Home›Projects›DAMAC HILLS (2) - ELO 2 & ELO 3

DAMAC HILLS (2) - ELO 2 & ELO 3

by FRONT LINE INVESTMENT MANAGEMENT L.L.C·DAMAC HILLS 2ResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started

Construction Progress0.1%

Project Start

Sep 1, 2024

Expected Handover

Jun 30, 2027

310 days remaining

Official Status

NOT_STARTED

Total Units

1,145

Avg Unit Size

675 sqft

Freehold Ratio

100%

Escrow Agent

Emirates NBD (ENBD)

Median Price

AED 715K

PSF

AED 1,242/sqft

Sales 12M

vs Area

-52.2%

Asset Turnover

ⓘ

1.3%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

1,145

Avg Unit Size

675 sqft

2BR

29.2%

1BR

68.1%

2.7%

Room Configuration

Unit Type	Count	Share
1BR	780	68.1%
2BR	334	29.2%
NA	31	2.7%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	70.0% 780 units	36.8% 14 sold	0.53	⚠️ LOW DEMAND
2BR	30.0% 334 units	63.2% 24 sold	2.11	🔥 HIGH DEMAND

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
11 Aug 2026 Published 12 Aug 2026	MADINAT HIND 4	2BR	AED 1.25M	AED 1,258/sqft	Off-plan	Freehold
23 Jul 2026	MADINAT HIND 4	2BR	AED 1.36M	AED 1,324/sqft	Off-plan	Freehold
14 Jul 2026 Published 15 Jul 2026	MADINAT HIND 4	2BR	AED 938K	AED 1,169/sqft	Off-plan	Freehold
2 Jul 2026 Published 3 Jul 2026	MADINAT HIND 4	1BR	AED 316K	AED 1,197/sqft	Off-plan	Freehold
24 Jun 2026 Published 25 Jun 2026	MADINAT HIND 4	2BR	AED 1.32M	AED 1,342/sqft	Off-plan	Freehold
11 Jun 2026	MADINAT HIND 4	2BR	AED 1.50M	AED 1,475/sqft	Off-plan	Freehold
3 Jun 2026	MADINAT HIND 4	2BR	AED 1.03M	AED 1,291/sqft	Off-plan	Freehold
6 May 2026 Published 7 May 2026	MADINAT HIND 4	1BR	AED 801K	AED 1,437/sqft	Off-plan	Freehold
20 Apr 2026 Published 21 Apr 2026	MADINAT HIND 4	2BR	AED 1.36M	AED 1,251/sqft	Off-plan	Freehold
17 Mar 2026	MADINAT HIND 4	2BR	AED 1.31M	AED 1,324/sqft	Off-plan	Freehold
11 Mar 2026	MADINAT HIND 4	2BR	AED 919K	AED 1,107/sqft	Off-plan	Freehold
3 Mar 2026	MADINAT HIND 4	1BR	AED 663K	AED 1,194/sqft	Off-plan	Freehold
13 Feb 2026	MADINAT HIND 4	2BR	AED 1.31M	AED 1,324/sqft	Off-plan	Freehold
5 Feb 2026	MADINAT HIND 4	1BR	AED 703K	AED 1,270/sqft	Off-plan	Freehold
5 Feb 2026	MADINAT HIND 4	2BR	AED 1.03M	AED 1,238/sqft	Off-plan	Freehold
29 Jan 2026	MADINAT HIND 4	2BR	AED 1.25M	AED 1,258/sqft	Off-plan	Freehold
28 Jan 2026 Published 29 Jan 2026	MADINAT HIND 4	2BR	AED 1.32M	AED 1,254/sqft	Off-plan	Freehold
21 Jan 2026	MADINAT HIND 4	2BR	AED 1.31M	AED 1,353/sqft	Off-plan	Freehold
19 Jan 2026	MADINAT HIND 4	2BR	AED 1.33M	AED 1,284/sqft	Off-plan	Freehold
19 Jan 2026	MADINAT HIND 4	2BR	AED 1.40M	AED 1,336/sqft	Off-plan	Freehold
12 Jan 2026	MADINAT HIND 4	1BR	AED 782K	AED 1,409/sqft	Off-plan	Freehold
12 Jan 2026	MADINAT HIND 4	1BR	AED 710K	AED 1,288/sqft	Off-plan	Freehold
7 Jan 2026 Published 8 Jan 2026	MADINAT HIND 4	1BR	AED 710K	AED 1,280/sqft	Off-plan	Freehold
24 Dec 2025	DAMAC HILLS 2	1BR	AED 720K	AED 1,297/sqft	Off-plan	Freehold
24 Dec 2025	DAMAC HILLS 2	2BR	AED 917K	AED 1,186/sqft	Off-plan	Freehold
15 Dec 2025	DAMAC HILLS 2	1BR	AED 654K	AED 1,183/sqft	Off-plan	Freehold
11 Dec 2025	DAMAC HILLS 2	1BR	AED 585K	AED 1,110/sqft	Off-plan	Freehold
31 Oct 2025	DAMAC HILLS 2	2BR	AED 1.31M	AED 1,353/sqft	Off-plan	Freehold
13 Oct 2025	DAMAC HILLS 2	2BR	AED 1.32M	AED 1,252/sqft	Off-plan	Freehold
3 Oct 2025	DAMAC HILLS 2	1BR	AED 699K	AED 1,263/sqft	Off-plan	Freehold