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Loreto 2B DAMAC Hills

Loreto 2B DAMAC Hills

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DAMAC Hills, Dubai

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Strengths

Modern architectural design

Abundance of amenities

Family-friendly environment

Weakens

High service charges

Limited public transport access

Noise from neighboring developments

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Buildign Overview

Summary

  • Loreto 2B is a luxurious residential building situated within the prestigious DAMAC Hills community.
  • The building is strategically located near major highways, offering easy access to Dubai's bustling urban centers.
  • Within close proximity, residents can find popular landmarks such as the Trump International Golf Club and various leisure facilities.

Properties Overview

  • This building features a mix of one, two, and three-bedroom apartments equipped with contemporary finishes.
  • Rental prices typically range from AED 50,000 to AED 110,000 annually, while sale prices start around AED 800,000.
  • The most sought-after units boast breathtaking views of the landscaped gardens and golf course.

Market Trends

  • Over the past year, rental demand has steadily increased, with a rental yield of approximately 6% for investors.
  • Sales prices in the DAMAC Hills area have shown a consistent upward trend, attributed to the growing popularity of the community.
  • Market analysts anticipate continued appreciation in property values, driven by infrastructure development and lifestyle enhancements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a variety of local supermarkets, well-regarded schools, and healthcare facilities including clinics and hospitals.
  • Key educational institutions nearby include the Jebel Ali School and the GEMS International School, catering to both local and expatriate families.

Transportation and Accessibility

  • The building is well-connected by public transportation options, including nearby bus services that link to the metro.
  • Ample parking facilities are available on-site for residents and guests, ensuring convenience.

Lifestyle Amenities

  • Amenities within DAMAC Hills include state-of-the-art fitness centers, swimming pools, restaurants, and leisure parks.
  • Residents can enjoy outdoor activities such as jogging trails and cycling paths amidst beautifully landscaped areas.

Builing Facilities

  • Loreto 2B offers modern facilities including high-speed elevators, 24/7 security, central air conditioning, and on-site maintenance services.

Special Services

  • Exclusive services such as concierge assistance, guest services, and a business center enhance the living experience for residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of thoughtfully designed floor plans are available that cater to various lifestyles, from singles to families.
  • Each unit features spacious layouts with high-quality finishes, ensuring comfort and style.

Things to Consider

  • Potential residents should consider their budget, preferred layout, and lifestyle needs.
  • It’s advisable to assess available amenities and the community vibe before committing to a lease or purchase.

Useful FAQs and Support

Events and Building Life

Building Events

  • Loreto 2B hosts regular community events, social gatherings, and recreational activities to foster neighborly connections.
  • Special seasonal events and celebrations are organized to enhance the sense of community among residents.

Community Identity

  • The building stands out due to its modern architecture and landscaped surroundings that promote a high-quality lifestyle.
  • Residents share a unique culture that prioritizes luxury and community engagement, making Loreto 2B a desirable place to live.

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Detailed Buiding Insights

1. Family Friendliness

The community features a range of family-oriented amenities, including parks and playgrounds, making it an ideal environment for children and families.

Exceptionally Welcoming

2. Living Options

Loreto 2B offers a variety of living options from spacious apartments to stylish townhouses, catering to diverse family sizes and preferences.

Broadly Diverse

3. Safety And Security

The community is equipped with 24/7 security personnel and surveillance systems, providing residents with a reassuring sense of safety.

Remarkably Secure

4. Transportation

While the community is well-connected via main roads and public transport, some residents find a vehicle necessary for greater convenience.

Moderately Convenient

5. Amenities And Facilities

With a swimming pool, gym, and multiple sports facilities, the amenities cater to a range of recreational needs for residents.

Richly Equipped

6. Cost Of Living

While rental prices can be on the higher side, the quality of living, amenities, and safety provide a good value for the expenditures.

Relatively Balanced

7. Things To Do

The area is rich in recreational activities, including shopping, dining, and cultural events, catering to various interests and age groups.

Vibrantly Diverse

8. Noise Levels

Most areas within Loreto 2B are quiet and serene, although some noise can occur from community events or nearby construction.

Generally Peaceful

9. Pet Friendliness

The community is very welcoming to pets, featuring designated pet areas and walking paths that encourage pet owners to socialize.

Warmly Accommodating

Schools

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Reviews

1 reviews

2.0

Overall Satisfaction

1.0

Living Experience

2.0

Value for Money

5.0

Location & Accessibility

3.0

Family Friendliness

3.0

Facilities & Amenities

3.0

Guest Parking

2.0

Security & Safety

2.0

Maintenance & Upkeep
Overall Satisfaction

4.5

2 Months Ago

cvdvc

Overall Satisfaction

4.5

Living Experience

4.5

Value for Money

4.5

Location & Accessibility

4.5

Family Friendliness

4.5

Facilities & Amenities

4.5

Guest Parking

4.5

Security & Safety

4.5

Maintenance & Upkeep

4.5

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer:  DAMAC Properties

Building Type: Residential

Unit Types :  Studios, 1-bed, 2-bed and 3-bed

Floors: G+2P+7

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

Near by Buildings

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Golf Promenade 5A, DAMAC Hills

Avg Price for sale: 1.3M AED

Avg Price for rent: 81.9K AED

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Residential Building

Loreto 1A, DAMAC Hills, Dubai

Avg Price for sale: 886.4K AED

Avg Price for rent: 67K AED

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