TH5, Loreto 1B
Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH5, Loreto 1B
What is TH5 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,555 sqft
- Floor
- Ground of 9
- Parking
- T2-B-27 , T2-B-27A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.45M · February 2025
- Building
- Loreto 1B
About TH5, Loreto 1B
TH5 is a two-bedroom apartment of 2,555 sqft on the ground floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 25 February 2025 for AED 2,450,000, or AED 958 per sqft, in line with the AED 958 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 50,000 a year: a gross yield of 2.0% on the 2025 price, before the service charge of about AED 35,300 a year.
Sales and rents for TH5 over time
TH5 has sold 3 times; 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 1B, and where TH5 sits
All 12 2-beds →TH5 last sold in February 2025 at AED 958 per sqft, in line with what two-beds in Loreto 1B were fetching at the time (AED 958).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 1,262 sqft | 1,650,000 | 1,307 | ||
| 20 Aug 202420 August 2024 | 1,421 sqft | 1,850,000 | 1,302 | ||
| 31 Jul 202431 July 2024 | 2,209 sqft | 1,970,000 | 891 | ||
| 10 Nov 202210 November 2022 | 1,527 sqft | 1,902,000 | 1,245 |
Loreto 1B
Building84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,383
- Typical sale
- AED 1.01M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.3%
Other units on the ground floor
All 84 units in Loreto 1BTH5, Loreto 1B in numbers
- Sold 3 times: first on 18 November 2019 for AED 1,903,000, last on 25 February 2025 for AED 2,450,000 (AED 958 per sqft).
- Rented since December 2021 on 3 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 2.0%, before a service charge of about AED 35,300 a year (AED 13.82 per sqft).
Source: Dubai Land Department. Updated 25 February 2025.
Questions about TH5, Loreto 1B
What did unit TH5 last sell for?
AED 2,450,000 on 25 February 2025: AED 958 per sqft for 2,555 sqft. The unit has 3 registered sales; the first was AED 1,903,000 in November 2019.
What is the rent for unit TH5?
AED 50,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since December 2021.
How big is unit TH5?
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 TH5 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 TH5, Loreto 1B
Starts from the last sale price (AED 2.45M, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →