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Within the framework of EUROfusion Program, the Dual Coolant Lithium Lead (DCLL) is one of the four EU breeder blanket concepts that are being investigated as candidates for DEMO. DCLL uses PbLi as the main coolant, tritium breeder, tritium carrier, and neutron multiplier. The main structures, including the first wall, are cooled with helium. The EU program proposed for the next years will consider a DCLL version limited to 550 °C in order to allow the use of conventional materials and technologies. During the first year of EUROfusion activities, a draft design of the DCLL has been proposed. The main blanket performances were adapted to the new specifications and the CAD model of DEMO. The breeder zone has been toroidally divided into four parallel PbLi circuits, separated through stiffening grid radial walls. The PbLi flow routing has been designed to maximize the amount of thermal power extracted by flowing PbLi and to avoid the occurrence of reverse flows due to volumetric heating. Thermal hydraulics, magnetohydrodynamic and neutronics calculations have been performed for the first draft design. The new DCLL design employs Eurofer-alumina-Eurofer sandwich as flow channel insert (FCI).