Apartments
Elo by DAMAC Properties in DAMAC Hills 2 is a twin-tower residential development designed to elevate the experiences of a modern and active life. Featuring beautifully-designed 1-2-BR, the project holds a unique appeal for its architecture, layouts and overall environment. The tower with cascading private balconies provides one with awesome views of the parklands. A plethora of lifestyle-focused amenities take one’s living standard to the next level and it is also set in a strategically important location.
Twin-tower development by DAMAC Properties
Located within DAMAC Hills 2 community
Offers 1-2-BR apartments
Contemporary architecture with functional layouts
Access to plethora of wellness-focused amenities
Surrounded by landscaped open spaces
Family-friendly & peaceful suburban environment
Good connectivity to key areas of Dubai
Expected handover in Q4, 2026
The payment plan for the project is the standard 20:50:30 meaning buyers can secure their units by paying 20% of the total amount and then 50% while the project is under construction and finally the rest 30% at the time of handover. Please find below the split here:
All you need to know about DAMAC ELO 1
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Pool
Climbing wall
Malibu beach
Sports areas
Fishing lake
Landscaped gardens
24/7 security
Parking space
ELO nestles within a peaceful suburban setting and it is easily connected to important destinations of the emirate. With direct access to important road networks such as Al Qudra Road and Emirates Road one can reach business hubs, leisure addresses and airports easily.
With all the features and amenities it has and the location benefits it entails, investors can expect convincing return on their purchases. One looking to enter the emirate’s off-plan market at a competitive price should find the projects here appealing enough for investment.
With starting prices from approximately AED 547K, it provides one with a low entry point benefit. The project being in a strategic location enjoys rental yields of approximately 6.5%-8% which is convincing enough. As the community develops further, one can expect capital appreciation potential of approximately 15-20%.
Freehold ownership is another reason for investing here other than the fact that payment terms are flexible, helping one to easily manage their investment. For all these reasons, investing in this community appears to be a good decision.
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