Apartment for Sale in Al Yufrah 2 by Damac

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Off Plan

Elo 2

developer logoDAMAC Properties
Elo 2, Damac Hills 2, Dubai
Apartment
0% Completed

About Property

Welcome to ELO 2 at DAMAC Hills 2, Dubai

Experience the ultimate in modern living with ELO 2, overlooking the beautiful parklands of DAMAC Hills 2. The sleek, modern architecture of ELO 2, with its private outdoor spaces, makes a bold statement in this thriving community.

At ELO 2, we have designed a lifestyle that elevates contemporary living with cutting-edge amenities, including a concierge service and a kids play area. Nestled near Water Town and overlooking the park, ELO 2 takes luxury living from the ordinary to the extraordinary.

Located within the vibrant DAMAC Hills 2 community, ELO 2 offers easy access to four major highways and other networks, connecting you to the city and beyond. Whether you're looking for a serene retreat or a bustling urban experience, ELO 2 offers the best of both worlds.

Starting at AED 795,000 and reaching up to AED 1,487,000, ELO 2 offers a range of luxurious living options to suit every lifestyle and budget. Come home to ELO 2 and experience the art of modern living in the heart of Dubai.

Is This Home Your Lifestyle Match?

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Amenities

Concierge Service
Concierge Service
Kids Play Area
Kids Play Area

Location

Elo 2, Damac Hills 2, Dubai

Expected ROI

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Layouts and Prices

Payment Plans

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Photos

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Finishing examples

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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From$214,650.00
Book At$42,930.00