- Sold from6 sales, last 90 days · DLD; cheapest: all 1-beds
- AED 952K≈ $259K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 577K
- Buyers paid vs DLD median
- +1%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 952K
- 6 sales, last 90 days · DLD; cheapest: all 1-bedsListed from AED 577K
- Bedrooms
- 1 bed to 2 bed
- 525 – 1,079 sqft · 1,145 units
- Payment plan
- 20/60/20
- AED 115K to book
- Handover
- Q2 2027
- 0% built per the DLD
DLD registered sales
- Last 90 days
- AED 1.27M – AED 1.35M
- · 6 sales, mostly 2-beds
Homes and floor plans
1,145 homes · FreeholdPick a home: the plan and the forecast follow it.
Paid: middle half of each type's off-plan sales, Dec 2025–Nov 2026 · DLD
Payment plan · 1-bed apartment
On AED 577K- 20% at bookingAED 115K
- 60% during construction, until handover (Q2 2027)AED 346K
- 20% on handover (Q2 2027)AED 115K
Before the keys: AED 462K, 80% of the price.
1% a month during construction
Damac Properties’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · DAMAC Hills 2 · Dubai
DAMAC's second masterplan, formerly Akoya Oxygen, off the Al Qudra Road far south of the city: townhouses and villas in themed clusters.
Forecast
What the 1-bed apartment could be worth
More in DAMAC Hills 2
Compare side by sideAll projects in DAMAC Hills 2
The in-depth review
Why it scores 54
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026+1% above what buyers paid nearby
13 off-plan sales, last 6 months · middle half AED 1,258 – AED 1,324
Off-plan sales, since 1 Jan 2026, in the register's Madinat Hind 4 district, 51 registered sales in the area · middle half AED 1,196 – AED 1,334
Our estimate from the listed prices and unit sizes
Off-plan sales pace
2.2 a month
13 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 1,298/sqft in this project (off-plan sales, last 6 months, 13 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,288/sqft for apartments in DAMAC Hills 2, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 1,391/sqft (est.). Source: Dubai Land Department open data.
How the 54 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 13 registered off-plan sales here, against the median of 51 off-plan sales in DAMAC Hills 2 · DLD
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 60% during construction · 20% on handover
- Location and infrastructure
- Our rating of DAMAC Hills 2, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 87 resales of finished apartments in DAMAC Hills 2 this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q2 2027
- How much is still being built nearby
- 146 homes sold in DAMAC Hills 2 this year, 35% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 13 registered sales, against 51 in the area; 13 is a small sample for one project and 51 in the area is a thin benchmark.
52 → 54 2 Nov 2026, price, developer record, resale, supply factorsScored since 24 Sep 2026 · 6 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 54
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 33 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 24 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at ELO 2, and everything behind the 54.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2027
Under construction · 0.08% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in DAMAC Hills 2: 4 more projects we list
Damac Properties: 20 projects delivered in the last ten years, typically 12 months late, none cancelled.
ELO 2 is due to hand over in Q2 2027. Construction is 0.08% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration3122
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 6 Nov 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q2 2027. Ask for the date in the sales agreement.3Today's price list
AED 577,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 60% during construction, 20% at handover. Ask for each payment's date and amount.
About
ELO 2 is Damac's apartment tower in DAMAC Hills 2, Dubai, with one and two-bedroom apartments from about 525 to 1,079 sq ft.
- Developer
- Damac Properties
- Area
- DAMAC Hills 2
- Status
- Under construction
- Sales launch
- 1 Sep 2024
- Total units
- 1,145
- Storeys
- 15
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- Cafe and Restaurants
- Retail Facilities
- Children's Play Area
What’s nearby
straight-line distance- Beach3.7 km
- Supermarket or mall8.4 km
- Hospital or clinic10 km
- School12 km
- Metro or tram stop14 km
The nearest of each on OpenStreetMap, Sep 2026.
ELO 2: questions buyers ask
How much does ELO 2 cost?
Registered sales at ELO 2 start from AED 952,000 (about $259K): the cheapest tenth of 6 off-plan sales (all 1-beds), Sep–Nov 2026, per DLD. It is listed from AED 577,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at ELO 2?
Buyers paid a median of AED 1,298 per sqft at ELO 2 (off-plan sales, last 6 months, 13 registered sales).
When is the ELO 2 handover date?
ELO 2 is expected to hand over in Q2 2027. The project is under construction, 0.08% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the ELO 2 payment plan?
ELO 2 is offered on a 20/60/20 plan: 20% on booking, 60% during construction and 20% at handover.
Is ELO 2 priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,298 per sqft in ELO 2 (off-plan sales, last 6 months, 13 registered sales), which is 1% above the median of AED 1,288 per sqft that buyers actually paid for apartments in DAMAC Hills 2, across 51 sales registered with DLD.
What is the Rendr Score of ELO 2?
ELO 2 scores 54 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of ELO 2?
ELO 2 is being developed by Damac Properties. It sits in DAMAC Hills 2, Dubai.
Is ELO 2 registered with DLD?
ELO 2 is registered with the Dubai Land Department (DLD) under number 3122. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 4 changes since, last 6 Nov 2026
Payment plan changed to 20/60/20
Source: propertyfinder.ae, read 6 Nov 2026
Construction 0.08% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Payment plan stated: 20/50/30
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 1 Sep 2024
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026