TH7, Loreto 3B
Sold prices and rental history: sold twice, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH7, Loreto 3B
What is TH7 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 November 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 3,889 sqft
- Floor
- Ground of 9
- Parking
- UP1-08 , UP1-42
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 41,300 /yr
- Last sold
- AED 2.8M · November 2022
- Building
- Loreto 3B
About TH7, Loreto 3B
TH7 is a three-bedroom apartment of 3,889 sqft on the ground floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 November 2022 for AED 2,800,000, or AED 719 per sqft, in line with the AED 719 three-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 August 2021, is AED 115,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 41,300 a year.
3-beds in Loreto 3B, and where TH7 sits
All 4 3-beds →TH7 last sold in November 2022 at AED 719 per sqft, in line with what three-beds in Loreto 3B were fetching at the time (AED 719).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20241 July 2024 | 3,653 sqft | 3,567,000 | 976 | ||
| 7 Nov 20227 November 2022 | 2,835 sqft | 2,247,140 | 792 | ||
| 15 Sep 201915 September 2019 | 3,251 sqft | 1,878,105 | 577 |
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 3BTH7, Loreto 3B in numbers
- Sold twice: first on 21 April 2022 for AED 2,183,000, last on 9 November 2022 for AED 2,800,000 (AED 719 per sqft).
- Rented since March 2019 on 2 Ejari contracts, from AED 128,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 41,300 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 9 November 2022.
Questions about TH7, Loreto 3B
What did unit TH7 last sell for?
AED 2,800,000 on 9 November 2022: AED 719 per sqft for 3,889 sqft. The unit has 2 registered sales; the first was AED 2,183,000 in April 2022.
What is the rent for unit TH7?
AED 115,000 a year on the contract signed on 1 August 2021. The previous contract, from March 2019, was AED 128,000.
How big is unit TH7?
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 TH7 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling TH7? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on TH7, Loreto 3B
Starts from the last sale price (AED 2.8M, 9 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →