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1-bed · 526 sqftElo at Damac Hills 2, Damac Hills 2 · 3rd floor

312, 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 312 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 555K25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Elo at Damac Hills 2

What is 312 worth today?

Last sold for AED 555,000 in 2024

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25 Sep 2024Sold by developerOff-plan
AED 555,000AED 1,054 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
526 sqft
Floor
3rd of 14
Parking
1
Developer
DAMAC
Last sold
AED 555K · September 2024
Building
Elo at Damac Hills 2

About 312, Elo at Damac Hills 2

312 is a one-bedroom apartment of 526 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 25 September 2024 for AED 555,000, or AED 1,054 per sqft, 11% below the AED 1,189 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Elo at Damac Hills 2
600K700K2024202520262027Typical sale price by year: 2024 AED 660,000; 2025 AED 680,000; 2026 AED 624,000Sold by developer, September 2024: AED 555,000 (AED 1,054 per sqft)

312 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 312 sits

All 387 1-beds →

312 last sold in September 2024 at AED 1,054 per sqft, 11% below what one-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,189). 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
3011-bedAED 639K · Aug 2024
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
1–7 of 39

312, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 25 September 2024 for AED 555,000, or AED 1,054 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 25 September 2024.

Questions about 312, Elo at Damac Hills 2

What did unit 312 last sell for?

AED 555,000 on 25 September 2024, sold by the developer: AED 1,054 per sqft for 526 sqft. It is the only registered sale of the unit.

How big is unit 312?

526 sqft (48.9 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 312 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 312, Elo at Damac Hills 2

Starts from the last sale price (AED 555K, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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