Elo 1

Under Construction · Date not reported|557 units · 1 tower

Elo 1 is an under-construction development by DAMAC in Damac Hills 2, comprising 557 registered units. 571 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,225 per sqft. At AED 1,225 per sqft, Elo 1 prices 12% above the Damac Hills 2 median of AED 1,094 per sqft on registered sales.

PIX© price · ↑1.2% YoY

777KAED

Typical

1,225AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

571

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDamac Hills 2

Drive times · typical

Downtown Dubai34 min · 41.1 km

DXB Airport35 min · 46.9 km

DIFC38 min · 43.5 km

Dubai Marina37 min · 37.4 km

Palm Jumeirah40 min · 39.2 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 123.4 km

MallShahbazcarpet2.1 km

SchoolShining Stars Nursery Dubai0.2 km

HospitalMedcare Medical Centre, The Valley7.2 km

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Exclusive to PropertyIndex©

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.

Floor

Units on floor 13

…

1 Bed on Floor 13, Elo 1

Size
Record: Aug 2024 to Sep 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	9 Sep 2026				8 d	Current owner
1Owner 1	5 Aug 2024				2.1 yrs

PIX© Airbnb Calculator

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1 Bed · Floor 13 · Elo 1

Nightly rateAED

Occupancy (237 nights)

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Elo 11,225AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 525 - 1,079 sqft	557	777K	1,225	↑1.2%
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-Wide571 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	1 Bed	Elo 1 · Floor 13	554	751,000	1,356	0.0%	Premium	Off-Plan Sale
26 Aug 2026	1 Bed	Elo 1 · Floor 4	556	596,000	1,071	0.0%	Entry Level	Off-Plan Sale
21 Aug 2026	1 Bed	Elo 1 · Floor 4	554	648,000	1,170	0.0%	Standard	Off-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.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Elo 1

Compared with

Elo 2

PIX© PSF

1,219

Rank

#3 of 9

#2 of 9

Typical price

784K

Yield

—

Units

557

Sales

571

557

Rents

—

Developer

DAMAC

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Evergreens DAMAC · U/C · Off-plan pricing	131					135	—
	Elo 2 DAMAC · U/C · Off-plan pricing	557					557	—
3	Elo 1 DAMAC · U/C · Off-plan pricing	557	1,219	Subject	784K	—	571	—
	Damac Hills 2 DAMAC · U/C · Off-plan pricing	5,293					7,389	24,006
	Avencia DAMAC · Completed · Off-plan pricing	230					36	1,135
	Elo DAMAC · U/C · Off-plan pricing	1,702					1,662	—
	Elo 3 DAMAC · U/C · Off-plan pricing	557					534	—
	Navitas Hotel and Residences DAMAC · Completed · Off-plan pricing	1,277					130	449
	Navitas A DAMAC · Off-plan pricing	218					59	428

Community median 1,094 AED/sqft. All 8 qualifying community peers shown. 3 community projects excluded for insufficient recorded sales. 19 excluded for trading only in the ready market. 19 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Elo 2AED 1,280/sqft
Damac Hills 2AED 1,137/sqft
AvenciaAED 1,094/sqft
EloAED 1,083/sqft
EvergreensAED 1,422/sqft
Elo 3AED 966/sqft

Common questions about Elo 1

Answered from Dubai Land Department registered transactions.

How much does a property in Elo 1 cost?

Property in Elo 1 sells at a current PIX© price of AED 1,225 per sqft, or about AED 777,118 for a typical unit, based on 571 sales registered with the Dubai Land Department.

When is Elo 1 handing over?

Elo 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Elo 1?

Elo 1 is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elo 1?

Elo 1 holds 557 registered units, per the Dubai Land Department unit register.

Have prices in Elo 1 gone up or down?

Price per sqft has risen +1.2% over the last 12 months, to AED 1,225, across 571 registered sales.