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 Apartments at DH2
ELO 2, 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 Apartments at DH2
ELO is a new residential development by DAMAC Properties, consisting of two 14-storey towers in DAMAC Hills 2. The project offers stylish 1–2 bedroom apartments with park views. Located next to Water Town, ELO is ideal for families and investors looking for affordable property with high rental potential and access to world-class amenities.
Project documents
Brochures
Not available yet
Payment schedule
Payment Plan 712
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
Market Intelligence
Completed transactions in DAMAC Hills 2 (Akoya by DAMAC)
Median sale price/sqft
AED 1,156/sqft+36.5%
Median sale price
AED 1,695,000
Gross rental yield
4.7%
Median annual rent
AED 80,000
Median price/sqft over time
Jan 24Range AED 1,042 – AED 1,217Dec 24
Community activity
LiquidityStrongPrice momentumRising
5,605 sales and 5,589 rentals in the last 12 months
Off-plan vs ready
Ready 58%Off-plan 42%
Primary vs resale
Resale 58%Primary 42%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-30 | Violet 2 | 4 | 2,407 sqft | AED 2,339,000 | 972 |
| 2024-12-30 | Violet 3 | 4 | 2,407 sqft | AED 2,282,000 | 948 |
| 2024-12-30 | Violet 4 | 4 | 2,345 sqft | AED 2,000,000 | 853 |
| 2024-12-30 | ELO | 1 | 614 sqft | AED 700,000 | 1,141 |
| 2024-12-30 | Violet | 4 | 2,352 sqft | AED 1,920,000 | 816 |
| 2024-12-30 | Vardon | 3 | 1,669 sqft | AED 1,100,000 | 659 |
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 Apartments at DH2
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 Apartments at DH2
- What is the handover date for ELO Apartments at DH2?
- ELO Apartments at DH2 is scheduled for handover in Q2 2027.
- What is the starting price of ELO Apartments at DH2?
- Prices start from AED 650,000. Contact our team for current availability.
- Who is the developer of ELO Apartments at DH2?
- ELO Apartments at DH2 is being developed by DAMAC Properties.
- Where is ELO Apartments at DH2 located?
- ELO Apartments at DH2 is located in ELO 2, DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE.