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

504, Elo at Damac Hills 2

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 694K4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Elo at Damac Hills 2

What is 504 worth today?

Last sold for AED 694,000 in 2024

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4 Oct 2024Sold by developerOff-plan
AED 694,000AED 1,253 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
1-bed apartment
Size
554 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 694K · October 2024
Building
Elo at Damac Hills 2

About 504, Elo at Damac Hills 2

504 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 4 October 2024 for AED 694,000, or AED 1,253 per sqft, 5% above 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 504 over time

Sales
Unit 504, each saleTypical one-bed in Elo at Damac Hills 2
650K700K2024202520262027Typical sale price by year: 2024 AED 660,000; 2025 AED 680,000; 2026 AED 624,000Sold by developer, October 2024: AED 694,000 (AED 1,253 per sqft)

504 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 504 sits

All 387 1-beds →

504 last sold in October 2024 at AED 1,253 per sqft, 5% above 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
5031-bedAED 662K · Jul 2025
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

504, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 4 October 2024 for AED 694,000, or AED 1,253 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 4 October 2024.

Questions about 504, Elo at Damac Hills 2

What did unit 504 last sell for?

AED 694,000 on 4 October 2024, sold by the developer: AED 1,253 per sqft for 554 sqft. It is the only registered sale of the unit.

How big is unit 504?

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

What is unit 504 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 504, Elo at Damac Hills 2

Starts from the last sale price (AED 694K, 4 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 694,000
Deposit, UAE resident (20%)
AED 138,800
Deposit, non-resident (40%)
AED 277,600
Monthly over 25 years at 3.7%
AED 2,839

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