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ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
ELO — DAMAC Hills 2 (Proposed Acquisition)
Licensed developer assets — verified ELO Damac documentation
DAMAC Hills 2, Dubai

ELO — DAMAC Hills 2 (Proposed Acquisition)

This property has not yet been acquired. Contributions are conditional and remain subject to funding, due diligence, seller availability, acquisition closing, eligibility requirements, and the applicable participation terms.

Unknown—

Metropolitan Premium Properties is proud to present this stylish 1-bedroom apartment in Elo 1, Damac Hills 2. Property Details and Features: 1 bedroom, Community views, Modern open-plan living area, Fitted kitchen, Balcony, Covered parking, Swimming pools, Fully equipped gymnasium, Water town and leisure zones, Landscaped green spaces. Damac Hills 2 is a vibrant master community offering a mix of nature-inspired living and modern conveniences. It provides a peaceful lifestyle away from the city while still ensuring easy connectivity to key areas of Dubai.

Funding progress

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Property details

Type

Apartment · off-plan

Bedrooms

1

Bathrooms

1

Plot area

526 sqft

Built-up area

526 sqft

Ownership

Freehold

Usage

Residential

Handover

Q4 2026

Masterplan completion

~22% (as reported)

Masterplan developer

Front Line Investment Management

Balcony or TerraceCentrally Air-ConditionedStudy RoomLobby in Building24 Hours ConciergePets AllowedSwimming poolsFully equipped gymnasiumWater town and leisure zonesLandscaped green spaces

Proposed acquisition

Indicative reference priceAED 639,000
Final acquisition priceFinal price set at acquisition authorization
Acquisition costs budgetTo be disclosed in campaign terms
Contingency / reserveTo be disclosed in campaign terms
Acquisition structureProperty-holding SPV with contract-recorded fractional interests
Proposed SPVTo be confirmed before acquisition close
Platform fee—

Acquisition conditions

  • Funding reaches the required threshold.
  • Due diligence, title, and valuation are satisfactory.
  • Seller availability and price remain within approved limits.
  • Signed acquisition authorization and approved payment destination.

Refund conditions

  • Full refund if the campaign does not reach its minimum threshold by the deadline.
  • Full refund if the campaign is cancelled (e.g. seller withdraws or due diligence fails).
  • Proportional refund of any excess if the final acquisition price is below funds raised.

Risk factors

  • Property values, rental income, liquidity, and exit timing are not guaranteed.
  • The acquisition may not close; contributions are conditional and may be refunded.
  • Participation units are contract-recorded interests, not standalone UAE land title.
  • Availability depends on jurisdiction, eligibility, structure, and applicable law.

Documents

  • Participation termsPending
  • Risk disclosurePending
  • Independent valuationPending
  • Title / SPV documentationPending

Onchain activity

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You are making a conditional contribution toward a proposed acquisition. You do not receive completed property ownership at this stage.

Habibi is not affiliated with, endorsed by, or authorized by any developer or seller named as an acquisition target. Participation units are contract-recorded conditional interests, not registered land title.