3-bed · 3,361 sqftLoreto 1A, Damac Hills · Ground floor · completed 2017

TH1, Loreto 1A

Sold prices and rental history: sold twice, last in June 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH1 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 3.4M23 June 2025
Current rentAED 105K /yr29 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH1, Loreto 1A

What is TH1 worth today?

Last sold for AED 3,400,000 in 2025

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23 Jun 2025SoldReady
AED 3,400,000AED 1,011 per sqft
1 Feb 2023Sold by developerReady
AED 2,729,000AED 812 per sqft
29 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 31 per sqft
25 Feb 2020RentedRenewal
AED 123,500/yr12 months · AED 37 per sqft
25 Feb 2019RentedNew contract
AED 123,500/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
3-bed apartment
Size
3,361 sqft
Floor
Ground of 9
Parking
T1-LP1-28 , T1-LP1-28A
Developer
DAMAC
Completed
2017
Service charge
AED 46,400 /yr
Last sold
AED 3.4M · June 2025
Building
Loreto 1A

About TH1, Loreto 1A

TH1 is a three-bedroom apartment of 3,361 sqft on the ground floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 23 June 2025 for AED 3,400,000, or AED 1,011 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 29 October 2020, is AED 105,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 46,400 a year.

Sales and rents for TH1 over time

Sales
Unit TH1, each saleTypical three-bed in Loreto 1A
1M2M3M202120232025Typical sale price by year: 2021 AED 1,362,000; 2023 AED 2,565,640Sold by developer, February 2023: AED 2,729,000 (AED 812 per sqft)Sold, June 2025: AED 3,400,000 (AED 1,011 per sqft)

TH1 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH1, each contractTypical three-bed in Loreto 1A
100K110K120K201920212023Typical rent by year: 2020 AED 102,500; 2021 AED 122,500; 2022 AED 120,000; 2023 AED 120,000New contract, February 2019: AED 123,500 a yearRenewal, February 2020: AED 123,500 a yearNew contract, October 2020: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Loreto 1A, and where TH1 sits

All 9 3-beds →

Over the last 12 months three-beds sold for AED 2,410,000, around AED 1,287 per sqft, and rent for AED 190,000 to 190,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jan 20262,410,000
8 Nov 20252,850,000
5 Dec 20242,100,000
14 Dec 20232,100,000
1 3-bed sale in the last 12 months

Loreto 1A

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,237
Typical sale
AED 650K
Typical rent
AED 67K /yr
Typical yield
7.0%
Loreto 1A, Damac Hills: prices, sales and rents →

Other units on the ground floor

All 84 units in Loreto 1A
Value
TH23-bedAED 2.6M · Jun 2021
TH32-bedAED 3.55M · Jul 2026
TH42-bedAED 2.85M · Oct 2023

TH1, Loreto 1A in numbers

  • Sold twice: first on 1 February 2023 for AED 2,729,000, last on 23 June 2025 for AED 3,400,000 (AED 1,011 per sqft).
  • Rented since February 2019 on 3 Ejari contracts, from AED 123,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 46,400 a year (AED 13.82 per sqft).
  • Three-beds in Loreto 1A sold for AED 2,410,000–2,410,000 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.

Source: Dubai Land Department. Updated 23 June 2025.

Questions about TH1, Loreto 1A

What did unit TH1 last sell for?

AED 3,400,000 on 23 June 2025: AED 1,011 per sqft for 3,361 sqft. The unit has 2 registered sales; the first was AED 2,729,000 in February 2023.

What is the rent for unit TH1?

AED 105,000 a year on the contract signed on 29 October 2020. The previous contract, from February 2020, was AED 123,500; the unit has been rented since February 2019.

How big is unit TH1?

3,361 sqft (312.2 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH1 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Loreto 1A sold for AED 2,410,000 to 2,410,000 in the last 12 months, around AED 1,287 per sqft.

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Mortgage on TH1, Loreto 1A

Starts from the last sale price (AED 3.4M, 23 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →