Elo 2 at DAMAC Hills 2 was launched with a 20/60/20 payment plan: 20% down payment on booking, 60% during construction in staged installments, and 20% on handover in Q2 2027. This is a distress off-plan assignment. The buyer assumes the seller's original DAMAC SPA and outstanding payment obligations. On assignment: DLD Oqood transfer fee 4% (~AED 35,960 on AED 899,000), trustee fee (~AED 4,200), and buyer agency ~2% (~AED 17,980). Full paid versus outstanding installment schedule available on request quoting ELO-DH2-2BR-776-HF-001.
| Milestone | Payment% |
|---|---|
| Down_Payment | 20% |
| During_Construction | 60% |
| On_Handover | 20% |