Verified
Off-Plan
Resale
1 / 8
AED
717,000
Est. Payment AED 0/mo
1 bed
1 bath
555 sqft
ELO 2, DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE
🚨 5% Below OP 🚨 Distressed Deal | Best Pool and Park View | High Floor
Type
Apartment
Purpose
Sale
Furnishing
Unfurnished
Updated
5th July 2026
Completion Status
Off-Plan
Payment Plan
80/20
Handover
Q2 2027
Developer
DAMAC Properties
Project Name
ELO 2
This is a rare opportunity to secure the best unit in Elo 2 by DAMAC at a price well below original price and way below market value. Located on a high floor, this one-bedroom apartment offers stunning views over the pool, the huge park, and the lagoon. With completion set for June 2027, this is the perfect investment for those looking to maximize returns.
Please note: Yes, you will find "cheaper" units online, but they are priced ABOVE original price (=you will still pay a premium) and have a bad view and are low floor! That's why they seem cheaper. Our unit is 5% BELOW original launch price (high floor with pool, park and lagoon view!), you will NOT find it cheaper anywhere, even if you would've bought right at launch!
Why This Deal Stands Out:
• Original Price at Launch: 755,000 AED
• Now Selling at 5% Below OP: 717,000 AED
• Instant profit for investors – priced significantly below market value
Payment Breakdown (To Be Paid Now):
• Including February installment: 173,690 AED
• 4% DLD Fee: 28,680 AED
• 2.1% Agency Fee (incl. VAT): 15,057 AED
• Trustee & Title Deed Fees: 5,290 AED
Flexible Payment Plan
• 1% per month payment plan
• 7,550 AED per month to the developer until the property is paid off
This is a distress deal, and opportunities like this don’t last long. If you’re looking for a below-market investment with a flexible payment plan and strong future potential, let’s talk. Reach out today to secure this unit.
Please note: Yes, you will find "cheaper" units online, but they are priced ABOVE original price (=you will still pay a premium) and have a bad view and are low floor! That's why they seem cheaper. Our unit is 5% BELOW original launch price (high floor with pool, park and lagoon view!), you will NOT find it cheaper anywhere, even if you would've bought right at launch!
Why This Deal Stands Out:
• Original Price at Launch: 755,000 AED
• Now Selling at 5% Below OP: 717,000 AED
• Instant profit for investors – priced significantly below market value
Payment Breakdown (To Be Paid Now):
• Including February installment: 173,690 AED
• 4% DLD Fee: 28,680 AED
• 2.1% Agency Fee (incl. VAT): 15,057 AED
• Trustee & Title Deed Fees: 5,290 AED
Flexible Payment Plan
• 1% per month payment plan
• 7,550 AED per month to the developer until the property is paid off
This is a distress deal, and opportunities like this don’t last long. If you’re looking for a below-market investment with a flexible payment plan and strong future potential, let’s talk. Reach out today to secure this unit.
Posted on: 19th January 2026
Validated Information
Developer
FRONT LINE INVESTMENT MANAGEMENT L.L.C
Ownership
Freehold
Balcony Size
142 sqft
Parking Availability
Yes
Usage
Residential
Mortgage Calculator
UAE Residency Status
AED
AED
%
Years
%
Monthly Payment
AED 0
Principal
AED 573,600
Interest
AED 0
Total Loan Amount
AED 0
0%100%
Interest
Principal
Building Information
Building Name
DAMAC HILLS (2) - ELO 2
Floors
17
Swimming Pools
1
Parking Spaces
1742
Building Area
872,051 sqft
Elevators
9
Amenities
Concierge Service
Central A/C & Heating
+28 More
Private Garden
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Security
Covered Parking
Pets Allowed
Double Glazed Windows
Day Care Center
Electricity Backup
First Aid Medical Center
Service Elevators
Prayer Room
Laundry Room
Broadband Internet
Business Center
Intercom
Kids Play Area
Maintenance Staff
CCTV Security
Cafeteria or Canteen
Facilities for Disabled
Storage Areas
Barbeque Area
Lobby in Building
Waste Disposal
Project Information
Project Name
Damac Hills (2) - Elo 2 & Elo 3
Developer
FRONT LINE INVESTMENT MANAGEMENT L.L.C
Project Status
Active
Completion
6%
Last Inspected
April, 2026
Handover
June, 2027
Source: Dubai Land Department (DLD)
Map View
ELO 2, DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE
More Info
Permit Number
71633156320
Zone Name
Madinat Hind 4
Registered Agency
VON GEYERN REAL ESTATE L.L.C
RERA
45838
Reference ID
Elo-2-Distressed-Deal
BRN (DLD)
75066
Permit
To know more about the rules and regulations visit the Land Department Website.
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