ELO vs ELO 3
Side by side on price, unit sizes, payment plan and handover.
Where each one wins
Drawn from the two developments' published prices, plans and handover targets.
Lower entry price
ELO 3 starts 2% lower, at AED 1,372,000 against AED 1,397,000. Check that you are comparing like with like: the entry unit may be a different size or type.
More space for the money
On average ELO 3 works out at about AED 1,396 per sq ft against AED 1,417 at ELO.
Sooner to complete
ELO is targeted for Q3 2028, ahead of ELO 3 in Q4 2028. Earlier handover means earlier rent, and less time for the market to move against you.
Side by side
| Attribute | ELO | ELO 3 |
|---|---|---|
| Developer | DAMAC Properties | DAMAC Properties |
| Location | DAMAC Hills 2, Dubai | DAMAC Hills 2, Dubai |
| Status | Under construction | Under construction |
| Handover | Q3 2028 | Q4 2028 |
| Price from | AED 1,397,000 | AED 1,372,000 |
| Average AED / sq ft | 1,417 | 1,396 |
| Home types | Apartments | Apartments |
| Bedrooms | 2 bed | 2 bed |
| Sizes | 986 to 1,033 sq ft | 983 to 1,052 sq ft |
| Payment plan | 5/55/40 | 5/55/40 |
| Due before handover | 60% | 60% |
| Post-handover payments | No | No |
| Fees on entry price (est.) | AED 56,900 | AED 55,900 |
| Tenure | Freehold | Freehold |
| Golden Visa range (AED 2m+) | No | No |
| Total homes | n/a | n/a |
Developer list prices and stated targets; each development page shows when its figures were last checked.
Starting prices for the same home type
| Home type | ELO | ELO 3 | Difference |
|---|---|---|---|
| 2-bedroom apartments | AED 1,397,000986 to 1,033 sq ft | AED 1,372,000983 to 1,052 sq ft | AED 25,000 more at ELO |
ELO
A 14-floor apartment building overlooking the parkland of DAMAC Hills 2. Two-bedroom apartments listed from AED 1,397,000 in November 2026, with handover now shown as Q3 2028.
What works
- Two-bedroom apartments from about AED 1.4 million, a lower entry price than most of Dubai's established communities.
- Inside DAMAC Hills 2, with the wave pool, lazy river, sports fields and community mall already open.
- Only 5% plus the DLD fee is due on booking, with 40% left until completion.
What to weigh
- Handover has moved from December 2026 to Q3 2028 on DAMAC's unit cards; Property Finder recorded construction at about 13% in December 2025.
- 55% of the price is due within 18 months of purchase, well before completion.
- DAMAC Hills 2 is a long drive from the coast and the main business districts.
ELO 3
The third ELO apartment building in DAMAC Hills 2, with one- and two-bedroom homes around the community parkland. Two-bedroom apartments listed from AED 1,372,000 in November 2026, with handover shown as Q4 2028.
What works
- Two-bedroom apartments from AED 1,372,000, with nine units listed in November 2026.
- Pre-completion instalments spread over 24 months.
- The community's leisure facilities, mall and hotel are already open.
What to weigh
- DAMAC gives two handover dates, Q3 2027 in its FAQ and Q4 2028 on its unit cards; confirm the date in the sale agreement.
- No independent record of construction progress was found.
- 55% of the price is due within 24 months of purchase, before completion.
ELO or ELO 3?
Which is cheaper, ELO or ELO 3?
ELO 3 has the lower starting price at AED 1,372,000, compared with AED 1,397,000 at ELO. These are developer list prices for the smallest available unit type in each.
Which will be finished first?
ELO has the earlier target (Q3 2028). Off-plan handover dates are developer estimates and can slip.
How do the payment plans differ?
ELO is sold on a 5/55/40 plan with 60% due before handover. ELO 3 is sold on a 5/55/40 plan with 60% due before handover.
Are ELO and ELO 3 by the same developer?
Yes, both are by DAMAC Properties.
Want a straight answer on which to buy?
The right choice depends on your budget, timing and what the property is for. Tell us and we'll give you a recommendation, with the reasons.
- Current price list and availability, direct from the developer
- No fee to you on off-plan purchases: the developer pays us
- One salaried adviser, not on commission, from first call to handover
