3-bed · 3,310 sqftLoreto 3A, Damac Hills · Ground floor · completed 2017

TH1, Loreto 3A

Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH1 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 2.58M17 February 2022
Current rentAED 115K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH1, Loreto 3A

What is TH1 worth today?

Last sold for AED 2,580,340 in 2022

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17 Feb 2022Sold by developerReady
AED 2,580,340AED 779 per sqft
15 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 35 per sqft
15 Jul 2020RentedNew contract
AED 112,000/yr13 months · AED 34 per sqft
28 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
3-bed apartment
Size
3,310 sqft
Floor
Ground of 9
Parking
UP1-10 , UP1-10A
Developer
DAMAC
Completed
2017
Service charge
AED 35,200 /yr
Last sold
AED 2.58M · February 2022
Building
Loreto 3A

About TH1, Loreto 3A

TH1 is a three-bedroom apartment of 3,310 sqft on the ground floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 17 February 2022 for AED 2,580,340, or AED 779 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 August 2021, is AED 115,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 35,200 a year.

3-beds in Loreto 3A, and where TH1 sits

All 4 3-beds →

Over the last 12 months three-beds sold for AED 2,596,573, around AED 915 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jan 20262,596,573
7 Aug 20253,200,000
6 May 20243,123,000
26 Apr 20222,247,000
1 3-bed sale in the last 12 months

Loreto 3A

Building

82 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 1,272
Typical sale
AED 1.13M
Typical rent
AED 75K /yr
Typical yield
7.3%
Loreto 3A, Damac Hills: prices, sales and rents →

Other units on the ground floor

All 82 units in Loreto 3A
Value
TH23-bedAED 2.04M · Jul 2019
TH32-bedAED 1.5M · May 2019
TH42-bedAED 2.7M · Apr 2025

TH1, Loreto 3A in numbers

  • Sold once: by DAMAC on 17 February 2022 for AED 2,580,340, or AED 779 per sqft.
  • Rented since February 2019 on 3 Ejari contracts, from AED 125,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 35,200 a year (AED 10.63 per sqft).
  • Three-beds in Loreto 3A sold for AED 2,596,573–2,596,573 in the 12 months to November 2026; the building's median across all types is AED 1,272 per sqft.

Source: Dubai Land Department. Updated 17 February 2022.

Questions about TH1, Loreto 3A

What did unit TH1 last sell for?

AED 2,580,340 on 17 February 2022, sold by the developer: AED 779 per sqft for 3,310 sqft. It is the only registered sale of the unit.

What is the rent for unit TH1?

AED 115,000 a year on the contract renewed on 15 August 2021. The previous contract, from July 2020, was AED 112,000; the unit has been rented since February 2019.

How big is unit TH1?

3,310 sqft (307.5 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH1 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Loreto 3A sold for AED 2,596,573 to 2,596,573 in the last 12 months, around AED 915 per sqft.

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Mortgage on TH1, Loreto 3A

Starts from the last sale price (AED 2.58M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,340
Deposit, UAE resident (20%)
AED 516,068
Deposit, non-resident (40%)
AED 1,032,136
Monthly over 25 years at 3.7%
AED 10,557

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