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1-bed · 526 sqftElo at Damac Hills 2, Damac Hills 2 · 4th floor

424, Elo at Damac Hills 2

Sold prices and rental history: sold once, by the developer in July 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 24 July 2024
Last soldAED 562K24 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Elo at Damac Hills 2

What is 424 worth today?

Last sold for AED 562,000 in 2024

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24 Jul 2024Sold by developerOff-plan
AED 562,000AED 1,067 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2024.

Key facts

Type
1-bed apartment
Size
526 sqft
Floor
4th of 14
Parking
1
Developer
DAMAC
Last sold
AED 562K · July 2024
Building
Elo at Damac Hills 2

About 424, Elo at Damac Hills 2

424 is a one-bedroom apartment of 526 sqft on the 4th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 24 July 2024 for AED 562,000, or AED 1,067 per sqft, 11% below the AED 1,200 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 at Damac Hills 2
600K700K202420252026Typical sale price by year: 2024 AED 660,000; 2025 AED 680,000Sold by developer, July 2024: AED 562,000 (AED 1,067 per sqft)

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

1-beds in Elo at Damac Hills 2, and where 424 sits

All 385 1-beds →

424 last sold in July 2024 at AED 1,067 per sqft, 11% below what one-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,200). Over the last 12 months one-beds sold for AED 581,150 to 723,000, around AED 1,205 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026723,000
29 Dec 2025581,150
10 Jul 2025586,000
8 Jul 2025709,000
2 1-bed sales 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 4th floor

All 541 units in Elo at Damac Hills 2
Value
4011-bedAED 648K · Jul 2024
4021-bedAED 648K · Sep 2024
4031-bedAED 648K · Aug 2024
4041-bedAED 648K · Aug 2024
4051-bedAED 648K · Jul 2024
4062-bedAED 1.25M · Oct 2024
4072-bedAED 1.2M · Jul 2024
1–7 of 39

424, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 24 July 2024 for AED 562,000, or AED 1,067 per sqft.
  • One-beds in Elo at Damac Hills 2 sold for AED 581,150–723,000 in the 12 months to November 2026; the building's median across all types is AED 1,261 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2024.

Questions about 424, Elo at Damac Hills 2

What did unit 424 last sell for?

AED 562,000 on 24 July 2024, sold by the developer: AED 1,067 per sqft for 526 sqft. It is the only registered sale of the unit.

How big is unit 424?

526 sqft (48.9 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 at Damac Hills 2 sold for AED 581,150 to 723,000 in the last 12 months, around AED 1,205 per sqft.

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Mortgage on 424, Elo at Damac Hills 2

Starts from the last sale price (AED 562K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 562,000
Deposit, UAE resident (20%)
AED 112,400
Deposit, non-resident (40%)
AED 224,800
Monthly over 25 years at 3.7%
AED 2,299

Plus AED 28,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →