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Sold for AED 1,200,000: 1-Bedroom Apartment in DAMAC Hills - Loreto

Located in Damac Hills, Dubai. Its price per sqft is +22% vs the DAMAC Hills - Loreto median (AED 1,235/sqft).

All Damac Hills salesDAMAC Hills - Loreto prices

Sale price

AED 1,200,000

Per sqft
AED 1,507
Registered
5 Mar 2026, 11:32 (Dubai)

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in DAMAC Hills - Loreto: same layout, exact size (797 sqft) and parking bay T2-G-17. The registry has no unit numbers, so records are matched on these details.

  1. 5 Mar 2026This sale

    797 sqft · AED 1,507/sqft · Ready

    First recordAED 1,200,000

  2. 5 Mar 2026Mortgage

    Same day as previous · 797 sqft · AED 1,105/sqft · Ready

    27%lower than the previous recordAED 880,000
Records
2
Registered
Same day
as the mortgage, 5 Mar 2026
Loan to value
73%
AED 880K mortgage on the AED 1.2M sale

02 / The property

Property details

Size
797 sqft · 74 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
T2-G-17
Nearest landmark
Motor City

03 / Comparables

All sales in DAMAC Hills - Loreto (5 Jan 2026 – 1 Oct 2026)

28 market sales. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
1 Oct 2026575K−52% vs selected1,182−22% vs selected
8 Sept 20263.4M+183% vs selected1,333−12% vs selected
1 Sept 20261.1M−8% vs selected1,120−26% vs selected
24 Aug 20261.17M−3% vs selected890−41% vs selected
5 Aug 20261M−17% vs selected1,203−20% vs selected
27 Jul 20261.6M+33% vs selected1,083−28% vs selected
15 Jul 2026605K−50% vs selected1,142−24% vs selected
8 Jul 2026970K−19% vs selected1,232−18% vs selected
7 Jul 20263.55M+196% vs selected1,387−8% vs selected
3 Jul 2026970K−19% vs selected1,185−21% vs selected
11 Jun 20261.3M+8% vs selected1,374−9% vs selected
21 May 2026600K−50% vs selected1,260−16% vs selected
20 May 2026570K−52% vs selected1,238−18% vs selected
15 May 20263.35M+179% vs selected1,311−13% vs selected
12 May 2026620K−48% vs selected1,180−22% vs selected
4 May 20261M−17% vs selected1,271−16% vs selected
1 BR · 797 sqftReadySelected sale
5 Mar 20261.2M1,507
13 Feb 20261.01M−16% vs selected1,217−19% vs selected
9 Feb 20261.18M−2% vs selected1,400−7% vs selected
4 Feb 20261.33M+10% vs selected1,5000% vs selected
2 Feb 2026550K−54% vs selected1,112−26% vs selected
29 Jan 20262.41M+101% vs selected1,288−15% vs selected
28 Jan 2026545K−55% vs selected1,697+13% vs selected
27 Jan 2026715K−40% vs selected1,184−21% vs selected
14 Jan 20262.6M+116% vs selected916−39% vs selected
12 Jan 20261.15M−4% vs selected1,233−18% vs selected
6 Jan 20261.5M+25% vs selected1,539+2% vs selected
5 Jan 20261.16M−3% vs selected1,362−10% vs selected

04 / Renting it out

What similar apartments rent for

Median of 7 market rents of apartments of 677–916 sq ft in DAMAC Hills - Loreto. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 68,000
Per sqft / yr
AED 83/sqft
Gross yield
5.7%