Elo by DAMAC Properties, developer's render

Off-plan · Freehold

Damac Hills 2 · Dubai

Elo

by DAMAC Properties · handover Q2 2027

AED 577Kstarting price today

AED 1,302registered per sq ft

19sales in 12 months

557units

Get the brochure & plan WhatsApp Atif

Q2 2027Planned handover

DAMAC PropertiesDeveloper

557Units registered

1.2% builtConstruction

FreeholdOwnership

2995DLD project number

1 to 2 bedroomsHomes on offer

About the project

Elo, in plain numbers.

Elo is an off-plan residential project by DAMAC Properties in Damac Hills 2 (Madinat Hind 4), Dubai. It is registered with the Dubai Land Department as project 2995, a project consists of a residential tower of g+2p+14+r floors located in madinat hind 4, dubai. the units are designed to have a concrete structure and block with internal and external finishes. scheme, with works dated from July 2024 and 1.2% built at the last inspection. Handover is planned for Q2 2027. 557 units are registered, mostly one-bedroom homes of about 549 sq ft and 2-bedroom homes of about 872 sq ft. The register shows 571 sales since October 2025, 19 of them in the last twelve months, at a median of AED 1,302 per sq ft.

Also in this development

Elo 3handover Q3 2027

Amenities

Indoor Swimming Pool
Landscaped Gardens
Cafe and Restaurants
Retail Facilities
Children's Play Area

Our view

Entry price under AED 1.2M
33% above ready resales in Madinat Hind 4 per sq ft
19 registered sales in 12 months
Keys in 2027

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Elo.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

Type	Units in the project	Typical size	Registered sales, 2 years	Median price	AED / sq ft
1 bedroom	390	549 sq ft	72	AED 671,000	1,203
2 bedrooms	167	872 sq ft	54	AED 1,030,288	1,266

Matched to the Land Department project Damac Hills 2 Elo (project no. 2995).

Payment plan

How you pay.

20%50%30%

20%
On booking (down payment)20% of the price, about AED 115K on the starting price
50%
During construction50% of the price, about AED 289K on the starting price
30%
On handover30% of the price, about AED 173K on the starting price

A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.

Payment plan 20/50/30 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Elo actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,302median per sq ft, last 12 months

19sales registered in 12 months

571sales registered in total, since October 2025

+33%against ready homes in Madinat Hind 4 (AED 976 per sq ft)

Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.

Most recent registered sales
Date	Bedrooms	Sq ft	Price	AED / sq ft	Stage
9 Sept 2026	1 B/R	554	AED 751,000	1,356	Off-plan
26 Aug 2026	1 B/R	556	AED 596,000	1,071	Off-plan
21 Aug 2026	1 B/R	554	AED 648,000	1,170	Off-plan
4 Aug 2026	2 B/R	775	AED 1,032,000	1,331	Off-plan
23 Jul 2026	2 B/R	832	AED 948,520	1,140	Off-plan
9 Jul 2026	1 B/R	277	AED 311,500	1,126	Off-plan
26 Jun 2026	2 B/R	981	AED 1,300,550	1,326	Off-plan
9 Jun 2026	2 B/R	832	AED 949,000	1,140	Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Damac Hills 2, Dubai.

Open in Google Maps ↗

Buying off-plan in Dubai

What it costs beyond the price.

Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
No agency fee to you when you buy from the developer: the developer pays our commission.
Your payments go into the project's escrow account, released to the developer as construction is certified.
At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Elo handed over?

The developer plans handover for Q2 2027; the Land Department recorded the project at 1.2% built. Launch dates can move, and we track the registered progress for you.

Who is the developer of Elo?

DAMAC Properties (registered as Front Line Investment Management L.L.C). The project is registered with the Dubai Land Department as number 2995.

What is the payment plan for Elo?

20% on booking (down payment), 50% during construction, 30% on handover. We confirm the current plan in writing before you reserve.

What is the price per square foot in Elo?

Registered sales over the last 12 months have a median of AED 1,302 per sq ft, against about AED 976 for ready homes in Madinat Hind 4.

Can foreigners buy in Elo?

Yes. Elo is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.