Elo 2 and 3 Damac
The facts, verified
About the project
Project general facts Damac Elo 2 and 3 is a contemporary residential development located within the vibrant DAMAC Hills 2 community in Dubai. The project consists of two modern 14-storey towers offering a collection of thoughtfully designed 1- and 2-bedroom apartments. Developed with a focus on modern urban living, the architecture combines clean contemporary lines with functional layouts that maximize space, comfort, and natural light. Positioned within a growing master-planned community, the development provides residents with a balanced lifestyle surrounded by green spaces, leisure facilities, and essential everyday conveniences. The project offers access to a wide range of lifestyle and recreational amenities designed to support both relaxation and active living. Residents can enjoy swimming pools, a state-of-the-art fitness center, and vibrant communal spaces that encourage social interaction and community engagement. As part of DAMAC Hills 2, homeowners also benefit from the wider community’s extensive selection of attractions, including parks, sports facilities, water-based leisure experiences, outdoor recreation areas, and family-friendly amenities, creating a dynamic en
Amenities
Elo 2 and 3 Damac payment plan
| Milestone | Share | On AED 1.33M |
|---|---|---|
| On booking | 20% | AED 265K |
| During construction | 30% | AED 398K |
| Upon Handover | 50% | AED 664K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 265,400 |
| During construction (30%) | ≈ AED 16,588 equivalent per month over 24 months | AED 398,100 |
| Handover (50%) | On completion | AED 663,500 |
| DLD fee (4%) | On booking | AED 53,080 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Elo 2 and 3 Damac prices and unit mix
Project documents
Damac Hills 2 masterplan
Elo 2 and 3 Damac location and connectivity
Damac Hills 2 registered prices, against Elo 2 and 3 Damac
Compare against another launch →About DAMAC
All their projects →
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Getting there
All lines →Questions investors ask about Elo 2 and 3 Damac
What is the starting price at Elo 2 and 3 Damac?
Elo 2 and 3 Damac starts from AED 1.33M and runs to AED 1.49M, across 2 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
What is the Elo 2 and 3 Damac payment plan?
20% on booking, 30% during construction, 50% upon handover, worked in dirhams on AED 1.33M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Elo 2 and 3 Damac handover?
DAMAC lists handover for JUN 2027, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Elo 2 and 3 Damac?
In Damac Hills 2, Dubai. The Damac Hills 2 community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Yes, escrow account 0205542593324. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.