A308, Loreto 1A
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A308, Loreto 1A
What is A308 worth today?
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Source: Dubai Land Department. Updated 14 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 818 sqft
- Floor
- 3rd of 9
- Parking
- T1-B-07
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 987K · March 2019
- Building
- Loreto 1A
About A308, Loreto 1A
A308 is a one-bedroom apartment of 818 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 4 March 2019 for AED 987,000, or AED 1,206 per sqft, in line with the AED 1,222 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 14 December 2025, is AED 70,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 11,300 a year.
Sales and rents for A308 over time
A308 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Loreto 1A, and where A308 sits
All 40 1-beds →A308 last sold in March 2019 at AED 1,206 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,222). Over the last 12 months one-beds sold for AED 970,000 to 1,000,000, around AED 1,217 per sqft, and rent for AED 57,960 to 78,000 a year. A308's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 832 sqft | 1,000,000 | 1,202 | ||
| 8 Jul 20268 July 2026 | 787 sqft | 970,000 | 1,232 | ||
| 19 Sep 202519 September 2025 | 860 sqft | 1,385,000 | 1,611 | ||
| 20 May 202520 May 2025 | 832 sqft | 850,000 | 1,022 |
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 | |
| 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 | |
| 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 |
A308, Loreto 1A in numbers
- Sold once: by DAMAC on 4 March 2019 for AED 987,000, or AED 1,206 per sqft.
- Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 70,000 by December 2025.
- At AED 70,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 11,300 a year (AED 13.82 per sqft).
- One-beds in Loreto 1A sold for AED 970,000–1,000,000 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 14 December 2025.
Questions about A308, Loreto 1A
What did unit A308 last sell for?
AED 987,000 on 4 March 2019, sold by the developer: AED 1,206 per sqft for 818 sqft. It is the only registered sale of the unit.
What is the rent for unit A308?
AED 70,000 a year on the contract renewed on 14 December 2025. The previous contract, from December 2024, was AED 70,000; the unit has been rented since October 2019.
How big is unit A308?
818 sqft (76.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 1A sold for AED 970,000 to 1,000,000 in the last 12 months, around AED 1,217 per sqft.
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Mortgage on A308, Loreto 1A
Starts from the last sale price (AED 987K, 4 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 987,000
- Deposit, UAE resident (20%)
- AED 197,400
- Deposit, non-resident (40%)
- AED 394,800
- Monthly over 25 years at 3.7%
- AED 4,038
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →