Eligible for UAE 10-Year Golden Visa
ELO at Damac Hills 2, Dubai by Damac
at DAMAC Hills 21 & 2 BR ApartmentsPrice (AED)547M*
Unit (Bedrooms)1 & 2 BR
Sizes (Sq. Ft.)525 - 1,078
Booking Amt.20%
PossessionQ4 2026
Two white towers rising from Dubai's greenest master community. DAMAC ELO is a 1 and 2-bedroom off-plan apartment development by DAMAC Properties inside DAMAC Hills 2 a 55-million-square-foot lifestyle community in Dubailand, built around golf, water parks, and 30+ leisure facilities. Priced from AED 547,000 with a 20% booking amount and Q4 2026 handover, ELO brings apartment living to a community better known for villas and the combination is more compelling than it sounds.
DAMAC ELO is a twin-tower apartment development within DAMAC Hills 2 DAMAC Properties' 55-million-square-foot master community in Dubailand, formerly known as Akoya Oxygen. DAMAC Properties, established in 2002, has delivered over 46,000 homes in Dubai and is known for producing branded, amenity-rich communities at scale. ELO's twin 14-storey towers represent DAMAC Hills 2's first purpose-built apartment complex designed around a shared courtyard concept a departure from the community's villa-dominant residential character and a deliberate bid for the investor and young professional market segment.
ELO offers 1-bedroom apartments from 525 sq.ft and 2-bedroom units up to 1,078 sq.ft both in open-plan layouts designed with generous balconies facing the surrounding community green space. Interiors are styled in warm earthy tones aligned to the natural landscape a contrast to the glass-and-chrome palettes common in Business Bay and Downtown. The twin towers share a courtyard-style podium that gives residents a private communal garden zone distinct from the broader community. Units have high-quality finishes, built-in storage, and full kitchen fit-outs. ELO is sized for the professional occupant, not the five-person family.
DAMAC Hills 2 spans 55 million square feet and operates across themed leisure zones: Water Town (Malibu Bay wave pool, lazy river, splash zones), Sports Town (courts, athletics), and Equestrian Town (stables, riding trails). Community-wide, there are over 30 distinct recreational facilities all operational with 29,700+ units already delivered. The Trump International Golf Club anchors the western edge: 18 holes, a golf academy, restaurants, and event spaces. ELO residents access the full DAMAC Hills 2 leisure infrastructure wave pool, golf course, floating cinema, desert spa, organic market, and all from their apartment building, not just from a villa cluster.
ELO enters at AED 547 million for a 1-bedroom apartment one of the most accessible price points in any branded Dubai master community at current market conditions. Rental yields for 1-bedroom apartments in DAMAC Hills 2 average 8.1%, with annual rents starting from AED 37,000 per year. The 70/30 payment plan (20% booking, 50% construction, 30% handover in Q4 2026) allows investors to deploy capital in stages over two years. Units at AED 2 million or above qualify for the UAE's 10-year Golden Visa. There is 0% capital gains tax and 0% income tax on rentals. RERA-escrow protects off-plan buyer payments throughout construction.
DAMAC Hills 2 sits in Dubailand, off Al Qudra Road a location that connects to central Dubai via Umm Suqeim Expressway in approximately 25 minutes. Al Maktoum International Airport is 5 minutes away. Expo City Dubai is 15 minutes north. Four major highway networks provide multi-route access to the rest of the city. ELO's launch in mid-2024 with construction progress confirmed at 13% by late 2025 aligns with Dubai's accelerating western corridor development and the airport expansion timeline that is the primary appreciation catalyst in this part of the city.
ELO is an apartment in a villa community and that is precisely its investment angle. The lifestyle infrastructure of DAMAC Hills 2 was built for a market that will keep generating rental demand as the airport expands and western Dubai fills in. At AED 547,000 with a 20% booking amount and Q4 2026 handover, ELO is priced for investors who want early-stage access to an established master community without villa-level commitment. Speak to the Dubai Housing team to confirm current unit availability and lock in your ELO apartment today
DAMAC ELO offers 1-bedroom apartments from 525 to 646 sq.ft and 2-bedroom units from 948 to 1,078 sq.ft - open-plan layouts with private balconies and earthy-toned interiors across twin 14-storey towers.
ELO residents get two layers of amenity: first, the building-level facilities swimming pool with swim-up bar, outdoor cinema, climbing wall, gym, and landscaped courtyard; second, the full DAMAC Hills 2 community infrastructure wave pool, golf course, desert spa, floating cinema, and 30+ leisure features across the master plan. The climbing wall and outdoor cinema are headline additions at this price point, targeting the younger professional and investor occupant profile that ELO's apartment format is designed for. Community schools, nurseries, and retail add the family-ready layer for end-users.
DAMAC Hills 2 occupies a growth-corridor position in Dubailand 5 minutes from Al Maktoum International Airport and 15 minutes from Expo City Dubai. Al Qudra Road, Umm Suqeim Expressway, Emirates Road (E611), and Sheikh Mohammed Bin Zayed Road (E311) provide four separate highway connections to central Dubai. For ELO investors, the airport proximity argument is the core thesis: Al Maktoum's planned expansion to 260 million annual passengers is one of the largest committed infrastructure projects in the UAE, and properties within a 10-minute radius of that expansion consistently outperform the wider Dubai average on capital appreciation as each milestone is confirmed.
Content Reviewed By: Vikas Taneja — RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
DAMAC ELO is located within DAMAC Hills 2 (formerly Akoya Oxygen) in Dubailand, Dubai. The twin-tower development sits off Al Qudra Road, 25 minutes from central Dubai, 5 minutes from Al Maktoum International Airport, and 15 minutes from Expo City Dubai.
ELO offers 1-bedroom apartments from 525 to 646 sq.ft and 2-bedroom apartments from 948 to 1,078 sq.ft. All units feature open-plan layouts, generous balconies, and warm earthy-toned interiors. The development is spread across two 14-storey towers sharing a landscaped courtyard podium.
DAMAC ELO starts from AED 547 million for a 1-bedroom apartment. The booking amount is 20% (approximately AED 109,400). Contact the Dubai Housing team for current unit pricing, floor availability, and specific unit options within the ELO towers.
ELO follows a 70/30 construction-linked plan: 20% on booking, staged construction payments totalling 50%, and 30% on handover in Q4 2026. This spreads the majority of the purchase cost over two years of construction, making it well-suited to investors who prefer milestone-linked cash deployment rather than a large upfront commitment.
DAMAC ELO is scheduled for handover in Q4 2026 (December 2026). Construction was confirmed at approximately 13% progress as of late 2025, in line with the delivery timeline. DAMAC Properties has an established track record of delivery within DAMAC Hills 2, with over 29,700 units already handed over across the master community.
Units in DAMAC ELO at AED 2 million or above qualify for the UAE's 10-year Golden Visa. Standard 1 and 2-bedroom ELO units sit below this threshold. However, multiple unit purchases or larger 2-bedroom configurations may approach the qualifying value. Confirm eligibility with the Dubai Housing team.
ELO brings off-plan apartment pricing of AED 547,000 into DAMAC Hills 2 a community with 8.1% average rental yields for 1-bedroom apartments and an established lifestyle infrastructure of 30+ amenities. Al Maktoum Airport's proximity and planned expansion to 260 million annual passengers is the long-term appreciation driver. Add 0% capital gains tax, 0% income tax, RERA-escrow protection, and a 20% booking amount and the risk-return profile is strong. Browse more off-plan apartments in DAMAC Hills 2 at dubaihousing-ae.com/our-communities/damac-hills-2.
Limited Period: Free DLD Waiver on select units
