PropertyIndex

Loreto

Completed · Q4 2017|504 units · 6 buildings

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Loreto is a completed apartment development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 504 registered units. 747 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,211 per sqft. At AED 1,211 per sqft, Loreto prices 24% below the Damac Hills average of AED 1,599 per sqft on registered sales.

PIX© price · 4.2% YoY
1.36MAED
Typical
1,211AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
747
DLD · all time
Rent contracts
2,199
Ejari · all time
Loreto

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
321 – 3,907 sqft
5041.36M1,2114.2%81K5.9%
Studio · Apartment
321 – 641 sqft
144
1 Bed · Apartment
777 – 1,394 sqft
224
2 Bed · Apartment
1,262 – 2,560 sqft
102
3 Bed · Apartment
1,619 – 3,907 sqft
34
Sales — Project-Wide747 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 115 sales
Floors 3-4 · 32 sales
Floors 5-9 · 83 sales
Damac Hills - Loreto 2 - B · 15 sales
Floors 3-4
Floors 5-9 · 11 sales
Damac Hills - Loreto 1 - B · 24 sales
Floors 3-4 · 11 sales
Floors 5-9 · 13 sales
Damac Hills - Loreto 3 - A · 17 sales
Floors 3-4
Floors 5-9 · 12 sales
Damac Hills - Loreto 1 - A · 25 sales
Floors 3-4
Floors 5-9 · 20 sales
Damac Hills - Loreto 2 - A · 15 sales
Floors 3-4
Floors 5-9 · 15 sales
Damac Hills - Loreto 3 - B · 19 sales
Floors 3-4
Floors 5-9 · 12 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
5 Aug 20261 BedDamac Hills - Loreto 1 - A · Floor 78321,000,0001,203+17.6%Entry LevelStandard Sale
27 Jul 20262 BedDamac Hills - Loreto 3 - B · Floor 31,4771,600,0001,083-5.8%StandardStandard Sale
15 Jul 2026StudioDamac Hills - Loreto 3 - B · Floor 4530605,0001,142-23.2%Entry LevelStandard Sale
Rentals — Project-Wide2,199 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 560 rentals
Floor 3 · 65 rentals
Floors 4-7 · 365 rentals
Floors 8-9 · 130 rentals
Damac Hills - Loreto 1 - B · 83 rentals
Floor 3 · 8 rentals
Floors 4-7 · 58 rentals
Floors 8-9 · 17 rentals
Damac Hills - Loreto 3 - B · 96 rentals
Floor 3 · 9 rentals
Floors 4-7 · 65 rentals
Floors 8-9 · 22 rentals
Damac Hills - Loreto 2 - A · 103 rentals
Floor 3 · 13 rentals
Floors 4-7 · 68 rentals
Floors 8-9 · 22 rentals
Damac Hills - Loreto 2 - B · 100 rentals
Floor 3 · 12 rentals
Floors 4-7 · 71 rentals
Floors 8-9 · 17 rentals
Damac Hills - Loreto 3 - A · 90 rentals
Floor 3 · 13 rentals
Floors 4-7 · 51 rentals
Floors 8-9 · 26 rentals
Damac Hills - Loreto 1 - A · 88 rentals
Floor 3 · 10 rentals
Floors 4-7 · 52 rentals
Floors 8-9 · 26 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
20 Oct 20261 Bed79769,00087Entry Levelrenewal
15 Sep 2026Studio32140,000125Entry Levelrenewal
1 Sep 2026Studio52542,11380Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills

The closest-priced registered projects in Damac Hills.

Common questions about Loreto

Answered from Dubai Land Department registered transactions.

How much does a property in Loreto cost?

Property in Loreto sells at a current PIX© price of AED 1,211 per sqft, or about AED 1,357,147 for a typical unit, based on 747 sales registered with the Dubai Land Department.

Is Loreto completed?

Yes. Loreto is recorded as completed in the Dubai Land Department project register (completed q4 2017).

Who is the developer of Loreto?

Loreto is developed by DAMAC CRESCENT PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Loreto?

Loreto yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,199 registered Ejari contracts.

How many units are in Loreto?

Loreto holds 504 registered units, per the Dubai Land Department unit register.

Have prices in Loreto gone up or down?

Price per sqft has risen +4.2% over the last 12 months, to AED 1,211, across 747 registered sales.