ELO in Damac Hills 2: Apartments from AED 547,000
ELO is a residential apartment project by Damac Properties, located within Damac Hills 2, one of the developer's large-scale master-planned communities in Dubai. Construction started in July 2024, making this an active build rather than a pre-launch announcement. The project delivers one- and two-bedroom apartments in a suburban community setting at pricing that sits well below most central Dubai addresses.
Location and What It Means in Practice
Damac Hills 2 sits in the outer reaches of Dubai, roughly 30 to 40 minutes from the city center depending on traffic. The community trades central access for space, green surroundings, and pricing that is significantly lower than comparable unit sizes near Downtown or the Marina. Buyers who prioritize square footage and a quieter suburban environment over a short commute will find the location a straightforward trade-off.
For investors, the area draws renters who want community infrastructure at a price point that keeps yields in the picture. ELO sits within the broader Damac Hills 2 master development rather than in a sub-district with its own established street identity. That placement matters when reading the long-term capital appreciation story against older or more centrally located Dubai addresses.
From AED 547,000 to AED 818,000: Two Buyer Profiles
The price spread here reflects a clean split between bedroom categories rather than premium floors or views.
At AED 547,000, you are getting a one-bedroom unit between 525 and 646 sq ft. These are compact apartments suited to single occupants, young couples, or investors targeting the rental market in a price-accessible community setting.
At AED 818,000, the product shifts to two-bedroom units running from around 775 sq ft to just over 1,078 sq ft across multiple layouts. The per-square-foot cost across both tiers sits in a similar band, so the price difference tracks almost entirely with bedroom count. Buyers comparing layouts within the same category will find the variation driven by floor plan shape rather than a pricing premium for a specific position in the building.
Apartments Only
ELO is a pure apartment project. There are no villas or townhouses within this development. Buyers looking for a landed property in Damac Hills 2 will need to look at other projects in the community. For apartment buyers, the offering spans multiple layout types within each bedroom category, giving reasonable flexibility on size and configuration.
Amenities
| Category | Facility |
|---|---|
| Outdoor | Landscaped Gardens, Barbecue Area |
| Fitness | Gymnasium |
| Shared Recreation | Shared Pool, Children's Play Area |
The amenity set is compact and practical. The combination of a children's play area, barbecue space, and shared pool points clearly to a target resident profile of families and couples rather than a professional-bachelor demographic. The gymnasium rounds out the basics. The set is not deep, but it covers what a buyer in this price band and community type would reasonably expect.
Completion: December 2026
Construction started in July 2024 and the expected handover date is December 2026. For a buyer considering ELO now, that leaves roughly 18 months of remaining build time. The project is an active construction site, not a paper plan.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 60% |
| At handover | 20% |
The 20% down payment is in line with standard Dubai off-plan practice. The construction installment of 60% spreads across the build period running to December 2026, with the remaining 20% due at handover. The structure is conventional and predictable, which makes cash-flow planning for this one straightforward compared to projects with more complex installment ladders.