TH5, Loreto 2B
Sold prices and rental history: sold once, by the developer in July 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH5, Loreto 2B
What is TH5 worth today?
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Source: Dubai Land Department. Updated 28 July 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 2,550 sqft
- Floor
- Ground of 9
- Parking
- LP1-25 , LP1-36
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 27,100 /yr
- Last sold
- AED 1.53M · July 2019
- Building
- Loreto 2B
About TH5, Loreto 2B
TH5 is a two-bedroom apartment of 2,550 sqft on the ground floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 28 July 2019 for AED 1,532,800, or AED 601 per sqft, 27% below the AED 827 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for TH5 over time
TH5 has sold once; 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 2B, and where TH5 sits
All 16 2-beds →TH5 last sold in July 2019 at AED 601 per sqft, 27% below what two-beds in Loreto 2B were fetching at the time (AED 827).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 May 202530 May 2025 | 1,505 sqft | 2,000,000 | 1,329 | ||
| 23 May 202523 May 2025 | 1,477 sqft | 1,900,000 | 1,286 | ||
| 7 Apr 20247 April 2024 | 1,617 sqft | 1,550,000 | 958 | ||
| 18 Jan 202418 January 2024 | 1,917 sqft | 2,237,000 | 1,167 |
Loreto 2B
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,282
- Typical sale
- AED 1.09M
- Typical rent
- AED 75K /yr
- Typical yield
- 7.3%
Other units on the ground floor
All 83 units in Loreto 2BTH5, Loreto 2B in numbers
- Sold once: by DAMAC on 28 July 2019 for AED 1,532,800, or AED 601 per sqft.
Source: Dubai Land Department. Updated 28 July 2019.
Questions about TH5, Loreto 2B
What did unit TH5 last sell for?
AED 1,532,800 on 28 July 2019, sold by the developer: AED 601 per sqft for 2,550 sqft. It is the only registered sale of the unit.
How big is unit TH5?
2,550 sqft (236.9 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.
Selling TH5? Put it on the OpenOffers board
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Mortgage on TH5, Loreto 2B
Starts from the last sale price (AED 1.53M, 28 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,532,800
- Deposit, UAE resident (20%)
- AED 306,560
- Deposit, non-resident (40%)
- AED 613,120
- Monthly over 25 years at 3.7%
- AED 6,271
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →