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1-bed · 553 sqftElo at Damac Hills 2, Damac Hills 2 · 3rd floor

301, 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 301 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 639K15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Elo at Damac Hills 2

What is 301 worth today?

Last sold for AED 639,000 in 2024

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15 Aug 2024Sold by developerOff-plan
AED 639,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
553 sqft
Floor
3rd of 14
Parking
1
Developer
DAMAC
Last sold
AED 639K · August 2024
Building
Elo at Damac Hills 2

About 301, Elo at Damac Hills 2

301 is a one-bedroom apartment of 553 sqft on the 3rd floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 15 August 2024 for AED 639,000, or AED 1,155 per sqft, 3% below 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 301 over time

Sales
Unit 301, each saleTypical one-bed in Elo at Damac Hills 2
650K2024202520262027Typical sale price by year: 2024 AED 660,000; 2025 AED 680,000; 2026 AED 624,000Sold by developer, August 2024: AED 639,000 (AED 1,155 per sqft)

301 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 301 sits

All 387 1-beds →

301 last sold in August 2024 at AED 1,155 per sqft, 3% below 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 3rd floor

All 548 units in Elo at Damac Hills 2
Value
3021-bedAED 640K · Sep 2024
3031-bedAED 640K · Jul 2024
3041-bedAED 640K · Jul 2024
3051-bedAED 640K · Sep 2024
3062-bedAED 1.2M · Aug 2024
3072-bedAED 1.18M · Sep 2024
3082-bedAED 818K · Jul 2024
1–7 of 39

301, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 15 August 2024 for AED 639,000, or AED 1,155 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 15 August 2024.

Questions about 301, Elo at Damac Hills 2

What did unit 301 last sell for?

AED 639,000 on 15 August 2024, sold by the developer: AED 1,155 per sqft for 553 sqft. It is the only registered sale of the unit.

How big is unit 301?

553 sqft (51.4 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 301 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 301, Elo at Damac Hills 2

Starts from the last sale price (AED 639K, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 639,000
Deposit, UAE resident (20%)
AED 127,800
Deposit, non-resident (40%)
AED 255,600
Monthly over 25 years at 3.7%
AED 2,614

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