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2-bed · 977 sqftElo at Damac Hills 2, Damac Hills 2 · 5th floor

507, 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 507 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.23M9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Elo at Damac Hills 2

What is 507 worth today?

Last sold for AED 1,230,000 in 2024

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9 Sep 2024Sold by developerOff-plan
AED 1,230,000AED 1,258 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
977 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 1.23M · September 2024
Building
Elo at Damac Hills 2

About 507, Elo at Damac Hills 2

507 is a two-bedroom apartment of 977 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 9 September 2024 for AED 1,230,000, or AED 1,258 per sqft, 5% above the AED 1,203 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, September 2024: AED 1,230,000 (AED 1,258 per sqft)

507 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 507 sits

All 150 2-beds →

507 last sold in September 2024 at AED 1,258 per sqft, 5% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,203).

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
5062-bedAED 1.32M · Feb 2025
5082-bedAED 912K · Sep 2024
1–7 of 39

507, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 9 September 2024 for AED 1,230,000, or AED 1,258 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2024.

Questions about 507, Elo at Damac Hills 2

What did unit 507 last sell for?

AED 1,230,000 on 9 September 2024, sold by the developer: AED 1,258 per sqft for 977 sqft. It is the only registered sale of the unit.

How big is unit 507?

977 sqft (90.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 507 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 507, Elo at Damac Hills 2

Starts from the last sale price (AED 1.23M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

Plus AED 56,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →