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Off-plan

ELO

DAMAC Hills 2, Dubai by DAMAC Properties Handover Q4 2026

ELO is an off-plan apartments development by DAMAC Properties in DAMAC Hills 2, Dubai, with homes from AED 547,000 on an 80/20 payment plan and handover expected in Q4 2026. 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 547,000

Overview

Apartments in DAMAC Hills 2.

ELO at Damac Hills 2 presents a distinctive blend of modern living and natural tranquility, developed by Damac Properties offering 1 & 2-bedroom apartments. Nestled within Dubai's vibrant community, it features two towers with 14 levels each, housing meticulously crafted residences. These contemporary living spaces boast superior finishes and expansive layouts, providing residents with both elegance and comfort.

With its prime location, the development ensures convenient access to four highways, including the Al Qudra Road, facilitating seamless connectivity to key landmarks and destinations. Despite its proximity to the city, it offers residents a serene escape from the bustling urban life, surrounded by lush parklands and recreational amenities. From the community's Malibu Beach and wave surfing simulator to its lazy river and multi-sports facilities, residents can indulge in a variety of leisure activities without ever leaving home.

The flexible payment plans and great return on investment make it an attractive option for both first-time buyers and seasoned investors. Whether you're seeking a cozy first home or a lucrative investment opportunity, it promises exceptional value and luxury living. With its amenities and convenient location, the newly launched façade sets a new standard for urban living in Dubai.

Details

Key facts.

Area
DAMAC Hills 2, Dubai
City
Dubai
Starting price
AED 547,000
Status
Off-plan
Handover
Q4 2026
Property types
Apartment
Unit types
1–2 BR
Payment plan
80/20
Golden Visa
Below AED 2M from-price

Payment plan

80/20, paid in 3 steps.

80% before handover20% on handover
  1. 120%Down paymentOn booking
  2. 260%Construction instalmentsDuring construction
  3. 320%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%109,400
Construction instalmentsDuring construction60%328,200
Handover paymentOn handover20%109,400
Total100%547,000

*Worked example on the starting price of AED 547,000. 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 bedroom646
Unit typeSize (sq ft)
2 bedrooms1077

Location

In DAMAC Hills 2.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 547,000
Paid before handover
AED 437,600 (80%)
Due on handover
AED 109,400 (20%)
DLD registration (4%)
AED 21,880 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?

Homes at ELO start from AED 547,000 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?

DAMAC Properties offers an 80/20 payment plan: 80% during construction and 20% 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?

Handover is expected in Q4 2026. 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?

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 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?

ELO 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?

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

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