TH5, Loreto 3B
Sold prices and rental history: sold twice, last in June 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH5, Loreto 3B
What is TH5 worth today?
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Source: Dubai Land Department. Updated 5 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,550 sqft
- Floor
- Ground of 9
- Parking
- UP1-06 , UP1-40
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 27,100 /yr
- Last sold
- AED 1.55M · June 2021
- Building
- Loreto 3B
About TH5, Loreto 3B
TH5 is a two-bedroom apartment of 2,550 sqft on the ground floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 6 June 2021 for AED 1,550,000, or AED 607 per sqft.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 5 August 2021, is AED 82,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 27,100 a year.
Sales and rents for TH5 over time
TH5 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 3B, and where TH5 sits
All 19 2-beds →Over the last 12 months two-beds sold for AED 1,600,000 to 2,800,000, around AED 1,120 per sqft, and rent for AED 100,000 to 150,000 a year. TH5's AED 82,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 1,477 sqft | 1,600,000 | 1,083 | ||
| 11 Dec 202511 December 2025 | 2,420 sqft | 2,800,000 | 1,156 | ||
| 25 Nov 202425 November 2024 | 1,505 sqft | 1,820,000 | 1,209 | ||
| 17 Sep 202417 September 2024 | 1,695 sqft | 2,100,000 | 1,239 |
Loreto 3B
Building84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,156
- Typical sale
- AED 1.25M
- Typical rent
- AED 74K /yr
- Typical yield
- 7.8%
Other units on the ground floor
All 84 units in Loreto 3BTH5, Loreto 3B in numbers
- Sold twice: first on 8 July 2019 for AED 1,525,800, last on 6 June 2021 for AED 1,550,000 (AED 607 per sqft).
- Rented since June 2019 on 3 Ejari contracts, from AED 100,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 27,100 a year (AED 10.63 per sqft).
- Two-beds in Loreto 3B sold for AED 1,600,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.
Source: Dubai Land Department. Updated 5 August 2021.
Questions about TH5, Loreto 3B
What did unit TH5 last sell for?
AED 1,550,000 on 6 June 2021: AED 607 per sqft for 2,550 sqft. The unit has 2 registered sales; the first was AED 1,525,800 in July 2019.
What is the rent for unit TH5?
AED 82,000 a year on the contract signed on 5 August 2021. The previous contract, from August 2020, was AED 82,000; the unit has been rented since June 2019.
How big is unit TH5?
2,550 sqft (236.9 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH5 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 3B sold for AED 1,600,000 to 2,800,000 in the last 12 months, around AED 1,120 per sqft.
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Mortgage on TH5, Loreto 3B
Starts from the last sale price (AED 1.55M, 6 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →