TH4, Loreto 1A
Sold prices and rental history: sold twice, last in October 2023, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH4, Loreto 1A
What is TH4 worth today?
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Source: Dubai Land Department. Updated 31 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,555 sqft
- Floor
- Ground of 9
- Parking
- UP1-22 , UP1-44
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.85M · October 2023
- Building
- Loreto 1A
About TH4, Loreto 1A
TH4 is a two-bedroom apartment of 2,555 sqft on the ground floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 31 October 2023 for AED 2,850,000, or AED 1,115 per sqft, 18% above the AED 943 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 February 2019. The current contract, signed on 15 February 2019, is AED 110,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 35,300 a year.
Sales and rents for TH4 over time
TH4 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 1A, and where TH4 sits
All 10 2-beds →TH4 last sold in October 2023 at AED 1,115 per sqft, 18% above what two-beds in Loreto 1A were fetching at the time (AED 943).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20238 May 2023 | 2,560 sqft | 1,880,000 | 734 | ||
| 16 Mar 202316 March 2023 | 1,421 sqft | 1,339,999 | 943 | ||
| 7 Sep 20227 September 2022 | 2,209 sqft | 1,911,000 | 865 | ||
| 8 Jun 20218 June 2021 | 1,262 sqft | 1,210,000 | 958 |
Loreto 1A
Building84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,287
- Typical sale
- AED 650K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.4%
Other units on the ground floor
All 84 units in Loreto 1ATH4, Loreto 1A in numbers
- Sold twice: first on 25 March 2022 for AED 2,032,000, last on 31 October 2023 for AED 2,850,000 (AED 1,115 per sqft).
- Rented since February 2019 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 35,300 a year (AED 13.82 per sqft).
Source: Dubai Land Department. Updated 31 October 2023.
Questions about TH4, Loreto 1A
What did unit TH4 last sell for?
AED 2,850,000 on 31 October 2023: AED 1,115 per sqft for 2,555 sqft. The unit has 2 registered sales; the first was AED 2,032,000 in March 2022.
What is the rent for unit TH4?
AED 110,000 a year on the contract signed on 15 February 2019.
How big is unit TH4?
2,555 sqft (237.4 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit TH4 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 TH4, Loreto 1A
Starts from the last sale price (AED 2.85M, 31 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →