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1-bed · 527 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 10th floor

1011, Elo 2 at Damac Hills 2

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

Unit 1011 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 650K2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1011, Elo 2 at Damac Hills 2

What is 1011 worth today?

Last sold for AED 650,000 in 2024

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2 Oct 2024Sold by developerOff-plan
AED 650,000AED 1,233 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
527 sqft
Floor
10th of 14
Parking
1
Last sold
AED 650K · October 2024
Building
Elo 2 at Damac Hills 2

About 1011, Elo 2 at Damac Hills 2

1011 is a one-bedroom apartment of 527 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 2 October 2024 for AED 650,000, or AED 1,233 per sqft, in line with the AED 1,245 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical one-bed in Elo 2 at Damac Hills 2
650K700K2024202520262027Typical sale price by year: 2024 AED 690,000; 2025 AED 668,500; 2026 AED 710,000Sold by developer, October 2024: AED 650,000 (AED 1,233 per sqft)

1011 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 1011 sits

All 383 1-beds →

1011 last sold in October 2024 at AED 1,233 per sqft, in line with what one-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,245). 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
10011-bedAED 740K · Sep 2024
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
1–7 of 36

1011, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 2 October 2024 for AED 650,000, or AED 1,233 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 2 October 2024.

Questions about 1011, Elo 2 at Damac Hills 2

What did unit 1011 last sell for?

AED 650,000 on 2 October 2024, sold by the developer: AED 1,233 per sqft for 527 sqft. It is the only registered sale of the unit.

How big is unit 1011?

527 sqft (49.0 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.

What is unit 1011 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 1011, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 650K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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