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Verified

Off-Plan

Resale

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1 / 8

AED

717,000

Est. Payment AED 0/mo

bed_space

1 bed

bath

1 bath

size

555 sqft

location_outlined

ELO 2, DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE


🚨 5% Below OP 🚨 Distressed Deal | Best Pool and Park View | High Floor

Type
Apartment
Purpose
Sale
Furnishing
Unfurnished
Updated
28th April 2026
Completion Status
Off-Plan
Payment Plan
80/20
info
Handover
Q2 2027
Developer
DAMAC Properties
Project Name
ELO 2
This is a rare opportunity to secure the best unit in Elo 2 by DAMAC at a price well below original price and way below market value. Located on a high floor, this one-bedroom apartment offers stunning views over the pool, the huge park, and the lagoon. With completion set for June 2027, this is the perfect investment for those looking to maximize returns.

Please note: Yes, you will find "cheaper" units online, but they are priced ABOVE original price (=you will still pay a premium) and have a bad view and are low floor! That's why they seem cheaper. Our unit is 5% BELOW original launch price (high floor with pool, park and lagoon view!), you will NOT find it cheaper anywhere, even if you would've bought right at launch!

Why This Deal Stands Out:
• Original Price at Launch: 755,000 AED
• Now Selling at 5% Below OP: 717,000 AED
 Instant profit for investors – priced significantly below market value

Payment Breakdown (To Be Paid Now):
 Including February installment: 173,690 AED
• 4% DLD Fee: 28,680 AED
• 2.1% Agency Fee (incl. VAT): 15,057 AED
• Trustee & Title Deed Fees: 5,290 AED

Flexible Payment Plan
• 1% per month payment plan
• 7,550 AED per month to the developer until the property is paid off

This is a distress deal, and opportunities like this don’t last long. If you’re looking for a below-market investment with a flexible payment plan and strong future potential, let’s talk. Reach out today to secure this unit.
Posted on: 19th January 2026

Amenities

concierge_service
Concierge Service
central_ac_and_heating
Central A/C & Heating

+28 More

private_garden
Private Garden
private_gym
Private Gym
private_jacuzzi
Private Jacuzzi
swimming_pool
Shared Pool
shared_spa
Shared Spa
security_
Security
covered_parking
Covered Parking
pets_allowed
Pets Allowed
double_glazed_windows
Double Glazed Windows
day_care_center
Day Care Center
electricity_backup
Electricity Backup
first_aid_medical_center
First Aid Medical Center
service_elevators
Service Elevators
prayer_room
Prayer Room
Laundry Room
Laundry Room
broadband_internet
Broadband Internet
business_center
Business Center
intercom_
Intercom
kids_play_area
Kids Play Area
maintenance_staff
Maintenance Staff
cctv_security
CCTV Security
cafeteria_
Cafeteria or Canteen
facilities_for_disabled
Facilities for Disabled
storage_areas
Storage Areas
barbecue_area
Barbeque Area
lobby_in_building
Lobby in Building
waste_disposal
Waste Disposal

Validated Information

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Developer
FRONT LINE INVESTMENT MANAGEMENT L.L.C
Ownership
Freehold
Balcony Size
142 sqft
Parking Availability
Yes
Usage
Residential


Building Information

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Building Name
DAMAC HILLS (2) - ELO 2
Floors
17
Swimming Pools
1
Parking Spaces
1742
Building Area
872,051 sqft
Elevators
9

Project Information

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Project Name
DAMAC HILLS (2) - ELO 2 & ELO 3
Developer
FRONT LINE INVESTMENT MANAGEMENT L.L.C
Project Status
Active
Completion
1%
Last Inspected
December, 2025
Handover
June, 2027

Source: Dubai Land Department (DLD)


Mortgage Calculator

UAE Residency Status

AED

AED


%

Years

%

Monthly Payment

AED 0

Principal

AED 573,600

Interest

AED 0

Total Loan Amount

AED 0

0%100%

Interest

Principal


Map View

ELO 2, DAMAC Hills 2 (Akoya by DAMAC), Dubai, UAE




More Info

Permit Number
info
71633156320
Zone Name
info
Madinat Hind 4
Registered Agency
info
VON GEYERN REAL ESTATE L.L.C
RERA
info
45838
Reference ID
Elo-2-Distressed-Deal
BRN (DLD)
info
75066

Permit

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To know more about the rules and regulations visit the Land Department Website.

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