2-bed · 2,555 sqftLoreto 1B, Damac Hills · Ground floor · completed 2017

TH5, Loreto 1B

Sold prices and rental history: sold 4 times, last in May 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH5 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 3.35M15 May 2026
Current rentAED 50K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH5, Loreto 1B

What is TH5 worth today?

Last sold for AED 3,350,000 in 2026

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15 May 2026SoldReady
AED 3,350,000AED 1,310 per sqft
25 Feb 2025SoldReady
AED 2,450,000AED 958 per sqft
15 Nov 2023RentedRenewal
AED 50,000/yr12 months · AED 20 per sqft
15 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 20 per sqft
1 Feb 2022SoldReady
AED 1,461,000AED 571 per sqft
8 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 20 per sqft
18 Nov 2019Sold by developerReady
AED 1,903,000AED 744 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
2-bed apartment
Size
2,555 sqft
Floor
Ground of 9
Parking
T2-B-27 , T2-B-27A
Developer
DAMAC
Completed
2017
Service charge
AED 35,300 /yr
Last sold
AED 3.35M · May 2026
Building
Loreto 1B

About TH5, Loreto 1B

TH5 is a two-bedroom apartment of 2,555 sqft on the ground floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 15 May 2026 for AED 3,350,000, or AED 1,310 per sqft, in line with the AED 1,310 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 50,000 a year: a gross yield of 1.5% on the 2026 price, before the service charge of about AED 35,300 a year.

Sales and rents for TH5 over time

Sales
Unit TH5, each saleTypical two-bed in Loreto 1B
1M2M3M2019202120232025Typical sale price by year: 2019 AED 1,498,365; 2020 AED 1,293,600; 2022 AED 1,681,500; 2025 AED 1,859,520Sold by developer, November 2019: AED 1,903,000 (AED 744 per sqft)Sold, February 2022: AED 1,461,000 (AED 571 per sqft)Sold, February 2025: AED 2,450,000 (AED 958 per sqft)Sold, May 2026: AED 3,350,000 (AED 1,310 per sqft)

TH5 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH5, each contractTypical two-bed in Loreto 1B
50K100K202120232025Typical rent by year: 2021 AED 100,800; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 112,000; 2025 AED 112,500New contract, December 2021: AED 50,000 a yearNew contract, November 2022: AED 50,000 a yearRenewal, November 2023: AED 50,000 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 1B, and where TH5 sits

All 13 2-beds →

TH5 last sold in May 2026 at AED 1,310 per sqft, in line with what two-beds in Loreto 1B were fetching at the time (AED 1,310). Over the last 12 months two-beds sold for AED 3,350,000, around AED 1,310 per sqft, and rent for AED 105,000 to 120,000 a year. TH5's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20251,859,520
26 May 20251,650,000
20 Aug 20241,850,000
31 Jul 20241,970,000
1 2-bed sale in the last 12 months

Loreto 1B

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,342
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
6.9%
Loreto 1B, Damac Hills: prices, sales and rents →

Other units on the ground floor

All 84 units in Loreto 1B
Value
TH62-bedAED 2.26M · May 2022
TH73-bedAED 2.2M · Jun 2020
TH83-bedAED 2.28M · Jan 2020

TH5, Loreto 1B in numbers

  • Sold 4 times: first on 18 November 2019 for AED 1,903,000, last on 15 May 2026 for AED 3,350,000 (AED 1,310 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 1.5%, before a service charge of about AED 35,300 a year (AED 13.82 per sqft).
  • Two-beds in Loreto 1B sold for AED 3,350,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,342 per sqft.

Source: Dubai Land Department. Updated 15 May 2026.

Questions about TH5, Loreto 1B

What did unit TH5 last sell for?

AED 3,350,000 on 15 May 2026: AED 1,310 per sqft for 2,555 sqft. The unit has 4 registered sales; the first was AED 1,903,000 in November 2019.

What is the rent for unit TH5?

AED 50,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since December 2021.

How big is unit TH5?

2,555 sqft (237.4 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH5 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 1B sold for AED 3,350,000 to 3,350,000 in the last 12 months, around AED 1,310 per sqft.

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Mortgage on TH5, Loreto 1B

Starts from the last sale price (AED 3.35M, 15 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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