DAMAC Properties
Shoreline By Damac
Shoreline by Damac, Al Marjan Island, Ras Al Khaimah
From AED 1,830,000
- Payment plan70/30
- HandoverQ3 2028
- Units1–5 BR · Apartments, townhouses
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.
Overview
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
Gallery
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 109,400 |
| Construction instalments | 60% | 328,200 |
| Handover payment | 20% | 109,400 |
| Total | 100% | 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 type | Size (sq ft) |
|---|---|
| 1 bedroom | 646 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1077 |
Location
Investment
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

Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
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.
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.
Handover is expected in Q4 2026. Completion dates can move, so check the developer's latest construction update before you plan around it.
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.
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.
ELO is developed by DAMAC Properties. See the developer page for their other projects in Dubai.
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for ELO.
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Ask about availability, the payment plan or resale rules.