2-bed · 778 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 4th floor

437, 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 437 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 955K30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 437, Elo 2 at Damac Hills 2

What is 437 worth today?

Last sold for AED 955,000 in 2024

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30 Sep 2024Sold by developerOff-plan
AED 955,000AED 1,228 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
778 sqft
Floor
4th of 14
Parking
1
Last sold
AED 955K · September 2024

About 437, Elo 2 at Damac Hills 2

437 is a two-bedroom apartment of 778 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 30 September 2024 for AED 955,000, or AED 1,228 per sqft, in line with the AED 1,228 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 437 over time

Sales
Unit 437, 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, September 2024: AED 955,000 (AED 1,228 per sqft)

437 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 437 sits

All 150 2-beds →

437 last sold in September 2024 at AED 1,228 per sqft, in line with what two-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,228). 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

437, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 30 September 2024 for AED 955,000, or AED 1,228 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 30 September 2024.

Questions about 437, Elo 2 at Damac Hills 2

What did unit 437 last sell for?

AED 955,000 on 30 September 2024, sold by the developer: AED 1,228 per sqft for 778 sqft. It is the only registered sale of the unit.

How big is unit 437?

778 sqft (72.3 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 437 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 437, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 955K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 955,000
Deposit, UAE resident (20%)
AED 191,000
Deposit, non-resident (40%)
AED 382,000
Monthly over 25 years at 3.7%
AED 3,907

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