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ELO 3 at DAMAC Hills 2, Dubai

DAMAC Hills 2 - Dubai
Q4 2026
Handover
802 sqft
From size
1-2 Bedroom
Layouts
DAMAC Hills 2, Dubai · 1-2 Bedroom · from 802 sqft · handover Q4 2026 · starting at 1,033,000 AED

About the project

Embrace a unique lifestyle at ELO 3, nestled in the heart of DAMAC Hills 2 and overlooking picturesque parklands. ELO 3 stands out with its sleek, modern curves and cascading private outdoor spaces, making a bold architectural statement within one of Dubai’s most dynamic communities.

Designed to elevate your living experience, ELO 3 combines contemporary architecture with state-of-the-art amenities. Its prime location near Water Town and the park ensures a vibrant lifestyle that transitions effortlessly from the ordinary to the extraordinary.

Conveniently situated in DAMAC Hills 2, ELO 3 is well-connected to four major highways and an extensive network, putting the entire city within easy reach.

Pricing:

  • 1 Bedroom – Starting From 1,118,000 AED
  • 2 Bedroom – Starting From 1,033,000 AED

Payment Plan 70/30:

  • Down payment 20% + 4% DLD Fee
  • 6% – 3 months after reservation (1% monthly for 7 installments)
  • 5% – 9 months after reservation
  • 8% – 10 months after reservation (1% monthly for 8 installments)
  • 5% – 18 months after reservation
  • 16% – 19 months after reservation (1% monthly for 16 installments)
  • 5% On 80% building completion
  • 5% On 90% building completion
  • 30% On Handover

Handover: 31/12/2026

About Developer – DAMAC

Since its inception in 2002 as part of the multifaceted DAMAC Group, founded in 1982, DAMAC Properties has been a key player in Dubai’s residential real estate market. Renowned for their excellence, DAMAC has received numerous prestigious awards, including Developer of the Year. With nearly 44,000 units delivered and an ever-increasing construction pace, DAMAC continues to demonstrate stable growth and reliability in the industry.

Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.

The developer

DAMAC Properties
Dubai's largest private luxury developer — iconic brand partnerships at every turn.
DAMAC Properties is a major private luxury developer with an extensive presence in Dubai, founded in 2002 by Hussain Sajwani. The company is renowned for its collaborations with global luxury brands — Versace, Roberto Cavalli, de GRISOGONO, Paramount, and Trump — and for landmark mega-developments such as DAMAC Hills (1, 2 & Lagoons), DAMAC Islands, and Akoya. Taken private in 2022, DAMAC is today one of the largest privately held real-estate companies in the Middle East.
2002FoundedDubai, UAEHeadquarters44,000+ units deliveredProjects delivered
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About DAMAC Hills 2

The smaller, budget-friendly sister of DAMAC Hills.

DAMAC Hills 2 (formerly Akoya Oxygen) is an affordable family community by DAMAC, located south of Studio City and Al Maktoum Airport. Sub-communities include Akoya, Just Cavalli, Trump Estates and more. The average price is around AED 780 per sq ft, with a median range of 600-950. Yields of 6.5-8% (apartments 7-9% in Fiora/Virdis). 65% of residents are owner-occupiers — a sign of market stability.
5.4–9%Rental yieldJebel Ali School (~15 min)NearbyAster ClinicNearbyMall of the Emirates · ~25 minDrive time
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Location

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Within 3 business hours you'll receive a full briefing on ELO 3 at DAMAC Hills 2, Dubai — floor plans, payment schedule, ROI projection, and the full amenity list — as a single PDF.

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