A408, 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 A408, Loreto 1A
What is A408 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 4th of 9
- Parking
- G-03
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,100 /yr
- Last sold
- AED 941K · March 2019
- Building
- Loreto 1A
About A408, Loreto 1A
A408 is a one-bedroom apartment of 801 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 March 2019 for AED 940,900, or AED 1,174 per sqft, 4% below the AED 1,221 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 25 October 2025, is AED 85,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 11,100 a year.
Sales and rents for A408 over time
A408 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 A408 sits
All 40 1-beds →A408 last sold in March 2019 at AED 1,174 per sqft, 4% below 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. A408's AED 85,000 is at the top 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 4th floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 3-bed | 1,619 sqft | AED 1.15MAED 1,146,650 · Sep 2021September 2021 | 97,000 /yr | |
| A402 | 1-bed | 796 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 72,000 /yr | |
| A403 | Studio | 241 sqft | AED 254KAED 254,000 · Aug 2025August 2025 | 35,000 /yr | |
| A404 | Studio | 501 sqft | AED 650KAED 650,000 · Nov 2025November 2025 | 38,176 /yr | |
| A405 | Studio | 460 sqft | AED 492KAED 491,625 · Oct 2019October 2019 | 44,000 /yr | |
| A406 | 1-bed | 787 sqft | AED 953KAED 953,000 · Mar 2019March 2019 | 75,000 /yr | |
| A407 | 1-bed | 816 sqft | AED 1.09MAED 1,092,000 · Jul 2018July 2018 | 70,000 /yr | |
| A409 | 1-bed | 818 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 75,000 /yr | |
| A410 | Studio | 476 sqft | AED 630KAED 630,000 · Nov 2019November 2019 | 42,000 /yr | |
| A411 | 1-bed | 860 sqft | AED 805KAED 805,000 · Nov 2023November 2023 | 78,596 /yr | |
| A412 | 1-bed | 942 sqft | AED 990KAED 990,000 · Jan 2023January 2023 | 75,000 /yr | |
| A413 | 2-bed | 1,336 sqft | AED 1.87MAED 1,871,540 · Aug 2025August 2025 |
A408, Loreto 1A in numbers
- Sold once: by DAMAC on 5 March 2019 for AED 940,900, or AED 1,174 per sqft.
- Rented since July 2019 on 6 Ejari contracts, from AED 50,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 11,100 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 25 October 2025.
Questions about A408, Loreto 1A
What did unit A408 last sell for?
AED 940,900 on 5 March 2019, sold by the developer: AED 1,174 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit A408?
AED 85,000 a year on the contract signed on 25 October 2025. The previous contract, from July 2023, was AED 68,000; the unit has been rented since July 2019.
How big is unit A408?
801 sqft (74.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit A408 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 A408, Loreto 1A
Starts from the last sale price (AED 941K, 5 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 940,900
- Deposit, UAE resident (20%)
- AED 188,180
- Deposit, non-resident (40%)
- AED 376,360
- Monthly over 25 years at 3.7%
- AED 3,850
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →