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.
DAMAC Properties has long been a cornerstone of the UAE’s real estate sector, known for delivering some of the most iconic developments in the region. Whether you're an investor or a homebuyer, keeping an eye on new projects by DAMAC Properties can help you stay ahead in a highly competitive market.
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:
ELO 2, Damac Hills 2 is expected to be completed in Q2 2027.
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.
Residents will find dedicated covered parking in ELO 2.
High-speed elevators in ELO 2 will provide seamless access to all floors.
ELO 2 will provide 24-hour security, maintenance and cleaning services.
ELO 2 will feature 1 and 2-bedroom apartments.
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 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.
Looking for more properties by DAMAC Properties? Check out off-plan properties in UAE by DAMAC properties. For emirate specific options, view DAMAC Off Plan Properties in Dubai.
Checkout DAMAC off-plan apartments in UAE if interested in more options by DAMAC properties. For emirate-specific options, visit off-plan apartments in Dubai by DAMAC Properties.
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.
Residents can access the Dubai bus service from the Viridis bus stop, a 3-minute drive away. It is served by bus DA2.
EXPO 2020 Metro Station, on the Red Line of the Dubai Metro, is a 29-minute drive from ELO 2.
Some of the restaurants in DAMAC Hills 2 near ELO 2 at DAMAC Hills 2 Dubai are:
The abovementioned eateries are within a minute's drive and offer continental, fast food and Indian dishes.
Supermarkets near ELO 2 are:
These marts are within a 12-minute drive from ELO 2.
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.
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, 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.
ELO 2 will feature 1 and 2-bedroom apartments.
ELO 2 Damac Hills 2 is expected to be completed in Q2 2027.
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