A506, 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 A506, Loreto 1A
What is A506 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 5th of 9
- Parking
- T1-G-29
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 985K · March 2019
- Building
- Loreto 1A
About A506, Loreto 1A
A506 is a one-bedroom apartment of 815 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 4 March 2019 for AED 985,000, or AED 1,208 per sqft, in line with the AED 1,222 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 70,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 11,300 a year.
Sales and rents for A506 over time
A506 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 A506 sits
All 40 1-beds →A506 last sold in March 2019 at AED 1,208 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,222). 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. A506's AED 70,000 is in the upper half 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 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 | |
| A503 | Studio | 482 sqft | AED 625KAED 625,000 · Mar 2025March 2025 | 50,000 /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 | |
| 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 |
A506, Loreto 1A in numbers
- Sold once: by DAMAC on 4 March 2019 for AED 985,000, or AED 1,208 per sqft.
- Rented since November 2019 on 5 Ejari contracts, from AED 48,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2019 price is 7.1%, 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 August 2026.
Questions about A506, Loreto 1A
What did unit A506 last sell for?
AED 985,000 on 4 March 2019, sold by the developer: AED 1,208 per sqft for 815 sqft. It is the only registered sale of the unit.
What is the rent for unit A506?
AED 70,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2025, was AED 58,695; the unit has been rented since November 2019.
How big is unit A506?
815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A506 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 A506, Loreto 1A
Starts from the last sale price (AED 985K, 4 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 985,000
- Deposit, UAE resident (20%)
- AED 197,000
- Deposit, non-resident (40%)
- AED 394,000
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →