All projects

Project

Elo Damacon sale

Damac Hills 2·DAMAC

Price (AED)

1,397,000 – 1,481,000USD 380,403 – 403,276

Bedrooms

2

Handover

Dec 2026

Size (sqft)

986 – 1033

AED / sqft

1,352 – 1,501

Inventory

12 units · 1 building

Construction

under construction

Readiness

21.50%

Compliance & specs

DLD escrow #

0205542593322

Service charge

14 AED/sqft

Furnishing

Semi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.

Post-handover plan

None

About

Project general facts

Damac Elo is a contemporary residential development located within the master-planned DAMAC Hills 2 community in Dubai. The project consists of two modern 14-storey towers offering a collection of thoughtfully designed 1- and 2-bedroom apartments. Created to meet the needs of modern urban lifestyles, the development combines contemporary architecture, efficient layouts, and functional living spaces, providing residents with a comfortable environment within one of Dubai’s rapidly growing residential destinations.

The project offers a range of lifestyle amenities designed to promote wellness, relaxation, and community living. Residents can enjoy swimming pools, a state-of-the-art fitness center, and vibrant communal areas designed for social interaction and recreation. As part of the wider DAMAC Hills 2 community, homeowners also benefit from access to extensive leisure facilities, green spaces, sports attractions, and family-oriented amenities, creating a dynamic and well-rounded residential environment.

The interiors feature high-end finishes and carefully selected quality materials that enhance both aesthetics and functionality. Natural wood accents, premium fittings, and durable contemporary finishes create an atmosphere of comfort and understated luxury throughout the residences. Kitchens come fully equipped, providing convenience for everyday living. The overall interior design reflects a modern residential standard focused on practicality, elegance, and long-term comfort.

Location description and benefits

Damac Hills 2 is a prestigious residential community located in the heart of Dubai. Nestled within lush green landscapes and offering a harmonious blend of luxury, comfort, and convenience, this development is a testament to modern urban living.

Residents of Damac Hills 2 have access to a wealth of amenities, including world-class golf courses, fitness centers, swimming pools, and lush parks. The community is designed to provide a holistic living experience where leisure and well-being are paramount.

Situated in close proximity to major road networks, Damac Hills 2 offers easy access to the city's key destinations, including business districts, shopping centers, and entertainment hubs. This central location enhances the overall convenience of living in this vibrant community.

Available unit types

1 bedroom configurations

These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.

2 bedrooms floor plan

2 bedrooms

981 – 1044 sqft

AED 1,358,000 – 1,481,000USD 369,783 – 403,276

Range across 12 layout variants

Payment plans

Payment PlanInterest-free during construction

20%
30%
50%
BookingDuring constructionOn handover (Dec 2026)
  1. 1.

    On booking

    20%
  2. 2.

    During construction

    30%
  3. 3.

    Upon Handover (Dec 2026)

    50%
CASADIOR

Calculate your payments

Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.

Include fees:
#WhenStep%Amount (AED)Amount (USD)Cumulative (USD)
1Upon bookingReservation20%271,60073,95773,957
2Between booking and Dec 2026During construction30%407,400110,935184,892
3Dec 2026Upon Handover (Dec 2026)50%679,000184,892369,783
Total100%AED 1,358,000USD 369,783

Cash-flow shape: 50% during the construction period (20% upon booking, 30% across milestones), 50% at handover (Dec 2026).

0% interest during construction — no APR, no compounding.

Opens directly in Excel, Numbers, or Google Sheets.

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Amenities

10 features

Location

Damac Hills 2

24.98578, 55.39366

About Damac Hills 2

The project started out as a resurrection of the 2006 Tiger Woods-Dubai project originally proposed by Tatweer. Construction of the golf course and club house started but the project went on hold in 2009 due the global financial crisis before being cancelled entirely in 2011. The land and the commercial agreement with Tiger Woods was bought up by Damac Properties in 2014 and re-branded as Akoya Oxygen. The golf club was changed to 'Trump World Golf Club Dubai' with the course designed by world f

Explore Damac Hills 2

About DAMAC

DAMAC

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and accolades for its contribution to the real estate development sector. Having now received over 100 global awards and commendations, for everything from high-rise architecture and interior design to excellence in hospitality and international golf course communities, DAMAC only goes from strength to strength. DAMAC Properties has grown to become one of the world’s foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States and United Kingdom.

Building details

2 Towers

2 Towers

1 & 2BR Apartments with Spacious Balconies

Parking allocation

Unit typeBedroomsSpaces
Apartment21
Apartment11

Marketing brochure

Download brochure (PDF)

Why Dubai off-plan

The macro case for buying off-plan in Dubai

These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.

0% interest, ever

Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.

No income or capital-gains tax on property

Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.

20% usually opens the unit

Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.

Post-handover plans extend the runway

Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.

Golden Visa from AED 2M

A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.

Freehold ownership for foreigners

Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.

Price

from AED 1,397,000

≈ USD 380,403

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