Dive into a world of unmatched comfort and harmony with nature in the new ELO community by DAMAC Properties.
Dive into a world of unmatched comfort and harmony with nature in the new ELO community by DAMAC Properties. The complex consists of two elegant 14-storey buildings and is situated in the green community of DAMAC Hills 2. ELO currently offers elegant 1-2-bedroom apartments with spacious balconies that are ideal for taking in the captivating views of the lush park. The size of the apartments ranges from 530 sq. ft. to 1,100 sq. ft. The naturally bright interiors will be styled in warm earthy tones, blending seamlessly with the natural landscapes visible through the windows.
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
Plunge into the refreshing pool while enjoying the breathtaking panoramic view and having a delicious cocktail, all without ever leaving the comforting waters.
Watch your favourite films in the most romantic setting — under the evening sky aglow with thousands of stars.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Climbing Wall
Gym
Bbq Area
Kids Playgrounds
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About the Developer
DAMAC Properties has been constructing significant real estate projects in the Middle East for over 20 years. In addition, the developer operates in Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom.
203
Completed projects
2002
Year of foundation
The developer of the complex is DAMAC Properties.
The complex is located in DAMAC Hills 2.
There are 1-2 bedroom apartments available for purchase.
The handover of the complex is planned for the fourth quarter of 2026.
The developer offers a convenient 70/30 payment plan, which includes a 20% deposit upon booking.
As of the first quarter of 2024, the starting price for a 1-bedroom apartment in ELO is AED 547K (USD 149K).
Yes, you can obtain a residency visa provided the purchase amount meets the minimum requirement.
You can get a 2-year visa if you invest at least AED 750K (USD 204K).
Yes, citizens of all countries can purchase apartments in this complex.
Yes, it's a very profitable investment because the starting rental cost for a 1-bedroom apartment in DAMAC Hills 2 as of Q1 2024 is AED 37K (USD 10K) per year, with an average ROI of 8.1%.
Yes, it's an excellent choice for families with children, young professionals and couples. The complex is surrounded by green parks and features a children's playground, open-air cinema, gym and climbing wall, and there is a nursery and wave pool nearby.
The DAMAC Hills 2 community boasts supermarkets, educational and medical institutions, a farmers' market, as well as sports facilities and entertainment for all ages — water play areas and splash parks, a football pitch, basketball and tennis courts, jogging and bicycle tracks and more.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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