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2-bedroom apartments at ELO

By DAMAC Properties in DAMAC Hills 2, Dubai

Price from
AED 1,397,000
about £286K or $380K
Size
986 to 1,033 sq ft
from 92 m²
Payment plan
5/55/40
60% before handover
Handover
Q3 2028

Payment plan

5/55/40

60% due before handover

  1. Booking depositOn booking5%AED 69,850
  2. During construction17 instalments from month 1 to month 18 after purchase55%AED 768,350
  3. On completionQ3 202840%AED 558,800
  4. Paid before handoverAED 838,200

DAMAC plan PP-641416 (August 2026), published for 2-bedroom apartments. 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 1,397,000.

For 2-bedroom apartments

Other homes at ELO

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

2-bedroom apartmentsThis pageFrom AED 1.4M986 to 1,033 sq ft, AED 1,417 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
Location
DAMAC Hills 2, Dubai
Price to
AED 1,481,000
AED per sq ft
1,417

About these homes

2-bedroom apartments at ELO start from AED 1,397,000, with 986 to 1,033 sq ft of space, or about AED 1,417 per square foot. Handover is targeted for Q3 2028 and the developer sells on a 5/55/40 payment plan. Six units listed on DAMAC's site on 13 November 2026.

About ELO

Buying costs

Purchase priceEntry 2-bedroom apartment at ELOAED 1,397,000
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 55,880
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 1,453,900about £298K

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

About 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.

View the full development page

Questions buyers ask

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

2-bedroom apartments at ELO start from AED 1,397,000, rising to around AED 1,481,000 for the largest layouts and best positions (published figures, checked 13 November 2026). That is roughly AED 1,417 per square foot at the entry price.

How big is a 2-bedroom apartment at ELO?

2-bedroom apartments here measure 986 to 1,033 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?

Under the 5/55/40 plan the first payment is 5%, about AED 69,850 on the entry price, with 60% of the price due before handover in total.

Does a 2-bedroom apartment at ELO 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 1.4M. It can be combined with another property to reach the threshold.

When will 2-bedroom apartments at ELO be ready?

DAMAC Properties' current handover target for ELO is Q3 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

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