DAMAC ELO 2 Dubai: Sources, Prices and Dates Guide (2026)

DAMAC ELO 2 Dubai is a 14-floor off-plan apartment tower in the DAMAC Hills 2 community of Dubailand, where the developer’s page listed two-bedroom apartments of up to 1,037 sq ft and a project handover tile of Q2 2027 on 13 November 2026.

This guide to DAMAC ELO 2 Dubai reads the developer’s project page, a broker page that quotes Dubai Land Department records and a property portal, each as it stood on 13 November 2026. The handover appears in five forms, the payment plan in several, and the price on the developer’s card was still loading, so every figure is shown with its source and date and none is chosen over another.

It adds sums from the printed numbers, the minutes to malls, clinics, schools and airports that the developer prints, the Dubai rules for buying off plan with the official page for each, and a list of what a buyer can ask for in writing before reserving.

Overview of DAMAC ELO 2 Dubai

The developer’s project page for ELO 2 places the tower among the parklands of DAMAC Hills 2, near Water Town and overlooking the park. Its text speaks of 1-bedroom and 2-bedroom apartments and of a 14-floor tower. The amenities it names are a pool with a swim-up bar, a climbing wall, Malibu Beach, sports fields, a fishing lake and a lazy river. The wording is the developer’s, as read on 13 November 2026.

The available-units block of the same page shows one line: 2-bedroom apartments, up to 1,037 sq ft, park view, 2 bathrooms. No 1-bedroom unit appeared in that block on the day, although the introduction mentions one. The page also prints a tile labelled payment plan with the figure 1%, with no explanation of what the figure refers to.

Two other pages add records that the developer’s page does not carry: the broker A1 Properties quotes a project number and a construction percentage that it attributes to Dubai Land Department records, and Property Finder prints a delivery month, a payment plan and an ownership type. The tower therefore has more independent detail than many launches, and the sources also differ with one another. The table below puts the main facts in one place, and section 2 sets out the differences row by row.

What each source prints about status, handover, progress, price, plan and tenure

Four public places carry facts about the tower. The developer’s page and its embedded data are the primary source for the name, the community, the unit block and the amenity list. A1 Properties is a broker whose page covers ELO 2 and ELO 3 together and quotes records that it describes as derived from the Dubai Land Department registry; those records were not opened here. Property Finder is a portal with a project page for ELO 2 alone.

The Dubai Land Department pages are used for the rules in sections 7 and 8.

The developer brochure exists as a PDF on the developer’s content network, and its contents were not read for this guide. The table sets out each item that at least two sources print, followed by the items that none of them prints.

Items that none of the three pages prints for ELO 2 are the total number of apartments, the number of apartments on each floor, the finish and furnishing included in the price, the service-charge estimate, the escrow account name, the architect and the contractor. A broker page that lists a permit field shows the value 2, which is not a permit number.

These gaps are normal for a project page, and the list in section 9 turns each of them into a request that can be answered in the contract.

The launch dates differ in kind, not only in value. The developer’s page data records a launch date of 2 April 2024, and Property Finder says booking started on 1 September 2024. A launch to the trade and the start of bookings are different events, and the pages do not say which one they mean.

Units, sizes and prices as printed, with USD at the peg

The developer’s unit card for ELO 2 reads 2 bedroom apartments, up to 1,037 sq ft, with the price line From Loading, because the price is filled in by the page after it loads. The page’s embedded data holds a minimum and a maximum price for the project in a unit that looks like fils, one hundredth of a dirham. Divided by 100 they give AED 1,374,000 and AED 1,488,000, and the figures are used here only as inferred values.

No raw payload number is a price.

Property Finder prints a different set of prices on the same day: AED 577K as the launch price for a 1-bedroom, and 2-bedrooms from AED 1.3M. The two pages use different bases, a launch price on one side and current stock on the other, and no source states that the figures belong to the same unit or date. Property Finder’s own two-bedroom line, rounded to 1.3M, is the closest printed figure to the inferred developer minimum.

It is not stated to be the same price.

The dirham has been pegged at 3.6725 to the US dollar, so the conversion is arithmetic and not a market rate: each AED figure is divided by 3.6725 and rounded to the nearest dollar. The sale records are not like-for-like with the developer card. The two-bedroom sale of 23 July 2026 is for a 1,030 sq ft unit, and the developer card shows units up to 1,037 sq ft, so the two prices carry different areas.

No price per square foot is printed here because no source prints one.

The table of sizes below converts square feet to square metres at 0.092903, which is a fixed factor. The sizes come from the developer card and Property Finder.

The developer’s block and Property Finder’s range for two-bedroom apartments do not overlap exactly: 1,079 sq ft is above the developer’s 1,037, and 775 sq ft is below 983. Layout types are printed on Property Finder under names such as Type A1 or Type B2, and the developer’s page prints no type names. A buyer matching a unit to a price needs the unit number and the floor plan from the contract documents, which is the first line of the list in section 9.

Five handover labels, three calendar dates: reading the DAMAC ELO 2 Dubai timeline

The most unusual feature of this tower in the sources is the date. Five labels circulate: December 2026, Q2 2027, 30 June 2027, June 2027 and Q4 2028. Read as calendar dates they reduce to three. A quarter label ends on a fixed day, so Q2 2027 ends on 30 June 2027, which is also the contractual completion date that A1 quotes from its Dubai Land Department-derived record and the expected completion that Property Finder prints.

Q4 2028 ends on 31 December 2028, the date held in the developer’s page data.

The count of three dates does not decide which is the handover. It shows where the sources agree with one another: the intro tile, A1 and Property Finder point to the same day, and the developer’s unit card and page data point to another. The FAQ date stands alone. The page does not say which of its three statements is the current one.

Two progress figures carry two dates. Property Finder prints 1.46% with a latest update of 11 December 2025. A1 prints about 6.36% as of 15 April 2026 and attributes it to registry-derived records. They are different measurements from different sources and different days, and neither source says how the percentage is calculated.

The Dubai Land Department explains the official route on its FAQ page: a buyer can ask for the completion percentage through a letter from the project consultant approved by the department, and the department’s website and app have a project-tracking service.

That route matters because of how the payment schedule works. The FAQ says that schedules are based on completion rates, so a payment request from a developer can be checked against the stage reached. Whether the 20/50/30 plan on Property Finder, the 70/30 plan that A1 mentions, or the 1% tile on the developer’s page is the schedule for a particular apartment is a matter for the sale contract.

The table applies each printed split to the inferred minimum of AED 1,374,000 so that a buyer can see the sizes of the instalments each version would imply.

These sums are calculated from the percentages and are not an offer or a quote. They assume that every percentage applies to the whole price and that no fee, charge or post-handover instalment is added. The developer’s tile prints 1% and nothing else, and a figure of 1% is not one of the splits above.

A last point of reading concerns the two-bedroom apartments only. Because the developer’s available block shows 2-bedroom units alone, the 1-bedroom prices on Property Finder and A1 describe stock that the developer’s page did not list on the day. Whether those units are sold, resold, or held back is not stated by any of the three pages, and a buyer who wants a 1-bedroom apartment would ask for the current availability and the unit numbers in writing.

Location of DAMAC ELO 2 Dubai: DAMAC Hills 2, Dubailand and the minutes the developer prints

The developer gives the project’s address only as DAMAC Hills 2, Dubailand. No plot, street or sub-community is printed, and the map coordinate in the page data is the same for ELO 2, ELO 3 and Evergreens, which indicates a point for the community and not for the tower. Some brokers market the community under the name Akoya by DAMAC. The developer’s own description calls DAMAC Hills 2 an eco-friendly master community with villas, townhouses and apartments.

Dubailand is the wider area. Wikipedia’s article on Dubailand says the entertainment district was announced on 23 October 2003 with a planned area of 278 km², was placed on hold in 2008 and resumed in 2013, and lists Akoya Oxygen, a master community by DAMAC Properties, among the places in its Attractions and Experience zone alongside Global Village and IMG Worlds of Adventure.

The developer’s FAQ places the tower within minutes of Motor City, Sports City, Global Village and IMG Worlds of Adventure and counts more than 30 attractions and experiences in DAMAC Hills 2, among them sports amenities, water attractions and the Malibu Beach wave pool.

The table lists every place that the developer’s FAQ names with a time. The times are the developer’s, taken from the FAQ pages of ELO 2, Evergreens and Natura, and no traffic basis is stated. They are not distances. A buyer who plans a daily commute checks the route at the hours of use.

One distance can be calculated. The developer’s coordinate for the project is 24.991407 north, 55.384879 east. Wikipedia gives Al Maktoum International Airport at 24.8882778 north, 55.1603778 east. The straight-line distance between the two points, by the haversine formula, is about 25.4 km. That figure is a calculation between a community-level point and the airport, and the 30-minute drive that the developer prints is a separate statement about road travel.

Wikipedia describes the airport as opened on 27 June 2010 in Jebel Ali and as the main part of Dubai South.

The developer’s list leaves out public transport. No source in this guide gives a bus line or a metro station for DAMAC Hills 2, and none is claimed. The Dubai Roads and Transport Authority is the place to check route information for the district.

Amenities and the developer’s renders

The developer lists six amenities for the ELO series, and its text for ELO 2 repeats them: a pool with a swim-up bar, a climbing wall, Malibu Beach, sports fields, a fishing lake and a lazy river. The sports fields are described in the developer’s text as tennis, padel, volleyball and football. The developer’s page does not say how many amenities sit inside the tower’s own plot and how many belong to the wider community.

The image set holds ten developer renders: the two towers at night and by day, the towers with landscaped grounds, a tower seen from the front with a sports court, the aerial of the lake, the amenity images above, a two-bedroom living and kitchen area, and a balcony view over the parkland. All are renders, which are artists’ impressions and not photographs of the finished building.

The ELO 2 and ELO 3 galleries share most of their artwork under different file identifiers, so a render of a tower in the ELO 2 gallery may show a layout common to both.

Two questions follow for a contract. The first is which of the amenities are part of the project plot and which are shared community facilities, because the answer decides who maintains them. The second is how access and any fees are set for facilities that belong to the community.

The Dubai Land Department FAQ defines a usage charge as the annual charge, approved by the Real Estate Regulatory Agency, that is collected from owners to cover management, operation, maintenance and repair of the common facilities of the main project. Whether a charge of that kind applies to ELO 2 is not stated by the developer’s page.

Buying off plan in Dubai: freehold areas, Oqood registration, escrow and payments

Dubai’s rules for buying a unit before it is built are set out on official pages, and each row below names the page. The rules are stated here as those pages print them on 13 November 2026, and they apply to any off-plan purchase in Dubai, not only to ELO 2. The Dubai Land Department (DLD) site said it was last updated on 10 November 2026.

The page for project registration is written for developers, and it is useful to a buyer only as a statement of what exists. It confirms that an escrow account is part of the registration process and that a project approval certificate is issued. A buyer asks for the escrow account name and the project number so that the department’s tracking service can be searched. For ELO 2, A1 gives project number 3122 from its registry-derived records, and the developer’s page prints no project number.

Guides on this site give more background on the same rules. The off-plan buyer’s guide, the guide to whether foreigners can buy apartments in Dubai and the explainer on freehold and leasehold are written for general readers. Older guides can carry numbers that have since changed, so the official pages in the table are the reference for fees and registration steps.

Tenure is the item that most needs a written answer for this tower. The developer page does not print it, Property Finder prints freehold, and the DLD pages refer to freehold areas as the places where foreigners may buy. A seller, a developer and a buyer can each check the title type against the sale and purchase agreement, which is the document that governs what is bought.

Resale, fees on the printed price and the residence rule, with the numbers worked out

Property Finder shows 72 resale properties in ELO 2 on 13 November 2026 and two sale records for 2026, and A1 says that the project is actively traded off plan. A buyer can therefore meet the tower in two ways: from the developer, or from an earlier buyer who sells the contract. The registration steps differ in detail, so both are shown below.

The two 2% lines come from the Oqood page for off-plan sales and also appear on the DLD page for registering a completed-unit sale. The page does not say who bears each part in a particular deal, and the contract should state it. Property Finder’s 4% equals the sum of the two parts.

The last two rows come from the DLD page for sale registration, which also requires an electronic no-objection certificate from the developer in freehold areas, issued through the Dubai REST app. A resale of a completed unit follows that page. How a contract is resold before completion is not described by the sources used here, and it is a question for the developer in writing.

The fees above are a part of the cost of buying. The service charge, set per project, is another, and the DLD’s service charge index page offers a calculation by title deed or by project, usage and year. The developer prints no service-charge estimate for ELO 2, and the page of the index tool shows only a form, so no figure is given here.

Residence rules are checked with the authority and not assumed from the price. The DLD page for the residence permit through property says that an owner of a property whose purchase value is equal to or more than AED 2 million at the time of purchase can apply for a 10-year renewable residence permit.

The terms speak of a value of AED 2 million wholly owned by the applicant, in one or more properties, with a bank letter showing the amount paid if the property is mortgaged. The government portal’s table lists real-estate ownership under a minimum capital of AED 2 million and names a duration of 5 years for real estate. The two official pages print different durations, and each is quoted as printed.

The last row is a comparison of two numbers, not a statement on eligibility, which depends on the rules above and is decided by the authority. The ELO 2 page on the developer’s site carries no Golden Visa label in the text read on 13 November 2026, though the label appears on some other project cards of the same page. The Golden Visa guide on this site explains the route, and the guide to mortgages for foreigners covers financing.

For tax questions the property tax guide is the starting point, with the official pages as the reference.

What to ask for in writing before reserving

The developer’s page, the broker and the portal leave several items open for this tower, and each one is a normal request before a deposit is paid. The list follows from the gaps in the tables above, and the answers belong in the contract or in a signed schedule to it, because a web page can change without notice.

1. The sale and purchase agreement (SPA) with the unit number, floor, layout type, internal area and balcony area, and the exact price in dirhams.
2. The handover date written into the contract, the definition of handover, and the date to which it is linked, since the sources print December 2026, Q2 2027, 30 June 2027 and Q4 2028.
3. The payment schedule, with each instalment, its percentage, its date or its construction stage, and what the 1% on the developer’s tile refers to.
4. The name of the escrow account and the bank, the Dubai Land Department project number, and the registration certificate for the project.
5. The latest completion percentage from the consultant’s letter or the department’s tracking service, and its date.
6. How and when the sale is registered in Oqood, and the date by which the provisional registration certificate is issued to the buyer.
7. The title type of the unit and of the land: freehold, usufruct or leasehold, and the document that proves it.
8. The service-charge estimate per square foot or per unit for the first year, who sets it, and from which date it is billed.
9. Which amenities lie inside the plot, which belong to the community, and whether a usage charge applies to the community facilities.
10. What the finish includes: floor coverings, kitchen, appliances, wardrobes and air conditioning, and whether the unit is delivered unfurnished.
11. The fee schedule: who pays the 2% and 2% registration parts, the knowledge and innovation fees, any administration fee and the title deed issuance fee.
12. The person who signs for the developer, the licence details of the company that signs, and the broker’s registration if a broker is involved.
13. The refund terms of the booking amount, and the written meaning of the unlabelled token amount field that appears in the developer page data.
14. Whether a named bank offers a mortgage on this building, and the conditions it sets for a non-resident buyer.

A local lawyer can read the SPA and the registry documents on the buyer’s behalf. The refund terms of the reservation form are read before it is signed. Where a broker is used, the broker’s licence number and the project’s advertising permit can be checked on the department’s tools.

DAMAC Properties, the developer

DAMAC Properties is a Dubai developer. Its press release of 20 November 2024, carried by PR Newswire, says the company has launched more than 75 towers since its founding in 2002, and that it had delivered more than 47,000 homes with over 40,000 more in planning and development. Wikipedia reports the property arm as established in 2002 and notes that some sources date the DAMAC group to 1982; both are reported and neither is chosen here. Wikipedia gives the headquarters as Dubai.

A later DAMAC press release of 4 September 2026 says the company has handed over more than 50,000 homes, has 55,000 or more units and over 100 million sq ft in planning and development, and targets more than 8,800 units for delivery in 2026 across DAMAC Lagoons, DAMAC Hills, DAMAC Hills 2, Chic Tower and Elegance Tower.

It adds that more than 1,500 villas in DAMAC Hills 2 are to be handed over in 2026. Khaleej Times reported the same figures on 1 September 2026. These are the company’s own figures.

The same releases name DAMAC Hills, DAMAC Hills 2 and DAMAC Lagoons as communities, and the November 2024 release describes DAMAC Islands as its sixth master community. In the 2024 release the company names Hussain Sajwani as its founder and chairman. The Dubai developers directory on this site holds the profile of DAMAC Properties with the sources behind it, and the Wikipedia article is the reference for the company history.

How DAMAC ELO 2 Dubai sits among the other DAMAC projects and nearby Dubai listings

Four DAMAC projects of the DAMAC Hills 2 community and two of DAMAC Hills are described on this site with the same method. The table shows only what the developer’s page prints about community and unit type. Handover, stock and prices differ by project and are covered in each project’s own guide.

ELO 2 and ELO 3 are separate DAMAC projects with separate launch dates in the developer’s data, 2 April 2024 for ELO 2 and 27 June 2024 for ELO 3, and they share most of their render artwork. The ELO series also includes an earlier ELO tower that is not covered by this guide.

Other listings on this site lie in the same part of Dubai or are named by the developer as nearby areas. The table gives the area as each listing’s own title states it. No distance between them is claimed.

The Dubai market guide, the UAE country page and the Dubai city page give the wider context. Nothing in these tables ranks one project over another.

Frequently asked questions

What is DAMAC ELO 2 Dubai?

It is an off-plan apartment tower of 14 floors in DAMAC Hills 2, Dubailand, by DAMAC Properties. The developer’s page lists 1 and 2 bedroom apartments in its text and a 2 bedroom block of up to 1,037 sq ft in its available units. Its amenities are a pool with swim-up bar, a climbing wall, Malibu Beach, sports fields, a fishing lake and a lazy river.

When is the handover of DAMAC ELO 2 Dubai?

The sources print five labels. The developer’s tile says Q2 2027, its FAQ says December 2026 and its unit card says Q4 2028. A1 Properties quotes 30 June 2027 from a Dubai Land Department-derived record, and Property Finder prints June 2027. No label is chosen here; the date that counts is the one written in the sale contract.

What does DAMAC ELO 2 Dubai cost?

The developer’s card showed From Loading on 13 November 2026. The data in the page implies AED 1,374,000 to AED 1,488,000 for 2 bedroom units, about USD 374,132 to 405,174 at the peg of 3.6725. Property Finder prints a launch price of AED 577K for a 1 bedroom and two bedrooms from AED 1.3M. Each is shown with its basis in section 3.

What payment plan applies?

The developer’s tile prints 1% without an explanation. Property Finder prints 20% at sales launch, 50% during construction and 30% on handover, and A1 mentions 70/30 and other schedules, with 80/20 and 10/70/20 in other blocks of its page. The plan that applies to a unit is the one in its sale and purchase agreement.

Is the tower freehold?

The developer’s page prints no tenure. Property Finder prints freehold. The Dubai Land Department and the UAE portal say that foreign ownership in Dubai is permitted in areas designated as freehold. A buyer can ask for the title type of the unit in writing, and for the document that shows it.

How is the buyer’s money protected before handover?

The Dubai Land Department says that amounts collected from buyers of off-plan units are deposited in the project escrow account under Law No. 8 of 2007 and that payments from it follow construction stages. The account name and the project number are asked for in writing.

What is the DLD fee when buying off plan?

The Dubai Land Department’s page for registering an off-plan sale lists 2% of the sale value for the purchaser and 2% for the seller, with AED 10 knowledge and AED 10 innovation fees. On AED 1,374,000 each 2% is AED 27,480. Who pays which part is stated in the contract.

Does a unit in this tower qualify for a Golden Visa?

The Dubai Land Department’s page speaks of a purchase value of AED 2 million or more, in one or more properties, with a bank letter for mortgaged units. The inferred ELO 2 unit prices are below AED 2,000,000 each. Eligibility is not claimed here and is checked with the authority, using the official pages in section 8.

Can DAMAC ELO 2 Dubai be bought on the resale market?

Property Finder lists 72 resale properties in the project and two sale records in 2026, and A1 says the project is traded off plan. A resale of a completed unit follows the Dubai Land Department sale-registration page. How a contract is resold before completion is not described by the sources used here, and the buyer asks the developer in writing.

Where is DAMAC ELO 2 Dubai and what is nearby?

It lies in DAMAC Hills 2, Dubailand, with no plot printed. The developer’s FAQ gives 15 minutes to Dubai Outlet Mall, 10 minutes to Jebel Ali School DAMAC Hills and a 30-minute drive from DAMAC Hills to Al Maktoum International Airport. A community mall with a Carrefour supermarket and a clinic lies in DAMAC Hills 2 itself.

Sources and last check

Last checked: 13 November 2026. Sources:

• DAMAC Properties: ELO 2 project page, read 13 November 2026
• A1 Properties: ELO 2 and ELO 3, read 13 November 2026
• Property Finder: ELO 2 new project page, read 13 November 2026
• Dubai Land Department: request to register the initial sale
• Dubai Land Department: register a real estate project and escrow account
• Dubai Land Department: frequently asked questions, escrow and project tracking
• Dubai Land Department: property sale registration
• Dubai Land Department: residence permit for property owners of AED 2 million or more
• Dubai Land Department: service charge index
• Dubai Land Department: property status overview
• UAE Government portal: expatriates buying a property in the UAE
• UAE Government portal: Golden visa, updated 28 July 2026
• UAE Government portal: taxation
• Wikipedia: Dubailand
• Wikipedia: Al Maktoum International Airport
• Wikipedia: DAMAC Properties
• PR Newswire: DAMAC Properties unveils DAMAC Islands, 20 November 2024
• PR Newswire: DAMAC handover of 50,000 homes, 4 September 2026
• Khaleej Times: DAMAC crosses 50,000 home handovers, 1 September 2026

Square-metre values, USD amounts at the peg of 3.6725, instalment splits, fee sums and the straight-line distance are calculated from the figures named in the text and are not published prices. Prices inferred from the developer’s page data are marked as inferred. This is not legal, tax or financial advice.