2-bed · 834 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 3rd floor

318, Elo 2 at Damac Hills 2

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 880K7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Elo 2 at Damac Hills 2

What is 318 worth today?

Last sold for AED 879,700 in 2025

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7 Jan 2025Sold by developerOff-plan
AED 879,700AED 1,054 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
834 sqft
Floor
3rd of 14
Parking
1
Last sold
AED 880K · January 2025

About 318, Elo 2 at Damac Hills 2

318 is a two-bedroom apartment of 834 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 7 January 2025 for AED 879,700, or AED 1,054 per sqft, 14% below the AED 1,221 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical two-bed in Elo 2 at Damac Hills 2
1M1.2M2024202520262027Typical sale price by year: 2024 AED 984,000; 2025 AED 1,060,000; 2026 AED 1,313,875Sold by developer, January 2025: AED 879,700 (AED 1,054 per sqft)

318 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 318 sits

All 150 2-beds →

318 last sold in January 2025 at AED 1,054 per sqft, 14% below what two-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,221). 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

318, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 7 January 2025 for AED 879,700, or AED 1,054 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 7 January 2025.

Questions about 318, Elo 2 at Damac Hills 2

What did unit 318 last sell for?

AED 879,700 on 7 January 2025, sold by the developer: AED 1,054 per sqft for 834 sqft. It is the only registered sale of the unit.

How big is unit 318?

834 sqft (77.5 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 318 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 318, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 880K, 7 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 879,700
Deposit, UAE resident (20%)
AED 175,940
Deposit, non-resident (40%)
AED 351,880
Monthly over 25 years at 3.7%
AED 3,599

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