ELO | Luxury and Diversity in an Integrated Residential Community
In a world filled with comfort and tranquility, the ELO group takes you on a distinguished journey of harmony with nature. Located in the heart of the vibrant Damac Hills 2 community, this residential complex consists of two elegant buildings shining brightly at 14 floors high, offering residents breathtaking views of the surrounding green spaces.
The luxurious ELO collection ensures a variety of elegant apartments, ranging from two-bedroom to one-bedroom units, with spacious balconies offering stunning views of its green gardens. Apartment sizes range from 530 square feet to 1,100 square feet, with interior designs characterized by warm natural colors that harmonize with the enchanting natural landscapes visible through the windows.
Project Details
Prices and Sizes: Starting from $149,100.
Sizes start from 49 square meters.
Location: Damac Hills 2.
Delivery Time: By the end of 2026.
Housing Styles: Ranging from 1-2 bedrooms.
Payment Plan: Includes a 20% down payment, with remaining installments during the construction period and upon delivery.
Facilities and Features:
Swimming Pool with Bar: Enjoy swimming in a refreshing pool amidst breathtaking natural landscapes, and indulge in refreshing drinks without the need to leave the water.
Outdoor Cinema: Enjoy watching your favorite movies under the sparkling starlit sky for an unforgettable cinematic experience.
Rock Climbing Wall and Sports Club: Challenge yourself with rock climbing or enjoy sports activities in the sports club equipped with state-of-the-art facilities.
BBQ Area and Children’s Play Area: Host family gatherings in the BBQ area, and let your children climb and play in the dedicated play area.
Economic Status of Eilo:
Investment:
ELO project is considered a profitable option for investors, offering a reasonable price with a flexible payment plan. The plan includes an initial down payment and the remaining installments during the construction period and upon delivery. Additionally, there is an opportunity to earn steady rental income through property resale or leasing.
Rental:
The annual rental price for apartments starts at AED 37,000, providing an average return on investment of 8.1%. This enhances the property’s attractiveness to investors seeking to achieve steady rental income.
Resale:
Damac Properties offers a convenient payment plan for potential buyers, making the resale process flexible and easy. The value of properties is expected to increase upon project completion, creating opportunities for profit through property resale.
Housing:
ELO project offers a peaceful lifestyle in an integrated community, with green gardens and advanced infrastructure. The community features facilities and amenities for all ages, making it an ideal place for living and investment.
Residence Visa:
By investing in ELO with a minimum amount of AED 750,000, investors can obtain a residence visa for two years, adding additional value to the investment.
ELO Location | Life in the Heart of Nature:
Damac Hills 2 features an exceptional location designed based on principles of healthy living and enjoying nature. The community is divided into thematic clusters with advanced infrastructure to meet residents’ needs.
Water Town:
This section features a Malibu Beach Wave Pool, water space, water slides, and a calm river, providing an ideal water experience for residents.
Downtown:
It includes Zan Park, an amphitheater, BBQ area, fishing lake, and farm, offering a variety of recreational activities and natural experiences.
Sports City:
It includes a variety of sports facilities such as a football field, cricket field, and tracks for cycling and running, providing residents with opportunities for sports and physical activity.
Additionally, Damac Hills 2 offers more vital facilities such as an international school, clinic, supermarkets, and a dance studio, to meet all residents’ needs and make their experience in the community comfortable and integrated.
Overview
- Updated On:
- April 30, 2024