Elo
Project Overview
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.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Damac Properties.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
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
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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