TH6, Loreto 1B
Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH6, Loreto 1B
What is TH6 worth today?
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Source: Dubai Land Department. Updated 9 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,560 sqft
- Floor
- Ground of 9
- Parking
- B-28 , B-28A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.26M · May 2022
- Building
- Loreto 1B
About TH6, Loreto 1B
TH6 is a two-bedroom apartment of 2,560 sqft on the ground floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 9 May 2022 for AED 2,255,000, or AED 880 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for TH6 over time
TH6 has sold once; the dashed line is the two-bed median of each year in the building.
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 TH6 sits
All 13 2-beds →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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 2,555 sqft | 3,350,000 | 1,310 | ||
| 16 Oct 202516 October 2025 | 1,273 sqft | 1,859,520 | 1,460 | ||
| 26 May 202526 May 2025 | 1,262 sqft | 1,650,000 | 1,307 | ||
| 25 Feb 202525 February 2025 | 2,555 sqft | 2,450,000 | 958 |
Loreto 1B
Building84 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%
Other units on the ground floor
All 84 units in Loreto 1BTH6, Loreto 1B in numbers
- Sold once: by DAMAC on 9 May 2022 for AED 2,255,000, or AED 880 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 9 May 2022.
Questions about TH6, Loreto 1B
What did unit TH6 last sell for?
AED 2,255,000 on 9 May 2022, sold by the developer: AED 880 per sqft for 2,560 sqft. It is the only registered sale of the unit.
How big is unit TH6?
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 TH6 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 TH6, Loreto 1B
Starts from the last sale price (AED 2.26M, 9 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,255,000
- Deposit, UAE resident (20%)
- AED 451,000
- Deposit, non-resident (40%)
- AED 902,000
- Monthly over 25 years at 3.7%
- AED 9,226
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →