2-bed · 768 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 4th floor

428, 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 428 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 874K20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 428, Elo 2 at Damac Hills 2

What is 428 worth today?

Last sold for AED 874,000 in 2024

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20 Sep 2024Sold by developerOff-plan
AED 874,000AED 1,137 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
768 sqft
Floor
4th of 14
Parking
1
Last sold
AED 874K · September 2024

About 428, Elo 2 at Damac Hills 2

428 is a two-bedroom apartment of 768 sqft on the 4th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 20 September 2024 for AED 874,000, or AED 1,137 per sqft, 6% below the AED 1,207 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 428 over time

Sales
Unit 428, each saleTypical two-bed in Elo 2 at Damac Hills 2
800K1M1.2M2024202520262027Typical sale price by year: 2024 AED 984,000; 2025 AED 1,060,000; 2026 AED 1,313,875Sold by developer, September 2024: AED 874,000 (AED 1,137 per sqft)

428 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 428 sits

All 150 2-beds →

428 last sold in September 2024 at AED 1,137 per sqft, 6% below what two-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,207). 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 4th floor

All 533 units in Elo 2 at Damac Hills 2
Value
4011-bedAED 679K · Sep 2024
4021-bedAED 680K · Oct 2024
4031-bedAED 680K · Oct 2024
4041-bedAED 680K · Oct 2024
4051-bedAED 680K · Sep 2024
4062-bedAED 1.28M · Sep 2024
4072-bedAED 1.25M · Oct 2024
1–7 of 39

428, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 20 September 2024 for AED 874,000, or AED 1,137 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 20 September 2024.

Questions about 428, Elo 2 at Damac Hills 2

What did unit 428 last sell for?

AED 874,000 on 20 September 2024, sold by the developer: AED 1,137 per sqft for 768 sqft. It is the only registered sale of the unit.

How big is unit 428?

768 sqft (71.3 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 428 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 428, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 874K, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 874,000
Deposit, UAE resident (20%)
AED 174,800
Deposit, non-resident (40%)
AED 349,600
Monthly over 25 years at 3.7%
AED 3,576

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