A311, Loreto 1A
Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A311, Loreto 1A
What is A311 worth today?
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Source: Dubai Land Department. Updated 20 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 3rd of 9
- Parking
- B-10
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.19M · July 2018
- Building
- Loreto 1A
About A311, Loreto 1A
A311 is a one-bedroom apartment of 946 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 25 July 2018 for AED 1,188,000, or AED 1,256 per sqft, in line with the AED 1,221 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 June 2024, is AED 65,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 13,100 a year.
Sales and rents for A311 over time
A311 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 A311 sits
All 40 1-beds →A311 last sold in July 2018 at AED 1,256 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,221). 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. A311's AED 65,000 is in the lower 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 | |
| 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 | |
| A312 | 2-bed | 2,209 sqft | AED 1.91MAED 1,911,000 · Sep 2022September 2022 | 85,000 /yr |
A311, Loreto 1A in numbers
- Sold once: by DAMAC on 25 July 2018 for AED 1,188,000, or AED 1,256 per sqft.
- Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 65,000 by June 2024.
- At AED 65,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 13,100 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 20 June 2024.
Questions about A311, Loreto 1A
What did unit A311 last sell for?
AED 1,188,000 on 25 July 2018, sold by the developer: AED 1,256 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit A311?
AED 65,000 a year on the contract signed on 20 June 2024. The previous contract, from March 2023, was AED 47,000; the unit has been rented since December 2018.
How big is unit A311?
946 sqft (87.9 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A311 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 A311, Loreto 1A
Starts from the last sale price (AED 1.19M, 25 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,188,000
- Deposit, UAE resident (20%)
- AED 237,600
- Deposit, non-resident (40%)
- AED 475,200
- Monthly over 25 years at 3.7%
- AED 4,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →