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2-bed · 832 sqftElo at Damac Hills 2, Damac Hills 2 · 5th floor

518, 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 518 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 912K26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Elo at Damac Hills 2

What is 518 worth today?

Last sold for AED 912,000 in 2024

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26 Sep 2024Sold by developerOff-plan
AED 912,000AED 1,095 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
2-bed apartment
Size
832 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 912K · September 2024
Building
Elo at Damac Hills 2

About 518, Elo at Damac Hills 2

518 is a two-bedroom apartment of 832 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 26 September 2024 for AED 912,000, or AED 1,095 per sqft, 7% below the AED 1,180 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical two-bed in Elo at Damac Hills 2
1M1.2M1.4M2024202520262027Typical sale price by year: 2024 AED 949,500; 2025 AED 1,043,000; 2026 AED 1,329,275Sold by developer, September 2024: AED 912,000 (AED 1,095 per sqft)

518 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elo at Damac Hills 2, and where 518 sits

All 161 2-beds →

518 last sold in September 2024 at AED 1,095 per sqft, 7% below what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,180). Over the last 12 months two-beds sold for AED 937,000 to 1,480,000, around AED 1,318 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Aug 20261,032,000
23 Jul 2026948,520
25 Jun 20261,300,550
8 Jun 2026949,000
12 2-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
5041-bedAED 694K · Oct 2024
5051-bedAED 662K · Jul 2024
5062-bedAED 1.32M · Feb 2025
5072-bedAED 1.23M · Sep 2024
1–7 of 39

518, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 26 September 2024 for AED 912,000, or AED 1,095 per sqft.
  • Two-beds in Elo at Damac Hills 2 sold for AED 937,000–1,480,000 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 26 September 2024.

Questions about 518, Elo at Damac Hills 2

What did unit 518 last sell for?

AED 912,000 on 26 September 2024, sold by the developer: AED 1,095 per sqft for 832 sqft. It is the only registered sale of the unit.

How big is unit 518?

832 sqft (77.3 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 518 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elo at Damac Hills 2 sold for AED 937,000 to 1,480,000 in the last 12 months, around AED 1,318 per sqft.

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Mortgage on 518, Elo at Damac Hills 2

Starts from the last sale price (AED 912K, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 912,000
Deposit, UAE resident (20%)
AED 182,400
Deposit, non-resident (40%)
AED 364,800
Monthly over 25 years at 3.7%
AED 3,731

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