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Loretto Apartments by Damac Properties is the optimal choice for those seeking a luxurious and sophisticated lifestyle in Dubai. These apartments are impeccably designed, and their prime location attracts a diverse clientele, connecting them seamlessly to various other areas within the city.
Loretto Apartments offers residents all the comforts and luxuries they dream of. With a variety of units, including studios and units with up to 4 rooms, each apartment boasts breathtaking views of scenic landscapes and distinctive green gardens, providing a relaxing atmosphere.
Moreover, these apartments prove to be a lucrative investment for investors. The Loretto Apartments developer has also ensured a distinguished payment plan, helping customers reserve their units effortlessly.
Location of Loretto Apartments
Loretto Apartments’ location in Damac Hills, renowned for its luxurious community, is just minutes away from the city center. The direct connectivity to major road networks, such as Umm Suqeim Road, Hessa Street, and Sheikh Zayed Bin Hamdan Al Nahyan Street, ensures easy mobility within and around the city. Access to lakes, Trump International Golf Club, a skiing park, and a football stadium is convenient.
Notable nearby locations include a 15-minute distance to Akoya Oxygen, a 15-minute drive to Al Maktoum International Airport, 18 minutes to Expo 2020, 19 minutes to Mall of the Emirates, 25 minutes to Dubai Marina, 25 minutes to Palm Jumeirah, and 28 minutes to Burj Khalifa, Dubai Mall, and the city center.
Design of Project
Loretto Apartments in Damac Hills boast a beautiful design with spacious layouts and high-quality finishes. The units come in various sizes and configurations, ranging from one-bedroom apartments to three-bedroom apartments, catering to the diverse needs of residents.
The luxurious design of Loretto Apartments is unparalleled. The developer has ensured a unique lifestyle for residents, with well-designed infrastructure and spacious areas suitable for families, especially those with young children.
This low-rise, mesmerizing project with a glass façade offers a range of residences, including beautifully finished townhouses.
All properties feature modern and contemporary finishing touches, providing panoramic views of the golf course or the stunning Dubai skyline. Large windows and expansive terraces surrounded by lush green gardens enhance the overall appeal.
Space of Loretto Apartments
Developed by Damac Properties, Loretto Apartments is located near Trump International Golf Club in Damac Hills, covering 42 million square feet of vast natural landscapes.
The Loretto Apartments comprises three residential complexes: Loretto Apartments 1, Loretto Apartments 2, and Loretto Apartments 3. Each complex consists of two 10-story buildings with modern facades.
The size of each apartment in Loretto Apartments varies based on the number of rooms, starting from 496 square feet and reaching up to 1,960 square feet. Other units, such as townhouses, range from 2,558 square feet to 6,302 square feet.
Types and Unit Sizes in the Project
Loretto Apartments in Damac Hills offers a diverse range of property types, including one-bedroom, two-bedroom, and three-bedroom apartments, as well as two-bedroom and three-bedroom townhouses.
These properties come in different sizes and layouts to meet various lifestyle preferences and family sizes, including:
- Studio: 460 – 941 square feet.
- One-bedroom apartment: 816 – 974 square feet.
- Two-bedroom apartment: 1,262 – 1,617 square feet.
- Three-bedroom apartment: 1,786 – 2,835 square feet.
The spacious and versatile floors ensure residents feel comfortable and sophisticated in their homes.
Services of Loretto Apartments
Loretto Apartments represent a meticulously planned development project offering luxurious homes equipped with all the essential services residents might need. You won’t have to travel far from home for your daily requirements.
The developer ensures that everything you need is available right outside your door. Some of the key services offered in the project include:
- Educational Facilities: Access to quality educational institutions.
- Medical Facilities: Convenient medical facilities.
- Recreational Areas: Spaces for leisure and recreation.
- Restaurants: Dining options offering a variety of delicious dishes, sometimes served formally.
- 24/7 Integrated Security System: Comprehensive security and surveillance ensuring residents’ safety.
- Parks and Gardens: Spacious areas for family strolls and gatherings, both in the morning and evening.
- Swimming Pool: An ideal place for revitalization, relaxation, and mental well-being.
- Supermarket: A supermarket providing all necessary food and household items.
- Fitness Center: A gym for maintaining physical fitness and a healthy lifestyle.
- Green Spaces: Open and landscaped areas.
- Spa and Sauna: A place for relaxation and rejuvenation.
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Prices of Units in Loretto Apartments
The prices of units in the project vary according to the number of rooms. Prices start from AED 795,000 for one-bedroom units and increase as the number of rooms in the unit increases. Rental prices start from AED 47,000 per year.
- Studios and Loretto Apartments are available at prices ranging from AED 375,000 to AED 3,000,000.
- Independent home prices range from AED 1,900,000 to AED 2,600,000.
Payment and Installment Systems
Damac is pleased to announce the launch of the elegant Loretto Apartments project in Damac Hills, offering townhouses and apartments with only a 5% down payment. The residential project features a 4-year post-completion payment plan with a limited-time offer of a 50% waiver on property registration fees, covered by the developer.
Damac Real Estate has designed a flexible and affordable payment plan to suit both buyers and investors. The payment plan is as follows:
- 10% down payment upon booking, plus 4% for property registration fees.
- 40% payable in installments from the first to the fourth quarter, spread over 12 months from the booking date, with 10% due every three months.
- 50% payable in installments from the fifth to the eighth quarter, spanning 24 months from the booking date, with 12.5% due every three months.
Real Estate Developer of the Project
The developer behind the Loretto Apartments project is Damac Properties, a company that has gained acclaim since its inception in 2002.
It is part of the Damac Group, founded by Mr. Hussain Sajwani in 1992. Damac is one of the largest players in the real estate market in the United Arab Emirates, known for its projects across Dubai, including the Jumeirah Lakes Towers, Dubai Marina, Downtown Dubai, Business Bay, Jumeirah Village Circle, and globally in the United States, Maldives, Saudi Arabia, Qatar, Iran, Iraq, Oman, Canada, and Jordan. It has garnered immense popularity in the media for its extensive developments in Akoya Dubai.
Real Estate Developer’s Previous Projects
- Damac Maison.
- Dubai Mall Street.
- Executive Bay.
- The Waves.
- Golf Horizon.
- Emirates Gardens.
- Paramount Hotel and Residences.
Features of Loretto Apartments
The Loretto Apartments project boasts several features that make it an enticing choice. Some of these standout features include:
- A distinguished collection of luxurious apartments and ready-to-move-in homes.
- A prime location connected to major roads and near key city areas.
- Green gardens and parks provide attractive views and a sense of relaxation.
- Proximity to the Jebel Ali International School.
- Spacious rooms and high-level security, make it an excellent choice for families with children.
- Modern amenities and facilities for residents’ convenience.
- Competitive apartment prices with an easy installment payment system, along with a 50% discount on property registration fees.
- Loretto Apartments is situated in an environmentally friendly environment near Damac Hills, very close to the renowned Trump International Golf Club.
- The area includes high-tech training academies, luxurious clubs, major retail outlets, and banks.
- Nearby schools, nurseries, hospitals, and pharmacies provide essential services.
