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2-bed · 977 sqftElo at Damac Hills 2, Damac Hills 2 · 10th floor

1029, Elo at Damac Hills 2

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1029 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.31M5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1029, Elo at Damac Hills 2

What is 1029 worth today?

Last sold for AED 1,312,000 in 2024

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5 Aug 2024Sold by developerOff-plan
AED 1,312,000AED 1,343 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
977 sqft
Floor
10th of 14
Parking
1
Developer
DAMAC
Last sold
AED 1.31M · August 2024
Building
Elo at Damac Hills 2

About 1029, Elo at Damac Hills 2

1029 is a two-bedroom apartment of 977 sqft on the 10th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 5 August 2024 for AED 1,312,000, or AED 1,343 per sqft, 14% above the AED 1,180 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1029 over time

Sales
Unit 1029, each saleTypical two-bed in Elo at Damac Hills 2
1M1.2M2024202520262027Typical sale price by year: 2024 AED 949,500; 2025 AED 1,043,000; 2026 AED 1,329,275Sold by developer, August 2024: AED 1,312,000 (AED 1,343 per sqft)

1029 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elo at Damac Hills 2, and where 1029 sits

All 161 2-beds →

1029 last sold in August 2024 at AED 1,343 per sqft, 14% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,180). Over the last 12 months two-beds sold for AED 937,000 to 1,480,000, around AED 1,318 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Aug 20261,032,000
23 Jul 2026948,520
25 Jun 20261,300,550
8 Jun 2026949,000
12 2-bed sales in the last 12 months

Elo at Damac Hills 2

Building

548 apartments, 1-bed to 2-bed over 14 floors in Damac Hills 2 by DAMAC. 19 sold in the last 12 months.

Typical price per sqft
AED 1,302 Up 5.4%
Typical sale
AED 949K
Typical rent
Few contracts
Typical yield
Elo at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 10th floor

All 548 units in Elo at Damac Hills 2
Value
10011-bedAED 709K · Sep 2024
10021-bedAED 709K · Sep 2024
10031-bedAED 709K · Sep 2024
10041-bedAED 709K · Aug 2024
10051-bedAED 709K · Sep 2024
10062-bedAED 1.41M · Apr 2026
10072-bedAED 1.3M · Jun 2026
1–7 of 39

1029, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 5 August 2024 for AED 1,312,000, or AED 1,343 per sqft.
  • Two-beds in Elo at Damac Hills 2 sold for AED 937,000–1,480,000 in the 12 months to November 2026; the building's median across all types is AED 1,302 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 1029, Elo at Damac Hills 2

What did unit 1029 last sell for?

AED 1,312,000 on 5 August 2024, sold by the developer: AED 1,343 per sqft for 977 sqft. It is the only registered sale of the unit.

How big is unit 1029?

977 sqft (90.8 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower.

What is unit 1029 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elo at Damac Hills 2 sold for AED 937,000 to 1,480,000 in the last 12 months, around AED 1,318 per sqft.

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Mortgage on 1029, Elo at Damac Hills 2

Starts from the last sale price (AED 1.31M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,312,000
Deposit, UAE resident (20%)
AED 262,400
Deposit, non-resident (40%)
AED 524,800
Monthly over 25 years at 3.7%
AED 5,368

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