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1-bed · 554 sqftElo at Damac Hills 2, Damac Hills 2 · 5th floor

503, Elo at Damac Hills 2

Sold prices and rental history: sold once, by the developer in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 662K8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Elo at Damac Hills 2

What is 503 worth today?

Last sold for AED 662,000 in 2025

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8 Jul 2025Sold by developerOff-plan
AED 662,000AED 1,195 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
1-bed apartment
Size
554 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 662K · July 2025
Building
Elo at Damac Hills 2

About 503, Elo at Damac Hills 2

503 is a one-bedroom apartment of 554 sqft on the 5th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 8 July 2025 for AED 662,000, or AED 1,195 per sqft, in line with 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 503 over time

Sales
Unit 503, 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, July 2025: AED 662,000 (AED 1,195 per sqft)

503 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 503 sits

All 387 1-beds →

503 last sold in July 2025 at AED 1,195 per sqft, in line with 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 5th floor

All 548 units in Elo at Damac Hills 2
Value
5011-bedAED 662K · Jul 2024
5021-bedAED 662K · Jul 2024
5041-bedAED 694K · Oct 2024
5051-bedAED 662K · Jul 2024
5062-bedAED 1.32M · Feb 2025
5072-bedAED 1.23M · Sep 2024
5082-bedAED 949K · Jul 2026
1–7 of 39

503, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 8 July 2025 for AED 662,000, or AED 1,195 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 8 July 2025.

Questions about 503, Elo at Damac Hills 2

What did unit 503 last sell for?

AED 662,000 on 8 July 2025, sold by the developer: AED 1,195 per sqft for 554 sqft. It is the only registered sale of the unit.

How big is unit 503?

554 sqft (51.5 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 503 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 503, Elo at Damac Hills 2

Starts from the last sale price (AED 662K, 8 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 662,000
Deposit, UAE resident (20%)
AED 132,400
Deposit, non-resident (40%)
AED 264,800
Monthly over 25 years at 3.7%
AED 2,708

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