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2-bed · 948 sqftElo at Damac Hills 2, Damac Hills 2 · 2nd floor

229, Elo 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 229 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.16M19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Elo at Damac Hills 2

What is 229 worth today?

Last sold for AED 1,159,000 in 2024

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19 Sep 2024Sold by developerOff-plan
AED 1,159,000AED 1,222 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
948 sqft
Floor
2nd of 14
Parking
1
Developer
DAMAC
Last sold
AED 1.16M · September 2024
Building
Elo at Damac Hills 2

About 229, Elo at Damac Hills 2

229 is a two-bedroom apartment of 948 sqft on the 2nd floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 19 September 2024 for AED 1,159,000, or AED 1,222 per sqft, 4% above the AED 1,176 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical two-bed in Elo at Damac Hills 2
1M1.1M202420252026Typical sale price by year: 2024 AED 949,500; 2025 AED 1,028,575Sold by developer, September 2024: AED 1,159,000 (AED 1,222 per sqft)

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

2-beds in Elo at Damac Hills 2, and where 229 sits

All 150 2-beds →

229 last sold in September 2024 at AED 1,222 per sqft, 4% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,176). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,261 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 2025866,000
18 Jul 2025870,000
10 Jul 20251,354,000
10 Jul 20251,018,000
1 2-bed sale in the last 12 months

Elo at Damac Hills 2

Building

541 apartments, 1-bed to 2-bed over 14 floors in Damac Hills 2 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,261
Typical sale
AED 723K
Typical rent
Few contracts
Typical yield
Elo at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 2nd floor

All 541 units in Elo at Damac Hills 2
Value
2011-bedAED 631K · May 2025
2021-bedAED 632K · Aug 2024
2031-bedAED 632K · Sep 2024
2041-bedAED 632K · Sep 2024
2051-bedAED 632K · Sep 2024
2062-bedAED 1.17M · Aug 2024
2072-bedAED 1.16M · Aug 2024
1–7 of 39

229, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 19 September 2024 for AED 1,159,000, or AED 1,222 per sqft.
  • Two-beds in Elo at Damac Hills 2 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,261 per sqft.

Source: Dubai Land Department. Updated 19 September 2024.

Questions about 229, Elo at Damac Hills 2

What did unit 229 last sell for?

AED 1,159,000 on 19 September 2024, sold by the developer: AED 1,222 per sqft for 948 sqft. It is the only registered sale of the unit.

How big is unit 229?

948 sqft (88.1 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elo at Damac Hills 2 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,261 per sqft.

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Mortgage on 229, Elo at Damac Hills 2

Starts from the last sale price (AED 1.16M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,159,000
Deposit, UAE resident (20%)
AED 231,800
Deposit, non-resident (40%)
AED 463,600
Monthly over 25 years at 3.7%
AED 4,742

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →