Studio · 539 sqftLoreto 1A, Damac Hills · 3rd floor · completed 2017

A307, Loreto 1A

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A307 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 724K30 May 2018
Current rentAED 45K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A307, Loreto 1A

What is A307 worth today?

Last sold for AED 724,000 in 2018

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1 May 2026RentedRenewal
AED 45,000/yr12 months · AED 84 per sqft
1 May 2025RentedRenewal
AED 36,000/yr12 months · AED 67 per sqft
30 Sep 2022RentedNew contract
AED 34,000/yr12 months · AED 63 per sqft
30 May 2018Sold by developerReady
AED 724,000AED 1,342 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
539 sqft
Floor
3rd of 9
Parking
B-06
Developer
DAMAC
Completed
2017
Service charge
AED 7,500 /yr
Last sold
AED 724K · May 2018
Building
Loreto 1A

About A307, Loreto 1A

A307 is a studio of 539 sqft on the 3rd floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 30 May 2018 for AED 724,000, or AED 1,342 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 45,000 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 7,500 a year.

Sales and rents for A307 over time

Sales
Unit A307, each saleTypical studio in Loreto 1A
600K2018202120242027Typical sale price by year: 2018 AED 665,950; 2019 AED 646,250; 2023 AED 520,800; 2024 AED 460,000; 2025 AED 612,500; 2026 AED 600,000Sold by developer, May 2018: AED 724,000 (AED 1,342 per sqft)

A307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A307, each contractTypical studio in Loreto 1A
30K40K2018202120242027Typical rent by year: 2018 AED 35,500; 2019 AED 37,000; 2020 AED 28,000; 2021 AED 28,000; 2022 AED 30,800; 2023 AED 34,049; 2024 AED 39,600; 2025 AED 44,000; 2026 AED 44,500New contract, September 2022: AED 34,000 a yearRenewal, May 2025: AED 36,000 a yearRenewal, May 2026: AED 45,000 a year

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 A307 sits

All 22 studios →

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. A307's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026600,000
20 May 2026570,000
12 May 2026620,000
24 Nov 2025500,000
5 studio sales in the last 12 months

Loreto 1A

Building

84 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%
Loreto 1A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 1A
Value
A3013-bedAED 2.57M · Mar 2023
A3021-bedAED 1.18M · Jun 2019
A303StudioAED 582K · Sep 2023
A304StudioAED 764K · Jun 2018
A305StudioAED 725K · Aug 2024
A3061-bedAED 1.01M · Mar 2019
A3081-bedAED 987K · Mar 2019
1–7 of 11

A307, Loreto 1A in numbers

  • Sold once: by DAMAC on 30 May 2018 for AED 724,000, or AED 1,342 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 34,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 7,500 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 1 May 2026.

Questions about A307, Loreto 1A

What did unit A307 last sell for?

AED 724,000 on 30 May 2018, sold by the developer: AED 1,342 per sqft for 539 sqft. It is the only registered sale of the unit.

What is the rent for unit A307?

AED 45,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 36,000; the unit has been rented since September 2022.

How big is unit A307?

539 sqft (50.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A307 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 A307, Loreto 1A

Starts from the last sale price (AED 724K, 30 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 724,000
Deposit, UAE resident (20%)
AED 144,800
Deposit, non-resident (40%)
AED 289,600
Monthly over 25 years at 3.7%
AED 2,962

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →