Damac Properties is launching a 14-story multi-building residential development, ELO at the heart of Damac Hills 2, which offers one and two-bedroom apartments, offering a unique fusion of contemporary living and peaceful surroundings. Tucked away in the heart of Dubai's lively neighbourhood. These modern living areas provide inhabitants comfort and elegance with their large floor plans and high-quality finishes.
With a starting price of AED 547,000, this residential property is an attractive choice for first-time buyers as it is among the most reasonably priced of its kind on the market. With features including an outdoor movie theatre, pool bar, BBQ area and swimming pool, it offers plenty of chances for people to unwind and have fun.
Situated within the expansive 42 million square foot Damac Hills 2 development, this property offers an exceptionally remarkable living space. There are over 5.1 million square feet of private parks where individuals can enjoy the verdant surroundings. The community has a lazy river, a wave surfing simulator, Malibu Beach, and multi-sports facilities for a range of recreational activities. One can take care of all daily necessities in the comfort of their own neighbourhood with the help of a supermarket and other convenient conveniences.
Those looking for modern living in Damac Hills 2 have an alluring opportunity to invest in Damac Elo Apartments. These elegant and comfortable flats come with one or two bedrooms, and their starting price of AED 547,000. Damac Elo Apartments are a viable investment option in Dubai's real estate market since they offer inhabitants a balanced lifestyle and encourage returns on investment. inhabitants can enjoy a variety of amenities, as well as access to private parks and recreational facilities.
The development will finish in December 2026, and it has an 80/20 payment plan. 20% of the total amount is due at the time of booking, with the remaining 60% paid in 29 payments during construction and the last 20% due at handover when the project is completed 100%.
The ROI for several types of Properties in Damac Hills 2 (Akoya Oxygen) shows encouraging numbers. While one-bedroom flats produce a decent 7.04% return on investment, studios offer a favourable 8.32% return. The ROI of 8.74% on 2-bedroom flats is appealing for those looking for larger units. Reputable returns of 6.22% and 5.48% are offered by residences with three and four bedrooms, respectively.