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2-bed · 776 sqftElo at Damac Hills 2, Damac Hills 2 · 7th floor

727, Elo at Damac Hills 2

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

Unit 727 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 873K15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 727, Elo at Damac Hills 2

What is 727 worth today?

Last sold for AED 873,000 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 873,000AED 1,125 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
776 sqft
Floor
7th of 14
Parking
1
Developer
DAMAC
Last sold
AED 873K · July 2024
Building
Elo at Damac Hills 2

About 727, Elo at Damac Hills 2

727 is a two-bedroom apartment of 776 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 15 July 2024 for AED 873,000, or AED 1,125 per sqft, 9% below the AED 1,230 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 727 over time

Sales
Unit 727, each saleTypical two-bed in Elo at Damac Hills 2
1M1.25M2024202520262027Typical sale price by year: 2024 AED 949,500; 2025 AED 1,043,000; 2026 AED 1,329,275Sold by developer, July 2024: AED 873,000 (AED 1,125 per sqft)

727 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 727 sits

All 161 2-beds →

727 last sold in July 2024 at AED 1,125 per sqft, 9% below what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,230). 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 7th floor

All 548 units in Elo at Damac Hills 2
Value
7011-bedAED 678K · Sep 2024
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
1–7 of 39

727, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 15 July 2024 for AED 873,000, or AED 1,125 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 15 July 2024.

Questions about 727, Elo at Damac Hills 2

What did unit 727 last sell for?

AED 873,000 on 15 July 2024, sold by the developer: AED 1,125 per sqft for 776 sqft. It is the only registered sale of the unit.

How big is unit 727?

776 sqft (72.1 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 727 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 727, Elo at Damac Hills 2

Starts from the last sale price (AED 873K, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 873,000
Deposit, UAE resident (20%)
AED 174,600
Deposit, non-resident (40%)
AED 349,200
Monthly over 25 years at 3.7%
AED 3,572

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