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Off-plan

ELO 2

DAMAC Hills 2, Dubai by DAMAC Properties Handover Q2 2027

ELO 2 is an off-plan apartments development by DAMAC Properties in DAMAC Hills 2, Dubai, with homes from AED 577,000 on a 70/30 payment plan and handover expected in Q2 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 577,000

Overview

Apartments in DAMAC Hills 2.

Elo 2 at Damac Hills 2 is the new development by Damac Properties epitomizing the modern urban living with a touch of tranquility offering a selection of 1 and 2-bedroom apartments. After the successful launch of the first phase, this newly addressed façade redefines luxury with its prime location, impeccable design, and amenities.

Strategically positioned, it ensures residents enjoy seamless connectivity to four major highways, including the Al Qudra Road, facilitating easy access to key landmarks and destinations across the city. Despite its urban accessibility, it provides a serene escape from the hustle and bustle, surrounded by lush parklands and recreational facilities.

The development is meticulously crafted to create a harmonious living environment, where residents can thrive in comfort and style. From the contemporary design of its residential tower to the lush greenery of its landscaped spaces, every aspect is thoughtfully considered to enhance the quality of life for residents.

Beyond its residential offerings, it boasts an impressive array of amenities, including a stunning Malibu Beach, wave surfing simulator, lazy river, and multi-sports facilities. With a supermarket for everyday convenience, gymnasium for fitness enthusiasts, and dedicated kids play areas, the development ensures that residents have everything they need for a life of luxury and leisure.

Details

Key facts.

Area
DAMAC Hills 2, Dubai
City
Dubai
Starting price
AED 577,000
Status
Off-plan
Handover
Q2 2027
Property types
Apartment
Unit types
1–2 BR
Payment plan
70/30
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Shared Gym
  • Shared Pool
  • Children's Play Area
  • Barbecue Area

Payment plan

70/30, paid in 3 steps.

70% before handover30% on handover
  1. 120%Down paymentOn booking
  2. 250%Construction instalmentsDuring construction
  3. 330%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%115,400
Construction instalmentsDuring construction50%288,500
Handover paymentOn handover30%173,100
Total100%577,000

*Worked example on the starting price of AED 577,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
1 bedroom525
Unit typeSize (sq ft)
2 bedrooms832

Location

In DAMAC Hills 2.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 577,000
Paid before handover
AED 403,900 (70%)
Due on handover
AED 173,100 (30%)
DLD registration (4%)
AED 23,080 verify
Golden Visa threshold
From-price is below AED 2M

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About DAMAC Properties.

Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
Projects on Sovereign
39
All projects by DAMAC Properties
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at ELO 2?

Homes at ELO 2 start from AED 577,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for ELO 2?

DAMAC Properties offers a 70/30 payment plan: 70% during construction and 30% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at ELO 2?

Handover is expected in Q2 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at ELO 2?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does ELO 2 qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of ELO 2?

ELO 2 is developed by DAMAC Properties. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for ELO 2?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for ELO 2.

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