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Loreto 1B, DAMAC HillsReady

Loreto 1B, DAMAC Hills

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HIGHLIGHTS

About Loreto 1B, DAMAC Hills

Loreto 1B is a 7-storey residential tower in DAMAC Hills. Developed by DAMAC Properties, the building is a part of Loreto, a residential complex that consists of three buildings: Loreto 1, Loreto 2 and Loreto 3. Loreto 1B is one of the two towers in Loreto 1 Building DAMAC Hills.

Interested buyers and tenants will find studio, 1, 2 and 3-bedroom apartments in DAMAC Hills Loreto 1B. The low-rise building also offers a few amenities, such as a gymnasium, an outdoor swimming pool, a kid’s play area and sports facilities.

DAMAC Hills Loreto 1B is situated next to Golf Panorama Tower A, close to Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street.

IN A NUTSHELL

  • Type of building: Residential
  • Location: DAMAC Hills 
  • Developer: DAMAC Properties
  • Number of floors: 7
  • Unit type: Studio, 1, 2 and 3-bedroom apartments
  • Type of ownership: Leasehold
  • Amenities: Gym, swimming pool, kid’s play area and tennis court
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BUILDING DETAILS

Facilities in Loreto 1B, DAMAC Hills

Parking

Residents will find covered parking in Loreto 1B, DAMAC Hills. Street parking is available for guests and visitors.

Underground parking space in Loreto 1B
Vehicles in underground parking

Elevators

There are multiple high-speed elevators in Loreto 1B, DAMAC Hills.

Security, Central Air-Conditioning and Maintenance Services 

There is 24-hour CCTV video surveillance for security purposes in Loreto 1B. Depending on their contract, one would also have to pay yearly chiller/cooling charges.

Gym and Fitness Facilities 

Fitness facilities include a state-of-the-art gymnasium in Loreto 1B, DAMAC Hills. You can also find a temperature-controlled outdoor swimming pool, steam room and sauna within the building.

Lifestyle Amenities

Entertainment-wise, you will find a kid’s play area, tennis court and landscaped gardens in the complex.

Concierge and Guest Services 

Residents will find a spacious lobby in Loreto 1B.

Pet-friendly

It is a pet-friendly building.

Apartment Types in Loreto 1B

One will find studio, 1, 2 and 3-bedroom apartment types in Loreto 1B, DAMAC Hills, Dubai.

Studio Apartments in Loreto 1B 

Studio apartments in Loreto 1B cover 482 sq. ft. These studio flats have an attached bathroom, a furnished kitchen and a balcony.

1-Bedroom Apartments in Loreto 1B

1-bedroom apartments in Loreto 1B have one bedroom with an attached bathroom and built-in cabinets. These flats also come with a guest bathroom, an open-style kitchen, a spacious living room and a balcony.

2-Bedroom Apartments in Loreto 1B

2-bedroom apartments in Loreto 1B have two large bedrooms with attached bathrooms and separate wardrobes. You will also find a furnished kitchen, a spacious living room, a large living room and a balcony.

3-Bedroom Apartments in Loreto 1B

3-bedroom apartments in Loreto 1B cover 3,210 sq. ft. These flats have three spacious bedrooms with en-suite bathrooms and built-in cabinets. You will also find a spacious living room, a guest bathroom, a closed-style kitchen and a spacious balcony.

Studio
1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 0 hours ago

According to Bayut, studio apartments in Loreto 1B enjoy the highest popularity. They are followed by 3-bedroom flats in the second spot. 1-bed apartments take up the third position on the list. 2-bedroom flats rank in the fourth position.

Apartment TypeAverage Rental Price in AED
Studio45,000
1-Bed74,000
3-Bed195,000
Last updated 0 hours ago

Those looking to rent apartments in Loreto 1B can expect these price trends.

For more options, one can browse apartments for rent in DAMAC Hills.

Apartment TypeAverage Sales Price in AED
Studio610,000
3-Bed2,450,000
Last updated 0 hours ago

Apartments for sale in Loreto 1B have the following pricing details.

There are various other apartments for sale in DAMAC Hills with different features and price tags.

Rental Yield in Loreto 1B

Studio
1-Bed
3-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 0 hours ago

3-bedroom flats offer the highest ROI in Loreto 1B of 8.85%. Studio apartments generate about 7.27% return on investment. 1-bed apartments offer an ROI of about 6.41%.

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NEARBY AMENITIES

Transportation near Loreto 1B, DAMAC Hills

Residents can easily travel via personal cars as Hessa Street is close to the building. One can also use public transportation near Loreto 1B, DAMAC Hills.

Bus Stations near Loreto 1B 

DAMAC Hills, Carrefour, Bus stop is a 2-minute walk from the tower.

Metro Stations near Loreto 1B

Dubai Investment Park Metro Station on the Red Line of Dubai Metro is a 16-minute drive from the building.

Restaurants near Loreto 1B

Popular restaurants near Loreto 1B include:

  • Dodis Gourmet
  • Sandwich Baladi
  • O’Pao Indian Sliders

Residents will find Dodis Gourmet, an International restaurant, Sandwich Baladi, one of the best restaurants in DAMAC Hills and O’Pao Indian Sliders which serves Indian street food close to the building. One can also find Hessa Street Kitchen and Fire Lake Grill House Restaurant & Bar within a 9-minute drive away.

Fine-dining restaurants near Loreto 1B are:

  • Carine
  • The Maine Oyster Bar & Grill – JBR
  • Rhodes W1

These upscale restaurants are a 26-minute drive from Loreto 1B DAMAC Hills, Dubai.

Supermarkets near Loreto 1B 

Supermarkets near Loreto 1B include:

  • Carrefour Supermarket
  • VIVA Supermarket
  • Spinneys

Carrefour Supermarket, one of the best supermarkets in DAMAC Hills, is a 2-minute walk from the building. VIVA Supermarket is a 7-minute drive, and Spinneys is a 9-minute drive from Loreto 1B.

Schools and Nurseries Near Loreto 1B

  • CreaKids Nursery
  • Jebel Ali School
  • South View School

CreaKids Nursery is a 9-minute walk from the building. The Wonders Years Nursery and Blossoms DAMAC Hills can be found within an 11-minute drive away.

Jebel Ali School follows the British education system. The school is located within a 10-minute walking distance of Loreto 1B DAMAC Hills.

South View School, established in 2018, follows the British curriculum. SVS is an 11-minute drive away from the building.

Fairgreen International School is the first sustainable school in the country. It follows the IB curriculum and can be found at a 12-minute drive away.

NEARBY BUILDINGS

Residential buildings near Loreto 1B include

Loreto 1B is part of Loreto, a residential complex and is close to DAMAC Hills Panorama Tower A, Orchid A and Golf Promenade 2B.

Major Landmarks

Nearby landmarks include:

  • Dubai International Stadium
  • Dubai Autodrome
  • Dubai Miracle Garden

Dubai International Stadium is one of the three stadiums in the country. It has a capacity of 25,000 spectators. The landmark is an 11-minute drive away from the tower.

Dubai Autodrome is a motorsport circuit that offers a single-seater driving experience to visitors. The attraction is a 14-minute drive away from the building.

Dubai Autodrome
Retail Plaza in Dubai Autodrome

Then there is Dubai Butterfly Garden, one of the largest covered gardens in the country. The garden is home to more than 15,000 butterflies and is a 15-minute drive from Loreto 1B.

Dubai Butterfly Garden
The entrance of the Dubai Butterfly Garden

THINGS TO CONSIDER

Loreto 1B residents enjoy a convenient lifestyle in DAMAC Hills. You can find multiple entertainment and retail facilities nearby. One thing to consider is that metro stations are a bit far from Loreto 1B, DAMAC Hills.

Are you looking to buy or rent apartments in Loreto 1B?

FAQs

ARE PETS ALLOWED IN LORETO 1B?

Yes, it is a pet-friendly building.

IS THERE A PARKING SPACE IN LORETO 1B?

Residents will find underground parking.

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