Off-planELO 2, DAMAC Hills 2
HIGHLIGHTS
About ELO 2
ELO 2 is an 18-storey off-plan residential building in Damac Hills 2, Dubai. The development by DAMAC Properties will feature 1 and 2-bedroom apartments. Units can be reserved with an initial 20% down payment.
The project will feature a range of amenities, including a swimming pool with a swim-up bar, outdoor barbecue area, climbing wall, kids' play area and outdoor cinema. The project is expected to be completed in Q2 2027.
DAMAC Hills 2 is a family-friendly community in Dubai, offering villas, townhouses and apartments as residential options. It features a range of amenities, including a golf course, pools and parks. Located near Dubai Al Ain Road (E66) and Al Qudra Road (E44), it provides easy access to central Dubai. In the past 12 months, apartments sold in DAMAC Hills 2 reached AED 1.2B. During the same period, there have been more than 400 rental transactions for apartments in DAMAC Hills 2.
In a Nutshell
- Type of building: Residential
- Expected date of completion: Q2 2027
- Location: DAMAC Hills 2
- Developer: DAMAC Properties
- Unit type: 1 and 2-bedroom apartments
- Amenities: Swimming pool, outdoor BBQ space, kids' play area and outdoor cinema
BUILDING DETAILS
Payment Plan
The payment plan for ELO 2 is as follows:
| MILESTONE | INSTALMENT | %PAYMENT |
|---|---|---|
|
MILESTONE Down Payment (Including 4% DLD fees) |
INSTALMENT Initial Payment |
%PAYMENT 24% |
|
MILESTONE Monthly Instalments |
INSTALMENT 1% per month for 6 months |
%PAYMENT 6% |
|
MILESTONE 9th Month Payment |
INSTALMENT - |
%PAYMENT 10% |
|
MILESTONE Monthly Instalments |
INSTALMENT 1% per month for 7 months |
%PAYMENT 7% |
|
MILESTONE 15th Month Payment |
INSTALMENT - |
%PAYMENT 10% |
|
MILESTONE Monthly Instalments |
INSTALMENT 1% per month for 7 months |
%PAYMENT 7% |
|
MILESTONE 25th Month Payment |
INSTALMENT - |
%PAYMENT 10% |
|
MILESTONE 80% Building Completion |
INSTALMENT - |
%PAYMENT 5% |
|
MILESTONE 90% Building Completion |
INSTALMENT - |
%PAYMENT 5% |
|
MILESTONE Final Completion |
INSTALMENT Final Completion Payment |
%PAYMENT 20% |
Key Takeaways:
- Down payment is 24%, including DLD fee.
- 60% of the total payment to be made during construction.
- 20% of the remaining payment to be made upon handovers.
Expected Completion Date
ELO 2, Damac Hills 2 is expected to be completed in Q2 2027.
Facilities in ELO 2
IN-HOUSE FACILITIES
The project will offer a swimming pool with a swim-up bar, an outdoor barbecue area, a dedicated climbing wall, a kids' play area and an outdoor cinema. Additionally, a state-of-the-art gym in ELO 2 will be available.
PARKING
Residents will find dedicated covered parking in ELO 2.
ELEVATORS
High-speed elevators in ELO 2 will provide seamless access to all floors.
SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES
ELO 2 will provide 24-hour security, maintenance and cleaning services.
Apartment Types in ELO 2
ELO 2 will feature 1 and 2-bedroom apartments.
1-BEDROOM APARTMENTS IN ELO 2
1-bedroom apartments in ELO 2 will include two bathrooms, built-in closets, an open kitchen, a living/dining room and a balcony. The covered areas of the units will range from 528 sq. ft. to 646 sq. ft.
2-BEDROOM APARTMENTS IN ELO 2
2-bedroom apartments in ELO 2 will include three bathrooms, built-in closets, an open kitchen, a living/dining room, a laundry station and a balcony. The covered areas of the units will range from 774 sq. ft. to 963 sq. ft.
MOST POPULAR APARTMENT TYPES IN ELO 2 BY DAMAC PROPERTIES
Information for apartment type is currently not available on ELO 2.
Sales Trends in ELO 2
Information for average price is currently not available on ELO 2.
Recent Sale Transactions in ELO 2
| Date | Location | Type | Beds | Price (AED) |
|---|---|---|---|---|
| 28 Apr 2025 | ELO 2 | Apartments | 1 | 600,000 |
| 17 Apr 2025 | ELO 2 | Apartments | 1 | 704,000 |
| 24 Mar 2025 | ELO 2 | Apartments | 1 | 730,200 |
| 14 Mar 2025 | ELO 2 | Apartments | 1 | 782,000 |
| 14 Mar 2025 | ELO 2 | Apartments | 2 | 959,000 |
| 21 Feb 2025 | ELO 2 | Apartments | 1 | 639,000 |
The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.
NEARBY AMENITIES
Transportation near ELO 2
ELO 2 is situated at a 7-minute drive from Lehbab Road (E77) and an 11-minute drive from Dubai Al Ain Road (E66). Those relying on Dubai public transportation near ELO 2 can opt for taxis, buses and the metro.
BUS STATIONS NEAR ELO 2
Residents can access the Dubai bus service from the Viridis bus stop, a 3-minute drive away. It is served by bus DA2.
METRO STATIONS NEAR ELO 2
EXPO 2020 Metro Station, on the Red Line of the Dubai Metro, is a 29-minute drive from ELO 2.
Restaurants near ELO 2 DAMAC Hills 2
Some of the restaurants in DAMAC Hills 2 near ELO 2 at DAMAC Hills 2 Dubai are:
- Nay Oxygen Restaurant Cafe
- Al Toot Al Abyad
- Urban Deli
- Cool Grand Restaurant
The abovementioned eateries are within a minute's drive and offer continental, fast food and Indian dishes.
Supermarkets near ELO 2 at DAMAC Hills 2 Dubai
Supermarkets near ELO 2 are:
- 247 Grand Supermarket
- Carrefour
- Hills View Supermarket
These marts are within a 12-minute drive from ELO 2.
Nearby Attractions
- The Sevens Stadium
- IMG Worlds of Adventure
- Dubai Outlet Mall
THE SEVENS STADIUM
The Sevens Stadium in Dubai, a 14-minute drive from the building, is a multi-purpose venue known for hosting the Emirates Dubai 7s, including the Dubai Rugby Sevens, as well as football matches, concerts and other events. It features modern facilities, including VIP areas and ample parking.
IMG WORLDS OF ADVENTURES
Located a 26-minute drive away, IMG Worlds of Adventure is an indoor amusement park featuring four themed zones: Marvel, Cartoon Network, Lost Valley and IMG Boulevard. It features rides and attractions for all ages.
DUBAI OUTLET MALL
Dubai Outlet Mall, a 29-minute drive from the building, is a lively shopping destination offering discounted prices on a wide range of brand-name products, including fashion, electronics and accessories. It features numerous stores, restaurants and entertainment options, making it a great spot for shopping and leisure.
FAQs
WHAT ARE THE APARTMENT TYPES IN ELO 2?
ELO 2 will feature 1 and 2-bedroom apartments.
WHEN IS ELO 2 EXPECTED TO BE COMPLETED?
ELO 2 Damac Hills 2 is expected to be completed in Q2 2027.
ARE THERE ANY SCHOOLS AVAILABLE NEAR ELO 2?
The closest school to ELO 2 is The Aquila School, which offers the British curriculum and is an 11-minute drive.
Featured image: DAMAC Properties
