ELO 2
- AVA00486DAMAC Hills 2, Dubai, United Arab Emirates
ELO 2
- AVA00486DAMAC Hills 2, Dubai, United Arab Emirates
ELO 2 offers modern 1 & 2 bedroom apartments in Dubai's DAMAC Hills 2. This residential tower blends contemporary architecture with resort-style living, providing access to sports, water attractions, and green spaces. Enjoy a growing suburban environment just 30 minutes from Dubai's main districts.
Property Details
- Micro-market
- Damac Hills 2
- Configuration
- 1, 2 BHK Apartment
- Property Type
- Apartment
- Built-up Area
- 525 sq ft
- Status
- Under Consrtuction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
Q4 2026
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 Apartment | 525 sq ft | AED 547K | Q4 2026 |
Property Information
- Community: Damac Hills 2
- Project Name: ELO 2
- Listing Price: AED 577K
- List Date: Dec 28, 2025
- Days on Market: 112
- Listing ID: AVA00486
- Status: Under Consrtuction
- Security: 24/7 security
- Pool: Swimming Pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Fire NOC
- No
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
- Capital Appreciation: 8%
About the developer
Location
Damac Hills 2, Dubai, United Arab Emirates
- Airport: Dubai International Airport (DXB) - 45 km
- Airport: Al Maktoum International Airport (DWC) - 35 km
Around this home
The home plus curated, verified places nearby — each with its own guide.
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.