PropertyIndex

Elo

Under Construction · 1%|557 units · 1 building

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Elo is an under-construction apartment development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 557 registered units. 567 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,295 per sqft. At AED 1,295 per sqft, Elo prices 23% above the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 9.1% YoY
826KAED
Typical
1,295AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
567
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Elo

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
525 – 1,079 sqft
557826K1,2959.1%
1 Bed · Apartment
525 – 642 sqft
390
2 Bed · Apartment
774 – 1,079 sqft
167
No rental contracts registered — the project has not handed over.
Sales — Project-Wide567 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 301 sales
Floors 1-9 · 200 sales
Floors 10-14 · 101 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
3 Aug 20262 BedDamac Hills (2)-Elo · Floor 127751,032,0001,3310.0%StandardOff-Plan Sale
23 Jul 20262 BedDamac Hills (2)-Elo · Floor 5832948,5201,140+4.0%Entry LevelOff-Plan Sale
9 Jul 20261 BedDamac Hills (2)-Elo · Floor 1311,500Off-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Common questions about Elo

Answered from Dubai Land Department registered transactions.

How much does a property in Elo cost?

Property in Elo sells at a current PIX© price of AED 1,295 per sqft, or about AED 826,377 for a typical unit, based on 567 sales registered with the Dubai Land Department.

When is Elo handing over?

Elo is under construction, and is 1% complete against the Dubai Land Department's reported progress.

Who is the developer of Elo?

Elo is developed by FRONT LINE INVESTMENT MANAGEMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elo?

Elo holds 557 registered units, per the Dubai Land Department unit register.

Have prices in Elo gone up or down?

Price per sqft has risen +9.1% over the last 12 months, to AED 1,295, across 567 registered sales.