ELO

Key facts

Handover

Q4 2026

Status

Under construction

Construction progress

13%

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Landscaped Gardens
• Gymnasium
• Shared Pool
• Children's Play Area
• Barbecue Area

Location

ELO sits in Elo.

Master plan

The developer’s own site plan for ELO, showing how the buildings, roads and open space sit together.

How ELO compares

Entry here is AED 547,000, against a median of AED 577,000 across the 3 priced projects in Elo, the lowest entry price in the community. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2026, alongside 206 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 3 of them in Elo.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 60% during construction and 20% at handover. At the AED 547,000 entry price, that is AED 109,000 to reserve a unit, AED 328,000 across the build, and AED 109,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 22,000 at this entry price. That 20% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 525 square feet at AED 547,000, which works out at AED 1,042 per square foot. Stated sizes run from 525 to 1,078 square feet.

Handover and construction

Handover is scheduled for Q4 2026. Construction was last recorded at 13% complete.

Ownership and residency

The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 to 2 bedroom layouts.

What is on site

Shared facilities recorded for ELO are the standard Dubai block: landscaped gardens, gymnasium, shared pool, children's play area and barbecue area. 26 floor plans are published for it.

Frequently asked