
Elo is a project by Damac, located in Damac Hills 2. The complex features a ground level, a podium floor, and 14 residential floors, offering thoughtfully designed 1- and 2-bedroom apartments. Elo stands as a true architectural masterpiece, blending refined design with functionality. The towers' exterior showcases a modern style with elegant lines and light facades that seamlessly harmonize with the surrounding environment. Interiors are crafted with a strong focus on comfort and aesthetics: neutral tones, spacious layouts, premium materials, and meticulous planning create an inviting atmosphere of luxury and coziness. The complex offers a range of exclusive amenities, including a large swimming pool with a bar, a climbing wall, a state-of-the-art gym equipped with the latest technology, an open-air cinema, and a children's playground. Elo is situated in the vibrant, fast-growing community of Damac Hills 2, connected to four major highways and an extensive transport network, ensuring convenient access to all key destinations across the city. Damac Hills is just 15 minutes away, while Global Village, IMG Worlds of Adventure, and Dubai Outlet Mall are within a 25-minute drive. Al Maktoum International Airport and Dubai International Airport can be reached in approximately 30–35 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Elo launch basis | 761 | AED 685,000 | Current launch / asking basis |
| Damac Hills 2 ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Damac Hills 2 premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |




















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Damac Hills 2
Elo by Damac Properties
Located in Damac Hills 2
Starting from AED 685,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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