A503, Loreto 1A
Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A503, Loreto 1A
What is A503 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 482 sqft
- Floor
- 5th of 9
- Parking
- T1-G-11
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,700 /yr
- Last sold
- AED 625K · March 2025
- Building
- Loreto 1A
About A503, Loreto 1A
A503 is a studio of 482 sqft on the 5th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 24 March 2025 for AED 625,000, or AED 1,297 per sqft, 7% above the AED 1,216 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 50,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 6,700 a year.
Sales and rents for A503 over time
A503 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 1A, and where A503 sits
All 22 studios →A503 last sold in March 2025 at AED 1,297 per sqft, 7% above what studios in Loreto 1A were fetching at the time (AED 1,216). Over the last 12 months studios sold for AED 500,000 to 650,000, around AED 1,237 per sqft, and rent for AED 40,000 to 60,000 a year. A503's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 476 sqft | 600,000 | 1,260 | ||
| 20 May 202620 May 2026 | 461 sqft | 570,000 | 1,237 | ||
| 12 May 202612 May 2026 | 526 sqft | 620,000 | 1,179 | ||
| 24 Nov 202524 November 2025 | 460 sqft | 500,000 | 1,087 |
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 5th floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 3-bed | 1,619 sqft | AED 936KAED 936,000 · Jan 2019January 2019 | ||
| A502 | 1-bed | 797 sqft | AED 797KAED 797,340 · May 2022May 2022 | 69,000 /yr | |
| A504 | Studio | 526 sqft | AED 640KAED 640,000 · Mar 2025March 2025 | 45,000 /yr | |
| A505 | Studio | 460 sqft | AED 500KAED 500,000 · Nov 2025November 2025 | 47,000 /yr | |
| A506 | 1-bed | 815 sqft | AED 985KAED 985,000 · Mar 2019March 2019 | 70,000 /yr | |
| A507 | 1-bed | 817 sqft | AED 800KAED 800,000 · Jun 2023June 2023 | 77,500 /yr | |
| A508 | 1-bed | 794 sqft | AED 966KAED 966,000 · Nov 2019November 2019 | 78,000 /yr | |
| A509 | 1-bed | 818 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | ||
| A510 | Studio | 476 sqft | AED 644KAED 643,500 · Jan 2019January 2019 | 42,600 /yr | |
| A511 | 1-bed | 860 sqft | AED 1.05MAED 1,046,000 · Mar 2021March 2021 | 74,000 /yr | |
| A512 | 1-bed | 498 sqft | AED 649KAED 648,760 · Dec 2016December 2016 | 66,701 /yr | |
| A513 | 2-bed | 1,421 sqft | AED 1.6MAED 1,598,850 · Oct 2018October 2018 | 84,000 /yr |
A503, Loreto 1A in numbers
- Sold 3 times: first on 6 September 2018 for AED 635,000, last on 24 March 2025 for AED 625,000 (AED 1,297 per sqft).
- Rented since May 2023 on 5 Ejari contracts, from AED 48,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 6,700 a year (AED 13.82 per sqft).
- Studios in Loreto 1A sold for AED 500,000–650,000 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 10 June 2026.
Questions about A503, Loreto 1A
What did unit A503 last sell for?
AED 625,000 on 24 March 2025: AED 1,297 per sqft for 482 sqft. The unit has 3 registered sales; the first was AED 635,000 in September 2018.
What is the rent for unit A503?
AED 50,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 50,000; the unit has been rented since May 2023.
How big is unit A503?
482 sqft (44.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit A503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1A sold for AED 500,000 to 650,000 in the last 12 months, around AED 1,237 per sqft.
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Mortgage on A503, Loreto 1A
Starts from the last sale price (AED 625K, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →