Developer : DAMAC Properties Location : DAMAC Hills 2, Dubai Property Types : 1 and 2-bedroom apartments Starting Price : AED 750K (Approx. USD 204,000) Unit Sizes : From 525 sq. ft. to 1,100 sq. ft. Payment Plan : 70/30 | 20% Down Payment | 30% on Handover (Q4 2026) Expected Handover : Q4 2026 Starting Rental Income : AED 37,000 annually (USD 10,000) Ownership : Freehold – open to foreign investors ELO at DAMAC Hills 2 is a newly launched residential development by DAMAC Properties , offering a stylish collection of 1 and 2-bedroom apartments . Designed for modern living with a strong connection to nature, this twin-tower project features 14-storey buildings with panoramic park views and bright, open interiors . Each unit comes with a spacious balcony , natural light-filled spaces , and high-quality finishes crafted with elegance and comfort in mind. Located in DAMAC Hills 2 , one of Dubai’s fastest-growing communities, ELO presents a perfect balance between tranquility and urban accessibility. With lush greenery , resort-style amenities , and close proximity to major highways like Al Qudra Road , residents enjoy peaceful surroundings without compromising city connectivity. Each apartment is designed with open-plan layouts , fitted kitchens , and elegant finishes , ensuring a premium lifestyle experience. ELO is more than just a residence; it’s a lifestyle destination offering a full range of leisure and wellness features: Infinity Pool with Bar – Relax with panoramic views and refreshments Outdoor Cinema – Watch movies under the stars Children’s Play Area – Safe and fun for kids Climbing Wall – Active and adventurous recreation BBQ Area – Socialize and dine outdoors Modern Gym – Fully equipped fitness center The community is designed to promote well-being, social interaction , and active lifestyles , with lush green spaces and engaging communal zones. Affordable Entry Price : Starting from AED 750,000 makes ELO accessible to both end-users and investors. Attractive ROI : Potential rental yield of 8.1% or higher, supported by rising demand in DAMAC Hills 2. Flexible Payment Plan : 70/30 structure, with only 20% due as a booking fee and 30% at handover. Freehold Ownership : Open to international investors with eligibility for long-term UAE residency visas. Strategic Location : Quick access to Dubai’s key landmarks via Al Qudra Road and other major highways. Vibrant Community Amenities : Proximity to Water Town, golf courses, fitness studios, Zen gardens, and family-friendly attractions. Damac Hills 2 is a master-planned residential community in Dubai offering a blend of luxury, wellness, and convenience. Surrounded by green landscapes and recreational attractions, the area includes: Wave Pool & Water Slides – Family fun and relaxation Lazy River & Fishing Lake – Nature-themed leisure Paintball Park & Dance Studio – Entertainment for all ages Zen Garden & Sports Courts – Mind-body balance The community’s design promotes relaxed urban living , appealing to both families and professionals seeking a nature-rich environment with easy access to city life. This flexible 70/30 payment plan makes ELO a smart and stress-free investment for both first-time buyers and seasoned investors. Who is the developer of ELO? DAMAC Properties, one of Dubai’s leading luxury real estate developers. Where is ELO located? ELO is located within the green master community of DAMAC Hills 2, Dubai. What property types are available? 1-bedroom and 2-bedroom apartments ranging from 525 sq. ft. to 1,078 sq. ft. When is the handover of ELO? Q4 2026. What is the payment plan? 70/30 with a 20% down payment, 50% during construction, and 30% at handover. Is ELO open to international buyers? Yes, it is a freehold property available to both UAE residents and foreign nationals. Can I apply for a UAE visa by purchasing property in ELO? Yes, eligible buyers may apply for a long-term residence visa. Is ELO a good investment opportunity? Yes. With an affordable starting price, high ROI, and growing demand, ELO is considered a solid real estate investment in Dubai.
