1-bed · 552 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 14th floor

1438, 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 1438 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 796K23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1438, Elo 2 at Damac Hills 2

What is 1438 worth today?

Last sold for AED 796,000 in 2024

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23 Oct 2024Sold by developerOff-plan
AED 796,000AED 1,441 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
1-bed apartment
Size
552 sqft
Floor
14th of 14
Parking
1
Last sold
AED 796K · October 2024

About 1438, Elo 2 at Damac Hills 2

1438 is a one-bedroom apartment of 552 sqft on the 14th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 23 October 2024 for AED 796,000, or AED 1,441 per sqft, 16% above 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 1438 over time

Sales
Unit 1438, each saleTypical one-bed in Elo 2 at Damac Hills 2
700K800K2024202520262027Typical sale price by year: 2024 AED 690,000; 2025 AED 668,500; 2026 AED 710,000Sold by developer, October 2024: AED 796,000 (AED 1,441 per sqft)

1438 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 1438 sits

All 383 1-beds →

1438 last sold in October 2024 at AED 1,441 per sqft, 16% above 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 14th floor

All 533 units in Elo 2 at Damac Hills 2
Value
14011-bedAED 795K · Oct 2024
14021-bedAED 801K · Sep 2024
14031-bedAED 796K · Oct 2024
14041-bedAED 796K · Oct 2024
14051-bedAED 796K · Oct 2024
14062-bedAED 1.48M · Dec 2024
14072-bedAED 1.49M · Dec 2024
1–7 of 37

1438, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 23 October 2024 for AED 796,000, or AED 1,441 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 23 October 2024.

Questions about 1438, Elo 2 at Damac Hills 2

What did unit 1438 last sell for?

AED 796,000 on 23 October 2024, sold by the developer: AED 1,441 per sqft for 552 sqft. It is the only registered sale of the unit.

How big is unit 1438?

552 sqft (51.3 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower.

What is unit 1438 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 1438, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 796K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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