Photos and renders of the building and grounds — not of this particular unit.
The Valley - Elora
4 BR · Townhouse
Where it is
Damac Hills 2
Formerly Akoya Oxygen: a very large, very affordable community a long way out, with amenity that surprises people.
- highest villa yields
- lowest entry price for a house
- remote workers
What to check: Drive the route to wherever you or your tenant would actually work, at the time you would drive it. The distance is the whole trade here, and it is the single fact that determines whether this community works for you.
Full district guide →Questions and answers about lot NP9-259766
How much is this 4-bedroom townhouse in The Valley - Elora?
Lot NP9-259766 is priced at AED 2 200 000, about $599 000. The listing does not state a size, so no price per square foot is given.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
What are prices like in Damac Hills 2?
The database holds 17 lots in Damac Hills 2, starting from AED 660 000. The area median is AED 1 009 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Damac Hills 2 area guide →Is the property ready or still under construction?
The handover date in the listing is Q2 2026, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 440 000; a loan of AED 1 760 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 000–10 300 a month. A non-resident puts down from 40% (AED 880 000) and pays about AED 6 800–7 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 88 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 200 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-259766 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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.
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