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ELO 2

Damac Properties

Starting from

0.58M AED

Area

Elo

Handover

Q2 2027

Stage

Under construction · 1%

Payment Plan

20/50/30

Property Type

Apartment

Price per sqft

AED 1,391

28% below area avg

Floor Plans & Unit Types

1 Bedroom

525-646 sqft

1 Bathroom

from 0.58M AED

Ask about this layout

2 Bedrooms

775-1,079 sqft

2 Bathrooms

from 1.3M AED

Ask about this layout

How much you pay, and when

20%

Booking

now

50%

Construction

2 quarters

30%

Handover

Q2 2027

Amounts for each layout · 2

1 Bedroom
525-646 sqft
from AED 577K
AED 1,099 per sqft
Booking
AED 115K
Construction
AED 289K
2 × AED 144K
Handover
AED 173K
Ask
2 Bedrooms
775-1,079 sqft
from AED 1.3M
AED 1,684 per sqft
Booking
AED 261K
Construction
AED 653K
2 × AED 326K
Handover
AED 392K
Ask

Payment schedule by quarter

On the cheapest layout (1 bed from AED 577,000): what leaves your account and when. By handover you will have paid AED 403,900, with the rest due on keys.

When	Payment	Paid to date	Left to pay	Share of the flat
Q1 2027	AED 144,250	AED 259,650	AED 317,350	45%
Q2 2027	AED 144,250	AED 403,900	AED 173,100	70%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft: AED 1,391 per sqft - 28% below the Elo average of AED 1,944.
Payment plan: Differs from the usual plan of Damac Properties: most of the developer's 131 projects in our catalogue use 20/55/25.
Smallest unit: In line with the typical smallest unit in Elo (525 sqft).

Amenities

Indoor Swimming Pool
Landscaped Gardens
Cafe and Restaurants
Retail Facilities
Children's Play Area

About ELO 2

Damac Properties brings ELO 2 to Elo, Dubai - a new residential development for investors and end-users alike.

Buyers can choose from 1 and 2-bedroom apartments, with starting prices from AED 577K. Handover is scheduled for Q2 2027 with a 20%/50%/30% payment plan.

Residents have access to Indoor Swimming Pool, Landscaped Gardens, Cafe and Restaurants, Retail Facilities and more. ELO 2 is a compelling option for those seeking off-plan property in Elo.

About the developer

Damac Properties

Luxury-focused branded residence pioneer - Cavalli, Versace, Trump golf, Just Cavalli villas. Founded by Hussain Sajwani in 2002.

Founded: 2002
Projects with us: 151
Areas: 27
Handover: 2025-30

Projects by handover year

2025

2026

2027

2028

2029

2030

ELODamac Hills 2from AED 547K

ValenciaLagoon Viewsfrom AED 612K See all 151 projects by Damac Properties

About the area

Elo

New projects: 2
Prices from: AED 577K

ELO 3Damac Propertiesfrom AED 1.31M All 2 off-plan projects in Elo

Frequently Asked Questions

What is the starting price of ELO 2?

ELO 2 by Damac Properties offers apartment in Elo, Dubai starting from AED 0.6M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.

What is the payment plan for ELO 2?

ELO 2 offers a flexible off-plan payment plan: 20% down payment, 50% during construction, 30% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.

When is the handover date for ELO 2?

ELO 2 is scheduled for handover in Q2 2027. Damac Properties is one of Dubai's leading developers with a strong track record of on-time delivery.

What types of units are available at ELO 2?

ELO 2 features 1-bedroom apartments and 2-bedroom apartments in Elo, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.

Where is ELO 2 located in Dubai?

ELO 2 is situated in Elo, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.

Is ELO 2 available for foreign buyers?

Yes. ELO 2 is a freehold development in Elo, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.

What amenities does ELO 2 offer?

ELO 2 features a full range of lifestyle amenities including Indoor Swimming Pool, Landscaped Gardens, Cafe and Restaurants, Retail Facilities, Children's Play Area. The development is designed to offer resort-style living within Elo, Dubai.

Interested in ELO 2?

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