ELO at Damac Hills 2 Dubai

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.