Development of the Week: ELO 3 by DAMAC
Continuing our “Development of the Week” series, we’re spotlighting ELO 3 by DAMAC. Building on the success of ELO and ELO 2, this new project presents exciting opportunities for investors. Situated in DAMAC Hills 2, Dubai’s first green community, ELO 3 is perfect for those who value a serene and tranquil lifestyle. Here’s a closer look at this remarkable development.
ABOUT ELO 3 DUBAI
The name DAMAC is synonymous with excellence. Those familiar with Dubai’s real estate market can attest to the company’s strong reputation and consistent delivery on promises to its clients. Against this backdrop, DAMAC is launching ELO 3, a project that is set to attract both local and international investors.
Offering 1 and 2-bed flats, this property would be ideal for bachelors or smaller families. With growing concerns about pollution and climate change, living in DAMAC Hills 2 is likely to help you reduce your carbon footprint as the area is surrounded by nature. It provides an enviable balance between modernity and old school idea of community living with plenty of green areas around.
In terms of architecture, you can expect the very best from the builders and engineers at DAMAC. ELO 3 features contemporary curved tower design which would make it standout. Residents will be able to view and enjoy the picturesque surrounding areas from their flats. Plus, the ELO 3 amenities and advantages will include leisure avenues as well as fitness and wellness centres. So, there will be something for all ages and interests.
ELO 3 location is also a plus. DAMAC Hills 2 is also well-connected to other areas via major highways. It is home to Trump World Golf Club. Dubai’s very first green residential development offers a wide range of amenities from retail outlets to supermarkets.
Moreover, educational institutes at primary, secondary and tertiary level are present within the community or nearby areas. Additionally, residents here have access to swimming pools, tennis and basketball courts, cycling and jogging tracks, cricket pitches and lush green spaces.
To sum up, ELO 3 features outstanding amenities and the properties here are likely to go off-market quickly.
PROPERTIES AT ELO 3 DAMAC HILLS 2
As discussed, you can buy 1 or 2-bed flats here. The elegant design with spacious and sophisticated living spaces would appeal to the modern day sensibilities of the 21st century home dweller. The design will ensure that all rooms are well-lit. These homes will be fully equipped with modern day technological tools. The balconies at the flats will provide stunning panoramic views of the community.
The starting price for a flat in ELO 3 is AED 1M.
ELO 3 AMENITIES
Here is a look at ELO 3 amenities and advantages.
- Outdoor theatre
- Malibu beach
- Wave pool
- Splash pad
- Lazy river
- Zen garden
- Jungle gym
- Hedge maze
- Dog park
- Jogging track
- Sports fields
- Paintball arena
- Pool
- Gym
- Climbing wall
- Play zone
ELO 3 PAYMENT PLAN
Here is a look at ELO 3 payment plan.
Milestone | Payment Plan |
|---|---|
Milestone Deposit | Payment Plan 24% |
Milestone Within 3 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 4 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 5 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 6 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 7 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 8 month(s) of Sale Date | Payment Plan 8% |
Milestone Within 9 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 10 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 11 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 12 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 13 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 14 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 15 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 16 month(s) of Sale Date | Payment Plan 8% |
Milestone Within 17 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 18 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 19 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 20 month(s) of Sale Date | Payment Plan 1% |
Milestone Within 21st month(s) of Sale Date | Payment Plan 1% |
Milestone Within 22nd month(s) of Sale Date | Payment Plan 1% |
Milestone Within 23rd month(s) of Sale Date | Payment Plan 1% |
Milestone Within 24th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 25th month(s) of Sale Date | Payment Plan 5% |
Milestone Within 26th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 27th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 28th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 29th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 30th month(s) of Sale Date | Payment Plan 1% |
Milestone Within 31st month(s) of Sale Date | Payment Plan 1% |
Milestone Within 32nd month(s) of Sale Date | Payment Plan 1% |
Milestone Within 33rd month(s) of Sale Date | Payment Plan 1% |
Milestone Within 34th month(s) of Sale Date | Payment Plan 1% |
Milestone On 80% of building Completion | Payment Plan 5% |
Milestone On 90% of building Completion | Payment Plan 5% |
Milestone On Completion | Payment Plan 20% |
ABOUT THE DEVELOPER
DAMAC is one of the leading property developers in the UAE. It has been at the forefront in bringing innovation and modernity to the sector. DAMAC’s new projects provide a variety in terms of design and unique features to their properties which has helped attracted investment from across the globe. ELO 3 is an addition to this impressive list and one can expect it to adhere to the DAMAC standard of quality.
FAQS
WHAT IS COMPLETION DATE FOR THE PROJECT?
The project is expected to be completed by June 2027.
WHICH ARE THE MOST POPULAR SUB COMMUNITIES TO RENT A PROPERTY IN DAMAC HILL 2?
Here is a list of the top sub communities to rent a property in DAMAC Hills 2.
DUBAI SOUTH VS DAMAC HILLS 2, WHICH IS THE BETTER AREA TO LIVE IN?
Both areas have their pros and cons. Check our Dubai South vs DAMAC Hills 2 comparison to find out more.
ELO 3 by DAMAC is almost certain to be one of the most in-demand off-plan projects in Dubai. The name of the developer, the proposed ELO 3 master plan including the amenities on offer and a buyer friendly payment plan, make it one of the standout developments of the year. If you are looking to make an investment, this project should be under consideration.
