DAMAC Hills (2) - Elo 2 & Elo 3: off-plan project in DAMAC Hills 2
DAMAC Hills (2) - Elo 2 & Elo 3 is an off-plan residential apartment project in DAMAC Hills 2, registered with the Dubai Land Department as project no. 3122 and developed by Front Line Investment Management L.L.C. From October 16, 2025 to October 16, 2026, 32 off-plan sales were registered there at a median price of AED 1,246,400 (AED 1,286 per sq ft); 80% of sales fall between AED 667,000 and AED 1,362,625.
- 32off-plan sales in 12 months
- AED 1,246,400median sale price
- AED 1,286median price per sq ft
- 0.1%construction progress (DLD)
- June 2027end date in the register
- 1,145registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,286 per sq ft, DAMAC Hills (2) - Elo 2 & Elo 3 is 27.2% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 32 off-plan sales in 12 months, about 3 a month.
- Construction: 0.1% complete in the DLD register, construction had not started at the latest inspection; planned end June 2027.
- Profile: a concentrated project, 68.8% of sales are the same unit type (apartment · 2 bedrooms).
DAMAC Hills (2) - Elo 2 & Elo 3: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3122 |
| Registered developer | Front Line Investment Management L.L.C (developer no. 1021) |
| Community (master project) | DAMAC Hills 2 |
| DLD area | Madinat Hind 4 |
| Register status | not started |
| Construction progress | 0.1% |
| Project start | September 1, 2024 |
| Planned end | June 30, 2027 |
| Registered units | 1,145 units |
| Buildings | 3 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
DAMAC Hills (2) - Elo 2 & Elo 3 off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 706,500.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 1 bedroom | 10 | AED 706,500 | 558,050 – 783,900 | 51 m² (549 sq ft) | AED 1,275 |
| Apartment · 2 bedrooms | 22 | AED 1,311,500 | 947,500 – 1,392,725 | 92 m² (990 sq ft) | AED 1,294 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 2 bedrooms: 68.8% of off-plan sales, with a median size of 92 m² (75 to 97 m² for 80% of them).
- Apartment · 2 bedrooms: 68.8% (22 sales)
- Apartment · 1 bedroom: 31.3% (10 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
DAMAC Hills (2) - Elo 2 & Elo 3 off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,235 in Q3 2024 to AED 1,278 in Q3 2026 (+3.5%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q3 2024 | 357 | AED 1,235 | — |
| Q4 2024 | 586 | AED 1,238 | +0.3% |
| Q1 2025 | 83 | AED 1,262 | +1.9% |
| Q2 2025 | 17 | AED 1,268 | +0.5% |
| Q3 2025 | 15 | AED 1,272 | +0.3% |
| Q4 2025 | 10 | AED 1,257 | -1.1% |
| Q1 2026 | 14 | AED 1,282 | +2% |
| Q2 2026 | 5 | AED 1,342 | +4.7% |
| Q3 2026 | 6 | AED 1,278 | -4.8% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in DAMAC Hills 2
To gauge the rental market around DAMAC Hills (2) - Elo 2 & Elo 3: annual rents of Ejari contracts registered in DAMAC Hills 2 over the last 12 months (5,521 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 220 | AED 37,000 | 33,000 – 40,000 |
| Apartment · 1 bedroom | 230 | AED 47,125 | 42,000 – 54,000 |
| Apartment · 2 bedrooms | 36 | AED 65,500 | 58,000 – 71,500 |
| Villa / townhouse · 2 bedrooms | 104 | AED 90,000 | 80,000 – 100,000 |
| Villa / townhouse · 3 bedrooms | 4,198 | AED 90,000 | 80,000 – 105,000 |
| Villa / townhouse · 4 bedrooms | 508 | AED 110,000 | 100,000 – 125,000 |
| Villa / townhouse · 5+ bedrooms | 225 | AED 150,000 | 134,813 – 207,500 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is DAMAC Hills (2) - Elo 2 & Elo 3?
DAMAC Hills (2) - Elo 2 & Elo 3 is in DAMAC Hills 2 (DLD area Madinat Hind 4), Dubai.
Further reading
- All DLD sales at DAMAC Hills (2) - Elo 2 & Elo 3 (new and resale)
- DAMAC Hills 2 property prices
- DAMAC Hills 2 rents
- All Front Line Investment Management L.L.C projects
Same budget elsewhere in Dubai (around AED 1,246,400)
- Binghatti Ruby, Jumeirah Village Circle — AED 1,243,749
- Condor Golf Links 18, Dubai Sports City — AED 1,248,217
- Havelock Heights, Jumeirah Village Circle — AED 1,227,500
- J188, Sama Al Jadaf — AED 1,249,688
- Velos Residence, Motor City — AED 1,219,388
- Binghatti Flare 01, Jumeirah Village Triangle — AED 1,249,999
Projects presented by Cevitas
Frequently asked questions
How much does a home at DAMAC Hills (2) - Elo 2 & Elo 3 cost?
Over the last 12 months, the 32 off-plan sales registered with the DLD show a median price of AED 1,246,400, or AED 1,286 per sq ft; 80% fall between AED 667,000 and AED 1,362,625. The developer's current prices are on its price list.
When will DAMAC Hills (2) - Elo 2 & Elo 3 be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0.1% complete, with a planned end date of June 30, 2027. The handover date is confirmed by the developer.
Who is the developer of DAMAC Hills (2) - Elo 2 & Elo 3?
The DLD register lists Front Line Investment Management L.L.C (developer no. 1021).
What unit types are sold at DAMAC Hills (2) - Elo 2 & Elo 3?
Off-plan sales over the last 12 months cover: apartment · 2 bedrooms (22), apartment · 1 bedroom (10). Best-selling type: apartment · 2 bedrooms, at a median AED 1,311,500 for 92 m².
Has the price per sq ft at DAMAC Hills (2) - Elo 2 & Elo 3 changed?
The median off-plan price moved from AED 1,235 per sq ft in Q3 2024 to AED 1,278 in Q3 2026, based on DLD-registered sales.
How do I get the DAMAC Hills (2) - Elo 2 & Elo 3 price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.