1-bed · 555 sqftElo 3 at Damac Hills 2, Damac Hills 2 · 5th floor

503, Elo 3 at Damac Hills 2

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

Unit 503 · DLD and Ejari recordsUpdated 29 November 2024

Last soldAED 695K29 November 2024

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Today's valuefree after one verification

Property timeline for 503, Elo 3 at Damac Hills 2

Today

What is 503 worth today?

Last sold for AED 695,000 in 2024

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29 Nov 2024

29 Nov 2024Sold by developerOff-plan

AED 695,000AED 1,252 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2024.

Key facts

Type: 1-bed apartment
Size: 555 sqft
Floor: 5th of 14
Parking: 1
Last sold: AED 695K · November 2024
Building: Elo 3 at Damac Hills 2

About 503, Elo 3 at Damac Hills 2

503 is a one-bedroom apartment of 555 sqft on the 5th floor of Elo 3 at Damac Hills 2, a 14-storey tower in Damac Hills 2. The developer sold it on 29 November 2024 for AED 695,000, or AED 1,252 per sqft, in line with the AED 1,245 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales

Unit 503, each saleTypical one-bed in Elo 3 at Damac Hills 2

503 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 503 sits

All 376 1-beds →

1-beds in Elo 3 at Damac Hills 2 · last 12 months1,297 /sqft Elo 3 at Damac Hills 2 · all types1,268 /sqft

503 last sold in November 2024 at AED 1,252 per sqft, in line with what one-beds in Elo 3 at Damac Hills 2 were fetching at the time (AED 1,245). Over the last 12 months one-beds sold for AED 720,000, around AED 1,297 per sqft.

Recent 1-bed sales	Size	Price (AED)	Per sqft
24 Dec 202524 December 2025	555 sqft	720,000	1,297
10 Jul 202510 July 2025	552 sqft	670,000	1,213
1 Jul 20251 July 2025	528 sqft	580,000	1,098
30 Jun 202530 June 2025	553 sqft	670,000	1,212

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 5th floor

All 509 units in Elo 3 at Damac Hills 2


501	1-bed	557 sqft	AED 698KAED 698,000 · Nov 2024November 2024
502	1-bed	557 sqft	AED 698KAED 698,000 · Sep 2024September 2024
504	1-bed	557 sqft	AED 698KAED 698,000 · Sep 2024September 2024
505	1-bed	547 sqft	AED 686KAED 686,000 · Oct 2024October 2024
506	2-bed	1,036 sqft	AED 1.33MAED 1,331,000 · Oct 2024October 2024
507		981 sqft	AED 1.29MAED 1,291,000 · Sep 2025September 2025
508	2-bed	825 sqft	AED 951KAED 951,000 · Sep 2024September 2024
509	2-bed	773 sqft	AED 891KAED 891,000 · Sep 2024September 2024
510	2-bed	802 sqft	AED 924KAED 924,000 · Sep 2024September 2024
511	1-bed	527 sqft	AED 608KAED 608,000 · Sep 2024September 2024
512	1-bed	556 sqft	AED 640KAED 640,000 · Nov 2024November 2024
514	1-bed	528 sqft	AED 609KAED 609,000 · Oct 2024October 2024
515	1-bed	619 sqft	AED 714KAED 714,000 · Sep 2024September 2024
516	1-bed	553 sqft	AED 637KAED 637,000 · Apr 2025April 2025
517	1-bed	555 sqft	AED 639KAED 639,000 · Sep 2024September 2024
518	2-bed	834 sqft	AED 962KAED 962,000 · Oct 2024October 2024
519	1-bed	551 sqft	AED 615KAED 615,360 · Sep 2024September 2024
520	1-bed	553 sqft	AED 670KAED 670,000 · Jun 2025June 2025
521	1-bed	615 sqft	AED 708KAED 708,000 · Oct 2024October 2024
522	1-bed	528 sqft	AED 609KAED 609,000 · Sep 2024September 2024
523	1-bed	557 sqft	AED 643KAED 643,000 · Oct 2024October 2024
524	1-bed	556 sqft	AED 640KAED 640,000 · Sep 2024September 2024
525	1-bed	527 sqft	AED 608KAED 608,000 · Sep 2024September 2024
526	2-bed	802 sqft	AED 924KAED 924,000 · Oct 2024October 2024
527	2-bed	773 sqft	AED 891KAED 891,000 · Dec 2024December 2024
528	2-bed	825 sqft	AED 951KAED 951,000 · Sep 2024September 2024
529	2-bed	981 sqft	AED 1.29MAED 1,291,000 · Sep 2024September 2024
530	2-bed	1,036 sqft	AED 1.33MAED 1,331,000 · Sep 2024September 2024
531	1-bed	547 sqft	AED 686KAED 686,000 · Sep 2024September 2024
532	1-bed	557 sqft	AED 698KAED 698,000 · Oct 2024October 2024
533	1-bed	555 sqft	AED 695KAED 695,000 · Dec 2024December 2024
534	1-bed	557 sqft	AED 698KAED 698,000 · Oct 2024October 2024
535	1-bed	557 sqft	AED 698KAED 698,000 · Sep 2024September 2024
536	1-bed	555 sqft	AED 695KAED 695,000 · Jan 2025January 2025
537	2-bed	778 sqft	AED 974KAED 974,000 · Oct 2024October 2024
538	1-bed	552 sqft	AED 692KAED 692,000 · Sep 2024September 2024
539	1-bed	551 sqft	AED 691KAED 691,000 · Feb 2025February 2025
540	1-bed	557 sqft	AED 697KAED 697,000 · Oct 2024October 2024

1–7 of 38

503, Elo 3 at Damac Hills 2 in numbers

Sold once: by the developer on 29 November 2024 for AED 695,000, or AED 1,252 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 29 November 2024.

Questions about 503, Elo 3 at Damac Hills 2

What did unit 503 last sell for?

AED 695,000 on 29 November 2024, sold by the developer: AED 1,252 per sqft for 555 sqft. It is the only registered sale of the unit.

How big is unit 503?

555 sqft (51.6 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 503 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 503, Elo 3 at Damac Hills 2

Starts from the last sale price (AED 695K, 29 November 2024). Switch to today's estimate once you have unlocked it.

Price: AED 695,000
Deposit, UAE resident (20%): AED 139,000
Deposit, non-resident (40%): AED 278,000
Monthly over 25 years at 3.7%: AED 2,843

Plus AED 34,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →