Damac Hills (2) - Elo, Madinat Hind 4

    Sold Prices · DLD Data

    Damac Hills (2) - Elo

    Madinat Hind 4, Dubai · Damac Hills 2

    AED 1,227

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    12

    DLD Sales Recorded

    5.9%

    Est. Gross Yield

    View listings Explore Damac Hills 2

    Market snapshot

    Damac Hills (2) - Elo — the numbers

    Damac Hills (2) - Elo is a residential building in Madinat Hind 4, Dubai with approximately 557 units. Dubai Land Department records show 12 sales in the building, at an average price of AED 1.1M — around AED 1,227 per square foot.

    Since February 2026, 11 sales completed in Damac Hills (2) - Elo, with the average price per square foot moving from AED 1,332 to AED 851 (-36.1%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Madinat Hind 4, a typical unit in Damac Hills (2) - Elo returns an estimated 5.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Hind 4.

    Figures are from Dubai Land Department transaction records for Damac Hills (2) - Elo; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Hind 4 residential rents, before service charges.

    Price trend

    Price trend in Damac Hills (2) - Elo

    Average sale price per sqft by month since February 2026 (single-sale months excluded)-36.1%

    9111,0921,272Feb 26: AED 1,332/sqft · 2 salesFeb 26Apr 26: AED 1,282/sqft · 4 salesApr 26Jun 26: AED 1,300/sqft · 3 salesJun 26Jul 26: AED 851/sqft · 2 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 517K

    AED 934/sqft

    2 sales · last 12 months

    2 Bed

    AED 1.2M

    AED 1,286/sqft

    10 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    03 Aug 2026Sales2775AED 1.0MAED 1,331
    23 Jul 2026Sales2832AED 949KAED 1,140
    09 Jul 2026Sales1553AED 312KAED 563
    25 Jun 2026Sales2981AED 1.3MAED 1,326
    08 Jun 2026Sales2832AED 949KAED 1,140
    08 Jun 2026Sales21,033AED 1.5MAED 1,433
    29 Apr 2026Sales21,029AED 1.4MAED 1,365
    07 Apr 2026Sales2832AED 937KAED 1,126
    02 Apr 2026Sales21,044AED 1.4MAED 1,318
    02 Apr 2026Sales21,044AED 1.4MAED 1,318
    23 Feb 2026Sales2999AED 1.4MAED 1,359
    12 Feb 2026Sales1554AED 723KAED 1,305

    About the area

    Damac Hills (2) - Elo is in Damac Hills 2

    Damac Hills 2 is a vibrant community in Dubai, meticulously master-planned by Damac Properties and other reputable developers. This development is characterized by its diverse offerings, catering to families, young professionals, and investors alike.

    Explore the Damac Hills 2 area guide

    Nearby

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    FAQ

    Damac Hills (2) - Elo: frequently asked questions

    What is the average price in Damac Hills (2) - Elo?

    The average recorded sale price in Damac Hills (2) - Elo, Madinat Hind 4 is AED 1.1M, around AED 1,227 per square foot, based on Dubai Land Department transaction data.

    Are prices in Damac Hills (2) - Elo going up or down?

    Average sale prices in Damac Hills (2) - Elo have eased -36.1% per square foot since February 2026, across 11 DLD-recorded sales.

    What rental yield can I expect in Damac Hills (2) - Elo?

    Based on average Madinat Hind 4 residential rents against sale prices in the building, a typical unit in Damac Hills (2) - Elo yields roughly 5.9% gross per year, before service charges and fees.

    How many properties have sold in Damac Hills (2) - Elo?

    12 sales have been recorded in Damac Hills (2) - Elo according to DLD data, across approximately 557 units.

    Considering Damac Hills (2) - Elo?

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