2-bed · 775 sqftElo at Damac Hills 2, Damac Hills 2 · 5th floor

537, 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 537 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 971K14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 537, Elo at Damac Hills 2

What is 537 worth today?

Last sold for AED 971,000 in 2025

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14 Feb 2025Sold by developerOff-plan
AED 971,000AED 1,252 per sqft

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

Key facts

Type
2-bed apartment
Size
775 sqft
Floor
5th of 14
Parking
1
Developer
DAMAC
Last sold
AED 971K · February 2025

About 537, Elo at Damac Hills 2

537 is a two-bedroom apartment of 775 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 971,000, or AED 1,252 per sqft, 5% 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 537 over time

Sales
Unit 537, each saleTypical two-bed in Elo at Damac Hills 2
950K1M202420252026Typical sale price by year: 2024 AED 949,500; 2025 AED 1,028,575Sold by developer, February 2025: AED 971,000 (AED 1,252 per sqft)

537 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 537 sits

All 150 2-beds →

537 last sold in February 2025 at AED 1,252 per sqft, 5% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,190). 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 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
5072-bedAED 1.23M · Sep 2024
1–7 of 39

537, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 14 February 2025 for AED 971,000, or AED 1,252 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 14 February 2025.

Questions about 537, Elo at Damac Hills 2

What did unit 537 last sell for?

AED 971,000 on 14 February 2025, sold by the developer: AED 1,252 per sqft for 775 sqft. It is the only registered sale of the unit.

How big is unit 537?

775 sqft (72.0 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 537 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 537, Elo at Damac Hills 2

Starts from the last sale price (AED 971K, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 971,000
Deposit, UAE resident (20%)
AED 194,200
Deposit, non-resident (40%)
AED 388,400
Monthly over 25 years at 3.7%
AED 3,973

Plus AED 45,792 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →