TH2, Loreto 1A
Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH2, Loreto 1A
What is TH2 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,907 sqft
- Floor
- Ground of 9
- Parking
- T1-LP1-29 , T1-LP1-29A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 54,000 /yr
- Last sold
- AED 2.6M · June 2021
- Building
- Loreto 1A
About TH2, Loreto 1A
TH2 is a three-bedroom apartment of 3,907 sqft on the ground floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 2 June 2021 for AED 2,604,000, or AED 666 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 250,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 54,000 a year.
Sales and rents for TH2 over time
TH2 has sold once; the dashed line is the three-bed median of each year in the building.
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 TH2 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,872 sqft | 2,410,000 | 1,287 | ||
| 8 Nov 20258 November 2025 | 1,621 sqft | 2,850,000 | 1,758 | ||
| 23 Jun 202523 June 2025 | 3,361 sqft | 3,400,000 | 1,011 | ||
| 5 Dec 20245 December 2024 | 1,621 sqft | 2,100,000 | 1,295 |
Loreto 1A
Building84 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%
Other units on the ground floor
All 84 units in Loreto 1ATH2, Loreto 1A in numbers
- Sold once: by DAMAC on 2 June 2021 for AED 2,604,000, or AED 666 per sqft.
- Rented since June 2021 on 6 Ejari contracts, from AED 135,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 54,000 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 1 September 2025.
Questions about TH2, Loreto 1A
What did unit TH2 last sell for?
AED 2,604,000 on 2 June 2021, sold by the developer: AED 666 per sqft for 3,907 sqft. It is the only registered sale of the unit.
What is the rent for unit TH2?
AED 250,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 250,000; the unit has been rented since June 2021.
How big is unit TH2?
3,907 sqft (363.0 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH2 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 TH2, Loreto 1A
Starts from the last sale price (AED 2.6M, 2 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,604,000
- Deposit, UAE resident (20%)
- AED 520,800
- Deposit, non-resident (40%)
- AED 1,041,600
- Monthly over 25 years at 3.7%
- AED 10,654
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →