2-bed · 832 sqftElo at Damac Hills 2, Damac Hills 2 · 2nd floor

227, Elo 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 227 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 866K30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 227, Elo at Damac Hills 2

What is 227 worth today?

Last sold for AED 866,000 in 2024

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30 Sep 2024Sold by developerOff-plan
AED 866,000AED 1,040 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
832 sqft
Floor
2nd of 14
Parking
1
Developer
DAMAC
Last sold
AED 866K · September 2024

About 227, Elo at Damac Hills 2

227 is a two-bedroom apartment of 832 sqft on the 2nd floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 30 September 2024 for AED 866,000, or AED 1,040 per sqft, 12% below 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 227 over time

Sales
Unit 227, each saleTypical two-bed in Elo at Damac Hills 2
1M1.25M2024202520262027Typical sale price by year: 2024 AED 949,500; 2025 AED 1,043,000; 2026 AED 1,329,275Sold by developer, September 2024: AED 866,000 (AED 1,040 per sqft)

227 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 227 sits

All 161 2-beds →

227 last sold in September 2024 at AED 1,040 per sqft, 12% below 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 2nd floor

All 548 units in Elo at Damac Hills 2
Value
2011-bedAED 631K · May 2025
2021-bedAED 632K · Aug 2024
2031-bedAED 632K · Sep 2024
2041-bedAED 632K · Sep 2024
2051-bedAED 632K · Sep 2024
2062-bedAED 1.17M · Aug 2024
2072-bedAED 1.16M · Aug 2024
1–7 of 39

227, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 30 September 2024 for AED 866,000, or AED 1,040 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 30 September 2024.

Questions about 227, Elo at Damac Hills 2

What did unit 227 last sell for?

AED 866,000 on 30 September 2024, sold by the developer: AED 1,040 per sqft for 832 sqft. It is the only registered sale of the unit.

How big is unit 227?

832 sqft (77.3 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower.

What is unit 227 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 227, Elo at Damac Hills 2

Starts from the last sale price (AED 866K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 866,000
Deposit, UAE resident (20%)
AED 173,200
Deposit, non-resident (40%)
AED 346,400
Monthly over 25 years at 3.7%
AED 3,543

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