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 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.
Overview
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
Gallery
Amenities
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 115,400 |
| Construction instalments | 50% | 288,500 |
| Handover payment | 30% | 173,100 |
| Total | 100% | 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 type | Size (sq ft) |
|---|---|
| 1 bedroom | 525 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 832 |
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 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.
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.
Handover is expected in Q2 2027. 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 2 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 2.
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Speak to us
Ask about availability, the payment plan or resale rules.