Prices and rents at Damac Hills 2 Elo
Deals since January 2024
572
Only 4 in the last 3 months.
Latest 3 of 572 deals
- AED 600k1 bed · 552 sq ft · 1 Oct 2026
- AED 751k1 bed · 554 sq ft · 9 Sep 2026
- AED 596k1 bed · 556 sq ft · 26 Aug 2026
What are people paying right now?
Deals since January 2024
402
Only 4 in the last 3 months.
Latest 3 of 402 deals
- AED 600k1 bed · 552 sq ft · 1 Oct 2026
- AED 751k1 bed · 554 sq ft · 9 Sep 2026
- AED 596k1 bed · 556 sq ft · 26 Aug 2026
What will it really cost you?
Based on the typical off-plan 1-bedroom here at AED 660k, and renting a 1-bedroom in DAMAC Hills 2 for AED 53k a year.
From handover, the mortgage is AED 1,440 a month less than renting.
Before service charges and any change in price.
Cash you need by handover at 20% down
AED 268k
- Down paymentAED 132,000
- DLD registration fee (Oqood)AED 26,420
- Mortgage and valuationAED 4,610
- Rent until handoverAED 105,000
Rent until handover adds AED 105,000: AED 268,030 with it, AED 163,030 without.
Over 5 years from handover, buying costs about AED 143k in fees and interest. Renting costs about AED 263k.
The monthly figure starts at handover. Most payment plans ask for more than 20% before handover. Set the down payment to match yours.
Fees: DLD registration (Oqood) 4% plus admin; mortgage registration 0.25% of the loan plus AED 290; bank valuation about AED 3,000. Developers usually pay the agent's commission and may charge an admin fee. Buying from another owner, not the developer? Agency and trustee fees apply. Lending limits differ for an apartment still being built. Ask your bank.
What are people paying right now?
Deals since January 2024
170
Latest deal on 3 Aug 2026.
Latest 3 of 170 deals
- AED 1.03M2 bed · 775 sq ft · 3 Aug 2026
- AED 949k2 bed · 832 sq ft · 23 Jul 2026
- AED 1.3M2 bed · 981 sq ft · 25 Jun 2026
What will it really cost you?
Based on the typical off-plan 2-bedroom here at AED 982k, and renting a 2-bedroom in DAMAC Hills 2 for AED 57k a year.
From handover, the mortgage is AED 391 a month less than renting.
Before service charges and any change in price.
Cash you need by handover at 20% down
AED 355k
- Down paymentAED 196,400
- DLD registration fee (Oqood)AED 39,300
- Mortgage and valuationAED 5,254
- Rent until handoverAED 114,200
Rent until handover adds AED 114,200: AED 355,154 with it, AED 240,954 without.
Over 5 years from handover, buying costs about AED 211k in fees and interest. Renting costs about AED 286k.
The monthly figure starts at handover. Most payment plans ask for more than 20% before handover. Set the down payment to match yours.
Fees: DLD registration (Oqood) 4% plus admin; mortgage registration 0.25% of the loan plus AED 290; bank valuation about AED 3,000. Developers usually pay the agent's commission and may charge an admin fee. Buying from another owner, not the developer? Agency and trustee fees apply. Lending limits differ for an apartment still being built. Ask your bank.
What does it rent for?
New leases in DAMAC Hills 2 sign for these rents today. Damac Hills 2 Elo has too few leases of its own to show.
- 1 bedAED 53k a year
- 2 bedAED 57k a year
What does a 1-bedroom rent for here?
Not enough deals yet
No new leases here in the last 3 months. Across DAMAC Hills 2, a new 1-bedroom lease is about AED 53k a year.
What does a 2-bedroom rent for here?
Not enough deals yet
No new leases here in the last 3 months. Across DAMAC Hills 2, a new 2-bedroom lease is about AED 57k a year.
Which home type are you after?
Pick a home type above to see what it would sell for.
What are 1-bedrooms selling for here?
AED 660k
Based on 402 off-plan sales since January 2024. No resales yet, so there is no resale range.
What are 2-bedrooms selling for here?
AED 982k
Based on 170 off-plan sales since January 2024. No resales yet, so there is no resale range.
Where else could you buy a 1-bedroom off-plan?
Here are other buildings nearby and what a 1-bedroom costs off-plan in each.
- BuildingTypical priceRent a yearReturn
- Damac Hills 2 Elo 2 and Elo 3AED 707krent: too few
Where else could you buy a 2-bedroom off-plan?
Here are other buildings nearby and what a 2-bedroom costs off-plan in each.
- BuildingTypical priceRent a yearReturn
- Damac Hills 2 Elo 2 and Elo 3AED 1.31Mrent: too few
Is it still selling?
The latest sale in Damac Hills 2 Elo was registered on 1 Oct 2026. 19 sales were registered in the 12 months to 3 Nov 2026, against 55 in the 12 months before.
Sales are counted in the half-year DLD registered them. A half-year still running shows the sales so far.
More in DAMAC Hills 2
Questions people ask
Quick answers, from the same deals as the rest of this page.
How much is a 1-bedroom in Damac Hills 2 Elo?
About AED 660k off-plan, from 402 sales since January 2024. No resale price yet.