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2-bed · 768 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 3rd floor

308, 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 308 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 863K19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Elo 2 at Damac Hills 2

What is 308 worth today?

Last sold for AED 863,000 in 2024

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19 Sep 2024Sold by developerOff-plan
AED 863,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
768 sqft
Floor
3rd of 14
Parking
1
Last sold
AED 863K · September 2024
Building
Elo 2 at Damac Hills 2

About 308, Elo 2 at Damac Hills 2

308 is a two-bedroom apartment of 768 sqft on the 3rd floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 19 September 2024 for AED 863,000, or AED 1,123 per sqft, 7% below the AED 1,214 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Elo 2 at Damac Hills 2
1M1.25M2024202520262027Typical sale price by year: 2024 AED 984,000; 2025 AED 1,060,000; 2026 AED 1,313,875Sold by developer, September 2024: AED 863,000 (AED 1,123 per sqft)

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

2-beds in Elo 2 at Damac Hills 2, and where 308 sits

All 150 2-beds →

308 last sold in September 2024 at AED 1,123 per sqft, 7% below what two-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,214). Over the last 12 months two-beds sold for AED 917,000 to 1,435,000, around AED 1,284 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20261,291,000
18 Sep 20261,435,000
11 Aug 20261,246,400
23 Jul 20261,363,250
13 2-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 3rd floor

All 533 units in Elo 2 at Damac Hills 2
Value
3011-bedAED 671K · Oct 2024
3021-bedAED 672K · Sep 2024
3031-bedAED 672K · Oct 2024
3041-bedAED 672K · Oct 2024
3051-bedAED 672K · Sep 2024
3062-bedAED 1.26M · Aug 2025
3072-bedAED 1.24M · Feb 2025
1–7 of 36

308, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 19 September 2024 for AED 863,000, or AED 1,123 per sqft.
  • Two-beds in Elo 2 at Damac Hills 2 sold for AED 917,000–1,435,000 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 19 September 2024.

Questions about 308, Elo 2 at Damac Hills 2

What did unit 308 last sell for?

AED 863,000 on 19 September 2024, sold by the developer: AED 1,123 per sqft for 768 sqft. It is the only registered sale of the unit.

How big is unit 308?

768 sqft (71.3 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elo 2 at Damac Hills 2 sold for AED 917,000 to 1,435,000 in the last 12 months, around AED 1,284 per sqft.

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Mortgage on 308, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 863K, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 863,000
Deposit, UAE resident (20%)
AED 172,600
Deposit, non-resident (40%)
AED 345,200
Monthly over 25 years at 3.7%
AED 3,531

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