508, 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.
Property timeline for 508, Elo at Damac Hills 2
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 14
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 912K · September 2024
- Building
- Elo at Damac Hills 2
About 508, Elo at Damac Hills 2
508 is a two-bedroom apartment of 832 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 19 September 2024 for AED 912,000, or AED 1,095 per sqft, 7% below 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 508 over time
508 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 508 sits
All 150 2-beds →508 last sold in September 2024 at AED 1,095 per sqft, 7% below 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 832 sqft | 866,000 | 1,040 | ||
| 18 Jul 202518 July 2025 | 776 sqft | 870,000 | 1,121 | ||
| 10 Jul 202510 July 2025 | 1,054 sqft | 1,354,000 | 1,284 | ||
| 10 Jul 202510 July 2025 | 775 sqft | 1,018,000 | 1,313 |
Elo at Damac Hills 2
Building541 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
Other units on the 5th floor
All 541 units in Elo at Damac Hills 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 553 sqft | AED 662KAED 662,000 · Jul 2024July 2024 | ||
| 502 | 1-bed | 554 sqft | AED 662KAED 662,000 · Jul 2024July 2024 | ||
| 503 | 1-bed | 554 sqft | AED 662KAED 662,000 · Jul 2025July 2025 | ||
| 504 | 1-bed | 554 sqft | AED 694KAED 694,000 · Oct 2024October 2024 | ||
| 505 | 1-bed | 554 sqft | AED 662KAED 662,000 · Jul 2024July 2024 | ||
| 506 | 2-bed | 1,031 sqft | AED 1.32MAED 1,323,000 · Feb 2025February 2025 | ||
| 507 | 2-bed | 977 sqft | AED 1.23MAED 1,230,000 · Sep 2024September 2024 | ||
| 509 | 2-bed | 776 sqft | AED 849KAED 849,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 805 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | ||
| 511 | 1-bed | 526 sqft | AED 576KAED 576,000 · Jul 2024July 2024 | ||
| 512 | 1-bed | 554 sqft | AED 607KAED 607,000 · Aug 2024August 2024 | ||
| 513 | 1-bed | 554 sqft | AED 607KAED 607,000 · Jul 2024July 2024 | ||
| 514 | 1-bed | 526 sqft | AED 576KAED 576,000 · Jul 2024July 2024 | ||
| 515 | 1-bed | 614 sqft | AED 707KAED 707,000 · Oct 2024October 2024 | ||
| 516 | 1-bed | 556 sqft | AED 610KAED 610,000 · Oct 2024October 2024 | ||
| 517 | 1-bed | 554 sqft | AED 607KAED 607,000 · Sep 2024September 2024 | ||
| 518 | 2-bed | 832 sqft | AED 912KAED 912,000 · Sep 2024September 2024 | ||
| 519 | 1-bed | 554 sqft | AED 607KAED 607,000 · Sep 2024September 2024 | ||
| 520 | 1-bed | 556 sqft | AED 610KAED 610,000 · Sep 2024September 2024 | ||
| 521 | 1-bed | 614 sqft | AED 676KAED 676,000 · Sep 2024September 2024 | ||
| 522 | 1-bed | 526 sqft | AED 576KAED 576,000 · Oct 2024October 2024 | ||
| 523 | 1-bed | 554 sqft | AED 607KAED 607,000 · Sep 2024September 2024 | ||
| 524 | 1-bed | 554 sqft | AED 607KAED 607,000 · Sep 2024September 2024 | ||
| 525 | 1-bed | 526 sqft | AED 518KAED 518,400 · Nov 2024November 2024 | ||
| 526 | 2-bed | 805 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | ||
| 527 | 2-bed | 776 sqft | AED 849KAED 849,000 · Dec 2024December 2024 | ||
| 528 | 2-bed | 832 sqft | AED 912KAED 912,000 · Aug 2024August 2024 | ||
| 529 | 2-bed | 977 sqft | AED 1.23MAED 1,230,000 · Sep 2024September 2024 | ||
| 530 | 2-bed | 1,031 sqft | AED 1.27MAED 1,265,000 · Jul 2024July 2024 | ||
| 531 | 1-bed | 554 sqft | AED 662KAED 662,000 · Jul 2024July 2024 | ||
| 532 | 1-bed | 554 sqft | AED 662KAED 662,000 · Aug 2024August 2024 | ||
| 533 | 1-bed | 554 sqft | AED 662KAED 662,000 · Oct 2024October 2024 | ||
| 534 | 1-bed | 554 sqft | AED 662KAED 662,000 · Jul 2024July 2024 | ||
| 535 | 1-bed | 553 sqft | AED 662KAED 662,000 · Sep 2024September 2024 | ||
| 536 | 1-bed | 552 sqft | AED 745KAED 745,000 · Apr 2025April 2025 | ||
| 537 | 2-bed | 775 sqft | AED 971KAED 971,000 · Feb 2025February 2025 | ||
| 538 | 1-bed | 554 sqft | AED 662KAED 662,000 · Aug 2024August 2024 | ||
| 539 | 1-bed | 552 sqft | AED 649KAED 648,760 · Jul 2024July 2024 | ||
| 540 | 1-bed | 553 sqft | AED 662KAED 662,000 · Sep 2024September 2024 |
508, Elo at Damac Hills 2 in numbers
- Sold once: by DAMAC on 19 September 2024 for AED 912,000, or AED 1,095 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: YallaValue analysis of Dubai Land Department records. Updated 19 September 2024.
Questions about 508, Elo at Damac Hills 2
What did unit 508 last sell for?
AED 912,000 on 19 September 2024, sold by the developer: AED 1,095 per sqft for 832 sqft. It is the only registered sale of the unit.
How big is unit 508?
832 sqft (77.3 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 508 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 508, Elo at Damac Hills 2
Starts from the last sale price (AED 912K, 19 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 912,000
- Deposit, UAE resident (20%)
- AED 182,400
- Deposit, non-resident (40%)
- AED 364,800
- Monthly over 25 years at 3.7%
- AED 3,731
Plus AED 43,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →