ELO 2
Dubai · Damac Hills 2 · Elo · Elo 2
ELO 2 is an apartment development by Damac Properties in Damac Hills 2, Dubai. Prices start at AED 577,000. Homes are 1 to 2 bedroom apartments, from 525 to 1,079 square feet. The development is under construction, with handover scheduled for Q2 2027. Ownership is freehold.
Key facts
- Handover
- Q2 2027
- Status
- Under construction
- Construction progress
- 1%
- Ownership
- freehold
- Property types
- apartment
- Availability
- Limited availability, confirm with us
Payment plan
Standard
20%
Down payment
50%
During construction
30%
On handover
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| 1 bedroom | 525 - 646 | 1 - 2 | 5 | AED 577,000 |
| 2 bedroom | 775 - 1,079 | 2 | 16 | AED 1,305,000 |
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- Cafe and Restaurants
- Retail Facilities
- Children's Play Area
Location
ELO 2 sits in Elo 2.
Distance to landmarks (straight line)
- Expo City Dubai24 km
- Business Bay26 km
- Al Maktoum International Airport (DWC)26 km
- Dubai Marina27 km
Straight-line distance from the project's coordinates, not a drive time.
Master plan
The developer’s own site plan for ELO 2, showing how the buildings, roads and open space sit together.
How ELO 2 compares
Entry here is AED 577,000, against a median of AED 577,000 across the 3 priced projects in Elo, which puts it above 1 of them and below 1. 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 Q2 2027, alongside 146 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, 50% during construction and 30% at handover. At the AED 577,000 entry price, that is AED 115,000 to reserve a unit, AED 289,000 across the build, and AED 173,000 due on completion.
Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 23,000 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 577,000, which works out at AED 1,099 per square foot. Stated sizes run from 525 to 1,079 square feet.
Handover and construction
Handover is scheduled for Q2 2027. Construction was last recorded at 1% complete.
Ownership and residency
ELO 2 is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. 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 2 lead with cafe and restaurants and retail facilities, alongside the indoor swimming pool, landscaped gardens and children's play area that most Dubai developments carry. 21 floor plans are published for it.
Frequently asked
What is the starting price at ELO 2?+
ELO 2 starts at AED 577,000. The cheapest unit with a published size is 525 square feet, which is AED 1,099 per square foot.
When does ELO 2 hand over?+
ELO 2 is scheduled to hand over in Q2 2027, alongside 146 other projects we track in the same quarter.
What is the payment plan at ELO 2?+
The published plan at ELO 2 is 20% on booking, 50% during construction and 30% at handover, so AED 115,000 reserves a unit at the AED 577,000 entry price.
What sizes are available at ELO 2?+
ELO 2 is apartments in 1 to 2 bedroom layouts, from 525 to 1,079 square feet.
Can a foreign buyer own a home at ELO 2?+
ELO 2 is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is ELO 2 in?+
ELO 2 is in Damac Hills 2, Dubai. We track 3 projects in Elo.
Who is building ELO 2?+
ELO 2 is developed by Damac Properties, who have 167 projects in our catalogue.
Before you commit
Ask about ELO 2
Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.
Related off-plan projects
Others in Elo, then more from Damac Properties.
ELO 2 is an off-plan development by Damac Properties in Damac Hills 2, priced from AED 577,000 with handover in Q2 2027. See more Damac Properties projects or all 3 off-plan projects in Elo. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.