ELO by DAMAC PROPERTIES
ELO, a residential development within DAMAC Hills 2, features two 14-story towers crafted by DAMAC Properties. The property offers 1- and 2-bedroom apartments for purchase, each providing captivating views of the lush parklands surrounding the neighborhood.
As a resident of ELO, you’ll have access to an impressive range of amenities right at your doorstep. These include a swimming pool with a swim-up bar, a climbing wall, a fitness center, an outdoor cinema, and a children’s play area. Additionally, being adjacent to Water Town grants you easy access to a wave pool, lazy river, water slides, and more.
About Location
DAMAC Hills 2 in Dubai
ELO enjoys an advantageous location near Al Qudra Road and three other major highways, ensuring residents effortless access to the city’s attractions. This strategic positioning offers tranquil living while maintaining proximity to popular destinations like Dubai Marina, Business Bay, and Dubai International Airport, all reachable within a 35-minute drive.
Moreover, the development is complemented by various facilities within walking distance. Residents can fulfill their shopping needs at a nearby Carrefour and access healthcare at Saudi German Clinics DAMAC Hills 2. Blue Oasis Veterinary Clinic D2 Branch ensures pets receive quality care, while Jeeves Dry Cleaners and Laundry provides convenience. For families with young children, Shining Stars Nursery Dubai is conveniently located nearby.
In Q1 2024, the starting rental cost for a 1-bedroom apartment in DAMAC Hills 2 is AED 37K (USD 10K), boasting an impressive average gross yield of 8.1%. This underscores the strong investment appeal of ELO, offering the potential for stable income.
Additionally, investments of AED 750K (USD 204K) or more qualify for a 2-year visa, while properties valued at AED 2M (USD 545K) or higher grant a 10-year Golden visa.
Floor plans of ELO
1 - Bedroom Apartment
Total : 525 Sqft
2 - Bedroom Apartment
Total : 832 Sqft