PropertyIndex

Elo

Under Construction · Date not reported|1,702 units · 3 towers · 1 podium

Elo is an under-construction community by DAMAC in Damac Hills 2, comprising 1,702 registered units. 1,668 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,172 per sqft. At AED 1,172 per sqft, Elo prices 5% above the Damac Hills 2 median of AED 1,121 per sqft on registered sales.

PIX© price · ↓0.8% YoY
824KAED
Typical
1,172AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
1,668
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 11
…

1 Bed on Floor 11, Tower 1

Size
Record
Oct 2024 to Oct 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 21 Oct 202632 d
Current owner
1Owner 12 Oct 20242.0 yrs
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1 Bed · Floor 11 · Tower 1
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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
364 - 1,531 sqft
1,702824K1,172↓0.8%
Residential
1 Bed · Apartment
525 - 646 sqft
1,170
2 Bed · Apartment
768 - 1,084 sqft
501
Commercial
Shop
364 - 1,531 sqft
31---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide1,668 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
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
28 Oct 2026—2 BedTower 3 · Floor 101,0381,359,3601,310-StandardOff-Plan Sale
8 Oct 2026—2 BedTower 3 · Floor 91,0451,326,2001,269-Entry LevelOff-Plan Sale
1 Oct 20261 BedTower 1 · Floor 11552600,0001,087-20.0%StandardOff-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 1,172 per sqft, or about AED 823,611 for a typical unit, based on 1,668 sales registered with the Dubai Land Department.

When is Elo handing over?

Elo is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Elo?

Elo is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elo?

Elo holds 1,702 registered units across 3 towers, per the Dubai Land Department unit register.

Have prices in Elo gone up or down?

Price per sqft has fallen -0.8% over the last 12 months, to AED 1,172, across 1,668 registered sales.