TH8, Loreto 3B
Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH8, Loreto 3B
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Source: Dubai Land Department. Updated 20 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 3,251 sqft
- Floor
- Ground of 9
- Parking
- UP1-09 , UP1-09A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 34,600 /yr
- Last sold
- AED 1.88M · September 2019
- Building
- Loreto 3B
About TH8, Loreto 3B
TH8 is a three-bedroom apartment of 3,251 sqft on the ground floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 15 September 2019 for AED 1,878,105, or AED 577 per sqft.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 150,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 34,600 a year.
3-beds in Loreto 3B, and where TH8 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20241 July 2024 | 3,653 sqft | 3,567,000 | 976 | ||
| 9 Nov 20229 November 2022 | 3,889 sqft | 2,800,000 | 719 | ||
| 7 Nov 20227 November 2022 | 2,835 sqft | 2,247,140 | 792 | ||
| 21 Apr 202221 April 2022 | 3,889 sqft | 2,183,000 | 561 |
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 3BTH8, Loreto 3B in numbers
- Sold once: by DAMAC on 15 September 2019 for AED 1,878,105, or AED 577 per sqft.
- Rented since August 2019 on 3 Ejari contracts, from AED 156,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2019 price is 8.0%, before a service charge of about AED 34,600 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 20 October 2022.
Questions about TH8, Loreto 3B
What did unit TH8 last sell for?
AED 1,878,105 on 15 September 2019, sold by the developer: AED 577 per sqft for 3,251 sqft. It is the only registered sale of the unit.
What is the rent for unit TH8?
AED 150,000 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 150,000; the unit has been rented since August 2019.
How big is unit TH8?
3,251 sqft (302.0 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH8 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 TH8, Loreto 3B
Starts from the last sale price (AED 1.88M, 15 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,878,105
- Deposit, UAE resident (20%)
- AED 375,621
- Deposit, non-resident (40%)
- AED 751,242
- Monthly over 25 years at 3.7%
- AED 7,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →