Developer Deal
Altitude de GRISOGONO (Canal Crown 2)
DAMAC PropertiesAzizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE
DLD Waiver
From
AED 1,180,000
Handover
Q4 2029
Payment Plan
70/30
Down Payment
10%
Back to Developer Deals
DLD Waiver
—
Discount
—
Handover
Q3 2029
Post Handover
—
Payment Plan
70%
30%
20% down
About Elo
Welcome to ELO at Damac Hills 2, a project that epitomizes modern living intertwined with natural tranquility. Developed by Damac Properties, ELO offers 1 & 2-bedroom apartments within Dubai’s vibrant community. Situated across two towers, each spanning 14 levels, these residences boast meticulously crafted interiors and spacious layouts, blending elegance with comfort seamlessly.Strategically…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
20/50/30 Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in ELO
Median sale price/sqft
AED 1,193/sqft
Median sale price
AED 687,000
Median price/sqft over time
Jul 24Range AED 1,180 – AED 1,271Dec 24
Transaction activity
LiquidityStrong
530 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-30 | ELO | 1 | 614 sqft | AED 700,000 | 1,141 |
| 2024-12-30 | ELO | 1 | 614 sqft | AED 700,000 | 1,141 |
| 2024-12-30 | Elo | 1 | 613 sqft | AED 700,000 | 1,142 |
| 2024-12-23 | ELO | 1 | 526 sqft | AED 646,000 | 1,227 |
| 2024-12-23 | ELO | 2 | 775 sqft | AED 993,000 | 1,281 |
| 2024-12-23 | ELO | 2 | 775 sqft | AED 993,000 | 1,281 |
Completed transactions in DAMAC Hills 2 (Akoya by DAMAC)
Median sale price/sqft
AED 1,159/sqft+37.3%
Median sale price
AED 1,615,000
Gross rental yield
4.8%
Median annual rent
AED 78,000
Median price/sqft over time
Dec 23Range AED 918 – AED 1,217Dec 24
Community activity
LiquidityStrongPrice momentumRising
5,193 sales and 5,469 rentals in the last 12 months
Off-plan vs ready
Ready 61.1%Off-plan 38.9%
Primary vs resale
Resale 61.1%Primary 38.9%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,942,000 | 828 |
| 2024-12-13 | Violet 3 | 4 | 2,407 sqft | AED 2,380,000 | 989 |
| 2024-12-13 | Violet 3 | 4 | 2,407 sqft | AED 2,276,000 | 946 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,903,160 | 811 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,942,000 | 828 |
| 2024-12-13 | Violet 3 | 4 | 2,345 sqft | AED 1,913,000 | 816 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Elo
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Elo
- What is the handover date for Elo?
- Elo is scheduled for handover in Q3 2029.
- What is the starting price of Elo?
- Prices start from AED 547,000. Contact our team for current availability.
- Who is the developer of Elo?
- Elo is being developed by DAMAC Properties.
- Where is Elo located?
- Elo is located in .