Elo at DAMAC Hills 2
Off-PlanVerified

Elo at DAMAC Hills 2

DAMAC Hills 2, Dubai
Starting FromAED 580,000
HandoverQ4 2026
Rental Yield9.8%
Available Units45 units
Direct Developer Allocation

Receive Official Floor Plans, Unit Pricing & Milestone Schedule on WhatsApp

Investor Due Diligence & Executive Brief

Elo at DAMAC Hills 2 — Investment Snapshot

RERA Law 8 Escrow Protected
Master DeveloperDAMAC Properties
Location & EmirateDAMAC Hills 2, Dubai
Price Range (AED / USD)AED 580,000 (~$157,931 USD)
Handover TimelineQ4 2026 (Scheduled)
Expected Gross Yield9.8% Gross p.a.
10-Yr UAE Golden VisaEligible via Multi-Unit Portfolio
100% Freehold Foreign Ownership0% Personal Income & Capital Gains TaxOfficial Oqood Initial Title Certificate
View Payment Schedule
DLD Community Valuation Benchmark

DAMAC Hills 2 average rental yield is 9.8% with steady occupancy demand.

Area Capital Benchmark
Development Lifecycle

Construction Progress

29%Completed
PlanningPermits & Design
2
StructureFoundation & Core
3
FacadeInteriors & MEP
4
HandoverQ4 2026
Off-Plan Resale & Assignment DeskNOC Clearance

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Valuate & Sell Unit
International Buyer Advisory Desk

Buying Elo at DAMAC Hills 2 from Overseas?

Verified legal remittance, 0% tax comparison, and dual-currency pricing for foreign nationals.

Estimated Price in INR
₹1.33 Cr
@ 1 AED ≈ 22.85 INR
10-Year UAE Golden Visa
Threshold: AED 2,000,000
Includes spouse & kids
Statutory Transfer Scheme
Reserve Bank of India (RBI) Liberalised Remittance Scheme (LRS)
Direct to DLD Escrow
Introduction

About Elo at DAMAC Hills 2

Elo offers unbeatable entry prices in Dubai starting under AED 600K with full access to Water Town, Sports Town, and Down Town amenities inside DAMAC Hills 2.

Unit Types

1BR2BR
Lifestyle & Recreation

Amenities & Facilities

Malibu Beach Wave Pool
Paintball Park
Lazy River
Go-Karting Track
Outdoor Floating Cinema
Regulatory Trust

Developer & Escrow Verification

DAMAC PropertiesVerified

Official Registered UAE Developer

95/100
Track Record
88%
On-Time
60+
Projects
RERA Registered
#RERA-65492-ELO
Escrow Account
ESCROW-DIB-8812
Projected ROI
21% p.a.
Architectural Layouts

Floor Plans

Select a unit type to view the floor plan and full specifications.

1BR Parkside Suite — Elo at DAMAC Hills 2
Apartment1BR Parkside Suite
Starting PriceRERA & DLD Verified
AED 580,000
Build-up Area
520 sq.ft
Plot Area
—
Bedrooms
1 Bed
Bathrooms
1 Bath
Unit Features & Specifications3 Highlights
  • Private Balcony
  • Low Service Charge
  • High Gross Yield
Installment Milestones

Payment Plan

Use the price slider to see exactly how much is due at each milestone.

Down PaymentBooking
20%
AED 116,000
Immediate on Signing
ConstructionMilestones
50%
AED 290,000
Linked to Progress
On HandoverKeys
30%
AED 174,000
Q4 2026
Post-Handover
0%
0% (Standard)
N/A for this plan

Slide to simulate exact cashflow amounts for different unit sizes and price points

AED 580,000
From: AED 580,000To: AED 980,000
Milestone Timeline Schedule (100% Balanced)70/30 Construction-Linked
Down Payment (20%)
Construction (50%)
On Handover (30%)
1
Down PaymentDown Payment
Due: Immediate
20%
AED 116,000
20% cumulative paid
2
ConstructionConstruction
Due: Milestones
50%
AED 290,000
70% cumulative paid
HandoverOn Handover
Due: Q4 2026
30%
AED 174,000
100% cumulative paid
Complete Payment Breakdown Schedule100% Escrow Protected
Milestone / StagePhase%AmountTiming
Down PaymentDown Payment20%AED 116,000Immediate
ConstructionConstruction50%AED 290,000Milestones
HandoverOn Handover30%AED 174,000Q4 2026
Total Purchase Value (100% Balanced)100%AED 580,000100% Escrow Account

Payment schedule is illustrative based on selected price. A DLD Land Transfer Fee (4%) applies upon registration. 0% Agency Commission — direct developer allocation.

Fast WhatsApp Floor Plans & Price-SheetVerified

Receive the official PDF brochure, payment schedule, and direct developer pricing in 5 seconds.

Central Bank of UAE (CBUAE) Regulations: Maximum LTV caps applied automatically for UAE Nationals (85%), Residents (80%), and Non-Residents (60%).
2026 Verified Banking Rates

Get the right mortgage for you

300,000 AED200,000,000 AED
Min 20% Required
20%
116,000 AED464,000 AED
Max 80% LTV
464,00080%
116,000 AED464,000 AED
25
1 year25 years
%
2.5%9.0%

Estimate your monthly mortgage payment

monthly payment
2,386 AED
with interest rate of
3.75%

Get a free consultation.

Our Mortgage Advisors will be more than happy to help!

or instant response

Explore Deeper UAE Mortgage Analytics

Compare top UAE bank profit rates, inspect annual amortization, and test 50% DBR debt capacity.

25-Year Loan Amortization Schedule

Detailed annual breakdown of principal paid vs interest reduction

YearPrincipal Paid (AED)Interest Paid (AED)Remaining Balance (AED)
Year 111,427 AED17,205 AED452,573 AED
Year 211,863 AED16,769 AED440,710 AED
Year 312,316 AED16,316 AED428,394 AED
Year 412,785 AED15,847 AED415,609 AED
Year 513,273 AED15,359 AED402,336 AED
Year 613,780 AED14,852 AED388,556 AED
Year 714,305 AED14,327 AED374,251 AED
Year 814,851 AED13,781 AED359,399 AED
Year 915,418 AED13,214 AED343,982 AED
Year 1016,006 AED12,626 AED327,976 AED
Year 1116,617 AED12,015 AED311,359 AED
Year 1217,251 AED11,381 AED294,109 AED
Year 1317,909 AED10,723 AED276,200 AED
Year 1418,592 AED10,040 AED257,608 AED
Year 1519,301 AED9,331 AED238,307 AED
Year 1620,038 AED8,594 AED218,269 AED
Year 1720,802 AED7,830 AED197,467 AED
Year 1821,596 AED7,036 AED175,872 AED
Year 1922,420 AED6,212 AED153,452 AED
Year 2023,275 AED5,357 AED130,177 AED
Year 2124,163 AED4,469 AED106,014 AED
Year 2225,085 AED3,547 AED80,930 AED
Year 2326,042 AED2,590 AED54,888 AED
Year 2427,035 AED1,597 AED27,853 AED
Year 2528,067 AED565 AED0 AED
Community Mapping

Location & Highlights

DAMAC Hills 2, Dubai, UAE
Loading Map...

Distances & Travel Times

Al Qudra Desert Lakes
10 km
12 min

BookMyOffPlan Investment Simulator™

Build dynamic scenarios, review 10-year forecasts, and analyze ROI sensitivities.

Preset Models:

01 / Calculation Parameters

Min: AED 580KMax: AED 980K
Estimated Gross Yield
9.8%
Estimated Net Yield
8.3%

02 / Return Projections

5-Year Return Forecast
+82% ROI
Holding Exit Value:AED 813K
Cumulative Net Rent:+AED 241K
Total Projected Profit:+AED 474K
ROI Sensitivity Heatmap (Yield vs Appreciation)
Yield\Appr
2%
4%
6%
8%
10%
5%
+28%
+39%
+51%
+64%
+79%
6%
+33%
+44%
+56%
+69%
+84%
7%
+38%
+49%
+61%
+74%
+89%
8%
+43%
+54%
+66%
+79%
+94%
9%
+48%
+59%
+71%
+84%
+99%

* Illustrative scenario. Actual returns are subject to tenancy agreements and market fluctuations.

Institutional Exit AnalysisDLD 4% Fee & NOC Calibrated

3-Scenario Exit IRR Simulator

Model pre-handover contract assignment flip vs. post-completion holding cashflow

Simulated Purchase PriceAED 580,000
AED 500KAED 15M
Conservative Annual Capital Appreciation+6.5% p.a.
+2% (Bearish)+14% (Prime Waterfront)
Annualized Net IRR
8.3%
Time-weighted internal return
MOIC (Cash Multiple)
1.13×
Return on actual invested cash
Net Pocket Profit (After Fees)
+AED 34,256
Net of DLD 4%, NOC & 2.1% agent
Pre-Handover Assignment Flip — Cost & Proceeds Ledgerhorizon: 2 years
Total Out-of-Pocket Cash Invested:AED 258,780
Gov & Registration Fees (DLD 4% + Oqood):AED 26,780
Target Exit Realized Valuation:AED 657,850
Conveyance & Exit Costs (NOC + 2.1% Brokerage):-AED 16,815
Net Investor Cash Proceeds at Liquidation:AED 293,036
Calculations include actual DLD Law No. 8 Escrow protections & 30% contract assignment rules.
Information center

Frequently Asked Questions

What is the starting price for Elo at DAMAC Hills 2?
Starting price is AED 580,000.
When is the expected handover for Elo at DAMAC Hills 2?
Anticipated completion is Q4 2026.
Proprietary Rating

BMO Intelligence Score™

86

"Outstanding investment grade property. Premium location and strong developer track record."

Developer:90
Location:85
Yield:98
Appreciation:81
Methodology:Weighted Multi-Factor Indices
Data Freshness:Real-time DLD Registry Sync
Score Version:v2.0 (Stable)
Starting from
AED 580,000
Up to AED 980,000
RERA escrow protected
No agency fee — developer direct
9.8% projected yield
Uroosa
Senior Portfolio Consultant

Uroosa

Online (replies in 3m)

"I specialize in off-plan & luxury properties across DAMAC Hills 2, Dubai. Ask me about escrow verification, floor unit availability, or rental yields."

Chat on WhatsApp
Marketing Kit

Official Brochure & Floor Plans

Get the complete project brochure, detailed floor plans, pricing details, and investment factsheets sent to you.

Quick Facts

FloorsG + 30
Total Units400
Available45 units
RERA No.#RERA-65492-ELO
Completion29%
HandoverQ4 2026

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Starting FromAED 580,000
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