Developer Deal
Akoya Genus Villas
DAMAC PropertiesFrom
AED 2,900,000
Handover
Q4 2021
Payment Plan
100/0
Down Payment
100%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Elo 3
DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q2 2027
Post Handover
—
Payment Plan
70%
30%
20% down
About Elo 3
Welcome to ELO 3 at Damac Hills 2, a project that epitomizes modern living intertwined with natural tranquility. Developed by Damac Properties, ELO 3 offers 1 & 2-bedroom apartments within Dubai’s vibrant community. Situated across two towers, each spanning 14 levels, these residences boast meticulously crafted interiors and spacious layouts, blending elegance with comfort seamlessly.Strategic…
Project documents
Brochures
Not available yet
Payment schedule
Main
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in ELO 3
Median sale price/sqft
AED 1,238/sqft
Median sale price
AED 712,000
Median price/sqft over time
Sep 24Range AED 1,228 – AED 1,252Dec 24
Transaction activity
LiquidityStrong
477 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-24 | ELO 3 | 1 | 557 sqft | AED 746,000 | 1,338 |
| 2024-12-24 | ELO 3 | 1 | 555 sqft | AED 682,000 | 1,229 |
| 2024-12-24 | ELO 3 | 1 | 555 sqft | AED 682,000 | 1,229 |
| 2024-12-24 | ELO 3 | 1 | 557 sqft | AED 746,000 | 1,338 |
| 2024-12-24 | Elo 3 | 1 | 555 sqft | AED 682,000 | 1,229 |
| 2024-12-24 | Elo 3 | 1 | 557 sqft | AED 746,000 | 1,339 |
Completed transactions in DAMAC Hills 2 (Akoya by DAMAC)
Median sale price/sqft
AED 1,159/sqft+37.3%
Median sale price
AED 1,615,000
Gross rental yield
4.8%
Median annual rent
AED 78,000
Median price/sqft over time
Dec 23Range AED 918 – AED 1,217Dec 24
Community activity
LiquidityStrongPrice momentumRising
5,193 sales and 5,469 rentals in the last 12 months
Off-plan vs ready
Ready 61.1%Off-plan 38.9%
Primary vs resale
Resale 61.1%Primary 38.9%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,942,000 | 828 |
| 2024-12-13 | Violet 3 | 4 | 2,407 sqft | AED 2,380,000 | 989 |
| 2024-12-13 | Violet 3 | 4 | 2,407 sqft | AED 2,276,000 | 946 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,903,160 | 811 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,942,000 | 828 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,913,000 | 816 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Elo 3
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Elo 3
- What is the handover date for Elo 3?
- Elo 3 is scheduled for handover in Q2 2027.
- What is the starting price of Elo 3?
- Prices start from AED 1,357,000. Contact our team for current availability.
- Who is the developer of Elo 3?
- Elo 3 is being developed by DAMAC Properties.
- Where is Elo 3 located?
- Elo 3 is located in DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE.