DAMAC Hills (2)-Elo
- Under construction · 1% built
- 17 floors
- 9 lifts
- 590 parking bays
- 1 pool
- Master developer Front Line Investment Management
A 2 bed in DAMAC Hills (2)-Elo costs a median AED 1.33M.
2 bed · typical price
1.33MAED
AED 1,318/sqft · +3.7% on a year
- vs DAMAC Hills 2
- 2% above the median
Cost to buy, all inAED 1.41M
- Price
- AED 1.33M
- DLD fee 4%
- AED 53,171
- Agent 2% + VAT
- AED 27,915
- Trustee
- AED 4,200
Is DAMAC Hills (2)-Elo a good investment?Prices rising; few units change hands and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Is it easy to let?None of the 557 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?2 bed: AED 1,271/sqft a year ago, 1,318 now+3.7%Strength
- How fast do fees pay back?AED 85,286 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 85,286
- Can I sell easily?19 sales in 12 months, 3% of the tower (70 the year before)19Watch
- Is a lot being built nearby?1,114 apartments are planned in DAMAC Hills 2 from 2026 to 2028, equal to 199% of the 561 homes let there today. DAMAC Hills 2 supply by year →199%Watch
- Did earlier buyers gain?Up 9% for launch buyers, before fees+8.9%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
DAMAC Hills (2)-Elo prices and rents by unit typeA two-bed costs about AED 1.33M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · DAMAC Hills 2 · area median AED 1,293/sqft
- 12-month change
- +3.7%
- vs area median
- +1.9%
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Jul 2024, AED 945,500; latest, Aug 2026, AED 990,260; peak, Apr 2026, AED 1,376,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,302 · before fees
- Launch, 2024–26
- 1,195
- +9%
- 546 sales
- Previous 12 months
- 1,213
- +7%
- 70 sales
- Last 12 months
- 1,302
- today
- 19 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in DAMAC Hills 2
Every DAMAC Hills 2 building with a page, ranked by price per sqft over the same 12 months, all unit types. DAMAC Hills (2)-Elo places 4th of 11; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against DAMAC Hills (2)-Elo (AED 1,302/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, DAMAC Hills (2)-Elo has registered sale prices 2% above the DAMAC Hills 2 median price per square foot of 1,293 AED, across 8 eligible buildings.
Market context in DAMAC Hills 2
Registered sales activity
151 ready apartment sales in the 12 months to 2026-10-12.
+5.3% in median AED/sqft versus the preceding year, supported by 151 current and 226 prior price observations.
Explore sales activityPlanned apartment projects
1,114 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,114 apartments are planned in DAMAC Hills 2 from 2026 to 2028, equal to 199% of the 561 homes let there today.
Ready prices per sqft fell in 10% of 10 buildings (counted once per bedroom type) in DAMAC Hills 2 with sales in both years; the typical one moved +8.1%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About DAMAC Hills (2)-Elo
DAMAC Hills (2)-Elo is an under-construction (1% built) apartment building by Front Line Investment Management in DAMAC Hills 2. 572 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 17
- Lifts
- 9
- Parking bays
- 590
- Pools
- 1
- Master developer
- Front Line Investment Management
Drive times · typical
- Downtown
- 30 min · 35 km
- DXB Airport
- 30 min · 39 km
- DIFC
- 27 min · 38 km
- Dubai Marina
- 24 min · 22 km
- Palm Jumeirah
- 30 min · 26 km
Nearest, as registered
DAMAC Hills (2)-Elo: AED 1,302 per sq ft, 3% above the median DAMAC Hills 2 building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- DAMAC Hills (2)-EloAED 1,302
- DAMAC Hills 2, readyAED 1,112
- DAMAC Hills 2, off-planAED 1,284
- Dubai, readyAED 1,421
More from Front Line Investment Management
Viridis C
DAMAC Hills 2 · 25 sales, 12 months
660,000
AED, resale median · 936/sqft
Navitas Tower A
DAMAC Hills 2 · 23 sales, 12 months
540,000
AED, resale median · 1,259/sqft
Viridis D
DAMAC Hills 2 · 22 sales, 12 months
485,000
AED, resale median · 1,025/sqft
DAMAC Hills (2) - Elo 2
DAMAC Hills 2 · 21 sales, 12 months
1.03M
AED, resale median · 1,270/sqft
Nearby in DAMAC Hills 2
Prices per sq ft around DAMAC Hills (2)-Elo, on the mapPrices per sq ft around DAMAC Hills (2)-Elo, on the map
Viridis C
DAMAC Hills 2 · 25 sales, 12 months
660,000
AED, resale median · 936/sqft
Navitas Tower A
DAMAC Hills 2 · 23 sales, 12 months
540,000
AED, resale median · 1,259/sqft
Viridis D
DAMAC Hills 2 · 22 sales, 12 months
485,000
AED, resale median · 1,025/sqft
Viridis B
DAMAC Hills 2 · 21 sales, 12 months
471,625
AED, resale median · 1,112/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from DAMAC Hills (2)-Elo’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in DAMAC Hills (2)-Elo?
- No gross yield is published for DAMAC Hills (2)-Elo as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 12 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The DAMAC Hills 2 median is 7.2% gross.
- How much does a 2 bedroom in DAMAC Hills (2)-Elo cost?
- The median registered sale price is AED 1.33M (1,318 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in DAMAC Hills (2)-Elo risen or fallen?
- Median price per square foot moved +3.7% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in DAMAC Hills (2)-Elo?
- 12 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
DAMAC Hills (2)-Elo sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 12 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/damac-hills-2/damac-hills-2-elo
Cite as: Dubai Wealth Index. “DAMAC Hills (2)-Elo sale prices and yield.” DAMAC Hills 2, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/damac-hills-2/damac-hills-2-elo
Stable dataJSON