Damac Hills 2: what the number in the name means
A second site under the same brand, considerably further out and considerably cheaper. The discount is real, and it is a discount for specific things.
Elo
Damac Hills 2 · Damac Properties
Project factsheet
Storeys 15
Developer Damac Properties
Status Under development
District Damac Hills 2
Layouts 2 bedrooms
Handover Q4 2026
Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.
About the building
15-storey residential building in Damac Hills 2. Developer — Damac Properties. Architect — Eng. Adnan Saffarini.
What the building has
- Swimming pool
Specifications for Elo 1 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Elo is a 15-storey residential building in Damac Hills 2, currently under construction.
The developer is Damac Properties. The architecture is by Eng. Adnan Saffarini.
Layouts, according to the developer's brochure — 2 bedrooms.
The database currently holds 3 lots in this project, from 720,000 AED.
What the complex has
Swimming pool
Where it is
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Elo
Who is the developer of Elo?
Damac Properties. The architecture is by Eng. Adnan Saffarini.
How many floors does Elo have?
15.
When is Elo handed over?
The developer's brochure says Q4 2026. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in Elo?
2-bedroom, according to the developer's brochure. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Elo?
Damac Hills 2. Formerly Akoya Oxygen: a very large, very affordable community a long way out, with amenity that surprises people.
How much does an apartment in Elo cost?
The database currently holds 3 lots in this project, from 720,000 AED. Prices move every day, so it is worth asking for the current list for this building.
In the news
What has been written about Damac Hills 2, the developer and off-plan
How a Dubai launch price list is built, and how to read one
A launch sells out in an afternoon, which is exactly the problem: the buyer has the least time to think at the moment the most is being decided. What the price list is actually telling you, and which columns matter.
Danube Properties: the 1% payment plan, read carefully
The developer that made the monthly instalment its main product. How the 1% plan actually works, what it does not include, and what to verify before committing to sixty payments.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
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