1-bed · 557 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 12th floor

1232, 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 1232 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 769K18 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1232, Elo 2 at Damac Hills 2

What is 1232 worth today?

Last sold for AED 769,000 in 2024

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18 Sep 2024Sold by developerOff-plan
AED 769,000AED 1,379 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
1-bed apartment
Size
557 sqft
Floor
12th of 14
Parking
1
Last sold
AED 769K · September 2024

About 1232, Elo 2 at Damac Hills 2

1232 is a one-bedroom apartment of 557 sqft on the 12th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 18 September 2024 for AED 769,000, or AED 1,379 per sqft, 10% above the AED 1,258 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1232 over time

Sales
Unit 1232, 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 769,000 (AED 1,379 per sqft)

1232 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 1232 sits

All 383 1-beds →

1232 last sold in September 2024 at AED 1,379 per sqft, 10% above what one-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,258). 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 12th floor

All 533 units in Elo 2 at Damac Hills 2
Value
12011-bedAED 768K · Sep 2024
12021-bedAED 769K · Sep 2024
12031-bedAED 730K · Mar 2025
12041-bedAED 769K · Nov 2024
12051-bedAED 759K · Oct 2024
12082-bedAED 1.04M · Oct 2024
12092-bedAED 1.04M · Sep 2024
1–7 of 35

1232, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 18 September 2024 for AED 769,000, or AED 1,379 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 18 September 2024.

Questions about 1232, Elo 2 at Damac Hills 2

What did unit 1232 last sell for?

AED 769,000 on 18 September 2024, sold by the developer: AED 1,379 per sqft for 557 sqft. It is the only registered sale of the unit.

How big is unit 1232?

557 sqft (51.7 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower.

What is unit 1232 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 1232, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 769K, 18 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 769,000
Deposit, UAE resident (20%)
AED 153,800
Deposit, non-resident (40%)
AED 307,600
Monthly over 25 years at 3.7%
AED 3,146

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