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1-bed · 556 sqftElo at Damac Hills 2, Damac Hills 2 · 10th floor

1031, Elo 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 1031 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 709K10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1031, Elo at Damac Hills 2

What is 1031 worth today?

Last sold for AED 709,000 in 2025

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10 Jan 2025Sold by developerOff-plan
AED 709,000AED 1,276 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
556 sqft
Floor
10th of 14
Parking
1
Developer
DAMAC
Last sold
AED 709K · January 2025
Building
Elo at Damac Hills 2

About 1031, Elo at Damac Hills 2

1031 is a one-bedroom apartment of 556 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 10 January 2025 for AED 709,000, or AED 1,276 per sqft, 7% above the AED 1,195 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1031 over time

Sales
Unit 1031, each saleTypical one-bed in Elo at Damac Hills 2
650K700K2024202520262027Typical sale price by year: 2024 AED 660,000; 2025 AED 680,000; 2026 AED 624,000Sold by developer, January 2025: AED 709,000 (AED 1,276 per sqft)

1031 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elo at Damac Hills 2, and where 1031 sits

All 387 1-beds →

1031 last sold in January 2025 at AED 1,276 per sqft, 7% above what one-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,195). Over the last 12 months one-beds sold for AED 311,500 to 751,000, around AED 1,126 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026600,000
9 Sep 2026751,000
26 Aug 2026596,000
21 Aug 2026648,000
7 1-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

1031, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 10 January 2025 for AED 709,000, or AED 1,276 per sqft.
  • One-beds in Elo at Damac Hills 2 sold for AED 311,500–751,000 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 10 January 2025.

Questions about 1031, Elo at Damac Hills 2

What did unit 1031 last sell for?

AED 709,000 on 10 January 2025, sold by the developer: AED 1,276 per sqft for 556 sqft. It is the only registered sale of the unit.

How big is unit 1031?

556 sqft (51.7 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower.

What is unit 1031 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elo at Damac Hills 2 sold for AED 311,500 to 751,000 in the last 12 months, around AED 1,126 per sqft.

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Mortgage on 1031, Elo at Damac Hills 2

Starts from the last sale price (AED 709K, 10 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 709,000
Deposit, UAE resident (20%)
AED 141,800
Deposit, non-resident (40%)
AED 283,600
Monthly over 25 years at 3.7%
AED 2,901

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