3-bed · 1,619 sqftLoreto 1A, Damac Hills · 4th floor · completed 2017

A401, Loreto 1A

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A401 · DLD and Ejari recordsUpdated 5 September 2021
Last soldAED 1.15M5 September 2021
Current rentAED 97K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A401, Loreto 1A

What is A401 worth today?

Last sold for AED 1,146,650 in 2021

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5 Sep 2021Sold by developerReady
AED 1,146,650AED 708 per sqft
15 Jan 2020RentedRenewal
AED 97,000/yr12 months · AED 60 per sqft
15 Jan 2019RentedNew contract
AED 109,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 September 2021.

Key facts

Type
3-bed apartment
Size
1,619 sqft
Floor
4th of 9
Parking
UP1-09 , UP1-43
Developer
DAMAC
Completed
2017
Service charge
AED 22,400 /yr
Last sold
AED 1.15M · September 2021
Building
Loreto 1A

About A401, Loreto 1A

A401 is a three-bedroom apartment of 1,619 sqft on the 4th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 5 September 2021 for AED 1,146,650, or AED 708 per sqft, 7% below the AED 762 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 January 2020, is AED 97,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 22,400 a year.

Sales and rents for A401 over time

Sales
Unit A401, each saleTypical three-bed in Loreto 1A
1M2M2021202220232024Typical sale price by year: 2021 AED 1,362,000; 2023 AED 2,565,640Sold by developer, September 2021: AED 1,146,650 (AED 708 per sqft)

A401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A401, each contractTypical three-bed in Loreto 1A
100K120K201920212023Typical rent by year: 2020 AED 102,500; 2021 AED 122,500; 2022 AED 120,000; 2023 AED 120,000New contract, January 2019: AED 109,000 a yearRenewal, January 2020: AED 97,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Loreto 1A, and where A401 sits

All 9 3-beds →

A401 last sold in September 2021 at AED 708 per sqft, 7% below what three-beds in Loreto 1A were fetching at the time (AED 762). Over the last 12 months three-beds sold for AED 2,410,000, around AED 1,287 per sqft, and rent for AED 190,000 to 190,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jan 20262,410,000
8 Nov 20252,850,000
23 Jun 20253,400,000
5 Dec 20242,100,000
1 3-bed sale 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 4th floor

All 84 units in Loreto 1A
Value
A4021-bedAED 1.05M · Apr 2024
A403StudioAED 254K · Aug 2025
A404StudioAED 650K · Nov 2025
A405StudioAED 492K · Oct 2019
A4061-bedAED 953K · Mar 2019
A4071-bedAED 1.09M · Jul 2018
A4081-bedAED 941K · Mar 2019
1–7 of 12

A401, Loreto 1A in numbers

  • Sold once: by DAMAC on 5 September 2021 for AED 1,146,650, or AED 708 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, from AED 109,000 to AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 22,400 a year (AED 13.82 per sqft).
  • Three-beds in Loreto 1A sold for AED 2,410,000–2,410,000 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 5 September 2021.

Questions about A401, Loreto 1A

What did unit A401 last sell for?

AED 1,146,650 on 5 September 2021, sold by the developer: AED 708 per sqft for 1,619 sqft. It is the only registered sale of the unit.

What is the rent for unit A401?

AED 97,000 a year on the contract renewed on 15 January 2020. The previous contract, from January 2019, was AED 109,000.

How big is unit A401?

1,619 sqft (150.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Loreto 1A sold for AED 2,410,000 to 2,410,000 in the last 12 months, around AED 1,287 per sqft.

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Mortgage on A401, Loreto 1A

Starts from the last sale price (AED 1.15M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,650
Deposit, UAE resident (20%)
AED 229,330
Deposit, non-resident (40%)
AED 458,660
Monthly over 25 years at 3.7%
AED 4,691

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