A303, Loreto 1A
Sold prices and rental history: sold twice, last in September 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A303, Loreto 1A
What is A303 worth today?
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Source: Dubai Land Department. Updated 6 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 615 sqft
- Floor
- 3rd of 9
- Parking
- B-02
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,500 /yr
- Last sold
- AED 582K · September 2023
- Building
- Loreto 1A
About A303, Loreto 1A
A303 is a studio of 615 sqft on the 3rd floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 6 September 2023 for AED 581,600, or AED 946 per sqft, in line with the AED 954 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 August 2022, is AED 25,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 8,500 a year.
Sales and rents for A303 over time
A303 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 1A, and where A303 sits
All 22 studios →A303 last sold in September 2023 at AED 946 per sqft, in line with what studios in Loreto 1A were fetching at the time (AED 954). Over the last 12 months studios sold for AED 500,000 to 650,000, around AED 1,237 per sqft, and rent for AED 40,000 to 60,000 a year. A303's AED 25,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 476 sqft | 600,000 | 1,260 | ||
| 20 May 202620 May 2026 | 461 sqft | 570,000 | 1,237 | ||
| 12 May 202612 May 2026 | 526 sqft | 620,000 | 1,179 | ||
| 24 Nov 202524 November 2025 | 460 sqft | 500,000 | 1,087 |
Loreto 1A
Building84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,237
- Typical sale
- AED 650K
- Typical rent
- AED 67K /yr
- Typical yield
- 7.0%
Other units on the 3rd floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 3-bed | 3,237 sqft | AED 2.57MAED 2,565,640 · Mar 2023March 2023 | ||
| A302 | 1-bed | 1,317 sqft | AED 1.18MAED 1,181,000 · Jun 2019June 2019 | 60,900 /yr | |
| A304 | Studio | 641 sqft | AED 764KAED 764,000 · Jun 2018June 2018 | 45,000 /yr | |
| A305 | Studio | 597 sqft | AED 725KAED 725,000 · Aug 2024August 2024 | 33,000 /yr | |
| A306 | 1-bed | 862 sqft | AED 1.01MAED 1,007,000 · Mar 2019March 2019 | 80,000 /yr | |
| A307 | Studio | 539 sqft | AED 724KAED 724,000 · May 2018May 2018 | 45,000 /yr | |
| A308 | 1-bed | 818 sqft | AED 987KAED 987,000 · Mar 2019March 2019 | 70,000 /yr | |
| A309 | Studio | 475 sqft | AED 798KAED 798,000 · Oct 2025October 2025 | 45,000 /yr | |
| A310 | 1-bed | 856 sqft | AED 1.13MAED 1,129,000 · Jul 2018July 2018 | 70,000 /yr | |
| A311 | 1-bed | 946 sqft | AED 1.19MAED 1,188,000 · Jul 2018July 2018 | 65,000 /yr | |
| A312 | 2-bed | 2,209 sqft | AED 1.91MAED 1,911,000 · Sep 2022September 2022 | 85,000 /yr |
A303, Loreto 1A in numbers
- Sold twice: first on 18 November 2019 for AED 619,200, last on 6 September 2023 for AED 581,600 (AED 946 per sqft).
- Rented since July 2019 on 3 Ejari contracts, from AED 52,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 8,500 a year (AED 13.82 per sqft).
- Studios in Loreto 1A sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.
Source: Dubai Land Department. Updated 6 September 2023.
Questions about A303, Loreto 1A
What did unit A303 last sell for?
AED 581,600 on 6 September 2023: AED 946 per sqft for 615 sqft. The unit has 2 registered sales; the first was AED 619,200 in November 2019.
What is the rent for unit A303?
AED 25,000 a year on the contract signed on 1 August 2022. The previous contract, from December 2021, was AED 28,000; the unit has been rented since July 2019.
How big is unit A303?
615 sqft (57.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1A sold for AED 500,000 to 650,000 in the last 12 months, around AED 1,237 per sqft.
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Mortgage on A303, Loreto 1A
Starts from the last sale price (AED 582K, 6 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 581,600
- Deposit, UAE resident (20%)
- AED 116,320
- Deposit, non-resident (40%)
- AED 232,640
- Monthly over 25 years at 3.7%
- AED 2,380
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →