Presenting ELO at Damac Hills 2. The very latest residential project from one of Dubai’s biggest property developers, DAMAC.

This ambitious project brings to the market a sophisticated collection of 1 and 2-bedroom apartments. Designed to blend luxury with functionality each unit boasts high-end designer interiors and spacious balconies, offering both comfort and great views.

In addition to great views, the ELO development is packed with top-notch amenities including a state-of-the-art gym, an adventurous climbing wall, an outdoor cinema, a lavish swimming pool complemented by a chic swim-up bar, and much more.

With starting prices at just AED 547,000 and a 70/30 payment plan, this is a project that is expected to be met with strong demand from both investors and end users.

 

ELO DAMAC HILLS 2 HIGHLIGHTS

  • Super range of 1 and 2-bedroom apartments
  • Quality finishes, floor-to-ceiling windows and balconies as standard
  • Great range of amenities including a swim up pool bar
  • Located within the up-and-coming DAMAC HILLS 2 community

 

DOWNLOAD

ELO APARTMENT PRICES & TYPES

Prices:

  • 1 Bedroom Apartments from AED 547,000
  • 2 Bedroom Apartments from AED818,000

Sizes:

  • 1 Bedroom Apartments from 525 to 646 sq ft
  • 2 Bedroom Apartments from 948 to 1,078 sq ft

 

AMENITIES

ELO PAYMENT PLAN

  • 20% Downpayment
  • 50% During Construction
  • 30% On Completion

The anticipated project completion date is December 2026.

 

ELO DEVELOPER OVERVIEW

Established in 2002, DAMAC Properties is easily one of Dubai’s biggest real estate development companies.

With its headquarters in Dubai, DAMAC has delivered projects in key regions outside the UAE including the Middle East, the UK, and Canada. The company is renowned for its commitment to luxury and quality, developing a broad spectrum of properties ranging from residential to commercial and leisure facilities.

The company is particularly known for its innovative collaborations with high-profile lifestyle and fashion brands. These include renowned brands such as Cavalli, Versace and Fendi Casa to name a few. As of early 2024, the company has delivered in excess of 46,000 residences with thousands more underway.

 

ELO – DAMAC HILLS 2 LOCATION OVERVIEW

DAMAC Hills 2 (formerly known as AKOYA Oxygen) is a vibrant, self-contained master community developed by DAMAC Properties. An expansive development, Damac Hills 2 is designed to provide a luxurious lifestyle with all the modern-day conveniences.

The community offers a wide range of residential options including luxury villas, townhouses, and apartments. All of these are developed by DAMAC and come in a variety of designs and styles.

Along with vast residential options DAMAC HILLS 2 features super leisure and recreational facilities. These include swimming pools, sports courts, a fitness centre, and more, catering to the needs of Dubai’s diverse and growing population.

DAMAC Hills 2 is conveniently situated just a brief journey from the centre of Dubai Its advantageous positioning ensures seamless connectivity to four primary highways and various transportation routes, making the city’s attractions readily accessible.

Location Highlights:

  • 15 Minutes to Damac Hills
  • 23 Minutes to Polo Resort
  • 25 Minutes to Global Village
  • 25 Minutes to IMG Worlds of Adventure
  • 30 Minutes to Al Maktoum International Airport

 

 

ELO project location details

ELO BROCHURE AND FLOOR PLAN

Swim-up-barview-from-buildingBalcony area

ELO INVESTMENT POTENTIAL

Taking into account its price, location and list of amenities included we feel that ELO presents a strong investment opportunity. With one-bedroom prices from just 547k and two-bedroom options from 818k, this is a project that represents extremely good value. Throw in an attractive 70/30 payment plan and a not-too-distant completion date and the value proposition only gets better.

 

KEY TAKEAWAYS

Project Name: ELO

Developer: DAMAC HILLS 2

Price: Starting from AED 547,000

Payment Plan: 70/30%

Completion Date: December 2026

Apartment Types: 1 and 2-bedroom Apartments

Location: Damac Hills 2

 

FLOOR PLANS

ELO BY DAMAC FAQ’S

Who is the developer of ELO at DAMAC Hills 2?

The developer behind the ELO at DAMAC Hills 2 is none other than DAMAC Properties.

What is payment plan for applicable?

The project comes with a 75/25% payment plan. As part of the payment plan, 75% during construction and 25% over a 25 month post handover period.

What bedroom types are available?

Available bedrooms include a selection of 1 and 2-bedroom apartments. These come in a variety of layouts.

What is the expected handover date for ELO by DAMAC?

  The expected handover date for ELO by DAMAC is Q4 2026.

Do all apartments come with a balcony?

Yes, all apartments come with a great size balcony and undercover parking.