Elo 2 at Damac Hills 2, Dubai – Damac Properties - Payment Plan
Elo 2 payment plan
Elo 2 by Damac Properties in Damac Hills 2 is sold with a 20/60/20 payment plan: 20% down payment on booking, 60% during construction and 20% on handover.
With prices starting from AED 577,000, the 20% down payment starts from about AED 115,400, and handover is expected in Q1 2028.
Below is the full instalment schedule and a mortgage calculator, so you can see what you pay before handover and what is left to finance. Ask us for the official payment plan PDF and the current price list.
Payment Plan Breakdown
Down Payment
On Booking Date
During Construction
Easy Installments
On Handover
Upon Completion
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| Down Payment | 20% | |
| During Construction | 60% | |
| On Handover | 20% |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
Upfront Costs & Bank Fees
Monthly Breakdown of EMI
| Inst # | Opening Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Elo 2 payment plan FAQ
What is the payment plan for Elo 2?
Elo 2 has a 20/60/20 payment plan: 20% down payment on booking, 60% during construction and 20% on handover.
How much is the down payment for Elo 2?
The down payment is 20% of the price. For a unit starting at AED 577,000, that is about AED 115,400, plus the 4% DLD fee where it applies.
When is the handover of Elo 2?
Handover of Elo 2 is expected in Q1 2028. The amount due on handover can be paid in cash or with a mortgage.
Developer: Damac Properties · Community: Damac Hills 2 · See all Damac Properties projects
