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Ready building · DAMAC

Loreto 1 - A, Al Hebiah Third

Highlights

Loreto 1 - A at a glance

About Loreto 1 - A

Loreto 1 - A is a residential building in Al Hebiah Third, Dubai, developed by DAMAC. It holds about 84 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments.

The building was completed in 2017 and has been in use for about 9 years. 10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,274 per sq ft.

Loreto 1 - A is one of 82 buildings in Al Hebiah Third: 68 are complete and 14 are still being built.

In a nutshell

  • A residential ready building
  • Located in Al Hebiah Third, Dubai
  • Developed by DAMAC
  • Completed in Q3 2017
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds
  • Sizes from 420 to 3,910 sq ft
  • Service charge from AED 21.26 per sq ft
Status
Ready
Developer
DAMAC
Location
Al Hebiah Third, Dubai
Completed
Q3 2017
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds
Prices from
AED 492.0K
Median price per sq ft
AED 1,274
Median gross yield
6.5%
Service charge
AED 21.26 per sq ft (2018)
Nearest metro
Dubai Miracle Garden, 5.1 km

Building details

Inside Loreto 1 - A

Properties in Loreto 1 - A

Studios in Loreto 1 - A

There are about 22 of these in Loreto 1 - A, from 420 to 640 sq ft. They have recently sold for a median of AED 600.0K, or AED 1,240 per sq ft. Owners who resold made a median 1% over what they paid.

1-bedroom apartments in Loreto 1 - A

There are about 40 of these in Loreto 1 - A, from 790 to 1,320 sq ft. They have recently sold for a median of AED 985.0K, or AED 1,220 per sq ft.

2-bedroom apartments in Loreto 1 - A

There are about 13 of these in Loreto 1 - A, from 1,260 to 2,560 sq ft. They have recently sold for a median of AED 3.6M, or AED 1,390 per sq ft. Owners who resold made a median 87% over what they paid.

3-bedroom apartments in Loreto 1 - A

There are about 9 of these in Loreto 1 - A, from 1,620 to 3,910 sq ft. They have recently sold for a median of AED 2.6M, or AED 1,520 per sq ft.

Unit types in Loreto 1 - A with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio22420 sqft39 sqmt – 640 sqft59.5 sqmtAED 600KAED 42K
1 Bed40790 sqft73.4 sqmt – 1,320 sqft122.6 sqmtAED 985KAED 63.9K
2 Beds131,260 sqft117.1 sqmt – 2,560 sqft237.8 sqmtAED 3.6M–
3 Beds91,620 sqft150.5 sqmt – 3,910 sqft363.3 sqmtAED 2.6M–

Recent transactions in Loreto 1 - A

  • Loreto 1 - A

    Damac Hills

    AED 1M

    AED 1,202 /sqftAED 12,938 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner5 Aug 2026

  • Loreto 1 - A

    Damac Hills

    AED 970K

    AED 1,233 /sqftAED 13,272 /sqmt

    ReadyApartment
    787 sqft73.1 sqmt1 BedOwner8 Jul 2026

  • Loreto 1 - A

    Damac Hills

    AED 3.6M

    AED 1,387 /sqftAED 14,930 /sqmt

    ReadyApartment
    2,560 sqft237.8 sqmt2 BedsOwner7 Jul 2026

  • Loreto 1 - A

    Damac Hills

    AED 600K

    AED 1,261 /sqftAED 13,573 /sqmt

    ReadyApartment
    476 sqft44.2 sqmtStudioOwner21 May 2026

  • Loreto 1 - A

    Damac Hills

    AED 570K

    AED 1,236 /sqftAED 13,304 /sqmt

    ReadyApartment
    461 sqft42.8 sqmtStudioOwner20 May 2026

  • Loreto 1 - A

    Damac Hills

    AED 620K

    AED 1,179 /sqftAED 12,691 /sqmt

    ReadyApartment
    526 sqft48.9 sqmtStudioOwner12 May 2026

  • Loreto 1 - A

    Damac Hills

    AED 2.4M

    AED 1,287 /sqftAED 13,853 /sqmt

    ReadyApartment
    1,872 sqft173.9 sqmt3 BedsOwner29 Jan 2026

  • Loreto 1 - A

    Damac Hills

    AED 500K

    AED 1,087 /sqftAED 11,700 /sqmt

    ReadyApartment
    460 sqft42.7 sqmtStudioOwner24 Nov 2025

  • Loreto 1 - A

    Damac Hills

    AED 650K

    AED 1,297 /sqftAED 13,961 /sqmt

    ReadyApartment
    501 sqft46.5 sqmtStudioOwner19 Nov 2025

  • Loreto 1 - A

    Damac Hills

    AED 2.9M

    AED 1,758 /sqftAED 18,923 /sqmt

    ReadyApartment
    1,621 sqft150.6 sqmt3 BedsOwner8 Nov 2025

  • Loreto 1 - A

    Damac Hills

    AED 798K

    AED 1,680 /sqftAED 18,083 /sqmt

    ReadyApartment
    475 sqft44.1 sqmtStudioOwner24 Oct 2025

  • Loreto 1 - A

    Damac Hills

    AED 1.9M

    AED 1,491 /sqftAED 16,049 /sqmt

    ReadyApartment
    1,273 sqft118.3 sqmt2 BedsOwner10 Oct 2025

  • Loreto 1 - A

    Damac Hills

    AED 811K

    AED 1,740 /sqftAED 18,729 /sqmt

    ReadyApartment
    466 sqft43.3 sqmtStudioOwner19 Sept 2025

  • Loreto 1 - A

    Damac Hills

    AED 1.4M

    AED 1,612 /sqftAED 17,351 /sqmt

    ReadyApartment
    859 sqft79.8 sqmt1 BedOwner19 Sept 2025

  • Loreto 1 - A

    Damac Hills

    AED 1.9M

    AED 1,428 /sqftAED 15,371 /sqmt

    ReadyApartment
    1,362 sqft126.5 sqmt2 BedsOwner15 Aug 2025

  • Loreto 1 - A

    Damac Hills

    AED 1.9M

    AED 1,401 /sqftAED 15,080 /sqmt

    ReadyApartment
    1,336 sqft124.1 sqmt2 BedsOwner14 Aug 2025

  • Loreto 1 - A

    Damac Hills

    AED 254K

    AED 1,054 /sqftAED 11,345 /sqmt

    ReadyApartment
    482 sqft44.8 sqmtStudioOwner11 Aug 2025

  • Loreto 1 - A

    Damac Hills

    AED 3.4M

    AED 1,012 /sqftAED 10,893 /sqmt

    ReadyApartment
    3,361 sqft312.2 sqmt3 BedsOwner23 Jun 2025

  • Loreto 1 - A

    Damac Hills

    AED 850K

    AED 1,022 /sqftAED 11,001 /sqmt

    ReadyApartment
    832 sqft77.3 sqmt1 BedOwner20 May 2025

  • Loreto 1 - A

    Damac Hills

    AED 600K

    AED 1,174 /sqftAED 12,637 /sqmt

    ReadyApartment
    511 sqft47.5 sqmtStudioOwner14 May 2025

  • Loreto 1 - A

    Damac Hills

    AED 75K/yr

    ApartmentNew contract
    942 sqft87.5 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 75K/yr

    ApartmentNew contract
    942 sqft87.5 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 42K/yr

    ApartmentNew contract
    476 sqft44.2 sqmtStudioto

  • Loreto 1 - A

    Damac Hills

    AED 63.9K/yr

    ApartmentRenewal
    812 sqft75.4 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 69K/yr

    ApartmentRenewal
    797 sqft74 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 59.8K/yr

    ApartmentRenewal
    794 sqft73.8 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 59.8K/yr

    ApartmentRenewal
    794 sqft73.8 sqmt1 Bedto

  • Loreto 1 - A

    Damac Hills

    AED 62.7K/yr

    ApartmentRenewal
    816 sqft75.8 sqmt1 Bedto

Every sale in Loreto 1 - AEvery rent contract in Loreto 1 - A

Service charges in Loreto 1 - A

The 2018 service charge in Loreto 1 - A is AED 21.26 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Loreto 1 - A
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 21.26790 sqft73.4 sqmt – 1,320 sqft122.6 sqmtAED 16,795 – AED 28,063
2 Beds Apartment (2018)AED 21.261,260 sqft117.1 sqmt – 2,560 sqft237.8 sqmtAED 26,788 – AED 54,426
3 Beds Apartment (2018)AED 21.261,620 sqft150.5 sqmt – 3,910 sqft363.3 sqmtAED 34,441 – AED 83,127
Studio Apartment (2018)AED 21.26420 sqft39 sqmt – 640 sqft59.5 sqmtAED 8,929 – AED 13,606

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Loreto 1 - A

Transportation near Loreto 1 - A

Stations planned on new lines nearby include Dubai Miracle Garden (golden line, 5.1 km, about 12 min drive) and Hadaeq Mohammed Bin Rashid (golden line, 5.2 km, about 12 min drive).

  • Dubai Miracle GardenGolden line · 5.1 km · about 12 min drive
  • Hadaeq Mohammed Bin RashidGolden line · 5.2 km · about 12 min drive
  • Meydan Etihad Rail InterchangeGolden line · 6.5 km · about 15 min drive
  • Jumeirah Village CircleGolden line · 6.9 km · about 16 min drive
  • Dubai Production CityGolden line · 8 km · about 18 min drive
  • Global VillageGolden line · 8 km · about 18 min drive

Shopping and groceries near Loreto 1 - A

The closest is Uptown Motor City, 3.6 km from Loreto 1 - A (about 9 min drive).

  • Uptown Motor CityShopping Mall · 3.6 km · about 9 min drive
  • Arena MallShopping Mall · 4.9 km · about 12 min drive

Parks and leisure near Loreto 1 - A

The closest is Global Village, 7.9 km from Loreto 1 - A (about 18 min drive).

  • Global VillagePark · 7.9 km · about 18 min drive

Schools near Loreto 1 - A

The nearest is Lycée français international (Branch), 0.6 km away. Ratings are the KHDA's latest inspection grades.

  • Lycée français international (Branch)French · KHDA: Not inspected yet · 0.6 km
  • Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 1.2 km
  • South View School L.L.CUK · KHDA: Good · 1.6 km
  • Ranches Primary SchoolUK · KHDA: Very good · 2.3 km
  • Horizon English School Town SquareUK · KHDA: Not inspected yet · 2.4 km
  • Fairgreen International School L.L.CInternational Baccalaureate · KHDA: Good · 2.6 km

Other buildings in Al Hebiah Third

Al Hebiah Third has 82 buildings. A few others to compare Loreto 1 - A with:

All 82 Al Hebiah Third buildings →

Things to consider about Loreto 1 - A

In its favour

  • Owners who resold have made money: a median gain of up to 87%.
  • A median gross yield of 6.5% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 21.26 per sq ft are on the higher side for Dubai.

Specialists

Brokers who know Loreto 1 - A

These brokers handle sales and lettings in Loreto 1 - A and can tell you what is available now.

FAQs

Loreto 1 - A: questions answered

Loreto 1 - A was developed by DAMAC in Al Hebiah Third.

Loreto 1 - A is completed in Q3 2017.

Across its 20 most recent registered sales, Loreto 1 - A sold for a median of AED 1,274 per sq ft and AED 910.0K per unit.

Recent yearly contracts in Loreto 1 - A have a median rent of AED 63.3K.

The median gross yield on recently sold units in Loreto 1 - A is 6.5%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Loreto 1 - A is AED 21.26 per sq ft a year, as registered with the Dubai Land Department.

Loreto 1 - A has Studio (420 to 640 sq ft), 1 Bed (790 to 1,320 sq ft), 2 Beds (1,260 to 2,560 sq ft), 3 Beds (1,620 to 3,910 sq ft).

Dubai Miracle Garden is about 5.1 km from Loreto 1 - A.

The nearest schools include Lycée français international (Branch) (0.6 km), Dubai International Academy Town Square (1.2 km), South View School L.L.C (1.6 km).

Buying, selling or renting in Loreto 1 - A?

A broker who works Al Hebiah Third will tell you what is available and what comparable homes went for.

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