2-bed · 2,554 sqftLoreto 3A, Damac Hills · Ground floor · completed 2017

TH3, Loreto 3A

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH3 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 1.5M15 May 2019
Current rentAED 160K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH3, Loreto 3A

What is TH3 worth today?

Last sold for AED 1,497,600 in 2019

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20 Jun 2026RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
1 May 2025RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
1 May 2025RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
1 May 2024RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
15 Feb 2023RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
25 Jan 2022RentedRenewal
AED 110,000/yr12 months · AED 43 per sqft
23 Jan 2021RentedNew contract
AED 96,000/yr12 months · AED 38 per sqft
15 May 2019Sold by developerReady
AED 1,497,600AED 586 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
2-bed apartment
Size
2,554 sqft
Floor
Ground of 9
Parking
B-27 , B-27A
Developer
DAMAC
Completed
2017
Service charge
AED 27,100 /yr
Last sold
AED 1.5M · May 2019
Building
Loreto 3A

About TH3, Loreto 3A

TH3 is a two-bedroom apartment of 2,554 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 15 May 2019 for AED 1,497,600, or AED 586 per sqft, 41% below the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 20 June 2026, is AED 160,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 27,100 a year.

Sales and rents for TH3 over time

Sales
Unit TH3, each saleTypical two-bed in Loreto 3A
2M2017202020232026Typical sale price by year: 2017 AED 1,768,500; 2019 AED 1,581,000; 2021 AED 1,325,000; 2022 AED 1,636,000; 2025 AED 2,700,000Sold by developer, May 2019: AED 1,497,600 (AED 586 per sqft)

TH3 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH3, each contractTypical two-bed in Loreto 3A
100K150K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 85,000; 2020 AED 84,000; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 149,000New contract, January 2021: AED 96,000 a yearRenewal, January 2022: AED 110,000 a yearNew contract, February 2023: AED 170,000 a yearNew contract, May 2024: AED 170,000 a yearRenewal, May 2025: AED 170,000 a yearRenewal, May 2025: AED 170,000 a yearNew contract, June 2026: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 3A, and where TH3 sits

All 18 2-beds →

TH3 last sold in May 2019 at AED 586 per sqft, 41% below what two-beds in Loreto 3A were fetching at the time (AED 990). TH3's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20251,900,000
5 Apr 20252,700,000
24 Jan 20252,975,000
9 Aug 20241,795,000
0 2-bed sales 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
TH13-bedAED 2.58M · Feb 2022
TH23-bedAED 2.04M · Jul 2019
TH42-bedAED 2.7M · Apr 2025

TH3, Loreto 3A in numbers

  • Sold once: by DAMAC on 15 May 2019 for AED 1,497,600, or AED 586 per sqft.
  • Rented since January 2021 on 7 Ejari contracts, from AED 96,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 27,100 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 20 June 2026.

Questions about TH3, Loreto 3A

What did unit TH3 last sell for?

AED 1,497,600 on 15 May 2019, sold by the developer: AED 586 per sqft for 2,554 sqft. It is the only registered sale of the unit.

What is the rent for unit TH3?

AED 160,000 a year on the contract signed on 20 June 2026. The previous contract, from May 2025, was AED 170,000; the unit has been rented since January 2021.

How big is unit TH3?

2,554 sqft (237.3 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH3 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 TH3, Loreto 3A

Starts from the last sale price (AED 1.5M, 15 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,497,600
Deposit, UAE resident (20%)
AED 299,520
Deposit, non-resident (40%)
AED 599,040
Monthly over 25 years at 3.7%
AED 6,127

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