1-bed · 796 sqftLoreto 1A, Damac Hills · 4th floor · completed 2017

A402, Loreto 1A

Sold prices and rental history: sold twice, last in April 2024, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A402 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 1.05M15 April 2024
Current rentAED 72K /yr14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A402, Loreto 1A

What is A402 worth today?

Last sold for AED 1,050,000 in 2024

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15 Apr 2024SoldReady
AED 1,050,000AED 1,318 per sqft
14 Dec 2023RentedNew contract
AED 72,000/yr12 months · AED 90 per sqft
30 Dec 2020Sold by developerReady
AED 972,000AED 1,220 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
4th of 9
Parking
G-01
Developer
DAMAC
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 1.05M · April 2024
Building
Loreto 1A

About A402, Loreto 1A

A402 is a one-bedroom apartment of 796 sqft on the 4th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 15 April 2024 for AED 1,050,000, or AED 1,318 per sqft, 38% above the AED 958 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 December 2023. The current contract, signed on 14 December 2023, is AED 72,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for A402 over time

Sales
Unit A402, each saleTypical one-bed in Loreto 1A
800K1M20182020202220242026Typical sale price by year: 2018 AED 1,007,000; 2019 AED 986,000; 2021 AED 813,000; 2023 AED 805,000; 2025 AED 1,050,000Sold by developer, December 2020: AED 972,000 (AED 1,220 per sqft)Sold, April 2024: AED 1,050,000 (AED 1,318 per sqft)

A402 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A402, each contractTypical one-bed in Loreto 1A
40K60K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 47,500; 2021 AED 44,500; 2022 AED 49,500; 2023 AED 58,000; 2024 AED 60,691; 2025 AED 72,201; 2026 AED 70,000New contract, December 2023: AED 72,000 a year

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 A402 sits

All 40 1-beds →

A402 last sold in April 2024 at AED 1,318 per sqft, 38% above what one-beds in Loreto 1A were fetching at the time (AED 958). 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. A402's AED 72,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20261,000,000
8 Jul 2026970,000
19 Sep 20251,385,000
20 May 2025850,000
2 1-bed 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 4th floor

All 84 units in Loreto 1A
Value
A4013-bedAED 1.15M · Sep 2021
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

A402, Loreto 1A in numbers

  • Sold twice: first on 30 December 2020 for AED 972,000, last on 15 April 2024 for AED 1,050,000 (AED 1,318 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 11,000 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 15 April 2024.

Questions about A402, Loreto 1A

What did unit A402 last sell for?

AED 1,050,000 on 15 April 2024: AED 1,318 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 972,000 in December 2020.

What is the rent for unit A402?

AED 72,000 a year on the contract signed on 14 December 2023.

How big is unit A402?

796 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A402 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 A402, Loreto 1A

Starts from the last sale price (AED 1.05M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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