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2-bed · 1,047 sqftElo at Damac Hills 2, Damac Hills 2 · 7th floor

706, 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 706 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 1.31M25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Elo at Damac Hills 2

What is 706 worth today?

Last sold for AED 1,307,000 in 2024

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25 Jul 2024Sold by developerOff-plan
AED 1,307,000AED 1,248 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
7th of 14
Parking
1
Developer
DAMAC
Last sold
AED 1.31M · July 2024
Building
Elo at Damac Hills 2

About 706, Elo at Damac Hills 2

706 is a two-bedroom apartment of 1,047 sqft on the 7th floor of Elo at Damac Hills 2, a 14-storey tower in Damac Hills 2 by DAMAC. The developer sold it on 25 July 2024 for AED 1,307,000, or AED 1,248 per sqft, 9% above the AED 1,147 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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, July 2024: AED 1,307,000 (AED 1,248 per sqft)

706 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 706 sits

All 150 2-beds →

706 last sold in July 2024 at AED 1,248 per sqft, 9% above what two-beds in Elo at Damac Hills 2 were fetching at the time (AED 1,147). 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 7th floor

All 541 units in Elo at Damac Hills 2
Value
7011-bedAED 678K · Sep 2024
7021-bedAED 679K · Sep 2024
7031-bedAED 679K · Aug 2024
7041-bedAED 679K · Jul 2024
7051-bedAED 679K · Jul 2024
7072-bedAED 1.31M · Nov 2024
7082-bedAED 906K · Oct 2024
1–7 of 38

706, Elo at Damac Hills 2 in numbers

  • Sold once: by DAMAC on 25 July 2024 for AED 1,307,000, or AED 1,248 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 25 July 2024.

Questions about 706, Elo at Damac Hills 2

What did unit 706 last sell for?

AED 1,307,000 on 25 July 2024, sold by the developer: AED 1,248 per sqft for 1,047 sqft. It is the only registered sale of the unit.

How big is unit 706?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 706 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 706, Elo at Damac Hills 2

Starts from the last sale price (AED 1.31M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,307,000
Deposit, UAE resident (20%)
AED 261,400
Deposit, non-resident (40%)
AED 522,800
Monthly over 25 years at 3.7%
AED 5,347

Plus AED 59,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →