1-bed · 556 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 5th floor

524, 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.

Follow 524

Unit 524 · DLD and Ejari recordsUpdated 2 October 2024

Last soldAED 638K2 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 524

Property timeline for 524, Elo 2 at Damac Hills 2

Today

What is 524 worth today?

Last sold for AED 638,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2024

2 Oct 2024Sold by developerOff-plan

AED 638,000AED 1,148 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type: 1-bed apartment
Size: 556 sqft
Floor: 5th of 14
Parking: 1
Last sold: AED 638K · October 2024
Building: Elo 2 at Damac Hills 2

About 524, Elo 2 at Damac Hills 2

524 is a one-bedroom apartment of 556 sqft on the 5th floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 2 October 2024 for AED 638,000, or AED 1,148 per sqft, 8% below 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 524 over time

Sales

Unit 524, each saleTypical one-bed in Elo 2 at Damac Hills 2

524 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 524 sits

All 383 1-beds →

1-beds in Elo 2 at Damac Hills 2 · last 12 months1,270 /sqft Elo 2 at Damac Hills 2 · all types1,275 /sqft

524 last sold in October 2024 at AED 1,148 per sqft, 8% below 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 sales	Size	Price (AED)	Per sqft
3 Mar 20263 March 2026	555 sqft	663,000	1,194
5 Feb 20265 February 2026	553 sqft	703,000	1,270
12 Jan 202612 January 2026	551 sqft	710,000	1,288
12 Jan 202612 January 2026	555 sqft	782,000	1,408

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 5th floor

All 533 units in Elo 2 at Damac Hills 2


501	1-bed	557 sqft	AED 693KAED 693,000 · Oct 2024October 2024
502	1-bed	557 sqft	AED 694KAED 694,000 · Sep 2024September 2024
503	1-bed	555 sqft	AED 694KAED 694,000 · Oct 2024October 2024
504	1-bed	557 sqft	AED 694KAED 694,000 · Sep 2024September 2024
505	1-bed	547 sqft	AED 694KAED 694,000 · Sep 2024September 2024
506	2-bed	1,036 sqft	AED 1.32MAED 1,321,000 · Sep 2024September 2024
507	2-bed	981 sqft	AED 1.28MAED 1,284,000 · Sep 2024September 2024
508	2-bed	825 sqft	AED 959KAED 959,000 · Sep 2024September 2024
509	2-bed	773 sqft	AED 894KAED 894,000 · Oct 2024October 2024
510	2-bed	802 sqft	AED 926KAED 926,000 · Sep 2024September 2024
511	1-bed	527 sqft	AED 605KAED 605,000 · Sep 2024September 2024
512	1-bed	556 sqft	AED 638KAED 638,000 · Sep 2024September 2024
513	1-bed	557 sqft	AED 638KAED 638,000 · Oct 2024October 2024
514	1-bed	528 sqft	AED 605KAED 605,000 · Oct 2024October 2024
515	1-bed	619 sqft	AED 712KAED 712,000 · Sep 2024September 2024
516	1-bed	553 sqft	AED 641KAED 641,000 · Oct 2024October 2024
517	1-bed	555 sqft	AED 639KAED 639,000 · Nov 2024November 2024
518	2-bed	834 sqft	AED 959KAED 959,000 · Sep 2024September 2024
520	1-bed	553 sqft	AED 641KAED 641,000 · Sep 2024September 2024
521	1-bed	615 sqft	AED 707KAED 707,000 · Oct 2024October 2024
522	1-bed	528 sqft	AED 605KAED 605,000 · Oct 2024October 2024
523	1-bed	557 sqft	AED 638KAED 638,000 · Oct 2024October 2024
525	1-bed	527 sqft	AED 605KAED 605,000 · Sep 2024September 2024
526	2-bed	802 sqft	AED 926KAED 926,000 · Sep 2024September 2024
527	2-bed	773 sqft	AED 894KAED 894,000 · Oct 2024October 2024
528	2-bed	825 sqft	AED 959KAED 959,000 · Oct 2024October 2024
529	2-bed	981 sqft	AED 1.29MAED 1,291,000 · Oct 2026October 2026
530	2-bed	1,036 sqft	AED 1.33MAED 1,331,000 · Jan 2026January 2026
531	1-bed	547 sqft	AED 686KAED 686,000 · Oct 2024October 2024
532	1-bed	557 sqft	AED 694KAED 694,000 · Oct 2024October 2024
533	1-bed	555 sqft	AED 694KAED 694,000 · Sep 2024September 2024
534	1-bed	557 sqft	AED 698KAED 698,000 · Nov 2024November 2024
535	1-bed	557 sqft	AED 693KAED 693,000 · Sep 2024September 2024
536	1-bed	555 sqft	AED 693KAED 693,000 · Oct 2024October 2024
537	2-bed	778 sqft	AED 971KAED 971,000 · Nov 2024November 2024
538	1-bed	552 sqft	AED 692KAED 692,000 · Sep 2024September 2024
539	1-bed	551 sqft	AED 694KAED 694,000 · Oct 2024October 2024
540	1-bed	557 sqft	AED 693KAED 693,000 · Sep 2024September 2024

1–7 of 38

524, Elo 2 at Damac Hills 2 in numbers

Sold once: by the developer on 2 October 2024 for AED 638,000, or AED 1,148 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 2 October 2024.

Questions about 524, Elo 2 at Damac Hills 2

What did unit 524 last sell for?

AED 638,000 on 2 October 2024, sold by the developer: AED 1,148 per sqft for 556 sqft. It is the only registered sale of the unit.

How big is unit 524?

556 sqft (51.7 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 524 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.

Selling 524? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 524, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 638K, 2 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 638,000
Deposit, UAE resident (20%): AED 127,600
Deposit, non-resident (40%): AED 255,200
Monthly over 25 years at 3.7%: AED 2,610

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