Damac Hills - Loreto in Damac Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Damac Hills - Loreto

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	43	18,301	782,000

Sales prices for completed properties in Damac Hills - Loreto

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	46	13,779	629,000
1	86	12,305	1,061,000
2	164	13,328	2,183,333
3	298	11,565	3,450,000

Rents in Damac Hills - Loreto

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	46	1,022	46,500
1	95	918	87,255
2	159	914	145,000

The cap rate (rental yield) of investments into Damac Hills - Loreto project is 7.4% on average.

The price of an apartment in Damac Hills - Loreto is 15,517 AED/sqm on average.

The long term rent of an apartment in Damac Hills - Loreto is 933 AED/sqm/year on average.

Price for off-plan Studio apartment in Damac Hills - Loreto is 782,000 AED or 18,301 AED/sqm.

Price for completed Studio apartment in Damac Hills - Loreto is 629,000 AED or 13,779 AED/sqm.
Price for completed 1 bedroom apartment in Damac Hills - Loreto is 1,061,000 AED or 12,305 AED/sqm.
Price for completed 2 bedroom apartment in Damac Hills - Loreto is 2,183,333 AED or 13,328 AED/sqm.
Price for completed 3 bedroom apartment in Damac Hills - Loreto is 3,450,000 AED or 11,565 AED/sqm.

Rent for Studio apartment in Damac Hills - Loreto is 46,500 AED or 1,022 AED/sqm.
Rent for 1 bedroom apartment in Damac Hills - Loreto is 87,255 AED or 918 AED/sqm.
Rent for 2 bedroom apartment in Damac Hills - Loreto is 145,000 AED or 914 AED/sqm.

About Damac Hills - Loreto

'Damac Hills - Loreto' in 'Damac Hills' area project description

Damac Hills - Loreto is a luxurious residential development located in the heart of Dubai, UAE. The project is developed by Damac Properties, one of the leading real estate developers in the region. It is a master-planned community that offers a wide range of residential and commercial options.

The project consists of two distinct residential towers, Loreto Tower and Loreto Residences, both of which offer luxurious apartments with stunning views of the city skyline. The towers are connected by a bridge, which provides easy access to the amenities and facilities of the development.

The development offers a range of amenities and facilities, including a swimming pool, gym, spa, and a variety of retail outlets. Residents can also enjoy a range of leisure activities, such as tennis, squash, and basketball courts, as well as a jogging track.

The project is also home to a range of restaurants, cafes, and bars, making it a great place to socialize and relax. There is also a wide range of shopping options, including a supermarket, pharmacy, and a variety of fashion stores.

The development is located close to the Dubai International Airport, making it a great option for those who need to travel frequently. It is also close to some of the city’s most popular attractions, such as the Burj Khalifa and the Dubai Mall.

Damac Hills - Loreto is an ideal option for those looking for a luxurious lifestyle in the heart of Dubai. With its range of amenities and facilities, as well as its close proximity to the city’s attractions, it is the perfect place to call home.

Q&A on Damac Hills - Loreto

What are the advantages of 'Damac Hills - Loreto' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Damac Hills - Loreto is located in the heart of Dubai, offering easy access to major highways and attractions.

2. Luxury Amenities: Damac Hills - Loreto offers a range of luxurious amenities, including a golf course, a shopping mall, a spa, a gym, a swimming pool, and more.

3. Quality Construction: Damac Hills - Loreto is constructed with high-quality materials and is designed to meet the highest standards of luxury living.

4. Affordable Prices: Damac Hills - Loreto offers competitive prices for real estate buyers, making it an attractive option for those looking to invest in Dubai.

5. Security: Damac Hills - Loreto is a secure and safe environment, with 24-hour security and CCTV surveillance.

What projects are better than 'Damac Hills - Loreto' project in Dubai which are located close by, and why?

1. Artesia by DAMAC Properties:
- Proximity: Close to the Trump International Golf Club.
- Features: Branded apartments, hotel rooms, and serviced residences.
- Why Better: Offers luxurious service options, diverse amenities, and branded experiences which might be more appealing for buyers seeking an upscale lifestyle.

2. Golf Vita by DAMAC Properties:
- Proximity: Near the golf course.
- Features: Two towers offering one- and two-bedroom apartments.
- Why Better: Provides panoramic views of the golf course, which is a major selling point for golf enthusiasts; focused on providing high-quality finishes at an affordable price.

3. Akoya Oxygen:
- Proximity: Part of the broader Damac Hills community.
- Features: A host of environmentally-friendly amenities, including green spaces and parks.
- Why Better: Emphasizes sustainability and eco-friendly living, ideal for environmentally conscious buyers.

4. Richmond by DAMAC Properties:
- Proximity: Located within close walking distance to various community facilities.
- Features: Modern townhouses with private gardens.
- Why Better: Provides more private, spacious living with the comfort of community amenities near.

5. Jasmine by DAMAC Properties:
- Proximity: Located in Damac Hills.
- Features: Low-rise apartments with direct access to recreational areas.
- Why Better: Seamless access to the central park, sports facilities, and retail outlets, making it suitable for active residents and families.

6. Carson - The Drive:
- Proximity: Set on the edge of Trump International Golf Club.
- Features: Studio to three-bedroom apartments.
- Why Better: High-rise towers providing unobstructed views of the golf course and surroundings, catering to those looking for modern high-rise living with luxurious amenities.