Elo 3 2BR Apartment in Damac Hills 2 — High-Demand Rental Location

2-bedroom apartment, 768 sq ft, Elo 3, Damac Hills 2 — a focused investment unit with a 20/60/20 payment plan and a 2027 handover

At 768 sq ft (71 sq m), this 2-bedroom apartment in Elo 3 hits a practical sweet spot for investors looking at Dubai real estate on a structured payment plan: entry-level price point, two rentable bedrooms, and a master-planned community that consistently attracts long-term tenants. Damac Hills 2 is a self-contained green township — families and expats settle here for the environment, not just the price — which tends to translate into lower tenant turnover compared to central districts. Buying off-plan locks in today’s price ahead of the 2027 completion.

Unit highlights

— two separate bedrooms across a well-proportioned 71 sq m floor plan;
— clear separation between living and sleeping zones, enhancing rental appeal;
— part of a 14-floor twin-tower development with elevated units offering open views over the greenery;
— positioned within a low-rise, park-rich master plan — a setting that sustains rental demand.

Elo 3 amenities

— large pool with a poolside bar;
— climbing wall;
— fully equipped gymnasium;
— open-air cinema;
— children’s play area.

Architecture and concept

Elo 3 is the third phase of Damac’s Elo series within Damac Hills 2 — a master-planned township with cycling tracks, parks, and sports facilities managed entirely by the developer. The buildings follow a clean, contemporary aesthetic with a strong emphasis on communal spaces and resort-style amenities rather than architectural spectacle.

About the developer

Damac Properties is one of the largest private developers in the Middle East, with a long track record of delivered projects across Dubai. Owning the entire master plan of Damac Hills 2 gives the company direct influence over long-term district development — an advantage for investors holding assets there.

Payment plan

Interest-free 20/60/20 schedule:
— 20% — on booking;
— 60% — during construction;
— 20% — on handover.
Completion: 2027.

Location

— 25–30 minutes to Downtown Dubai and Dubai Mall;
— approximately 30 minutes to Dubai International Airport;
— 10–15 minutes to Al Qudra Road and nearby retail.

FAQ

Why does a 2-bedroom unit in Damac Hills 2 make sense as a rental investment?
— The township format attracts families and long-stay expats who tend to sign multi-year leases. Two-bedroom units here see steadier occupancy than studio-heavy central locations.

How does the 20/60/20 plan work in practice?
— 20% is paid at booking, 60% is spread across construction milestones, and the remaining 20% is due at handover in 2027. No interest, no bank financing required during the build phase.

Is buying off-plan in 2024 for a 2027 delivery a smart move?
— Purchasing now fixes the price before the project reaches completion. As Damac Hills 2 continues to develop and Elo 3 nears handover, the gap between off-plan and secondary market pricing typically narrows — or reverses.

Can the apartment be rented out immediately after handover?
— Yes. Damac Hills 2 has an established rental market. The unit can be listed for long-term or short-term tenancy as soon as the keys are received.

What floor options are available for this unit?
— Reach out and we’ll identify available floors, current pricing tiers, and the view profile that best matches your investment brief.

Enquire via the form on this page to receive current pricing, floor plans, and a tailored yield projection for this 2-bedroom apartment in Elo 3.