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1-bed · 557 sqftElo 3 at Damac Hills 2, Damac Hills 2 · 4th floor

401, 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 401 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 685K1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Elo 3 at Damac Hills 2

What is 401 worth today?

Last sold for AED 685,000 in 2024

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1 Oct 2024Sold by developerOff-plan
AED 685,000AED 1,228 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
557 sqft
Floor
4th of 14
Parking
1
Last sold
AED 685K · October 2024
Building
Elo 3 at Damac Hills 2

About 401, Elo 3 at Damac Hills 2

401 is a one-bedroom apartment of 557 sqft on the 4th floor of Elo 3 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 1 October 2024 for AED 685,000, or AED 1,228 per sqft, in line with the AED 1,238 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Elo 3 at Damac Hills 2
685K690K202420252026Typical sale price by year: 2024 AED 687,000; 2025 AED 692,000Sold by developer, October 2024: AED 685,000 (AED 1,228 per sqft)

401 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 401 sits

All 376 1-beds →

401 last sold in October 2024 at AED 1,228 per sqft, in line with what one-beds in Elo 3 at Damac Hills 2 were fetching at the time (AED 1,238). 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 4th floor

All 509 units in Elo 3 at Damac Hills 2
Value
4021-bedAED 684K · Sep 2024
4031-bedAED 682K · Dec 2024
4041-bedAED 684K · Oct 2024
4051-bedAED 672K · Sep 2024
4062-bedAED 1.29M · Oct 2024
4072-bedAED 1.26M · Feb 2025
4082-bedAED 866K · Sep 2024
1–7 of 38

401, Elo 3 at Damac Hills 2 in numbers

  • Sold once: by the developer on 1 October 2024 for AED 685,000, or AED 1,228 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 1 October 2024.

Questions about 401, Elo 3 at Damac Hills 2

What did unit 401 last sell for?

AED 685,000 on 1 October 2024, sold by the developer: AED 1,228 per sqft for 557 sqft. It is the only registered sale of the unit.

How big is unit 401?

557 sqft (51.7 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 401 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.

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Mortgage on 401, Elo 3 at Damac Hills 2

Starts from the last sale price (AED 685K, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

Plus AED 33,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →