Skip to content

DAMAC ELO 2

- AVA001118

DAMAC ELO 2, DAMAC Hills 2, Dubailand, Dubai, United Arab Emirates

Price: ₹1.5 CrBeds: 1/Sq. Ft.: ₹28,629 / sq.ft
DAMAC ELO 2, apartment in DAMAC Hills 2
APARTMENTListed by Avacasa
1 / 8
Street View

DAMAC ELO 2 is a pair of gracefully arced residential towers by DAMAC Properties, rising above the parklands of DAMAC Hills 2 in Dubailand, Dubai. Following its predecessor ELO, the project is a bold architectural statement with sleek, sculpture-like curves and private balconies that cascade down each side. Homes span elegant one-bedroom apartments (from ~525 sq.ft) to more expansive two-bedroom apartments (from ~775 sq.ft) across 14 residential floors, most framing impressive views of the surrounding lush greenery, pool or park. Light-filled interiors offer floor-to-ceiling glazing, spacious balconies and contemporary finishes designed for young professionals and first-home buyers. Residents enjoy a suite of tower-exclusive amenities including a swimming pool with swim-up bar, a fully equipped gym, a dedicated climbing wall, an outdoor cinema and a kids' play area, all set against the backdrop of tranquil parklands. Beyond the tower, the DAMAC Hills 2 master community delivers a resort-style lifestyle across its Water Town (Malibu Beach wave pool, lazy river, water slides, splash pads), Sports Town (tennis, padel, cricket, volleyball, basketball, football, paintball) and Down Town (fishing lake, petting farm, dog park, outdoor cinema, Zen garden and hedge maze). Located off Al Qudra Road with access to four major highways, ELO 2 sits roughly 15 minutes from DAMAC Hills, 25 minutes from Global Village, IMG Worlds of Adventure and Dubai Outlet Mall, and 30-35 minutes from Al Maktoum and Dubai International Airports. A launch 70/30 payment plan is offered (20% initial deposit, monthly installments during construction, 30% on completion, plus a 4% DLD fee), with an anticipated completion date of June 2027.

Property Details

Micro-market
DAMAC Hills 2
Configuration
Apartment
Property Type
Apartment
Built-up Area
525 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

VariantSizeStarting PricePossessionCTA
1 BHK-₹1.5 CrUnder Construction
2 BHK-₹2.25 CrUnder Construction

Amenities

Indoor

  • Gym
  • Climbing Wall

Outdoor

  • Swimming Pool
  • Swim-Up Bar
  • Outdoor Cinema
  • Kids' Play Area
  • Spacious Private Balconies
  • Barbecue Area

Other

  • Views of DAMAC Hills 2 Parklands
  • Nearby Supermarket and Cafes
  • Nearby Medical Centre
  • DAMAC Hills 2 Water Town (Malibu Beach Wave Pool, Lazy River, Water Slides)
  • DAMAC Hills 2 Sports Town (Tennis, Padel, Cricket, Volleyball, Basketball, Football, Paintball)
  • DAMAC Hills 2 Down Town (Fishing Lake, Petting Farm, Dog Park, Zen Garden)

Property Information

  • Community: DAMAC Hills 2, Dubailand, Dubai
  • Project Name: DAMAC ELO 2

  • Listing Price: ₹1.5 Cr
  • List Date: Sep 16, 2026
  • Listing ID: AVA001118
  • Status: Under Construction

  • Construction Type: Twin-tower residential development with 1 & 2 bedroom apartments at DAMAC Hills 2
  • Security: 24/7 security

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 577,000 (headline, ~525 sqft) / 2BR 863,000. Handover Q2 2027 (June 2027). 70/30 launch plan, 4% DLD, 0% property tax

  • Property Tax Jurisdiction: UAE - 0% property tax on residential

About the developer

DeveloperDAMAC Properties
88 homes on Avacasa now

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.

✓ Enquiries routed through Avacasa - your details are never handed to the developer.
View developer profile →

Location

DAMAC ELO 2, 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.

RatingAttractionTypeBest Time to VisitDistance
8.8 / 10Al Marmoom Heritage VillageCultural and historical complexAfternoon and evening15.8 km
8 / 10Global VillageTheme parkEvening14 km
9 / 10Dubai Miracle GardenBotanical gardenOctober to April11 km
9 / 10Dubai AutodromeMotorsports attractionDuring a scheduled motorsport event24 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Jebel Ali SchoolBritish Curriculum23.1 kmOffers GCSE, IGCSE, and A-Level courses.
Ranches Primary SchoolBritish Curriculum28.4 kmLocated in the nearby Arabian Ranches community.
GEMS Metropole SchoolBritish Curriculum24.7 kmLocated in Motor City, approximately a 13-minute drive away.
Dwight School DubaiInternational Baccalaureate (IB)25.8 kmLocated in Dubai Sports City, a 13-minute drive.
JSS International SchoolIndian Curriculum36.4 kmLocated in Jumeirah Village Circle.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Saudi German ClinicClinic0.5 kmLocated in Damac Hills 2.
Emirates HospitalHospital25.2 kmA 12-minute drive from Damac Hills 2.
Aster Medical CenterMedical Center27.8 kmApproximately 20 minutes away.
Mediclinic Parkview HospitalHospital22 kmLocated in Al Barsha South, about 25 minutes away.
Medcare Medical CentreMedical Center25.3 kmA 12-minute drive away.
Dining & Cafes
RestaurantRatingDistanceNotes
Nay Oxygen Cafe and Restaurant4.30.5 kmLocated in the Community Centre, serves burgers, sandwiches, soups, salads and steaks.
Attibassi Coffee4.90.5 kmLocated in the Community Centre.
Clivia Express Restaurant-0.5 kmServes Asian cuisine.
Urban Bar Deli-0.5 kmLocated at Damac Hills 2 Hotel - Edge by Rotana, offers international cuisine.

Ownership economics

Will this home pay for itself?

Enter your interest rate to see this
We don't have a financing rate for this market yet - add your rate in Buy, or switch to All cash.
Break-even occupancy
-
Total return
- over 5 yr

1Buy

What you pay to own it.

listed
Funding
market estimate - data coming
Monthly EMI-
Service charges-
market estimate - data coming

2Earn

What it brings in as a holiday rental.

market estimate - data coming
Occupancy-
market estimate - data coming
Avacasa managed
Gross rental / mo-
Net rental / mo-

3Grow

What it could be worth.

Appreciation / yr-
market estimate - data coming
Value in 5 yr₹1.5 Cr
Appreciation gain-
Equity built₹60.12 L
Estimates from Avacasa market data and your inputs. Occupancy and appreciation move with the market, so treat these as guidance, not a guarantee. Every assumption above is editable.