Distress deals−16%15% below area sold prices
Elo
Distress sale: 1BR apartment in DAMAC Hills 2 ELO, 556 sqft, AED 575K below OP.
Posted 2× · brokers: 1 · 17 Sept 2026 – 18 Sept 2026
✦ dxbpropy deal check
Below what similar homes sold for
Asking vs sold
−15%
AED 1,034/sqft · 11,132/m² vs AED 1,213/sqft · 13,057/m²
Sold comps
26
1 BR · Off-plan · DAMAC Hills 2 · last 12 months
Typical sold price
AED 674,428
AED 646,072 – AED 720,020
No sales of this size in the same project in the last 12 months, so this compares with the wider area: a guide, not a like-for-like match.
Asking prices are not sold prices — always verify before transacting.
- Area
- DAMAC Hills 2
- Type
- apartment
- Bedrooms
- 1
- Size
- 52 m² · 556 sqft
- Price
- AED 575,000
- Price per
- AED 11,132/m² · AED 1,034/sqft
- Original price
- AED 684,000−15.9%
- Price history
- AED 575,000 – AED 605,000
- Handover
- Q2 2027
Description
Distress Deals DAMAC Hills 2 - ELO Type: 1-Bedroom Size: 556 Sq. Ft. Handover Q2 2027 Original Price: AED 684000 Selling Price: 575000
Asking prices from the broker network, not registered transactions.