Prices and rents at Damac Hills 2 Elo 2 and Elo 3
Typical price per sq ft
AED 1,304
Across all home types, last 3 months.
Latest 3 deals
- AED 1.36M2 bed · 1,038 sq ft · 28 Oct 2026
- AED 1.33M2 bed · 1,045 sq ft · 8 Oct 2026
- AED 1.29M2 bed · 981 sq ft · 1 Oct 2026
Investor intelligence
| Home | Typical price, last 3 months | Size | Per sq ft | Rent nearby, a year | Rent on price |
|---|---|---|---|---|---|
| 2 bed | AED 1.31M | 1,010 sq ft | AED 1,304 | AED 57k | 4.4% |
What are people paying right now?
Deals in the last 12 months
10
Latest deal on 2 Jul 2026.
Latest 3 of 10 deals
- AED 316k1 bed · 264 sq ft · 2 Jul 2026
- AED 801k1 bed · 557 sq ft · 6 May 2026
- AED 663k1 bed · 555 sq ft · 3 Mar 2026
Investor intelligence
| Home | Typical price, last 3 months | Size | Per sq ft | Rent nearby, a year | Rent on price |
|---|---|---|---|---|---|
| 2 bed | AED 1.31M | 1,010 sq ft | AED 1,304 | AED 57k | 4.4% |
What will it really cost you?
Based on the typical off-plan 1-bedroom here at AED 707k, and renting a 1-bedroom in DAMAC Hills 2 for AED 53k a year.
From handover, the mortgage is AED 1,233 a month less than renting.
Before service charges and any change in price.
Cash you need by handover at 20% down
AED 279k
- Down paymentAED 141,300
- DLD registration fee (Oqood)AED 28,280
- Mortgage and valuationAED 4,703
- Rent until handoverAED 105,000
Rent until handover adds AED 105,000: AED 279,283 with it, AED 174,283 without.
Over 5 years from handover, buying costs about AED 153k 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?
Typical price
AED 1.31M
6 deals in 3 months. About half signed at AED 1.26M to AED 1.38M.
AED 1.25M was the lowest, on 11 Aug 2026
Latest 3 of 6 deals
- AED 1.36M2 bed · 1,038 sq ft · 28 Oct 2026
- AED 1.33M2 bed · 1,045 sq ft · 8 Oct 2026
- AED 1.29M2 bed · 981 sq ft · 1 Oct 2026
Investor intelligence
| Home | Typical price, last 3 months | Size | Per sq ft | Rent nearby, a year | Rent on price |
|---|---|---|---|---|---|
| 2 bed | AED 1.31M | 1,010 sq ft | AED 1,304 | AED 57k | 4.4% |
What will it really cost you?
Based on the typical off-plan 2-bedroom here at AED 1.31M, and renting a 2-bedroom in DAMAC Hills 2 for AED 57k a year.
From handover, the mortgage is AED 1,076 a month more than renting.
Before service charges and any change in price.
Cash you need by handover at 20% down
AED 435k
- Down paymentAED 262,400
- DLD registration fee (Oqood)AED 52,500
- Mortgage and valuationAED 5,914
- Rent until handoverAED 114,200
Rent until handover adds AED 114,200: AED 435,014 with it, AED 320,814 without.
Over 5 years from handover, buying costs about AED 281k 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 2 and Elo 3 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 707k
Based on 10 off-plan sales in the last 12 months. No resales yet, so there is no resale range.
What are 2-bedrooms selling for here?
AED 1.31M
Based on 22 off-plan sales in the last 12 months. No resales yet, so there is no resale range.
Similar buildings
Questions people ask
Quick answers, from the same deals as the rest of this page.
How much is a 2-bedroom in Damac Hills 2 Elo 2 and Elo 3?
About AED 1.31M off-plan, from 22 sales in the last 12 months. No resale price yet.