Home
Dubai prices
About
Research
1-bed · 557 sqftElo 3 at Damac Hills 2, Damac Hills 2 · 3rd floor

340, Elo 3 at Damac Hills 2

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

Unit 340 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 675K7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 340, Elo 3 at Damac Hills 2

What is 340 worth today?

Last sold for AED 675,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Oct 2024Sold by developerOff-plan
AED 675,000AED 1,212 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
557 sqft
Floor
3rd of 14
Parking
1
Last sold
AED 675K · October 2024
Building
Elo 3 at Damac Hills 2

About 340, Elo 3 at Damac Hills 2

340 is a one-bedroom apartment of 557 sqft on the 3rd floor of Elo 3 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 7 October 2024 for AED 675,000, or AED 1,212 per sqft, 3% below the AED 1,252 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 340 over time

Sales
Unit 340, each saleTypical one-bed in Elo 3 at Damac Hills 2
680K690K202420252026Typical sale price by year: 2024 AED 687,000; 2025 AED 692,000Sold by developer, October 2024: AED 675,000 (AED 1,212 per sqft)

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

1-beds in Elo 3 at Damac Hills 2, and where 340 sits

All 376 1-beds →

340 last sold in October 2024 at AED 1,212 per sqft, 3% below what one-beds in Elo 3 at Damac Hills 2 were fetching at the time (AED 1,252). Over the last 12 months one-beds sold for AED 720,000, around AED 1,297 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Dec 2025720,000
10 Jul 2025670,000
1 Jul 2025580,000
30 Jun 2025670,000
1 1-bed sale in the last 12 months

Elo 3 at Damac Hills 2

Building

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

Typical price per sqft
AED 1,268
Typical sale
AED 877K
Typical rent
Few contracts
Typical yield
Elo 3 at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 3rd floor

All 509 units in Elo 3 at Damac Hills 2
Value
3011-bedAED 676K · Oct 2024
3021-bedAED 676K · Oct 2024
3031-bedAED 673K · Oct 2024
3041-bedAED 676K · Oct 2024
3051-bedAED 664K · Oct 2024
3062-bedAED 1.26M · Jan 2025
3072-bedAED 1.24M · Sep 2024
1–7 of 39

340, Elo 3 at Damac Hills 2 in numbers

  • Sold once: by the developer on 7 October 2024 for AED 675,000, or AED 1,212 per sqft.
  • One-beds in Elo 3 at Damac Hills 2 sold for AED 720,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,268 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Questions about 340, Elo 3 at Damac Hills 2

What did unit 340 last sell for?

AED 675,000 on 7 October 2024, sold by the developer: AED 1,212 per sqft for 557 sqft. It is the only registered sale of the unit.

How big is unit 340?

557 sqft (51.7 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower.

What is unit 340 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elo 3 at Damac Hills 2 sold for AED 720,000 to 720,000 in the last 12 months, around AED 1,297 per sqft.

Selling 340? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 340, Elo 3 at Damac Hills 2

Starts from the last sale price (AED 675K, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

Plus AED 33,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →