Studio · 460 sqftLoreto 1A, Damac Hills · 5th floor · completed 2017

A505, Loreto 1A

Sold prices and rental history: sold twice, last in November 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 13 December 2025
Last soldAED 500K24 November 2025
Current rentAED 47K /yr13 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A505, Loreto 1A

What is A505 worth today?

Last sold for AED 500,000 in 2025

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13 Dec 2025RentedNew contract
AED 47,000/yr12 months · AED 102 per sqft
24 Nov 2025SoldReady
AED 500,000AED 1,087 per sqft
22 Feb 2020RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
4 Mar 2019Sold by developerReady
AED 1,008,000AED 2,191 per sqft

Source: Dubai Land Department. Updated 13 December 2025.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
5th of 9
Parking
T1-G-13
Developer
DAMAC
Completed
2017
Service charge
AED 6,400 /yr
Last sold
AED 500K · November 2025
Building
Loreto 1A

About A505, Loreto 1A

A505 is a studio of 460 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 November 2025 for AED 500,000, or AED 1,087 per sqft, 7% below the AED 1,173 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 13 December 2025, is AED 47,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 6,400 a year.

Sales and rents for A505 over time

Sales
Unit A505, each saleTypical studio in Loreto 1A
500K750K1M2018202120242027Typical sale price by year: 2018 AED 665,950; 2019 AED 646,250; 2023 AED 520,800; 2024 AED 460,000; 2025 AED 612,500; 2026 AED 600,000Sold by developer, March 2019: AED 1,008,000 (AED 2,191 per sqft)Sold, November 2025: AED 500,000 (AED 1,087 per sqft)

A505 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A505, each contractTypical studio in Loreto 1A
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,500; 2019 AED 37,000; 2020 AED 28,000; 2021 AED 28,000; 2022 AED 30,800; 2023 AED 34,049; 2024 AED 39,600; 2025 AED 44,000; 2026 AED 44,500New contract, February 2020: AED 25,000 a yearNew contract, December 2025: AED 47,000 a year

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 A505 sits

All 22 studios →

A505 last sold in November 2025 at AED 1,087 per sqft, 7% below what studios in Loreto 1A were fetching at the time (AED 1,173). 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. A505's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026600,000
20 May 2026570,000
12 May 2026620,000
19 Nov 2025650,000
5 studio 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 5th floor

All 84 units in Loreto 1A
Value
A5013-bedAED 936K · Jan 2019
A5021-bedAED 797K · May 2022
A503StudioAED 625K · Mar 2025
A504StudioAED 640K · Mar 2025
A5061-bedAED 985K · Mar 2019
A5071-bedAED 800K · Jun 2023
A5081-bedAED 966K · Nov 2019
1–7 of 12

A505, Loreto 1A in numbers

  • Sold twice: first on 4 March 2019 for AED 1,008,000, last on 24 November 2025 for AED 500,000 (AED 1,087 per sqft).
  • Rented since February 2020 on 2 Ejari contracts, from AED 25,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 6,400 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 13 December 2025.

Questions about A505, Loreto 1A

What did unit A505 last sell for?

AED 500,000 on 24 November 2025: AED 1,087 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 1,008,000 in March 2019.

What is the rent for unit A505?

AED 47,000 a year on the contract signed on 13 December 2025. The previous contract, from February 2020, was AED 25,000.

How big is unit A505?

460 sqft (42.7 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A505 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 A505, Loreto 1A

Starts from the last sale price (AED 500K, 24 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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