Distress Deal | AED 699,999 | 1BR Apartment in ELO 1 at Damac Hills 2 by DAMAC Properties | Below Market Price

Distress Deal in Damac Hills 2 | ELO 1

A genuine resale opportunity is available in ELO 1 by Damac Properties, a modern residential tower within the rapidly growing Damac Hills 2 community in Dubai. This 1-bedroom apartment offers a spacious 554 sq ft layout, designed with contemporary interiors and a private balcony overlooking landscaped park areas. The property is offered at AED 699,999, positioned below current market value for similar apartments in the community, making it an appealing option for both investors and first-time buyers. With handover expected in December 2026, this unit provides an opportunity to secure a modern apartment in an emerging lifestyle community before project completion.

Property Details

Attribute	Details
Property Type	1-Bedroom Apartment
Selling Price	AED 699,999 (Below Market Value)
Unit Size	554 sq ft
View	Park / Green Landscape
Parking	1 Covered Space
Project	ELO 1
Developer	Damac Properties
Status	Under Construction
Handover	December 2026
Location	Damac Hills 2

Distress Apartment for Sale in ELO 1, Damac Hills 2

Affordable investment opportunities in Dubai’s expanding communities are becoming increasingly rare, especially within well-planned residential developments. ELO 1 introduces modern apartment living with sculptural architecture, private balconies, and access to the surrounding parkland. The building is part of the larger Damac Hills 2 master community, which focuses on outdoor lifestyle experiences and eco-conscious urban planning. Apartments with park views and balcony access are particularly attractive for tenants seeking a quieter residential environment compared with central high-density districts. Buying a property priced below market value in a growing community provides a strategic entry point for investors who want long-term appreciation potential.

Why ELO 1 Is One of the Best Addresses in Damac Hills 2

ELO 1 is a 15-storey residential tower designed to complement the natural landscape of Damac Hills 2. The project features modern design elements, spacious balconies, and residential amenities intended to enhance everyday living. Residents will benefit from access to landscaped parks, cycling tracks, jogging paths, and community recreational areas. The development also includes sports courts, water attractions, and lifestyle facilities that create a resort-inspired environment within a suburban setting. For buyers seeking modern apartments with strong lifestyle appeal, ELO 1 provides a compelling option within the Damac Hills 2 master plan.

Pricing Advantage & Market Comparison

Market Indicator	Value
Selling Price	AED 699,999
Unit Type	1BR Apartment
Market Position	Below Market Value
Investment Appeal	Affordable Entry Opportunity

This pricing positions the property as a clear Distress Deal in Damac Hills 2, allowing buyers to secure a modern apartment at a competitive price point.

Lifestyle Living in Damac Hills 2 Apartments

Damac Hills 2 is designed as a self-contained lifestyle destination offering outdoor recreation, sports facilities, and green spaces. The community is divided into themed districts such as Water Town, Sports Town, Motor Town, Downtown, and Equestrian Town, each providing unique experiences for residents. Residents enjoy access to a wide range of amenities including water parks, cycling tracks, jogging trails, sports courts, and landscaped parks. These features create an environment that promotes both relaxation and active living. The apartment’s balcony overlooking green spaces further enhances the sense of tranquility, offering a peaceful retreat within the community.

Why Smart Investors Are Moving Fast

Damac Hills 2 continues to attract investors due to its affordable pricing and lifestyle-focused master planning.

• Below Market Entry Price – Buying below market value creates immediate investment advantage.
• Strong Rental Demand – Affordable one-bedroom apartments attract young professionals and couples.
• Growing Community – Damac Hills 2 continues to expand with new amenities and residential projects.
• Developer Reputation – Damac Properties has delivered numerous residential developments across Dubai.
• Lifestyle Amenities – Water parks, sports facilities, and green spaces support long-term demand.
• Accessible Investment Price – Entry pricing under AED 700K makes this an attractive investment.

About the Location: Damac Hills 2

Damac Hills 2 is a master-planned community located along Al Qudra Road, offering easy connectivity to Dubai’s major highways while providing a quieter suburban environment.

About ELO 1

ELO 1 is a modern residential tower within Damac Hills 2, designed to offer contemporary apartments surrounded by green spaces and lifestyle amenities.

About Distress Property Finder

Distress Property Finder specialises in sourcing below-market property opportunities and motivated-seller deals across Dubai, helping investors identify strong-value real estate opportunities.

Why This Distress Deal in Damac Hills 2 Won’t Stay Available

Affordable resale opportunities priced below market value in growing Dubai communities tend to attract strong buyer interest.

Interested? Act Before It’s Gone.

Contact us today to receive the floor plan, payment schedule, and availability details. Secure this Distress Deal in Damac Hills 2 before it disappears from the market.

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.