ELO at DAMAC Hills 2 – Modern Apartments in a Garden‑Lifestyle Community
ELO at DAMAC Hills 2 is a contemporary residential development by DAMAC Properties, located within the spacious and green‑focused DAMAC Hills 2 community (formerly “Akoya Oxygen”). Designed for young professionals, first‑time investors and families seeking value with quality, ELO offers modern 1‑ and 2‑bedroom apartments in a master‑planned environment focused on recreation and connectivity.
Lifestyle Overview
ELO presents a balanced lifestyle blend combining accessible luxury with community living. Set within leafy grounds and walking distance to sports, leisure and wellness facilities, it offers:
- Bright open‑plan 1 and 2‑bed apartments with large balconies and modern finishes
- Access to resort‑style amenities: clubhouses, landscaped gardens, children’s play zones, pool and fitness facilities
- Convenient community design with schools, cafés, shopping and outdoor leisure all within the master‑plan
- Easy access to major roads while retaining a calm, green‑enclave feel making it suited to both residents and tenants
Investment Profile & ROI
From an investment perspective, ELO offers an attractive entry point into Dubai’s off‑plan market with solid upside:
- Prices start from approximately AED 547,000 for a 1‑bed apartment. Off Plan Properties+2Property Finder+2
- Units are expected to deliver gross rental yields of 7%+, based on comparable 1–2 bedroom listings in the area.
- Capital appreciation potential of 15‑20%+ over the next few years, as infrastructure and demand in DAMAC Hills 2 increase.
- Freehold ownership, tax‑free rental income, and strong developer brand ensure both liquidity and security for investors.
Residences & Unit Mix
ELO offers a selection of modern apartment types:
- 1 Bedroom Apartments – from approx. 525 to 646 sq ft, pricing from around AED 547,000. Off Plan Properties+1
- 2 Bedroom Apartments – from approx. 775 to 1,078 sq ft, pricing from around AED 818,000. Off Plan Properties+1
Each apartment features high‑quality finishes, full‑height windows, generous balconies, and is designed to meet the twin goals of everyday comfort and rental appeal.
Payment Plan & Cashflow
The payment structure supports phased investment and cash‑flow planning:
| Stage |
Percentage |
Milestone |
| Booking Deposit |
20 % |
On reservation |
| During Construction |
50–60 % |
Phased instalments over construction period |
| On Handover |
20–30 % |
At or near completion (estimated Q4 2026) |
Some launch phases may also offer alternate plans such as 1% monthly instalments or extended post‑handover options, subject to unit and availability.
Location & Connectivity
ELO at DAMAC Hills 2 enjoys a strong connection to both nature and the city:
- Located within DAMAC Hills 2, surrounded by green parklands, lakes and leisure amenities
- Access to major roads including Al Qudra Road and Sheikh Mohammed bin Zayed Road, providing fast links to central Dubai
- Approximate drive times: 20–30 minutes to Downtown Dubai; 25 minutes to Al Maktoum International Airport (DWC); family‑friendly community environment. Allsopp and Allsopp+1
Why ELO at DAMAC Hills 2?
- Entry‑level pricing into a trusted DAMAC master community with strong lifestyle amenities
- Balanced combination of value, rental yield, and capital growth potential
- Low‑rise, green community appeal ideal for families or tenants
- Developed by DAMAC, known for delivery and quality
- Freehold ownership and accessibility for international investors
Summary
ELO at DAMAC Hills 2 is a smart, value‑driven property opportunity in one of Dubai’s emerging residential zones. Whether you are looking for a first‑home, a rental asset, or a portfolio‑entry investment, ELO offers strong alignment of lifestyle, affordability and growth. With modern design, flexible terms and a solid ROI foundation, this development stands out in today’s market.
Key Features
- Modern 1 & 2 Bedroom apartments in DAMAC Hills 2
- Starting price from approx. AED 547,000
- Flexible payment plan around 20 / 50–60 / 20–30 structure
- Expected gross rental yields of 7%+ and capital appreciation potential of 15–20%+
- Resort‑style community amenities and green living environment
- Freehold, tax‑free rental income, strong brand and delivery credentials