Damac Hills - LORETO 3 - B
A 1 bed in Damac Hills - LORETO 3 - B costs a median AED 1.10M, rents long-let for AED 80,000/yr (7.27% gross), and returns 9.11% short-let at the assumed 80% occupancy — +0.1 pts vs Damac Hills's 7.14% and +0.3 pts vs Dubai's 6.97% — from 9 sales and 142 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 2 in 12 months
- Rental contracts · 1 bed
- 74 in 12 months
- Buy
- 1.10MAED
- AED 1,217/sqft
- Long-let
- 7.27%
- AED 80,000/yr
- Short-let
- 9.11%
- AED 468/night · 0.52/sqft
Priced off the last 5 sales — most recent February 2026.
- Yield spread
- +0.1 pts
- vs the Damac Hills median for this unit type
- Turnover upside
- +16.3%
- new tenants pay more than sitting ones — 147 renewals
- AED/yr/sqft
- AED 93
- Sales
- 9
- Rental contracts
- 142
- Renewal rent
- AED 68,815/yr
- 12 months
- +20.3%
- 3 years
- +44.9%+13.2%/yr
- 5 years
- +40.7%+7.1%/yr
Based on 9 sales and 142 rental contracts in the last 24 months. Rental data covers the whole DAMAC Hills - Loreto project, not this tower alone.
Damac Hills - LORETO 3 - B is an apartment building in Damac Hills, Dubai, one of the towers in the DAMAC Hills - Loreto development. The nearest landmark Motor City. Land Department records for it run from 2015 to 2026, 170 registered sales in all — the 9 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Damac Hills - LORETO 3 - B, by year.
Chart data: Jan 2015, 1420 AED/sqft; latest, Jul 2026, 1165 AED/sqft; peak, Jan 2015, 1420 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Damac Hills median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Damac Hills - LORETO 3 - B
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Damac Hills - LORETO 3 - B between 2014 and 2018 went for a median of AED 1,334/sqft (AED 1.03M). The same building resells today at AED 1,197/sqft (AED 1.05M) — an uplift of +1.7%.
Based on 56 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
6 resales in the last 12 months, against 9 a year on average over 2023–2025.
Sales
2 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Landmark
- Motor City
Compare with nearby buildings
The most-traded buildings in DAMAC Hills - Loreto, on the same figures over the same window.
- Highest rental yields in Damac Hills · Damac Hills - LORETO 3 - B places 32nd of 36
Common questions
- What is the rental yield in Damac Hills - LORETO 3 - B?
- Damac Hills - LORETO 3 - B returns 7.27% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 142 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Damac Hills - LORETO 3 - B cost?
- The median registered sale price is AED 1.10M (1,217 AED/sqft), from 9 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in Damac Hills - LORETO 3 - B risen or fallen?
- Median price per square foot moved +20.3% over the last 12 months against the 12 before it, on 9 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Damac Hills - LORETO 3 - B compare with Damac Hills?
- Its 7.27% gross yield sits +0.1 pts against the Damac Hills median of 7.14%, computed at the same bedroom grain over the same 24-month window.
- Does Damac Hills - LORETO 3 - B earn more short-let than long-let?
- A night asks a median of AED 468, which models to 9.11% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.27% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Damac Hills - LORETO 3 - B sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 9 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/damac-hills/damac-hills-loreto-3-b
Cite as: Dubai Wealth Index. “Damac Hills - LORETO 3 - B sale prices and yield.” Damac Hills, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/damac-hills/damac-hills-loreto-3-b.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.