DAMAC ELO
- AVA001117DAMAC ELO, DAMAC Hills 2, Dubailand, Dubai, United Arab Emirates
DAMAC ELO
- AVA001117DAMAC ELO, DAMAC Hills 2, Dubailand, Dubai, United Arab Emirates
DAMAC ELO is a contemporary residential development by DAMAC Properties set within DAMAC Hills 2, a thriving master community in Dubailand, Dubai. Inspired by the sleek curves of a modern sculpture, ELO is composed of two connected towers that cascade down with private outdoor spaces, rising over a Ground + Podium parking structure to a level-14 crown. The development offers 1 and 2 bedroom apartments with spacious balconies, floor-to-ceiling glazing and impressive views of the surrounding lush parklands. A Level 1 amenity deck brings together a swimming pool with a swim-up pool bar, changing rooms, a gym, wall climbing, an outdoor cinema, a BBQ area, aqua sports and a dedicated kids play area. Residents also enjoy the wider DAMAC Hills 2 lifestyle: a water town (Malibu Bay) with a wave pool, lazy river and water slides just 2 minutes away, supermarkets and cafes within 6 minutes, a medical centre nearby, and world-class community amenities within lush parklands. Connected to four major highways via Al Qudra Road, ELO places the city within easy reach - roughly 6 minutes to the Saudi German Clinic, 13 minutes to The Sevens Stadium, 25 minutes to Global Village and 30 minutes to Al Maktoum International Airport (DWC). Flexible payment plans are offered - a 70/30 launch plan and an 80/20 regular plan, each with a 20% deposit and 4% DLD payable in addition - with anticipated completion in December 2026.
Property Details
- Micro-market
- DAMAC Hills 2
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 526 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 1 BHK | - | ₹1.42 Cr | Under Construction | |
| 2 BHK | - | ₹2.13 Cr | Under Construction |
Amenities
Indoor
- Gym
- Wall Climbing
- Changing Rooms
Outdoor
- Swimming Pool
- Swim-up Pool Bar
- Kids Play Area
- Outdoor Cinema
- BBQ Area
- Aqua Sports
- Spacious Private Balconies
Other
- Views of Lush Parklands
- DAMAC Hills 2 Water Town (Wave Pool, Lazy River & Water Slides) - 2 minutes away
- Supermarket & Cafes Nearby
- Medical Centre Nearby
Property Information
- Community: DAMAC Hills 2, Dubailand, Dubai
- Project Name: DAMAC ELO
- Listing Price: ₹1.42 Cr
- List Date: Sep 16, 2026
- Listing ID: AVA001117
- Status: Under Construction
- Construction Type: Twin-tower residential development (G + podium + 14 floors) with 1 & 2 bedroom apartments at DAMAC Hills 2
- Security: 24/7 security
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
- RERA Number
- 1826425851
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Off-plan DAMAC apartments (DAMAC Hills 2). From developer Unit Price List: 1BR 547,000 (headline, ~526 sqft) / 2BR 818,000. Handover Q4 2026. 70/30 launch + 80/20 regular plans, 4% DLD, 0% property tax
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
Location
DAMAC ELO, DAMAC Hills 2, Dubailand, Dubai, United Arab Emirates
- Airport: Dubai International Airport (DXB) - 45 km
- Airport: Al Maktoum International Airport (DWC) - 35 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 8.8 / 10 | Al Marmoom Heritage Village | Cultural and historical complex | Afternoon and evening | 15.8 km |
| 8 / 10 | Global Village | Theme park | Evening | 14 km |
| 9 / 10 | Dubai Miracle Garden | Botanical garden | October to April | 11 km |
| 9 / 10 | Dubai Autodrome | Motorsports attraction | During a scheduled motorsport event | 24 km |
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.