- From
- AED 1.31M
- ≈ $357K
- Handover
- Q3 2027
- Homes
- 1 bed to 2 bed
- 525 – 1,078 sqft
Price per sqft vs registered sales
AED 2,497/sqft (est.)
The DLD median for DAMAC Hills 2 is not loaded yet; the gap appears as soon as it is.
Estimated from the starting price and the smallest unit; the developer has not stated a figure.
How the 48 was scored
4 of 7 factors · 60% of the weight · 24 Sep 2026- Price against what buyers actually paidNot assessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 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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Score card (1080 × 1350, for posting).
The full working behind the 48
Registered visitors- All 7 factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
- Damac Properties' DLD record: 17 projects, 0 past their date
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction
What this means
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.
Payment plan
20/60/20
- Down payment
- 20%
- During construction
- 60%
- On handover
- 20%
One of 2 plans listed on Property Finder
What you’d pay and when
On the starting price of AED 1,311,000, as the plan splits it.
- 20% at bookingAED 262,200≈ $71.4K
- 60% during construction, until handover (Q3 2027)AED 786,600≈ $214K
- 20% on handover (Q3 2027)AED 262,200≈ $71.4K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 1.31M1 bed
525 – 646 sqft
2 bed
775 – 1,078 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | 1 bed | 525 – 646 | AED 1.31M | AED 2,497 |
| Apartment | 2 bed | 775 – 1,078 | — | — |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for ELO 3. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/damac-properties/elo-3), read 2026-09-24; found in the Dubai web sweep. Launch date from Property Finder's sales start date.
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.
Read more
Prices start at AED 1,311,000 on a 20% booking, 60% during construction and 20% on handover plan, with handover listed for the third quarter of 2027.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Damac apartment tower in DAMAC Hills 2
- One and two-bedroom apartments from 525 sq ft
- 20/60/20 payment plan
- Handover Q3 2027
- 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
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.
More in DAMAC Hills 2
Compare side by sideAll projects in DAMAC Hills 2ELO 3: questions buyers ask
How much does ELO 3 cost?
Prices at ELO 3 start from AED 1,311,000 and reach AED 1,497,000 (about $357K) for 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at ELO 3?
The asking price is around AED 2,497 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the ELO 3 handover date?
ELO 3 is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
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. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of ELO 3?
ELO 3 scores 48 of 100 on the Rendr Score, weak, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in DAMAC Hills 2 according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 4 of the 7 are assessed here, 60% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of ELO 3?
ELO 3 is being developed by Damac Properties. It sits in DAMAC Hills 2, Dubai. You can see every project by Damac Properties we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at ELO 3?
ELO 3 is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is ELO 3 registered with DLD?
We do not yet hold a project registration number for ELO 3. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 2 changes since, last 24 Sep 2026
Payment plan changed to 20/60/20
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/damac-properties/elo-3), read 2026-09-24; found in the Dubai web sweep
Sales launch date set to 1 Sep 2024
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/damac-properties/elo-3), read 2026-09-24; found in the Dubai web sweep
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/damac-properties/elo-3), read 2026-09-24; found in the Dubai web sweep
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