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1-bed · 526 sqftElo at Damac Hills 2, Damac Hills 2 · 4th floor

423, 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 423 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 562K25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Elo at Damac Hills 2

What is 423 worth today?

Last sold for AED 562,000 in 2024

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25 Sep 2024Sold by developerOff-plan
AED 562,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
526 sqft
Floor
4th of 14
Parking
1
Developer
DAMAC
Last sold
AED 562K · September 2024
Building
Elo at Damac Hills 2

About 423, Elo at Damac Hills 2

423 is a one-bedroom apartment of 526 sqft on the 4th 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 562,000, or AED 1,067 per sqft, 10% 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 423 over time

Sales
Unit 423, 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 562,000 (AED 1,067 per sqft)

423 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 423 sits

All 387 1-beds →

423 last sold in September 2024 at AED 1,067 per sqft, 10% 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 4th floor

All 548 units in Elo at Damac Hills 2
Value
4011-bedAED 648K · Jul 2024
4021-bedAED 648K · Aug 2026
4031-bedAED 648K · Aug 2024
4041-bedAED 648K · Aug 2024
4051-bedAED 648K · Jul 2024
4062-bedAED 1.25M · Oct 2024
4072-bedAED 1.2M · Jul 2024
1–7 of 39

423, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 25 September 2024 for AED 562,000, or AED 1,067 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 423, Elo at Damac Hills 2

What did unit 423 last sell for?

AED 562,000 on 25 September 2024, sold by the developer: AED 1,067 per sqft for 526 sqft. It is the only registered sale of the unit.

How big is unit 423?

526 sqft (48.9 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 423 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 423, Elo at Damac Hills 2

Starts from the last sale price (AED 562K, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 562,000
Deposit, UAE resident (20%)
AED 112,400
Deposit, non-resident (40%)
AED 224,800
Monthly over 25 years at 3.7%
AED 2,299

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