A305, Loreto 1A
Sold prices and rental history: sold twice, last in August 2024, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A305, Loreto 1A
What is A305 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 597 sqft
- Floor
- 3rd of 9
- Parking
- T1-B-04
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,200 /yr
- Last sold
- AED 725K · August 2024
- Building
- Loreto 1A
About A305, Loreto 1A
A305 is a studio of 597 sqft on the 3rd floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 August 2024 for AED 725,000, or AED 1,214 per sqft, 27% above the AED 954 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2020. The current contract, signed on 15 August 2020, is AED 33,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 8,200 a year.
Sales and rents for A305 over time
A305 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 A305 sits
All 22 studios →A305 last sold in August 2024 at AED 1,214 per sqft, 27% above 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. A305's AED 33,000 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 | |
| A303 | Studio | 615 sqft | AED 582KAED 581,600 · Sep 2023September 2023 | 25,000 /yr | |
| A304 | Studio | 641 sqft | AED 764KAED 764,000 · Jun 2018June 2018 | 45,000 /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 |
A305, Loreto 1A in numbers
- Sold twice: first on 1 August 2023 for AED 722,260, last on 7 August 2024 for AED 725,000 (AED 1,214 per sqft).
- Rented since August 2020 on one Ejari contract, at AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 8,200 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 7 August 2024.
Questions about A305, Loreto 1A
What did unit A305 last sell for?
AED 725,000 on 7 August 2024: AED 1,214 per sqft for 597 sqft. The unit has 2 registered sales; the first was AED 722,260 in August 2023.
What is the rent for unit A305?
AED 33,000 a year on the contract signed on 15 August 2020.
How big is unit A305?
597 sqft (55.5 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A305 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 A305, Loreto 1A
Starts from the last sale price (AED 725K, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →