TH8, Loreto 1B
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH8, Loreto 1B
What is TH8 worth today?
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Source: Dubai Land Department. Updated 21 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,298 sqft
- Floor
- Ground of 9
- Parking
- LP1-26 , LP1-26A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 45,600 /yr
- Last sold
- AED 2.28M · January 2020
- Building
- Loreto 1B
About TH8, Loreto 1B
TH8 is a three-bedroom apartment of 3,298 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 30 January 2020 for AED 2,282,000, or AED 691 per sqft, 25% below the AED 918 three-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 21 February 2026, is AED 200,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 45,600 a year.
Sales and rents for TH8 over time
TH8 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 TH8 sits
All 9 3-beds →TH8 last sold in January 2020 at AED 691 per sqft, 25% below what three-beds in Loreto 1B were fetching at the time (AED 918). TH8's AED 200,000 is in the upper half 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 1BTH8, Loreto 1B in numbers
- Sold once: by DAMAC on 30 January 2020 for AED 2,282,000, or AED 691 per sqft.
- Rented since February 2023 on 5 Ejari contracts, from AED 180,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 45,600 a year (AED 13.82 per sqft).
Source: Dubai Land Department. Updated 21 February 2026.
Questions about TH8, Loreto 1B
What did unit TH8 last sell for?
AED 2,282,000 on 30 January 2020, sold by the developer: AED 691 per sqft for 3,298 sqft. It is the only registered sale of the unit.
What is the rent for unit TH8?
AED 200,000 a year on the contract renewed on 21 February 2026. The previous contract, from February 2025, was AED 200,000; the unit has been rented since February 2023.
How big is unit TH8?
3,298 sqft (306.4 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH8 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on TH8, Loreto 1B
Starts from the last sale price (AED 2.28M, 30 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,282,000
- Deposit, UAE resident (20%)
- AED 456,400
- Deposit, non-resident (40%)
- AED 912,800
- Monthly over 25 years at 3.7%
- AED 9,336
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →