2-bed · 2,560 sqftLoreto 1A, Damac Hills · Ground floor · completed 2017

TH3, Loreto 1A

Sold prices and rental history: sold 3 times, last in July 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH3 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 3.55M7 July 2026
Current rentAED 115K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH3, Loreto 1A

What is TH3 worth today?

Last sold for AED 3,550,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jul 2026SoldReady
AED 3,550,000AED 1,386 per sqft
8 May 2023SoldReady
AED 1,880,000AED 734 per sqft
1 Feb 2023RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
1 Feb 2022RentedRenewal
AED 97,500/yr12 months · AED 38 per sqft
1 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 35 per sqft
20 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
28 Jul 2019Sold by developerReady
AED 1,910,000AED 745 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
2-bed apartment
Size
2,560 sqft
Floor
Ground of 9
Parking
T1-LP1-30 , T1-LP1-31
Developer
DAMAC
Completed
2017
Service charge
AED 35,400 /yr
Last sold
AED 3.55M · July 2026
Building
Loreto 1A

About TH3, Loreto 1A

TH3 is a two-bedroom apartment of 2,560 sqft on the ground floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 July 2026 for AED 3,550,000, or AED 1,386 per sqft, in line with the AED 1,414 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 115,000 a year: a gross yield of 3.2% on the 2026 price, before the service charge of about AED 35,400 a year.

Sales and rents for TH3 over time

Sales
Unit TH3, each saleTypical two-bed in Loreto 1A
2M3M2018202120242027Typical sale price by year: 2018 AED 1,660,725; 2019 AED 1,776,000; 2022 AED 1,911,000; 2023 AED 1,880,000; 2025 AED 1,898,260Sold by developer, July 2019: AED 1,910,000 (AED 745 per sqft)Sold, May 2023: AED 1,880,000 (AED 734 per sqft)Sold, July 2026: AED 3,550,000 (AED 1,386 per sqft)

TH3 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH3, each contractTypical two-bed in Loreto 1A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 101,630; 2020 AED 72,500; 2021 AED 81,000; 2022 AED 84,000; 2023 AED 101,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,375New contract, September 2019: AED 115,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 97,500 a yearRenewal, February 2023: AED 115,000 a year

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

2-beds in Loreto 1A, and where TH3 sits

All 13 2-beds →

TH3 last sold in July 2026 at AED 1,386 per sqft, in line with what two-beds in Loreto 1A were fetching at the time (AED 1,414). Over the last 12 months two-beds sold for AED 3,550,000, around AED 1,386 per sqft, and rent for AED 96,000 to 135,000 a year. TH3's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Oct 20251,898,260
15 Aug 20251,945,000
14 Aug 20251,871,540
31 Oct 20232,850,000
1 2-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
TH13-bedAED 3.4M · Jun 2025
TH23-bedAED 2.6M · Jun 2021
TH42-bedAED 2.85M · Oct 2023

TH3, Loreto 1A in numbers

  • Sold 3 times: first on 28 July 2019 for AED 1,910,000, last on 7 July 2026 for AED 3,550,000 (AED 1,386 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2021 and recovered to AED 115,000 by February 2023.
  • At AED 115,000 a year the gross yield on the 2026 price is 3.2%, before a service charge of about AED 35,400 a year (AED 13.82 per sqft).
  • Two-beds in Loreto 1A sold for AED 3,550,000–3,550,000 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 7 July 2026.

Questions about TH3, Loreto 1A

What did unit TH3 last sell for?

AED 3,550,000 on 7 July 2026: AED 1,386 per sqft for 2,560 sqft. The unit has 3 registered sales; the first was AED 1,910,000 in July 2019.

What is the rent for unit TH3?

AED 115,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 97,500; the unit has been rented since September 2019.

How big is unit TH3?

2,560 sqft (237.8 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH3 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 1A sold for AED 3,550,000 to 3,550,000 in the last 12 months, around AED 1,386 per sqft.

Selling TH3? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH3, Loreto 1A

Starts from the last sale price (AED 3.55M, 7 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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