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2-bedroom apartments at ELO 2

By DAMAC Properties in DAMAC Hills 2, Dubai

Price from
AED 1,374,000
about £282K or $374K
Size
983 to 1,037 sq ft
from 91 m²
Payment plan
5/55/40
60% before handover
Handover
Q4 2028
Rendering of the curved ELO 2 building at dusk
Rendering of the front of the building with its curved balconies
Rendering of a balcony looking over the trees and homes of DAMAC Hills 2
Rendering of the pool and swim-up bar
Interior rendering of a living and dining area opening onto a balcony
Interior rendering of a living room with a green kitchen and dining table
Rendering of a pool terrace with a fire pit and seating at dusk
Aerial rendering of sports courts and landscaping in DAMAC Hills 2

Payment plan

5/55/40

60% due before handover

  1. Booking depositOn booking5%AED 68,700
  2. During construction23 instalments from month 1 to month 24 after purchase55%AED 755,700
  3. On completionQ4 202840%AED 549,600
  4. Paid before handoverAED 824,400

DAMAC plan PP-641414 (August 2026), published for 2-bedroom apartments at ELO 2 and ELO 3. DAMAC's schedule shows 9% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee.

Amounts are worked on a 2-bedroom apartment at its starting price of AED 1,374,000.

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For 2-bedroom apartments

Other homes at ELO 2

How 2-bedroom apartments compare with the other home types here.

2-bedroom apartmentsThis pageFrom AED 1.37M983 to 1,037 sq ft, AED 1,398 per sq ft

Starting prices are the published figures from the sources listed on this page, checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • 2 bed
  • Apartment
  • Freehold
  • Under construction
Development
ELO 2
Location
DAMAC Hills 2, Dubai
Price to
AED 1,488,000
AED per sq ft
1,398

About these homes

2-bedroom apartments at ELO 2 start from AED 1,374,000, with 983 to 1,037 sq ft of space, or about AED 1,398 per square foot. Handover is targeted for Q4 2028 and the developer sells on a 5/55/40 payment plan. Ten units listed on DAMAC's site on 13 November 2026.

About ELO 2

Buying costs

Purchase priceEntry 2-bedroom apartment at ELO 2AED 1,374,000
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 54,960
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 1,429,980about £293K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. 2-bedroom apartments here are priced below the AED 2 million threshold, though properties can be combined to reach it. How the property route works

Planning to finance at handover? See what the repayments look like in the mortgage calculator.

Other 2-bedroom apartments in Dubai

The closest alternatives by location and price among the developments we cover.

ELO 3From AED 1.37MDAMAC Properties, DAMAC Hills 2, 983 to 1,052 sq ft, handover Q4 2028ELOFrom AED 1.4MDAMAC Properties, DAMAC Hills 2, 986 to 1,033 sq ft, handover Q3 2028Samana Downtown OneFrom AED 1.4MSamana Developers, Downtown Jebel Ali, handover Q4 2029Samana South HavenFrom AED 1.3MSamana Developers, Dubai Industrial City, handover Q2 2029Samana Greenfield 2From AED 1.3MSamana Developers, Al Warsan, handover Q3 2029Weybridge Gardens 5From AED 1.49MLEOS Developments, Dubailand Residence Complex, 1,151 to 1,247 sq ft, handover Q2 2027

About ELO 2

The second ELO apartment building in DAMAC Hills 2, near Water Town and facing the park. Two-bedroom apartments listed from AED 1,374,000 in November 2026, with handover now shown as Q4 2028.

View the full development page

Questions buyers ask

What is the price of a 2-bedroom apartment at ELO 2?

2-bedroom apartments at ELO 2 start from AED 1,374,000, rising to around AED 1,488,000 for the largest layouts and best positions (published figures, checked 13 November 2026). That is roughly AED 1,398 per square foot at the entry price.

How big is a 2-bedroom apartment at ELO 2?

2-bedroom apartments here measure 983 to 1,037 sq ft. Sizes are the developer's published figures and vary by layout and floor.

How much is the deposit on a 2-bedroom apartment at ELO 2?

Under the 5/55/40 plan the first payment is 5%, about AED 68,700 on the entry price, with 60% of the price due before handover in total.

Does a 2-bedroom apartment at ELO 2 qualify for a Golden Visa?

Not on its own: the Golden Visa needs property worth AED 2 million or more and 2-bedroom apartments here start from AED 1.37M. It can be combined with another property to reach the threshold.

When will 2-bedroom apartments at ELO 2 be ready?

DAMAC Properties' current handover target for ELO 2 is Q4 2028. Treat it as an estimate until the developer issues a completion notice.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

More on ELO 2

The development, the area and the guides worth reading before you reserve a 2-bedroom apartment.

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