Loreto 2B

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills
Property type Apartment
Data updated Feb 02, 2026

Loreto 2B is a Delivered development by Damac Properties in Damac Hills. 83 units across 1 Bedroom (43%), Studio (30%), 2 Bedroom (22%). Over the trailing 12 months, 134 sales at a median of AED 1,140,000.

Key Metrics
Median Price
Value
AED 1,140,000
Change
94.9% YoY
Transactions
Value
134
Change
14 in period
Price / sqft
Value
AED 1,260
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,140,000
↑ 94.9% YoY
Transactions
134
↑ 14 in period
Price / sqft
AED 1,260
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
13.7%
Holding Period
Value
3.0 yrs
Liquidity
Value
16.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
56.0%
Capital Return
13.7%
Holding Period
3.0 yrs
Liquidity
16.7%
Ready Market Mix
0.0%
Rental Activity
56.0%

Rental Performance

Rental Volume
Value
385
Avg Annual Rent
Value
AED 60,424
New Leases
Value
63.4%
Renewals
Value
36.6%
Rental Volume
385
Avg Annual Rent
AED 60,424
New Leases
63.4%
Renewals
36.6%

Unit Mix

By bedroom type
Studio 25 units · 30%
1 Bedroom 36 units · 43%
2 Bedroom 18 units · 22%
3 Bedroom 4 units · 5%

Transaction Breakdown

All time — 134 transactions
Off-Plan Primary
66
Off-Plan Secondary
3
Ready Primary
17
Ready Secondary
48

Price History

Median Price — Loreto 2B

Median prices in Loreto 2B have declined significantly, down 71% to AED 550K over the past 10 months.

Recent Transactions

Showing last 10 of 134
Date Type Price (AED) Size (sqft) AED/sqft
Feb 02, 2026 RP Secondary 550,000 494 1,111
Jan 12, 2026 RP Secondary 1,150,000 932 1,232
Dec 23, 2025 RP Secondary 1,130,000 848 1,332
Nov 17, 2025 RP Secondary 1,050,000 777 1,350
Nov 11, 2025 RP Secondary 637,500 596 1,069
Nov 06, 2025 RP Secondary 600,000 525 1,141
Oct 07, 2025 RP Secondary 1,150,000 843 1,364
Sep 25, 2025 RP Secondary 1,100,000 886 1,240
Aug 26, 2025 RP Secondary 2,660,000 2,553 1,041
Jul 14, 2025 RP Secondary 1,160,000 851 1,362

This project is in Damac Hills

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