Damac Hills - LORETO 3 - A
- Completed 2017
- Master developer Damac Properties
A 1 bed in Damac Hills - LORETO 3 - A costs a median AED 1.24M, rents long-let for AED 80,000/yr (6.4% gross), and returns 5.9% short-term at the assumed 70% occupancy.
1 bed · typical price
1.24MAED
AED 1,431/sqft
- Rent a year
- AED 80,000
- Gross yield
- 6.4%
- vs DAMAC Hills
- 8% above the median
Cost to buy, all inAED 1.32M
- Price
- AED 1.24M
- DLD fee 4%
- AED 49,700
- Agent 2% + VAT
- AED 26,093
- Trustee
- AED 4,200
Fees repaid by rent12 months
Is Damac Hills - LORETO 3 - A a good investment?Little new supply nearby, with nothing to watch
- Does it pay a good rent?6.4% gross, before the service charge (not on file) (Dubai median 6.8%)6.4%Fair
- Are rents going up?New 1 bed leases: AED 80,000 a year ago, AED 80,000 now (pooled across the project)0.0%
- Are prices going up?All types: AED 1,254/sqft a year ago, 1,272 now+1.4%Fair
- How fast do fees pay back?AED 79,993 in fees to buy a 1 bed; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?8 sales in 12 months (12 the year before)8
- Is a lot being built nearby?479 apartments are planned in DAMAC Hills from 2026 to 2028, equal to 16% of the 2,997 homes let there today. DAMAC Hills supply by year →16%Strength
- Did earlier buyers gain?Up 50% for buyers 5 years ago; launch buyers still 11% down, before fees+50.0%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Damac Hills - LORETO 3 - A prices and rents by unit typeA one-bed costs about AED 1.24M and rents for about AED 80,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · DAMAC Hills · area median AED 1,327/sqft
- vs area median
- +7.8%
- Rank by price per sqft
- 10th of 28
- Off-plan price gain, 2014–2017
- +8.0% · +0.7%/yr
Rental income
1 bed · DAMAC Hills
- Gross yield
- 6.4%
- Median new rent
- AED 80,000/yr
- Yield vs area median
- -0.8 pts
- Yield vs Dubai (6.8%)
- -0.3 pts
- Yield rank
- 21st of 22
- Renewal rent
- AED 72,750/yr
- New tenants pay vs sitting (72 renewals)
- +10.0%
Short-term income
1 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 406
- Net revenue
- AED 72,985/yr
- vs long-let rent
- 0.9×
- Listings seen
- 1+
Read with care
- Rental data covers the whole DAMAC Hills - Loreto project, not this tower alone.
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Aug 2014, AED 1,152,825; latest, Sep 2026, AED 1,100,000; peak, Jul 2023, AED 1,378,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,272 · before fees
- Launch, 2014–18
- 1,437
- −11%
- 41 sales
- 5 years ago
- 848
- +50%
- 6 sales
- 3 years ago
- 983
- +29%
- 10 sales
- Previous 12 months
- 1,254
- +1%
- 12 sales
- Last 12 months
- 1,272
- today
- 8 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
8 resales in the last 12 months, against 11 a year on average over 2023–2025.
8 resales in the last 12 months.
Short-term rates around Damac Hills - LORETO 3 - A
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Nightly rate through the yearNightly rate through the year
Comparables in DAMAC Hills
Every DAMAC Hills building with a page, ranked by price per sqft over the same 12 months, all unit types. Damac Hills - LORETO 3 - A places 31st of 44; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Damac Hills - LORETO 3 - A (AED 1,272/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Damac Hills - LORETO 3 - A has registered sale prices 8% above the DAMAC Hills median price per square foot of 1,327 AED, across 28 eligible buildings. It ranks 10th of 28 by price per square foot and 21st of 22 by gross yield in DAMAC Hills.
Market context in DAMAC Hills
Registered sales activity
500 ready apartment sales in the 12 months to 2026-10-12.
+6.1% in median AED/sqft versus the preceding year, supported by 500 current and 812 prior price observations.
Explore sales activityPlanned apartment projects
479 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
479 apartments are planned in DAMAC Hills from 2026 to 2028, equal to 16% of the 2,997 homes let there today.
Ready prices per sqft fell in 31% of 16 buildings (counted once per bedroom type) in DAMAC Hills with sales in both years; the typical one moved +3.0%.
The pooled median moved +6.1%: 3.1 points more than the typical building, because different buildings traded in each year.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Loreto towers
6 towers in DAMAC Hills - Loreto, at the bedroom type above.
Ejari files DAMAC Hills - Loreto’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
DAMAC Hills: every development at this typeDAMAC Hills: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About Damac Hills - LORETO 3 - A
Damac Hills - LORETO 3 - A is an apartment building completed in 2017 by Damac Properties in DAMAC Hills. 92 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Damac Properties
Drive times · typical
- Downtown
- 28 min · 28 km
- DXB Airport
- 30 min · 36 km
- DIFC
- 26 min · 31 km
- Dubai Marina
- 22 min · 20 km
- Palm Jumeirah
- 28 min · 24 km
Nearest, as registered
- Landmark
- Motor City
Damac Hills - LORETO 3 - A: AED 1,272 per sq ft, 3% below the median DAMAC Hills building, and a 6.6% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Damac Hills - LORETO 3 - AAED 1,272
- DAMAC Hills, readyAED 1,342
- DAMAC Hills, off-planAED 1,805
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Damac Hills - LORETO 3 - ADAMAC Hills median building
- DAMAC Hills6.6% vs 7.2%
More from Damac Properties
DAMAC District Tower A
DAMAC Hills · 392 sales, 12 months
1.31M
AED, resale median · 1,820/sqft
DAMAC District Tower B
DAMAC Hills · 297 sales, 12 months
1.18M
AED, resale median · 1,829/sqft
DAMAC Riverside Views - Azure 2 -A
Dubai Investment Park 2 · 163 sales, 12 months
1.08M
AED, resale median · 1,447/sqft
DAMAC Riverside Views - Azure 2 -E
Dubai Investment Park 2 · 160 sales, 12 months
1.08M
AED, resale median · 1,446/sqft
Nearby in DAMAC Hills
Prices per sq ft around Damac Hills - LORETO 3 - A, on the mapPrices per sq ft around Damac Hills - LORETO 3 - A, on the map
Damac Hills - LORETO 1 - A
DAMAC Hills · 12 sales, 12 months
884,000
AED, resale median · 1,274/sqft
Damac Hills - LORETO 1 - B
DAMAC Hills · 10 sales, 12 months
1.10M
AED, resale median · 1,342/sqft
Damac Hills - LORETO 2 - B
DAMAC Hills · 7 sales, 12 months
1.05M
AED, resale median · 1,233/sqft
Damac Hills - LORETO 3 - B
DAMAC Hills · 6 sales, 12 months
1.30M
AED, resale median · 1,150/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedRead with care
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Damac Hills - LORETO 3 - A’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 5,525AED
- 4.5% over 25 years
- Monthly rent
- 6,667AED
- AED 80,000 a year
- Cash needed at purchase
- 343,918AED
- 20% down plus AED 95,418 in fees
Owning costs AED 287,597 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Damac Hills - LORETO 3 - A?
- Damac Hills - LORETO 3 - A returns 6.4% gross: a median new-contract rent of AED 80,000 a year (73 Ejari contracts in 12 months) over a price benchmark of AED 1.24M (median of 4 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Damac Hills - LORETO 3 - A cost?
- The median registered sale price is AED 1.24M (1,431 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does Damac Hills - LORETO 3 - A compare with DAMAC Hills?
- Its 6.4% gross yield sits -0.8 pts against the DAMAC Hills median of 7.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in Damac Hills - LORETO 3 - A?
- The median new annual rent is AED 80,000, from 73 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Damac Hills - LORETO 3 - A risen or fallen?
- The median new annual rent changed 0.0% in the trailing 12 months against the previous 12, using 73 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
For agents
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Damac Hills - LORETO 3 - A sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/damac-hills/damac-hills-loreto-3-a
Cite as: Dubai Wealth Index. “Damac Hills - LORETO 3 - A sale prices and yield.” DAMAC Hills, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/damac-hills/damac-hills-loreto-3-a
Stable dataJSON