payment plan and available units for this project.

By submitting the form you agree to the processing of your contact details.

Project data comes from the Dubai Land Department (DLD) registry.

For AI agents and researchers

Machine-readable mirrors of this page: Markdown · JSON. They carry the same figures as this page, each with its origin labelled.

How to cite:Elo 2 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/elo-2-damac-hills-2/