1-bed · 557 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 10th floor

1001, Elo 2 at Damac Hills 2

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 740K24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Elo 2 at Damac Hills 2

What is 1001 worth today?

Last sold for AED 740,000 in 2024

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24 Sep 2024Sold by developerOff-plan
AED 740,000AED 1,327 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
1-bed apartment
Size
557 sqft
Floor
10th of 14
Parking
1
Last sold
AED 740K · September 2024

About 1001, Elo 2 at Damac Hills 2

1001 is a one-bedroom apartment of 557 sqft on the 10th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 24 September 2024 for AED 740,000, or AED 1,327 per sqft, 7% above the AED 1,235 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Elo 2 at Damac Hills 2
700K750K2024202520262027Typical sale price by year: 2024 AED 690,000; 2025 AED 668,500; 2026 AED 710,000Sold by developer, September 2024: AED 740,000 (AED 1,327 per sqft)

1001 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elo 2 at Damac Hills 2, and where 1001 sits

All 383 1-beds →

1001 last sold in September 2024 at AED 1,327 per sqft, 7% above what one-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,235). Over the last 12 months one-beds sold for AED 585,000 to 782,000, around AED 1,270 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Mar 2026663,000
5 Feb 2026703,000
12 Jan 2026710,000
12 Jan 2026782,000
7 1-bed sales in the last 12 months

Elo 2 at Damac Hills 2

Building

533 apartments, 1-bed to 2-bed over 14 floors in Damac Hills 2. 20 sold in the last 12 months.

Typical price per sqft
AED 1,275 Up 2.9%
Typical sale
AED 987K
Typical rent
Few contracts
Typical yield
Elo 2 at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 10th floor

All 533 units in Elo 2 at Damac Hills 2
Value
10021-bedAED 741K · May 2025
10031-bedAED 741K · Oct 2024
10041-bedAED 741K · Sep 2024
10051-bedAED 741K · Oct 2024
10062-bedAED 1.41M · Oct 2024
10082-bedAED 994K · Sep 2024
10092-bedAED 959K · Mar 2025
1–7 of 36

1001, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 24 September 2024 for AED 740,000, or AED 1,327 per sqft.
  • One-beds in Elo 2 at Damac Hills 2 sold for AED 585,000–782,000 in the 12 months to November 2026; the building's median across all types is AED 1,275 per sqft.

Source: Dubai Land Department. Updated 24 September 2024.

Questions about 1001, Elo 2 at Damac Hills 2

What did unit 1001 last sell for?

AED 740,000 on 24 September 2024, sold by the developer: AED 1,327 per sqft for 557 sqft. It is the only registered sale of the unit.

How big is unit 1001?

557 sqft (51.7 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elo 2 at Damac Hills 2 sold for AED 585,000 to 782,000 in the last 12 months, around AED 1,270 per sqft.

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Mortgage on 1001, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 740K, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →