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1-bed · 528 sqftElo 3 at Damac Hills 2, Damac Hills 2 · 4th floor

424, Elo 3 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 424 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 596K30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Elo 3 at Damac Hills 2

What is 424 worth today?

Last sold for AED 596,000 in 2024

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30 Sep 2024Sold by developerOff-plan
AED 596,000AED 1,128 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
528 sqft
Floor
4th of 14
Parking
1
Last sold
AED 596K · September 2024
Building
Elo 3 at Damac Hills 2

About 424, Elo 3 at Damac Hills 2

424 is a one-bedroom apartment of 528 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 30 September 2024 for AED 596,000, or AED 1,128 per sqft, 9% below the AED 1,233 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical one-bed in Elo 3 at Damac Hills 2
600K650K700K202420252026Typical sale price by year: 2024 AED 687,000; 2025 AED 692,000Sold by developer, September 2024: AED 596,000 (AED 1,128 per sqft)

424 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 424 sits

All 376 1-beds →

424 last sold in September 2024 at AED 1,128 per sqft, 9% below what one-beds in Elo 3 at Damac Hills 2 were fetching at the time (AED 1,233). 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
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
4072-bedAED 1.26M · Feb 2025
1–7 of 38

424, Elo 3 at Damac Hills 2 in numbers

  • Sold once: by the developer on 30 September 2024 for AED 596,000, or AED 1,128 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 30 September 2024.

Questions about 424, Elo 3 at Damac Hills 2

What did unit 424 last sell for?

AED 596,000 on 30 September 2024, sold by the developer: AED 1,128 per sqft for 528 sqft. It is the only registered sale of the unit.

How big is unit 424?

528 sqft (49.1 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 424 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 424, Elo 3 at Damac Hills 2

Starts from the last sale price (AED 596K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 596,000
Deposit, UAE resident (20%)
AED 119,200
Deposit, non-resident (40%)
AED 238,400
Monthly over 25 years at 3.7%
AED 2,438

Plus AED 30,042 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →