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2-bed · 1,031 sqftElo at Damac Hills 2, Damac Hills 2 · 5th floor

506, Elo 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 506 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 1.32M14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Elo at Damac Hills 2

What is 506 worth today?

Last sold for AED 1,323,000 in 2025

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14 Feb 2025Sold by developerOff-plan
AED 1,323,000AED 1,283 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2025.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 1.32M · February 2025
Building
Elo at Damac Hills 2

About 506, Elo at Damac Hills 2

506 is a two-bedroom apartment of 1,031 sqft on the 5th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 14 February 2025 for AED 1,323,000, or AED 1,283 per sqft, 8% above the AED 1,190 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Elo at Damac Hills 2
1M1.2M202420252026Typical sale price by year: 2024 AED 949,500; 2025 AED 1,028,575Sold by developer, February 2025: AED 1,323,000 (AED 1,283 per sqft)

506 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 506 sits

All 150 2-beds →

506 last sold in February 2025 at AED 1,283 per sqft, 8% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,190).

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
0 2-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. 2 sold in the last 12 months.

Typical price per sqft
AED 1,205
Typical sale
AED 652K
Typical rent
Few contracts
Typical yield
Elo at Damac Hills 2, Damac Hills 2: prices, sales and rents →

Other units on the 5th floor

All 541 units in Elo at Damac Hills 2
Value
5011-bedAED 662K · Jul 2024
5021-bedAED 662K · Jul 2024
5031-bedAED 662K · Jul 2025
5041-bedAED 694K · Oct 2024
5051-bedAED 662K · Jul 2024
5072-bedAED 1.23M · Sep 2024
5082-bedAED 912K · Sep 2024
1–7 of 39

506, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 14 February 2025 for AED 1,323,000, or AED 1,283 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2025.

Questions about 506, Elo at Damac Hills 2

What did unit 506 last sell for?

AED 1,323,000 on 14 February 2025, sold by the developer: AED 1,283 per sqft for 1,031 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 506, Elo at Damac Hills 2

Starts from the last sale price (AED 1.32M, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,323,000
Deposit, UAE resident (20%)
AED 264,600
Deposit, non-resident (40%)
AED 529,200
Monthly over 25 years at 3.7%
AED 5,413

Plus AED 60,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →