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LORETO

DAMAC HILLS  · Damac · Updated 22.11.2024
Damac

Highlights

Realiste rating
4 awards
Building rating ?
B-
handover
Q2-2016
Area from
596 ft²
price from
841000 AED
Property type
Apartments
Introducing, Loreto by Damac Properties, a development, featuring ready to move in 1, 2 & 3 bedroom apartments and 2 & 3 bedroom townhouses at Damac Hills in Dubai. The development is crafted to provide you with homes that distinctly blend with your cosmopolitan lifestyle. 

Set in a tranquil and serene environment, the residential units are perfect for both single professionals as well as families.  Every aspect of the residential units; be it the townhouses or apartments, the fit and finish is something that you will appreciate. 
Conditions for the unit resale
  • The minimum amount of payment for subsequent resale
    30%+4% DLD
  • The payment plan
    Transferable
Non-profit service
  • Dubai ID*
    ✔
  • Bank account*
    ✔
Furniture
To be confirmed
Convenience and security
- Health Clinic 
- Outdoor swimming pool 
- Fully equipped gymnasium 
- Community Centre with Yoga, Pilates, Gym
- Play area for children 
- Exclusive event & party hosting area
- Tennis & volleyball courts
- Football field & cricket practice nets 
- Large lagoon pool
- Skate park 
Availability of greenery and water
  • Greenery
    Damac Hills
  • Water
    -
Accessibility by car
  • Akoya Oxygen 
    15 minutes
  • Al Maktoum International Airport 
    15 minutes
  • Expo 2020
    18 minutes
  • Mall of the Emirates 
    19 minutes
  • Dubai Marina
    25 minutes
  • Burj Khalifa
    28 minutes
Realiste AI ratings
Building class
Economy class
272 place of 365 Projects
Price affordability
Affordable
138 place of 358 Projects
Price compared to area average
Same
173 place of 354 Projects
Developer rating
Reliable
117 place of 330 Projects
Average price sqft
Medium price
194 place of 362 Projects
Building attractivenes in area
Very attractive
85 place of 364 Projects
Access to parks in area
High access
16 place of 212 Projects
Development level
Medium developed
166 place of 363 Projects
Forecast for 3 years
Low growth
248 place of 362 Projects
Realiste Choice
Low potential
329 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Developer rating
Average price sqft
Building attractivenes in area
Access to parks in area
Development level
Forecast for 3 years
Realiste Choice
Building class
272 place of 365
Economy
75%
Luxury
Price affordability
138 place of 358
Affordable
381 USD/ft2
Not affordable
Permit
Government permit

Location and infrastructure

Highlights of LORETO

  • City: Dubai
  • Project: LORETO
  • Building class: 75% - Economy
  • Price affordability: 381 USD/ft2 - Affordable
  • Price compared to area average: 6% - Same
  • Developer rating: 9 - Reliable
  • Average price sqft: 359 USD/ft2 - Medium
  • Building attractivenes in area: 0.91 - Very attractive
  • Access to parks in area: 55.7% - High access
  • Development level: 37.1% - Medium
  • Forecast for 3 years: +11.3% - Low growth
  • Realiste Choice: 501 - Low potential

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