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Damac Hills - LORETO 3 - B

A studio in Damac Hills - LORETO 3 - B costs a median AED 622,500 and rents long-let for AED 45,000/yr.

Satellite view of Damac Hills - LORETO 3 - B, DAMAC Hills, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

622,500AED

AED 1,108/sqft

Rent a year
AED 45,000
vs DAMAC Hills
11% below the median
Cost to buy, all inAED 664,673
Price
AED 622,500
DLD fee 4%
AED 24,900
Agent 2% + VAT
AED 13,073
Trustee
AED 4,200

Fees repaid by rent11 months

Against this building’s registered sales of the same type.

Ask about Damac Hills - LORETO 3 - B →

Is Damac Hills - LORETO 3 - B a good investment?Little new supply nearby; the rent pays below the Dubai median and prices are slipping

  1. Does it pay a good rent?5.8% gross, before the service charge (not on file) (Dubai median 6.8%)5.8%Watch
  2. Are rents going up?New studio leases: AED 47,000 a year ago, AED 45,000 now (pooled across the project)-4.3%
  3. Are prices going up?All types: AED 1,210/sqft a year ago, 1,150 now-5.0%Watch
  4. How fast do fees pay back?AED 42,173 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
  5. Can I sell easily?6 sales in 12 months (11 the year before)6
  6. 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
  7. Did earlier buyers gain?Up 27% for buyers 5 years ago; launch buyers still 19% down, before fees+26.7%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Damac Hills - LORETO 3 - B prices and rents by unit typeA studio costs about AED 622,500 and rents for about AED 45,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 622,5001,108/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
1 bedAED 1.32M1,404/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
2 bedAED 2.20M1,120/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · DAMAC Hills · area median AED 1,249/sqft

Rental income

Studio · DAMAC Hills

Renewal rent
AED 44,500/yr

Read with care

  • Rental data covers the whole DAMAC Hills - Loreto project, not this tower alone.
  • Thin sample — 2 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Aug 2014, AED 603,488; latest, Jul 2026, AED 605,000; peak, Jul 2018, AED 805,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,150 · before fees

Launch, 2014–18
1,413
−19%
5 years ago
907
+27%
3 years ago
958
+20%
Previous 12 months
1,210
−5%
Last 12 months
1,150
today

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.

6 resales in the last 12 months, against 9 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
27 Jul 20262 bed1,477AED 1,600,0001,083
15 Jul 2026Studio530AED 605,0001,142
13 Feb 20261 bed830AED 1,010,0001,217
24 Dec 20251 bed1,021AED 1,624,0001,591
11 Dec 20252 bed2,420AED 2,800,0001,157
11 Nov 2025Studio596AED 640,0001,074

6 resales in the last 12 months.

Short-term rates around Damac Hills - LORETO 3 - B

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 4+ listings seen4680.50/sqftAED 85,195AED 80,0001.1×—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly 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 - B places 42nd of 44; the nearest 6 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
38Golf Promenade 3 - BCompleted 2019 · off-plan 1,251/sqftAED 1.01M1,211+5.4%7.4%+0.7%7
39DAMAC Hills - Artesia Tower BCompleted 2021 · off-plan 1,492/sqftAED 1.07M1,197+4.1%5.1%+0.4%13
40DAMAC Hills - Golf Panorama - Tower BCompleted 2015 · off-plan 1,200/sqftAED 847,5001,174+2.1%8.8%-3.3%8
41Golf Promenade 2 - ACompleted 2019 · off-plan 1,453/sqftAED 737,5001,152+0.2%10.2%-4.0%10
42Damac Hills - LORETO 3 - B · this buildingCompleted 2017 · off-plan 1,334/sqftAED 1.30M1,1505.8%-5.0%6
43DAMAC Hills - Orchid BCompleted 2018 · off-plan 1,315/sqftAED 590,0001,1500.0%11.9%-12.5%11
44Damac Hills - LORETO 2 - ACompleted 2017 · off-plan 1,325/sqftAED 1.18M1,129-1.8%6.4%—3

Rank 1 is the dearest per square foot. Differences are against Damac Hills - LORETO 3 - B (AED 1,150/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Damac Hills - LORETO 3 - B has registered sale prices 11% below the DAMAC Hills median price per square foot of 1,249 AED, across 19 eligible buildings.

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Damac Hills - LORETO 3 - B

Direct 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.

TowerPriceAED/sqftRent a yearGross yield
Damac Hills - LORETO 1 - AAED 610,0006 sales1,249AED 45,000project pool7.4%
Damac Hills - LORETO 1 - B—2 sales, too few—AED 45,000project pool—
Damac Hills - LORETO 2 - A—none—AED 45,000project pool—
Damac Hills - LORETO 2 - BAED 600,0003 sales1,112AED 45,000project pool7.5%
Damac Hills - LORETO 3 - AAED 570,0003 sales1,182AED 45,000project pool7.9%
Damac Hills - LORETO 3 - B · this building—2 sales, too few—AED 45,000project pool—

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 type
DevelopmentRent a yearPriceAED/sqftGross yield
DAMAC Hills11 developments, pooledAED 45,000781 contractsAED 580,000211 sales1,3447.8%
Artesia4 towers · rent filed for the projectAED 50,00092 contractsAED 610,00035 sales1,3138.2%
Carson3 towers · rent filed for the projectAED 44,000466 contractsAED 555,000108 sales1,3827.9%
Golf Horizon2 towers · rent filed for the projectAED 47,00015 contractsAED 570,0006 sales1,2138.2%
Golf Panorama2 towers · rent filed for the projectAED 52,00017 contractsAED 632,5006 sales1,1188.2%
Golf Promenade8 towers · rent filed for the projectAED 46,00077 contractsAED 600,00015 sales1,2117.7%
Golf Terrace2 towers · rent filed for the projectAED 52,5005 contractsAED 650,0005 sales1,2648.1%
Golf Veduta2 towers · rent filed for the projectAED 50,0007 contractsAED 617,5004 sales1,2738.1%
Golf Vista2 towers · rent filed for the projectAED 46,00019 contracts—2 sales, too few——
Jasmine2 towers · rent filed for the projectAED 45,00016 contractsAED 600,0005 sales1,2137.5%
Loreto · this development6 towers · rent filed for the projectAED 45,00053 contractsAED 602,50016 sales1,1817.5%
Orchid2 towers · rent filed for the projectAED 45,00014 contractsAED 585,0009 sales1,3407.7%
DAMAC District2 towers—noneAED 799,340100 sales1,861—
All of DAMAC Hillsevery building, in a project or notAED 45,000781 contractsAED 610,000311 sales1,4317.4%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. 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 - B

Damac Hills - LORETO 3 - B is an apartment building completed in 2017 by Damac Properties in DAMAC Hills. 85 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

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 - B: AED 1,150 per sq ft, 12% below the median DAMAC Hills building, and a 5.8% 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

  1. Damac Hills - LORETO 3 - BAED 1,150
  2. DAMAC Hills, readyAED 1,342
  3. DAMAC Hills, off-planAED 1,805
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Damac Hills - LORETO 3 - BDAMAC Hills median building

  1. DAMAC Hills5.8% vs 7.2%
Line: the 10th to 90th percentile of 36 buildings in DAMAC Hills. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in DAMAC Hills, by handover quarter

More from Damac Properties

Prices per sq ft around Damac Hills - LORETO 3 - B, on the map
Pills show median sale price, AED. 41 buildings pinned from Google place records and Apple geocoding · Damac Hills - LORETO 3 - B is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Damac Hills - LORETO 3 - B’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More 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
2,768AED
4.5% over 25 years
Monthly rent
3,750AED
AED 45,000 a year
Cash needed at purchase
175,898AED
20% down plus AED 51,398 in fees

Owning costs AED 166,613 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Damac Hills - LORETO 3 - B

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Common questions

What is the rental yield in Damac Hills - LORETO 3 - B?
No gross yield is published for Damac Hills - LORETO 3 - B as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 2 registered sales and 53 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The DAMAC Hills median is 7.9% gross.
How much does a studio in Damac Hills - LORETO 3 - B cost?
The median registered sale price is AED 622,500 (1,108 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What is the registered annual rent for a studio in Damac Hills - LORETO 3 - B?
The median new annual rent is AED 45,000, from 53 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 - B risen or fallen?
The median new annual rent changed -4.3% in the trailing 12 months against the previous 12, using 53 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.
How many apartments change hands in Damac Hills - LORETO 3 - B?
2 sales were registered with the Dubai Land Department in the last 12 months, alongside 53 Ejari rental contracts. Every median on this page rests on those counts.

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Damac Hills - LORETO 3 - B sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
2 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-b
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Damac Hills - LORETO 3 - B sale prices and yield.” DAMAC Hills, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/damac-hills/damac-hills-loreto-3-b

Stable dataJSON