TH2, Loreto 2A
Sold prices and rental history: sold twice, last in March 2024, 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 TH2, Loreto 2A
What is TH2 worth today?
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Source: Dubai Land Department. Updated 22 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,889 sqft
- Floor
- Ground of 9
- Parking
- B-28 , B-28A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 41,300 /yr
- Last sold
- AED 3.3M · March 2024
- Building
- Loreto 2A
About TH2, Loreto 2A
TH2 is a three-bedroom apartment of 3,889 sqft on the ground floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 22 March 2024 for AED 3,300,000, or AED 848 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 135,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 41,300 a year.
Sales and rents for TH2 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Loreto 2A, and where TH2 sits
All 4 3-beds →Over the last 12 months three-beds sold for AED 3,200,000, around AED 1,128 per sqft, and rent for AED 180,000 to 180,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Nov 202519 November 2025 | 2,835 sqft | 3,200,000 | 1,128 | ||
| 8 Mar 20238 March 2023 | 3,653 sqft | 3,627,000 | 992 | ||
| 7 Jun 20227 June 2022 | 3,310 sqft | 2,400,000 | 725 | ||
| 20 Nov 201920 November 2019 | 2,835 sqft | 1,931,280 | 681 |
Loreto 2A
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,040
- Typical sale
- AED 1.22M
- Typical rent
- AED 67K /yr
- Typical yield
- 8.7%
Other units on the ground floor
All 83 units in Loreto 2ATH2, Loreto 2A in numbers
- Sold twice: first on 17 November 2019 for AED 2,038,140, last on 22 March 2024 for AED 3,300,000 (AED 848 per sqft).
- Rented since May 2020 on 4 Ejari contracts, from AED 110,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 41,300 a year (AED 10.63 per sqft).
- Three-beds in Loreto 2A sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,040 per sqft.
Source: Dubai Land Department. Updated 22 March 2024.
Questions about TH2, Loreto 2A
What did unit TH2 last sell for?
AED 3,300,000 on 22 March 2024: AED 848 per sqft for 3,889 sqft. The unit has 2 registered sales; the first was AED 2,038,140 in November 2019.
What is the rent for unit TH2?
AED 135,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 125,000; the unit has been rented since May 2020.
How big is unit TH2?
3,889 sqft (361.3 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH2 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Loreto 2A sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 1,128 per sqft.
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Mortgage on TH2, Loreto 2A
Starts from the last sale price (AED 3.3M, 22 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →