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1-bed · 552 sqftElo 2 at Damac Hills 2, Damac Hills 2 · 1st floor

116, Elo 2 at Damac Hills 2

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

Unit 116 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 598K28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Elo 2 at Damac Hills 2

What is 116 worth today?

Last sold for AED 598,000 in 2024

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28 Sep 2024Sold by developerOff-plan
AED 598,000AED 1,083 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2024.

Key facts

Type
1-bed apartment
Size
552 sqft
Floor
1st of 14
Parking
1
Last sold
AED 598K · September 2024
Building
Elo 2 at Damac Hills 2

About 116, Elo 2 at Damac Hills 2

116 is a one-bedroom apartment of 552 sqft on the 1st floor of Elo 2 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 28 September 2024 for AED 598,000, or AED 1,083 per sqft, 12% below the AED 1,236 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Elo 2 at Damac Hills 2
600K700K2024202520262027Typical sale price by year: 2024 AED 690,000; 2025 AED 676,000; 2026 AED 710,000Sold by developer, September 2024: AED 598,000 (AED 1,083 per sqft)

116 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elo 2 at Damac Hills 2, and where 116 sits

All 377 1-beds →

116 last sold in September 2024 at AED 1,083 per sqft, 12% below what one-beds in Elo 2 at Damac Hills 2 were fetching at the time (AED 1,236). Over the last 12 months one-beds sold for AED 654,000 to 782,000, around AED 1,280 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026703,000
12 Jan 2026782,000
12 Jan 2026710,000
7 Jan 2026710,000
5 1-bed sales in the last 12 months

Elo 2 at Damac Hills 2

Building

524 apartments, 1-bed to 2-bed over 14 floors in Damac Hills 2. 6 sold in the last 12 months.

Typical price per sqft
AED 1,275
Typical sale
AED 710K
Typical rent
Few contracts
Typical yield
Elo 2 at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 1st floor

All 524 units in Elo 2 at Damac Hills 2
Value
1011-bedAED 654K · Sep 2024
1021-bedAED 655K · Sep 2024
1031-bedAED 655K · Sep 2024
1041-bedAED 655K · Sep 2024
1051-bedAED 655K · Sep 2024
1062-bedAED 1.28M · Sep 2024
1072-bedAED 1.28M · Oct 2024
1–7 of 35

116, Elo 2 at Damac Hills 2 in numbers

  • Sold once: by the developer on 28 September 2024 for AED 598,000, or AED 1,083 per sqft.
  • One-beds in Elo 2 at Damac Hills 2 sold for AED 654,000–782,000 in the 12 months to November 2026; the building's median across all types is AED 1,275 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2024.

Questions about 116, Elo 2 at Damac Hills 2

What did unit 116 last sell for?

AED 598,000 on 28 September 2024, sold by the developer: AED 1,083 per sqft for 552 sqft. It is the only registered sale of the unit.

How big is unit 116?

552 sqft (51.3 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elo 2 at Damac Hills 2 sold for AED 654,000 to 782,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 116, Elo 2 at Damac Hills 2

Starts from the last sale price (AED 598K, 28 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 598,000
Deposit, UAE resident (20%)
AED 119,600
Deposit, non-resident (40%)
AED 239,200
Monthly over 25 years at 3.7%
AED 2,447

Plus AED 30,126 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →