Reemah Elite Real Estate
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Projects·Dubai·DAMAC Hills 2 (Akoya by DAMAC)
ELO, apartments in DAMAC Hills 2 (Akoya by DAMAC), Dubai, by DAMAC Properties
Off-PlanApartments

ELO

DAMAC Hills 2 (Akoya by DAMAC) · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
5 photos of ELO. Renders and photography supplied by DAMAC Properties.
Price from
AED 1.31M
entry price
Bedrooms
1BR-2BR
Apartments
Handover
Q4 2026
Off-Plan
Est. gross yield
On ask

ELO sits in DAMAC Hills 2 (Akoya by DAMAC), Dubai, an apartment project from DAMAC Properties, built out as 1BR-2BR. Our September 2026 check found 79 live units priced AED 584,999 to AED 1,520,000. Among 18 priced projects in DAMAC Hills 2 (Akoya by DAMAC), its AED 1,306,000 start is the tenth lowest, against a AED 1,270,000 median. On the 80/20 split, AED 261,200 falls at booking and AED 52,240 goes to the Dubai Land Department as the 4 percent transfer fee, AED 313,440 to begin, registration charges on top. With 3 months to a Q4 2026 handover, AED 1,044,800 of the AED 1,306,000 is scheduled before the keys and AED 261,200 at or after. Of the 5 facilities on the list, the nearby shopping malls and the parking spaces are the ones that stand out.

Why it makes the list
  • Launch price from AED 1,306,000
  • 80/20 payment plan
  • Handover Q4 2026
  • 1BR-2BR homes
Payment structure
80/20
Modelled on entry price AED 1.31M
Booking / down payment20% · AED 261,200
During construction60% · AED 783,600
On handover20% · AED 261,200

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at ELO: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 261,200
DLD fee4%
AED 52,240
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 317,940
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
DAMAC Hills 2 (Akoya by DAMAC) · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for ELO are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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