LORETO · Dubai · Realiste

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