Studio · 475 sqftLoreto 1A, Damac Hills · 3rd floor · completed 2017

A309, Loreto 1A

Sold prices and rental history: sold twice, last in October 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A309 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 798K24 October 2025
Current rentAED 45K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A309, Loreto 1A

What is A309 worth today?

Last sold for AED 798,000 in 2025

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17 Dec 2025RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
24 Oct 2025SoldReady
AED 798,000AED 1,680 per sqft
24 Dec 2018Sold by developerReady
AED 641,000AED 1,349 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
Studio apartment
Size
475 sqft
Floor
3rd of 9
Parking
T1-B-08
Developer
DAMAC
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 798K · October 2025
Building
Loreto 1A

About A309, Loreto 1A

A309 is a studio of 475 sqft on the 3rd floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 24 October 2025 for AED 798,000, or AED 1,680 per sqft, 43% above the AED 1,173 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2025. The current contract, signed on 17 December 2025, is AED 45,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 6,600 a year.

Sales and rents for A309 over time

Sales
Unit A309, each saleTypical studio in Loreto 1A
400K600K800K2018202120242027Typical 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, December 2018: AED 641,000 (AED 1,349 per sqft)Sold, October 2025: AED 798,000 (AED 1,680 per sqft)

A309 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A309, 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, December 2025: 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 A309 sits

All 22 studios →

A309 last sold in October 2025 at AED 1,680 per sqft, 43% above what studios in Loreto 1A were fetching at the time (AED 1,173). 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. A309'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
A307StudioAED 724K · May 2018
1–7 of 11

A309, Loreto 1A in numbers

  • Sold twice: first on 24 December 2018 for AED 641,000, last on 24 October 2025 for AED 798,000 (AED 1,680 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 6,600 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 17 December 2025.

Questions about A309, Loreto 1A

What did unit A309 last sell for?

AED 798,000 on 24 October 2025: AED 1,680 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 641,000 in December 2018.

What is the rent for unit A309?

AED 45,000 a year on the contract signed on 17 December 2025.

How big is unit A309?

475 sqft (44.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A309 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 A309, Loreto 1A

Starts from the last sale price (AED 798K, 24 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 798,000
Deposit, UAE resident (20%)
AED 159,600
Deposit, non-resident (40%)
AED 319,200
Monthly over 25 years at 3.7%
AED 3,265

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