1-bed · 818 sqftLoreto 1A, Damac Hills · 4th floor · completed 2017

A409, Loreto 1A

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A409 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 750K16 June 2023
Current rentAED 75K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A409, Loreto 1A

What is A409 worth today?

Last sold for AED 750,000 in 2023

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1 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
16 Jun 2023SoldReady
AED 750,000AED 916 per sqft
25 Mar 2022RentedRenewal
AED 44,000/yr12 months · AED 54 per sqft
25 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
1 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
13 Oct 2019Sold by developerReady
AED 849,150AED 1,037 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 9
Parking
G-04
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 750K · June 2023
Building
Loreto 1A

About A409, Loreto 1A

A409 is a one-bedroom apartment of 818 sqft on the 4th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 16 June 2023 for AED 750,000, or AED 916 per sqft, 11% below the AED 1,031 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 September 2025, is AED 75,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for A409 over time

Sales
Unit A409, 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, October 2019: AED 849,150 (AED 1,037 per sqft)Sold, June 2023: AED 750,000 (AED 916 per sqft)

A409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A409, each contractTypical one-bed in Loreto 1A
40K60K80K20192021202320252027Typical 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, November 2019: AED 50,000 a yearNew contract, March 2021: AED 42,000 a yearRenewal, March 2022: AED 44,000 a yearNew contract, September 2025: AED 75,000 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 A409 sits

All 40 1-beds →

A409 last sold in June 2023 at AED 916 per sqft, 11% below what one-beds in Loreto 1A were fetching at the time (AED 1,031). 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. A409's AED 75,000 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
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
1–7 of 12

A409, Loreto 1A in numbers

  • Sold twice: first on 13 October 2019 for AED 849,150, last on 16 June 2023 for AED 750,000 (AED 916 per sqft).
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2021 and recovered to AED 75,000 by September 2025.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 11,300 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 1 September 2025.

Questions about A409, Loreto 1A

What did unit A409 last sell for?

AED 750,000 on 16 June 2023: AED 916 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 849,150 in October 2019.

What is the rent for unit A409?

AED 75,000 a year on the contract signed on 1 September 2025. The previous contract, from March 2022, was AED 44,000; the unit has been rented since November 2019.

How big is unit A409?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A409 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 A409, Loreto 1A

Starts from the last sale price (AED 750K, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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