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ELO 3

Damac Properties

Starting from

1.31M AED

Area

Elo

Handover

Q3 2027

Stage

Under construction

Payment Plan

20/60/20

Property Type

Apartment

Price per sqft

AED 2,497

28% above area avg

Floor Plans & Unit Types

1 Bedroom

525-646 sqft

1 Bathroom

from 1.31M AED

Ask about this layout

2 Bedrooms

775-1,078 sqft

2 Bathrooms

Ask about this layout

How much you pay, and when

20%

Booking

now

60%

Construction

3 quarters

20%

Handover

Q3 2027

Amounts for each layout · 2

1 Bedroom
525-646 sqft
from AED 1.31M
AED 2,497 per sqft
Booking
AED 262K
Construction
AED 787K
3 × AED 262K
Handover
AED 262K
Ask
2 Bedrooms
775-1,078 sqft
Price on request
Ask

Payment schedule by quarter

On the cheapest layout (1 bed from AED 1,311,000): what leaves your account and when. By handover you will have paid AED 1,048,800, with the rest due on keys.

When	Payment	Paid to date	Left to pay	Share of the flat
Q1 2027	AED 262,200	AED 524,400	AED 786,600	40%
Q2 2027	AED 262,200	AED 786,600	AED 524,400	60%
Q3 2027	AED 262,200	AED 1,048,800	AED 262,200	80%

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 2,497 per sqft - 28% above 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

Landscaped Gardens
Gymnasium
Restaurants
Indoor Swimming Pool
CCTV Security
Barbecue Area
Children's Play Area

About ELO 3

ELO 3 is a new off-plan development by Damac Properties located in Elo, Dubai.

The project offers 1 and 2-bedroom apartments with prices starting from AED 1.3M. The project is expected to be completed by Q3 2027, offering a 20%/60%/20% payment plan.

ELO 3 offers a range of facilities including Landscaped Gardens, Gymnasium, Restaurants, Indoor Swimming Pool. The project is ideal for both end-users and investors looking at Dubai's off-plan market.

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

Damac Riverside Views - Marine 1Damac Riversidefrom AED 1.31M

Damac Lagoon Views Phase 6Lagoon Viewsfrom AED 1.3M See all 151 projects by Damac Properties

About the area

Elo

New projects: 2
Prices from: AED 577K

ELO 2Damac Propertiesfrom AED 577K All 2 off-plan projects in Elo

Frequently Asked Questions

What is the starting price of ELO 3?

ELO 3 by Damac Properties offers apartment in Elo, Dubai starting from AED 1.3M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.

What is the payment plan for ELO 3?

ELO 3 offers a flexible off-plan payment plan: 20% down payment, 60% during construction, 20% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.

When is the handover date for ELO 3?

ELO 3 is scheduled for handover in Q3 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 3?

ELO 3 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 3 located in Dubai?

ELO 3 is situated in Elo, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.

Is ELO 3 available for foreign buyers?

Yes. ELO 3 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 3 offer?

ELO 3 features a full range of lifestyle amenities including Landscaped Gardens, Gymnasium, Restaurants, Indoor Swimming Pool, CCTV Security and more. The development is designed to offer resort-style living within Elo, Dubai.

Interested in ELO 3?

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