Price, payment plan and homes
Price per propertyfinder.ae, 1 Oct 2026- Starting price
- AED 1.31M
- ≈ $357K
- Bedrooms
- 1 bed to 2 bed
- 525 – 1,078 sqft
- Payment plan
- 20/60/20
- AED 262K to book
- Handover
- Q3 2027
Homes and floor plans
Freehold
Payment plan
On AED 1.31M- 20% at bookingAED 262K
- 60% during construction, until handover (Q3 2027)AED 787K
- 20% on handover (Q3 2027)AED 262K
Before the keys: AED 1.05M, 80% of the price.
One of 2 plans listed on Property Finder
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 it could be worth
More in DAMAC Hills 2
Compare side by sideAll projects in DAMAC Hills 2
The in-depth review
Why it scores 45
Price per sqft vs registered sales
Dubai Land Department open dataAED 2,497/sqft (est.)
The DLD median for apartments in DAMAC Hills 2 is AED 1,288/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.
How the 45 was scored
6 of 8 factors · 85% 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 scheduleNot assessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileNot assessed · 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
- Our estimate from its typical home, 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
- Not assessed yet: needs the completion % and handover date, or the owner's assessment
- How much is still being built nearby
- 146 homes sold in DAMAC Hills 2 this year, 35% off-plan · DLD
- The basics on file
- Not assessed yet: needs the project's DLD registration or escrow account number
Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price, measured against 51 registered sales in the area (a thin benchmark).
42 → 45 2 Nov 2026, developer record, resale, supply factorsScored since 24 Sep 2026 · 3 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 45
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 6 assessed 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
Everything behind the 45, and behind every other score on the site.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction
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 3 is due to hand over in Q3 2027. The project is under construction. 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 registrationNot published yet
- 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 1 Oct 2026, last verified 1 Oct 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no DLD registration. Ask for the project number and its escrow account, and check both on dubailand.gov.ae.2The handover date
The listed date is Q3 2027. Ask for the date in the sales agreement.3Today's price list
AED 1,311,000 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 3 is Damac's apartment tower in DAMAC Hills 2, Dubai, with one and two-bedroom apartments from about 525 to 1,078 sq ft.
- Developer
- Damac Properties
- Area
- DAMAC Hills 2
- Status
- Under construction
- Sales launch
- 1 Sep 2024
- Ownership
- Freehold
Amenities
- Landscaped Gardens
- Gymnasium
- Restaurants
- Indoor Swimming Pool
- CCTV Security
- Barbecue Area
- Children's Play Area
What’s nearby
straight-line distance- Beach3.8 km
- Supermarket or mall8.6 km
- Hospital or clinic10 km
- School12 km
- Metro or tram stop14 km
The nearest of each on OpenStreetMap, Sep 2026.
ELO 3: questions buyers ask
How much does ELO 3 cost?
Prices at ELO 3 start from AED 1,311,000 (about $357K) and reach AED 1,497,000 for 1-bedroom and 2-bedroom homes, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at ELO 3?
The asking price is around AED 2,497 per sqft, our estimate from the listed prices and unit sizes.
When is the ELO 3 handover date?
ELO 3 is expected to hand over in Q3 2027. The project is under construction.
What is the ELO 3 payment plan?
ELO 3 is offered on a 20/60/20 plan: 20% on booking, 60% during construction and 20% at handover.
What is the Rendr Score of ELO 3?
ELO 3 scores 45 of 100 on the Rendr Score, weak, as of 10 Nov 2026; 6 of its 8 factors are assessed, 85% of the weight.
Who is the developer of ELO 3?
ELO 3 is being developed by Damac Properties. It sits in DAMAC Hills 2, Dubai.
Changes
Listed 24 Sep 2026 · 2 changes since, last 24 Sep 2026
Payment plan stated: 20/60/20
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