ELO at Damac Hills 2 Dubai Summary
Starting From AED 547k
Property Type
Apartment
Unit Type
1 & 2 Bedroom
Size
525 to 1,078 Sq Ft.
Down Payment
20%
Payment Plan
80/20
Handover
Dec - 2026
Developer
Damac Properties
Overview

ELO at DAMAC Hills 2 is a standout residential development comprising two striking 14-storey towers. Built by the masters of luxury living, DAMAC Properties, ELO offers a collection of stylish 1 and 2-bedroom apartments, perfect for modern life.

Strategically located next to the vibrant Water Town, ELO at DAMAC Hills 2 provides residents with easy access to a wide range of water-based amenities, including a wave pool, lazy river, and exhilarating water slides. With an outdoor cinema for starry night movie marathons, a top-notch gym to keep you fit, a cool swim-up bar for lazy days, and even a climbing wall for the adventurous spirit – ELO offers a mix of fun and relaxation that's hard to beat.

As of Q1 2024, the rental market for DAMAC Hills apartments is desirable. The starting rental cost for a 1-bedroom apartment in DAMAC Hills 2 is AED 37K (USD 10K), with the average gross yield for this property type reaching an impressive 8.1%. For those considering investment, purchasing a property at ELO at DAMAC Hills 2 can be a lucrative opportunity. Apartments start at AED 547K, and buyers have the added advantage of securing a 2-year visa. Furthermore, those investing in properties worth at least AED 2M are eligible for the coveted 10-year Golden Visa, making ELO at DAMAC Hills 2 not just a home, but a smart investment in the future.

With its luxurious offerings and strategic location, ELO at DAMAC Hills 2 is set to become a premier choice for those seeking a vibrant and comfortable lifestyle in Dubai. Whether you dream of owning your slice of Dubai or simply looking for a stylish place to call home, ELO has something to offer. With a fantastic range of amenities and a prime location, it's not just a property; it's a lifestyle upgrade.

Key Points

  • ELO at DAMAC Hills 2 consists of two 14-storey towers offering a range of 1 and 2-bedroom apartments.
  • Situated in DAMAC Hills 2, next to Water Town, providing easy access to water-based amenities like a wave pool, lazy river, and water slides.
  • Features include a swim-up bar, gym, climbing wall, and outdoor cinema for a modern and active lifestyle.
  • The starting rental cost for a 1-bedroom apartment is AED 37K with an average gross yield of 8.1% as of Q1 2024.
  • Property purchases worth AED 2M or more grant eligibility for a 10-year Golden Visa.
  • Constructed by DAMAC Properties, a reputable developer known for high-quality residential projects in Dubai.

Payment Plan

20% Down Payment

On Booking Date

60% During Construction

1st to 29th Installment

20% On Handover

100% Compeletion
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    Payment Schedule

    Amenities

    IM Properties brings to you the Building Revolution. It all started with realistic appraisal of
    your living needs.

    Running Track

    Children's play area

    24x7 Security

    Landscape Garden

    Restaurant and Cafe

    Schools and Institutes

    Swimming Pool

    Fitness Center

    Features & Amenities at ELO Damac Hills 2

    ELO at Damac Hills 2 offers a luxurious lifestyle amidst the vibrant community of Damac Hills apartments. Residents can indulge in a range of world-class amenities, including a stunning swimming pool with a swim-up bar, a state-of-the-art gym, and a dedicated climbing wall. Families will appreciate the kids’ play area and outdoor cinema, perfect for creating unforgettable memories. Beyond the tower, the wider Damac Hills 2 community boasts expansive parklands, a Malibu beach, wave surfing simulator, and multi-sports facilities, ensuring endless opportunities for relaxation and recreation.

    Developer Overview

    Established in 2002, Damac Properties is a global real estate developer renowned for its exceptional portfolio of luxury residential, commercial, and hospitality projects. With a strong presence in the United Arab Emirates and an expanding global footprint, Damac has redefined luxury and sophistication. The company’s commitment to delivering unparalleled quality, innovative design, and impeccable service has established it as a leading force in the luxury real estate market. From iconic skyscrapers to exclusive villas, Damac Properties consistently exceeds expectations, offering residents and investors a truly extraordinary lifestyle experience.

     

    ELO at damac hill2 residential building

    Location Overview

    ELO Damac Hills 2 is strategically located in the vibrant community of Damac Hills, offering residents a perfect blend of tranquility and accessibility. The property enjoys proximity to essential amenities and attractions, making daily life convenient and enjoyable.

    Within a 15-minute radius, residents can easily reach the Dubai Outlet Mall for retail therapy, First Avenue Mall for dining and entertainment, and Aster Medical Centre for healthcare needs. For comprehensive medical care, NMC Royal Hospital is approximately 25 minutes away.

    Leisure and hospitality are well catered to with the Radisson Dubai Damac Hills just 10 minutes away. For international travel, Al Maktoum International Airport is accessible within 30 minutes, while for a world-class shopping experience, the Mall of the Emirates is a 30-minute drive.

    The community is well-connected to major roads, ensuring seamless commuting. Residents can easily access the Emirates Road and other key thoroughfares, providing convenient access to different parts of Dubai.

    overview of master plan of damac hills 2

    Address

    Damac Hills 2 

    Key transport

    • Burj Al Arab: 15 min
    • Jumeirah Beach: 10 min
    • Dubai International Airport: 15 min
    • The Dubai Mall: 5 min

    ELO's Investment Promise

    ELO’s Investment Promise is compelling, offering exceptional returns and lucrative opportunities. With starting prices in an attractive 547K, ELO presents an ideal entry point into Dubai’s thriving real estate market. Moreover, the property’s strategic location within Damac Hills 2 ensures strong rental demand and capital appreciation. Investors can anticipate an impressive ROI of 8.1%, making ELO a standout investment choice for those seeking substantial returns and long-term financial growth.

    FAQs

    The starting price for a unit at ELO Damac Hills 2 is 547K.

    Investors can anticipate an impressive ROI of 8.1%.

    ELO Damac Hills 2 offers a range of world-class amenities including a swimming pool, gym, kids’ play area, and more.

    The expected handover date is Q4 2026

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