Elo Damac
The facts, verified
About the project
Project general facts Damac Elo is a contemporary residential development located within the master-planned 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. Created to meet the needs of modern urban lifestyles, the development combines contemporary architecture, efficient layouts, and functional living spaces, providing residents with a comfortable environment within one of Dubai’s rapidly growing residential destinations. The project offers a range of lifestyle amenities designed to promote wellness, relaxation, and community living. Residents can enjoy swimming pools, a state-of-the-art fitness center, and vibrant communal areas designed for social interaction and recreation. As part of the wider DAMAC Hills 2 community, homeowners also benefit from access to extensive leisure facilities, green spaces, sports attractions, and family-oriented amenities, creating a dynamic and well-rounded residential environment. The interiors feature high-end finishes and carefully selected quality materials that enhance both aesthetics and functionality. Natural wood accents, premi
Amenities
Elo Damac payment plan
| Milestone | Share | On AED 1.40M |
|---|---|---|
| On booking | 20% | AED 279K |
| During construction | 30% | AED 419K |
| Upon Handover | 50% | AED 699K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 279,400 |
| During construction (30%) | ≈ AED 17,463 equivalent per month over 24 months | AED 419,100 |
| Handover (50%) | On completion | AED 698,500 |
| DLD fee (4%) | On booking | AED 55,880 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Elo Damac prices and unit mix
Project documents
Damac Hills 2 masterplan
Elo Damac location and connectivity
Damac Hills 2 registered prices, against Elo 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 Damac
What is the starting price at Elo Damac?
Elo Damac starts from AED 1.40M and runs to AED 1.48M, across 2 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
What is the Elo Damac payment plan?
20% on booking, 30% during construction, 50% upon handover, worked in dirhams on AED 1.40M 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 Damac handover?
DAMAC lists handover for DEC 2026, 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 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 0205542593322. 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.