Building Amenities
9 on-site · 0 min walk
- Swimming poolIn building
- Landscaped gardensIn building
- On-site retailIn building
- Covered parkingIn building
- MarinaIn building
Elo 3
by DAMAC
Starting price
AED 580,000
Handover
Jun 2027
On Track
Payment plan
20/50/30
Bedrooms
1BR · 2BR
Type
Apartment
Gallery
Advisory Angle
Who this project actually suits.
Verdict · Consider
Expected yield6-8% net
Elo 3 is a first-rung investor play for DAMAC, with an entry point of around AED 580,000 within the established DAMAC Hills 2 community. It offers net yields of between 6 and 8 percent, which are high for the area. The Dubai Land Department has registered completion for the second quarter of 2027, a relatively near-term handover for the price. The main trade-off is that DAMAC Hills 2 sits some way from central Dubai.
Al Ranim Properties · RERA ORN 31846 · Last updated June 2026
About Elo 3
Elo 3 by DAMAC is an entry-tier apartment development within DAMAC Hills 2, the Akoya master community on Dubai's south-western edge. Starting at around AED 580,000, Elo 3 is one of the more accessible DAMAC apartment developments on the market, and one of the better-value Damac Hills 2 apartments for first-time investors. DAMAC Hills 2 has developed into a self-contained community with schools, shopping, sports and water-based leisure attractions nearby. Situated next to Dubailand and close to Sheikh Mohammed Bin Zayed Road, residents have relatively easy access to Dubai Marina, Downtown and Sports City. While DAMAC Hills 2 is a little farther from the city centre, it offers residents a complete community right on their doorstep. Elo 3 offers two-bedroom apartments with pools, a gym, landscaped gardens, retail and covered parking. Rental yields in DAMAC Hills 2 run between 6 and 8 percent per year, among the higher rates in Dubai. Construction is under way, with the Dubai Land Department registering the completion date as the second quarter of 2027. Buyers can also compare the golf-frontage option at Damac Hills - Golf Greens.
Amenities
- Swimming pool
- Landscaped gardens
- On-site retail
- Covered parking
- Marina
- Retail strip
- Fully equipped gym
- Concierge service
- 24-hour security
Where The Pin Sits
The exact location, and what surrounds it.
Elo 3's plot inside its community shapes everything from morning commute to weekend lifestyle. Here's the surrounding map, and the time-cost to the city's anchor points.
DAMAC Hills 2 (Akoya by DAMAC), DAMAC Hills 2, Dubai, Dubai
Parks
3 nearby
- Town Square Park~16 min drive
- Villanova Park 3~16 min drive
- Villanova Community Park~16 min drive
Street-level check
Drop into Street View and walk the entrance. The five minutes spent there will tell you more than any brochure photo.
Street ViewThe minute counts are from the project plot, not the community boundary. Driving estimates assume normal Dubai traffic (not 7am rush or empty Friday morning).
Trusted Developer
Delivered by DAMAC, one of Dubai's recognised developers
Near-Term Handover
Expected Jun 2027
Accessible Entry Point
From AED 580K · entry-friendly investment tier
Luxury Living
Premium amenities and concierge-level service
The practical questions
Plain answers to the questions buyers actually ask.
Entry apartments open around AED 580,000, with larger layouts higher, on DAMAC's 20/50/30 plan. Prices rise through construction, so the earliest buyers get the best entry; the official list is confirmed by DAMAC.
Elo 3 is under construction in DAMAC Hills 2, with completion registered with the Dubai Land Department for the second quarter of 2027 - an active DLD-registered project.
Elo 3 offers two-bedroom apartments on the 20/50/30 plan, with any post-handover terms confirmed per unit.
A value-and-yield entry play: the low ticket, a built-out DAMAC Hills 2 community and 6 to 8 percent net yields suit first-time investors, with the distance from the centre the main consideration.
Keep exploring: more projects by DAMAC, or all properties in DAMAC Hills 2 (Akoya by DAMAC).
