3-bed · 1,619 sqftLoreto 1A, Damac Hills · 5th floor · completed 2017

A501, Loreto 1A

Sold prices and rental history: sold once, by the developer in January 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501 · DLD and Ejari recordsUpdated 14 January 2019
Last soldAED 936K14 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A501, Loreto 1A

What is A501 worth today?

Last sold for AED 936,000 in 2019

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14 Jan 2019Sold by developerReady
AED 936,000AED 578 per sqft

Source: Dubai Land Department. Updated 14 January 2019.

Key facts

Type
3-bed apartment
Size
1,619 sqft
Floor
5th of 9
Parking
G-09
Developer
DAMAC
Completed
2017
Service charge
AED 22,400 /yr
Last sold
AED 936K · January 2019
Building
Loreto 1A

About A501, Loreto 1A

A501 is a three-bedroom apartment of 1,619 sqft on the 5th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 14 January 2019 for AED 936,000, or AED 578 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for A501 over time

Sales
Unit A501, each saleTypical three-bed in Loreto 1A
1M2M201920212023Typical sale price by year: 2021 AED 1,362,000; 2023 AED 2,565,640Sold by developer, January 2019: AED 936,000 (AED 578 per sqft)

A501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A501, each contractTypical three-bed in Loreto 1A
100K110K120K20202021202220232024Typical rent by year: 2020 AED 102,500; 2021 AED 122,500; 2022 AED 120,000; 2023 AED 120,000

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 A501 sits

All 9 3-beds →

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 5th floor

All 84 units in Loreto 1A
Value
A5021-bedAED 797K · May 2022
A503StudioAED 625K · Mar 2025
A504StudioAED 640K · Mar 2025
A505StudioAED 500K · Nov 2025
A5061-bedAED 985K · Mar 2019
A5071-bedAED 800K · Jun 2023
A5081-bedAED 966K · Nov 2019
1–7 of 12

A501, Loreto 1A in numbers

  • Sold once: by DAMAC on 14 January 2019 for AED 936,000, or AED 578 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 14 January 2019.

Questions about A501, Loreto 1A

What did unit A501 last sell for?

AED 936,000 on 14 January 2019, sold by the developer: AED 578 per sqft for 1,619 sqft. It is the only registered sale of the unit.

How big is unit A501?

1,619 sqft (150.4 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit A501 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 A501, Loreto 1A

Starts from the last sale price (AED 936K, 14 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 936,000
Deposit, UAE resident (20%)
AED 187,200
Deposit, non-resident (40%)
AED 374,400
Monthly over 25 years at 3.7%
AED 3,829

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