TH7, Loreto 1B
Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH7, Loreto 1B
What is TH7 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 April 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,907 sqft
- Floor
- Ground of 9
- Parking
- LP1-25 , LP1-25A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 54,000 /yr
- Last sold
- AED 2.2M · June 2020
- Building
- Loreto 1B
About TH7, Loreto 1B
TH7 is a three-bedroom apartment of 3,907 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 14 June 2020 for AED 2,200,000, or AED 563 per sqft, 31% below the AED 816 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 4 April 2026, is AED 235,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 54,000 a year.
Sales and rents for TH7 over time
TH7 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 1B, and where TH7 sits
All 9 3-beds →TH7 last sold in June 2020 at AED 563 per sqft, 31% below what three-beds in Loreto 1B were fetching at the time (AED 816). TH7's AED 235,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202516 May 2025 | 3,211 sqft | 3,450,000 | 1,074 | ||
| 15 Oct 202415 October 2024 | 1,787 sqft | 2,260,000 | 1,264 | ||
| 30 Jul 202430 July 2024 | 3,211 sqft | 2,473,000 | 770 | ||
| 6 Dec 20226 December 2022 | 1,619 sqft | 1,231,200 | 760 |
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 1BTH7, Loreto 1B in numbers
- Sold once: by DAMAC on 14 June 2020 for AED 2,200,000, or AED 563 per sqft.
- Rented since October 2020 on 7 Ejari contracts, from AED 110,000 to AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 54,000 a year (AED 13.82 per sqft).
Source: Dubai Land Department. Updated 4 April 2026.
Questions about TH7, Loreto 1B
What did unit TH7 last sell for?
AED 2,200,000 on 14 June 2020, sold by the developer: AED 563 per sqft for 3,907 sqft. It is the only registered sale of the unit.
What is the rent for unit TH7?
AED 235,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 235,000; the unit has been rented since October 2020.
How big is unit TH7?
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 TH7 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling TH7? 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.
Mortgage on TH7, Loreto 1B
Starts from the last sale price (AED 2.2M, 14 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →