Home
Dubai prices
About
Research
1-bed · 553 sqftElo at Damac Hills 2, Damac Hills 2 · 7th floor

701, 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 701 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 678K17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 701

Property timeline for 701, Elo at Damac Hills 2

What is 701 worth today?

Last sold for AED 678,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Sep 2024Sold by developerOff-plan
AED 678,000AED 1,225 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
1-bed apartment
Size
553 sqft
Floor
7th of 14
Parking
1
Developer
DAMAC
Last sold
AED 678K · September 2024
Building
Elo at Damac Hills 2

About 701, Elo at Damac Hills 2

701 is a one-bedroom apartment of 553 sqft on the 7th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 17 September 2024 for AED 678,000, or AED 1,225 per sqft, 3% above 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 701 over time

Sales
Unit 701, 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, September 2024: AED 678,000 (AED 1,225 per sqft)

701 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 701 sits

All 387 1-beds →

701 last sold in September 2024 at AED 1,225 per sqft, 3% above 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 7th floor

All 548 units in Elo at Damac Hills 2
Value
7021-bedAED 679K · Sep 2024
7031-bedAED 679K · Aug 2024
7041-bedAED 679K · Jul 2024
7051-bedAED 679K · Jul 2024
7062-bedAED 1.31M · Jul 2024
7072-bedAED 1.31M · Nov 2024
7082-bedAED 906K · Oct 2024
1–7 of 39

701, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 17 September 2024 for AED 678,000, or AED 1,225 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 17 September 2024.

Questions about 701, Elo at Damac Hills 2

What did unit 701 last sell for?

AED 678,000 on 17 September 2024, sold by the developer: AED 1,225 per sqft for 553 sqft. It is the only registered sale of the unit.

How big is unit 701?

553 sqft (51.4 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Elo at Damac Hills 2

Starts from the last sale price (AED 678K, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 678,000
Deposit, UAE resident (20%)
AED 135,600
Deposit, non-resident (40%)
AED 271,200
Monthly over 25 years at 3.7%
AED 2,774

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