AED 1,500,000

Own this from just

6,170 AED/month
2 Bedrooms
3 Bathrooms
1,013 sqft / 94 sqm
APARTMENT FOR SALE IN ELO 2, ELO

Prime Investment Opportunity – 2BHK- Damac Hills

An excellent opportunity to invest in a 2-bedroom apartment located in the highly sought-after DAMAC Hills 2 community. This upcoming DAMAC development offers a modern lifestyle, world-class amenities, and strong capital appreciation potential.

Property Highlights

Spacious 1,000 sq. ft. apartment
2 Bedrooms with balcony access from both rooms
Large balcony connected to the living area
Located in a rapidly developing, high-demand community
Handover expected: June 2027
Attractive Price & Flexible Payment Advantage
50% of the total price already paid
Remaining balance: AED 665,000

Balance amount can be covered through a 50% bank mortgage
(DAMAC allows bank financing once 50% payment is completed)

This structure makes it ideal for buyers looking to leverage bank financing with minimal upfront cash.

Strong Profit & Appreciation Potential

With DAMAC Hills 2 prices steadily increasing, similar units are projected to reach AED 1.8M – 2M by completion.
This offers a potential profit of AED 400,000 – 500,000 upon resale at handover.

Why This Is a Great Deal

Minimal upfront investment with mortgage eligibility
High-demand project by a reputable developer (DAMAC)
Excellent resale and rental potential
Strong future appreciation due to continuous development in DH2
Estimated ROI: up to 50%

Ideal for investors or end-users looking for long-term value or high returns.
For more details or viewing arrangements, feel free to contact me.

Property details

Property Type

Apartment

Property Size

1,013 sqft / 94 sqm

Bedrooms

2

Bathrooms

3

Available from

15 Dec 2025


Amenities

Balcony

Shared Pool

Security

Covered Parking

Shared Gym

Lobby in Building

Children's Play Area


Project information

project imageproject imageproject image

Damac Properties developer Logo

Under Construction

ELO 2

1 and 2 bedrooms

Developed by:

Damac Properties

Delivery Date:

Q2 2027

Down payment:

20%

Property types:

Apartment


Location

Map preview
Tower illustration Placeholder
Elo 2
Residential Insights
No reviews yet

Price Range:

625K-2M AED
Damac Hills 2 Community
Damac Hills 2
Community Insights
4.5/54 building reviews

Apartments and villas | Budget-Friendly

Price Range:

346K-13M AED

Price Insights

This property costs 37% more than the average price of 2 bedroom in Damac Hills 2

Average Sale Price is 1,092,341 AED

This property is 8% bigger than the average size of 2 bedroom in Damac Hills 2

Average size is 936 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Damac Hills 2

Provided by

Agent Riyaz Mohamed Faries
SuperAgent

Riyaz Mohamed Faries

5.0

Response time

within 15 minutes

Experience

19 years

Closed Deals

2

Languages

English, Hindi, Urdu, Tamil, Sinhalese

See agent properties (26)

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Monthly payment

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with interest rate of

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Regulatory information
Regulatory information

Reference

01KCH5Q80C2M0HDN6E1EP9TH1M

Listed

3 hours ago

Broker License

53262

Agency name

R A R PROPERTIES L.L.C

Zone name

Madinat Hind 4

DLD Permit Number:

71633126532

Agent License

56324

DLD Permit Number

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    Riyaz Mohamed Faries

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