3-bed · 3,310 sqftLoreto 2A, Damac Hills · Ground floor · completed 2017

TH1, Loreto 2A

Sold prices and rental history: sold twice, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit TH1 · DLD and Ejari recordsUpdated 7 June 2022

Last soldAED 2.4M7 June 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for TH1, Loreto 2A

Today

What is TH1 worth today?

Last sold for AED 2,400,000 in 2022

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7 Jun 2022

7 Jun 2022SoldReady

AED 2,400,000AED 725 per sqft

17 Nov 2019

17 Nov 2019Sold by developerReady

AED 2,355,000AED 711 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type: 3-bed apartment
Size: 3,310 sqft
Floor: Ground of 9
Parking: B-27 , B-27A
Developer: DAMAC
Completed: 2017
Service charge: AED 35,200 /yr
Last sold: AED 2.4M · June 2022
Building: Loreto 2A

About TH1, Loreto 2A

TH1 is a three-bedroom apartment of 3,310 sqft on the ground floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 June 2022 for AED 2,400,000, or AED 725 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in Loreto 2A, and where TH1 sits

All 3 3-beds →

3-beds in Loreto 2A · last 12 months1,128 /sqft Loreto 2A · all types1,264 /sqft

Over the last 12 months three-beds sold for AED 3,200,000, around AED 1,128 per sqft.

Recent 3-bed sales	Size	Price (AED)	Per sqft
22 Mar 202422 March 2024	3,889 sqft	3,300,000	848
8 Mar 20238 March 2023	3,653 sqft	3,627,000	992
17 Nov 201917 November 2019	3,889 sqft	2,038,140	524

1 3-bed sale in the last 12 months

Loreto 2A

Building

83 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 1,264
Typical sale: AED 2.19M
Typical rent: AED 70K /yr
Typical yield: 7.7%

Loreto 2A, Damac Hills: prices, sales and rents →

Other units on the ground floor

All 83 units in Loreto 2A


TH2	3-bed	3,889 sqft	AED 3.3MAED 3,300,000 · Mar 2024March 2024	135,000 /yr
TH3	2-bed	2,554 sqft	AED 2.06MAED 2,062,000 · Mar 2023March 2023	101,705 /yr
TH4	2-bed	2,550 sqft	AED 3MAED 3,000,000 · May 2025May 2025	225,000 /yr

TH1, Loreto 2A in numbers

Sold twice: first on 17 November 2019 for AED 2,355,000, last on 7 June 2022 for AED 2,400,000 (AED 725 per sqft).
Three-beds in Loreto 2A sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,264 per sqft.

Source: Dubai Land Department. Updated 7 June 2022.

Questions about TH1, Loreto 2A

What did unit TH1 last sell for?

AED 2,400,000 on 7 June 2022: AED 725 per sqft for 3,310 sqft. The unit has 2 registered sales; the first was AED 2,355,000 in November 2019.

How big is unit TH1?

3,310 sqft (307.5 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit TH1 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Loreto 2A sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 1,128 per sqft.

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Mortgage on TH1, Loreto 2A

Starts from the last sale price (AED 2.4M, 7 June 2022). Switch to today's estimate once you have unlocked it.

Price: AED 2,400,000
Deposit, UAE resident (20%): AED 480,000
Deposit, non-resident (40%): AED 960,000
Monthly over 25 years at 3.7%: AED 9,819

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →