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ELO 3 | 2 BR

AED 855,000
Book Now
BUA768 ft2
Price per ft21,113 AED
Property typeApartment
AreaDAMAC Hills (Akoya by DAMAC)
DevelopmentELO 3
ID (Ref.No)imex-50829530
Bathrooms3
Operated by HotelNO
DeveloperDAMAC
Secondary viewCommunity
THE CHEAPEST 2 BR UNIT under development in Damac Hills!

WHY INVEST IN DUBAI?

Or better: why invest in ELO 3 in Dubai Hills 2? The first and the main reasons that these apartments are THE CHEAPEST AVAILBLE OFF-PLANUNIT IN DUBAI!

ELO 3 is strategically located at Damac Hills 2, providing residents with unparalleled connectivity to the heart of Dubai. The community is accessible via four major highways, ensuring a swift commute to and from the city center. Al Qudra Road, one of the primary access routes, allows residents to reach the gates of Damac Hills 2 easily. This prime location offers the perfect blend of serene living with the convenience of city life, making it an ideal choice for those seeking a tranquil retreat that is still within easy reach of Dubai’s vibrant urban core.

IMEX Real Estate specialists will always help you buy an apartment in this or any other project. Contact us via WhatsApp +971(50)5006869, and our online brokers will quickly find you exactly what you need.

Damac Hills II is a master-planned community located in the heart of Dubai. The area offers a range of properties, including villas, townhouses, and apartments, which are surrounded by lush greenery and landscaped gardens. The community offers an ideal balance of privacy, luxury, and comfort, making it an attractive option for those looking for a serene living experience.

The area is developed by Damac Properties, a renowned developer in the UAE, known for its high-end real estate projects across the region.

Discover ELO 3 at Damac Hills 2, where modern sophistication meets natural tranquillity offering 1 & 2-bedroom apartments, developed by Damac Properties. This residential development is a sanctuary for those seeking a lifestyle that balances the vibrancy of city life with the tranquillity of natural surroundings. The elegantly curved architecture stands as a testament to contemporary design, adorned with a series of secluded balconies that offer panoramic views of the picturesque parklands below.

The interior design of apartments reflects a modern sanctuary, offering a range of layouts infused with contemporary elegance and abundant natural light. Each apartment is meticulously crafted to provide spacious living areas that cater to the sophisticated tastes of urban dwellers. The one-bedroom units are ideal for young professionals or couples, providing a cozy yet refined living space. In contrast, the two-bedroom units are perfect for small families, offering ample room to grow and thrive. The blend of comfort and style in these apartments ensures that residents enjoy an exceptional urban lifestyle in a realm that feels distinctly separate from the city's hustle and bustle.

FACILITIES AND AMENITIES:

The development is more than just a residential building; it promises a lifestyle replete with relaxation and recreation. The development boasts a state-of-the-art gym equipped with the latest fitness equipment, ensuring that health enthusiasts can maintain their routines without leaving the comfort of their community. For those seeking a unique blend of fun and fitness, the bespoke climbing wall offers a thrilling challenge. Children are not left out, as the dedicated play zone provides a safe and engaging environment for the younger residents to explore and enjoy. Evenings can be spent at the outdoor theatre, where families can gather to watch movies under the stars, fostering a sense of community and shared enjoyment.

The pool area is a haven for relaxation, featuring a welcoming pool where residents can unwind beneath the starry sky. The poolside bar is the perfect spot to savour a refreshing cocktail after a swim, while the barbecue facilities invite families and friends to come together and enjoy delightful meals in the open air. This blend of amenities ensures that every moment spent is infused with leisure and luxury, creating an environment where residents can escape the daily grind and immerse themselves in a tranquil oasis.

·       Gymnasium

·       Kids Play Area

·       Parking Facility

·       Parks and Leisure Areas

·       Restaurants

·       Retail Outlets

·       Swimming Pool

·       Malibu Beach

·       Wave Surfing Simulator

·       Lazy River

·       Multi-Sports Amenities

·       Supermarket

·       Gymnasium

·       Shopping and Dining Venues

BUYING AND INVESTMENT OPPORTUNITIES:

One of the main advantages of investing in Damac Hills II is the luxurious lifestyle it offers. The area is surrounded by landscaped gardens and greenery, providing a serene living experience. Additionally, the area is well-connected to major highways, making it easily accessible from other parts of Dubai.

On the downside, the area is relatively new, and therefore, may not have the same level of infrastructure and amenities compared to more established communities in Dubai.

The real estate prices in Damac Hills II are relatively competitive, given the high-end nature of the properties. The average price for a villa in the area is around AED 5 million, while townhouses and apartments are available at slightly lower prices.

Damac Properties has several plans for future development in the area, including new phases of villas, townhouses, and apartments.

The rental prices in Damac Hills II are highly competitive in comparison to other prime locations in Dubai. The average rental prices for a one-bedroom apartment start at around AED 40,000 per year, whereas for a three-bedroom villa, it ranges from AED 100,000 to AED 130,000 per year.

Rental trends there are expected to continue to rise in the coming years, as the development is still relatively new and demand is expected to grow.

IMEX Real Estate stays your reliable guide in the sphere of the USE’s real estate. Our contacts:

Tel.: +971(50)5006869 (Whatsapp, Viber, Telegram)

IMEX REAL ESTATE BROKER LLC

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: property@imexre.com

Facilities
  • 24 hour maintenance
  • 24 hour security
  • Available Networked
  • Balcony
  • Coffee Shop
  • Concierge facility
  • Convenience store
  • Eco friendly
  • Lease Management
  • Licensed Restaurant
  • Property Management
  • Restaurants
  • Retail Services
  • Schools
  • Shopping centre
Location
Floor Plans
Related offers
NEW BUILDING
1,135,000
SALE
3,600,000
Ref.No: imex-5682356
1BR Apt
1,549 ft2
2,324 AED/ft2
Floor: 7
AED 855,000
Book Now
BUA768 ft2
Price per ft21,113 AED
Property typeApartment
AreaDAMAC Hills (Akoya by DAMAC)
DevelopmentELO 3
ID (Ref.No)imex-50829530
Bathrooms3
Operated by HotelNO
DeveloperDAMAC
Secondary viewCommunity
Miguel Stevsky
Agent | BRN:
Language: Russian
Office Tel: +971 4 3951911
Tel: +971508234365
Tel: +971508234365  
E-mail: i971508234365@gmail.com

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Call management
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management