ELO
by Damac Properties · 📍 DAMAC Hills 2 (Akoya by DAMAC)
Price from
AED 1.31M
ELO is a project by Damac Properties in DAMAC Hills 2 (Akoya by DAMAC), Dubai. Prices start from AED 1.31M. It offers 1 Bedroom and 2 Bedroom. Damac Properties states handover in December 2026.
Floor plans
Layouts by unit type — tap any plan to view it full size.
Official brochure
Source: independent listing source.
About the project
<p>ELO at DAMAC Hills 2 offers a unique blend of modern living and natural serenity with its 1 and 2-bedroom apartments. Situated in a lively Dubai community, this development by DAMAC Properties features a 14-storey tower with meticulously designed residences that combine elegance and comfort. Its prime location provides convenient access to major highways, including Al Qudra Road, ensuring easy connectivity to key landmarks. Despite its proximity to the city's hustle and bustle, ELO offers a tranquil escape with lush parklands and an array of recreational amenities. With flexible payment plans and strong investment returns, ELO is an attractive option for buyers and investors alike.
Available units
6 units on offer from the developer's sales team, as received on 15 Oct 2026.
| Unit | Type | View | Size | Price | Price per area |
|---|---|---|---|---|---|
| ELO/11/1129 | 2 bedroom | PARK VIEW | 986 sqft · 92 m² | AED 1,397,000 | AED 1,417/sqft · 15,251/m² |
| ELO/12/1207 | 2 bedroom | PARK VIEW | 1,022 sqft · 95 m² | AED 1,448,000 | AED 1,417/sqft · 15,251/m² |
| ELO/13/1306 | 2 bedroom | PARK VIEW | 1,005 sqft · 93 m² | AED 1,459,000 | AED 1,452/sqft · 15,626/m² |
| ELO/13/1330 | 2 bedroom | PARK VIEW | 1,005 sqft · 93 m² | AED 1,459,000 | AED 1,452/sqft · 15,626/m² |
| ELO/14/1430 | 2 bedroom | PARK VIEW | 998 sqft · 93 m² | AED 1,478,000 | AED 1,481/sqft · 15,941/m² |
| ELO/13/1329 | 2 bedroom | PARK VIEW | 1,033 sqft · 96 m² | AED 1,481,000 | AED 1,434/sqft · 15,432/m² |
Units and prices come from the inventory lists and sales offers the developer's sales team sends, and stay here for 14 days after the latest one.
Construction progress & sales velocity
Construction 22% complete, handover TBA. Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 1 Bed | 530–650 sqft (49–60 m²) | AED 679,000 | 1170 / 1170 |
| 2 Beds | 770–1,080 sqft (72–100 m²) | AED 993,000 | 457 / 501 |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Amenities
ELO: questions and answers
What is the starting price of ELO?
Prices at ELO start from AED 1.31M, for homes from 525 sqft (49 m²), as published by Damac Properties.
What is the payment plan for ELO?
The payment plan published by Damac Properties for ELO is: 20% down, 60% pre-handover, 20% handover.
When is the handover of ELO?
Damac Properties states handover of ELO in December 2026.
Who is the developer of ELO?
ELO is developed by Damac Properties. The Dubai Land Department project register lists 281 projects for Damac Properties: 137 delivered and 111 under construction.
Where is ELO located?
ELO is in DAMAC Hills 2 (Akoya by DAMAC) (ELO), Dubai.
What unit types does ELO offer?
ELO offers 1 Bedroom and 2 Bedroom, with sizes from 525 sqft (49 m²). 6 units are on the developer's current availability list, from AED 1.40M (as of 15 October 2026).
What is the average price per sqft in DAMAC Hills 2?
Apartments in DAMAC Hills 2 sell for about AED 1,055/sqft (AED 11,358/m²), based on 75 registered sales in the last 12 months.
What rental yield can I expect in DAMAC Hills 2?
Apartments in DAMAC Hills 2 yield about 8.2% gross, or about 7.8% net after service charges, based on 492 registered rent contracts and 75 sales in the last 12 months.
What are the service charges in DAMAC Hills 2?
Service charges for apartments in DAMAC Hills 2 are about AED 3.87/sqft (AED 42/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does ELO have?
ELO lists these amenities: Gym or Health Club, Kids Play Area, Nearby Shopping Malls, Parking Spaces and Swimming Pool.
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Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 15 Oct 2026.