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2-bed · 971 sqftElo 3 at Damac Hills 2, Damac Hills 2 · 4th floor

407, Elo 3 at Damac Hills 2

Sold prices and rental history: sold once, by the developer in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 1.26M21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Elo 3 at Damac Hills 2

What is 407 worth today?

Last sold for AED 1,260,000 in 2025

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21 Feb 2025Sold by developerOff-plan
AED 1,260,000AED 1,297 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2025.

Key facts

Type
2-bed apartment
Size
971 sqft
Floor
4th of 14
Parking
1
Last sold
AED 1.26M · February 2025
Building
Elo 3 at Damac Hills 2

About 407, Elo 3 at Damac Hills 2

407 is a two-bedroom apartment of 971 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 21 February 2025 for AED 1,260,000, or AED 1,297 per sqft, 7% above the AED 1,212 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Elo 3 at Damac Hills 2
1M1.2M202420252026Typical sale price by year: 2024 AED 974,000; 2025 AED 1,116,000Sold by developer, February 2025: AED 1,260,000 (AED 1,297 per sqft)

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

2-beds in Elo 3 at Damac Hills 2, and where 407 sits

All 128 2-beds →

407 last sold in February 2025 at AED 1,297 per sqft, 7% above what two-beds in Elo 3 at Damac Hills 2 were fetching at the time (AED 1,212). Over the last 12 months two-beds sold for AED 1,033,000, around AED 1,238 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,033,000
24 Jul 20251,206,380
10 Jul 20251,488,000
8 Jul 20251,372,000
1 2-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
4011-bedAED 685K · Oct 2024
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
4082-bedAED 866K · Sep 2024
1–7 of 38

407, Elo 3 at Damac Hills 2 in numbers

  • Sold once: by the developer on 21 February 2025 for AED 1,260,000, or AED 1,297 per sqft.
  • Two-beds in Elo 3 at Damac Hills 2 sold for AED 1,033,000–1,033,000 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 21 February 2025.

Questions about 407, Elo 3 at Damac Hills 2

What did unit 407 last sell for?

AED 1,260,000 on 21 February 2025, sold by the developer: AED 1,297 per sqft for 971 sqft. It is the only registered sale of the unit.

How big is unit 407?

971 sqft (90.2 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elo 3 at Damac Hills 2 sold for AED 1,033,000 to 1,033,000 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 407, Elo 3 at Damac Hills 2

Starts from the last sale price (AED 1.26M, 21 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

Plus AED 57,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →