Damac Hills (2) - Elo 2 & Elo 3

DAMAC · DAMAC Hills 2 · 1,145 homes · Under construction

A DAMAC project under construction in DAMAC Hills 2: 1,145 homes, 6% built, with completion promised for Q2 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,273 per sqft, 3% above the launch quarter.

Updated 27 Oct 2026
Due Q2 20276% built, as reported to the register
1,145 homes1 and 2 bedrooms
DAMAC Hills 2Dubai Land Department project 3122

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2024AED 1,235/sqft
Median paid, Q1 2026AED 1,282/sqft
Sales, Jul 2025 to Jun 202644
Median paidLatest quarterLaunch quarter AED 1,235
1,250Q3 24: AED 1,235/sqft, 357 salesQ4 24: AED 1,239/sqft, 586 salesQ1 25: AED 1,262/sqft, 83 salesQ2 25: AED 1,268/sqft, 17 salesQ3 25: AED 1,272/sqft, 15 salesQ4 25: AED 1,257/sqft, 10 salesQ1 26: AED 1,282/sqft, 14 salesQ3 24Q1 25Q3 25Q1 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20241,235357
Q4 20241,239586
Q1 20251,26283
Q2 20251,26817
Q3 20251,27215
Q4 20251,25710
Q1 20261,28214

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ2 20276% builtunder constructionPrice / sqftAED 1,235AED 1,273+3% on launch, off-plan median
Against the area. Median paid.
Damac Hills (2) - Elo 2 & Elo 31,273

9% over the DAMAC Hills 2 median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Damac Hills (2) - Elo 2 & Elo 3 be completed?

The register declares completion for Q2 2027, and the project is reported 6% built. DAMAC's completed Dubai projects typically finished 2 quarters late.

What do homes in Damac Hills (2) - Elo 2 & Elo 3 sell for?

From Jul 2025 to Jun 2026, 44 homes sold on the register at a median of AED 1,273 per sqft and AED 1.09M per home. By unit type: 1 BR AED 684K (16 sales), 2 BR AED 1.29M (28 sales). These are registered deeds, not the developer's price list.

Who built Damac Hills (2) - Elo 2 & Elo 3?

DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.

How many homes are in Damac Hills (2) - Elo 2 & Elo 3?

1,145, as counted on the Dubai Land Department register. The declared mix: 780 1 BR, 334 2 BR.

Bought in Damac Hills (2) - Elo 2 & Elo 3? Track it against these numbers.

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