Off-PlanDubai

DAMAC Properties · Dubai

Elo 3

DAMAC Hills 2, Dubai

Bedrooms

1 – 2 Bed

Type

Apartment

Payment Plan

70/30 — 20% deposit, monthly installments to 34 months, 30% on completion

Handover

Q2 2027

Payment Plan

Initial Deposit

Immediate

20%

Monthly Installments (mostly 1%, two 5% milestone months)

Within 3–34 months of sale date

40%

80% / 90% Completion Milestones

On 80% and 90% of building completion

10%

Final Installment

On Completion (ACD: June 2027)

30%

Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Total Units

557 (390 1BR + 167 2BR)

Starting Price (1 BR)

AED 579,000

Starting Price (2 BR)

AED 855,000

Payment Plan

70/30

Anticipated Completion

June 2027

Unit Sizes

1 BedroomFrom AED 579,000

2 BedroomFrom AED 855,000

At a Glance

Distinctive V-shaped twin-tower design within DAMAC Hills 2, launched June 2024
14 floors, 557 total units confirmed via the developer’s own Floor Configuration table (390 1BR + 167 2BR)
Tower amenities: swimming pool + swim-up bar, climbing wall, gym, outdoor cinema, kids’ play area, on-site padel/tennis court
70/30 payment plan: 20% deposit, monthly installments to 34 months, 30% on completion
EOI amounts: AED 30,000 (1 BR), AED 45,000 (2 BR), AED 1,500,000 (full floor)
Anticipated Completion Date: June 2027

About this project

Elo 3 is a distinctive V-shaped twin-tower 1 & 2-bedroom apartment building within DAMAC Hills 2, launched with EOI submissions from June 2024. Its two wings taper toward a shared central podium, with private outdoor terraces flowing down each façade. The tower offers swimming pool, climbing wall, gym, outdoor cinema and kids’ play area, plus an on-site padel/tennis court, close to DAMAC Hills 2’s Water Town. 1-bedroom units start from AED 579,000, 2-bedroom from AED 855,000, on a 70/30 payment plan with an anticipated completion date of June 2027. Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Wellness & Fitness

Swimming Pool
Gym

Dining & Social

Swim-Up Bar

Lifestyle & Comfort

Climbing Wall
Outdoor Cinema
Padel / Tennis Court

Family & Kids

Kids’ Play Area

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Unit Count & Pricing — Full Price List Not Reliably Parseable

Total unit count (557: 390 1BR + 167 2BR) and starting prices (AED 579,000 / 855,000) are read directly from the One Pager Factsheet’s own clean "Floor Configuration" table and "Pricing" box, both internally consistent (the Floor Configuration’s 14-floor breakdown sums to exactly 557). The full 8-page Unit Price List PDF, unlike Elo and Elo 2’s equivalent documents, uses an inconsistent column layout that varies page-to-page in raw-text extraction (label and value positions shift between pages), making a reliable full-building area/price range impractical to extract with confidence within this session’s scope — detailed area/price ranges are therefore omitted rather than guessed. The Factsheet’s own "Sample Full Floor Pricing" table (Tower A, Floor 2, all 40 units) was cross-checked instead and is internally consistent with the headline starting prices.

Imagery

Two genuine, project-specific images cropped from the zip’s own Direct Sales Launch eDM: a text-free exterior render of the building’s distinctive V-shaped twin-tower form with its on-site padel/tennis court, and a poolside courtyard amenity shot.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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Map shows approximate project location. Exact site boundaries may vary.

About the Developer

DAMAC Properties

DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

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Starting from

AED 579K

70/30 — 20% deposit, monthly installments to 34 months, 30% on completion · Handover Q2 2027

Dubai — Market Yield Range

5% – 12.5% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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