A508, Loreto 1A
Sold prices and rental history: sold once, by the developer in November 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 A508, Loreto 1A
What is A508 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 794 sqft
- Floor
- 5th of 9
- Parking
- G-31
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,000 /yr
- Last sold
- AED 966K · November 2019
- Building
- Loreto 1A
About A508, Loreto 1A
A508 is a one-bedroom apartment of 794 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 17 November 2019 for AED 966,000, or AED 1,215 per sqft, in line with the AED 1,210 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 3 October 2026, is AED 78,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 11,000 a year.
Sales and rents for A508 over time
A508 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 A508 sits
All 40 1-beds →A508 last sold in November 2019 at AED 1,215 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,210). 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. A508's AED 78,000 is at the top 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 | |
| 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 | |
| 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 |
A508, Loreto 1A in numbers
- Sold once: by DAMAC on 17 November 2019 for AED 966,000, or AED 1,215 per sqft.
- Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 44,000 in 2021 and recovered to AED 78,000 by October 2026.
- At AED 78,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 11,000 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 3 October 2026.
Questions about A508, Loreto 1A
What did unit A508 last sell for?
AED 966,000 on 17 November 2019, sold by the developer: AED 1,215 per sqft for 794 sqft. It is the only registered sale of the unit.
What is the rent for unit A508?
AED 78,000 a year on the contract renewed on 3 October 2026. The previous contract, from January 2026, was AED 77,830; the unit has been rented since September 2019.
How big is unit A508?
794 sqft (73.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A508 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 A508, Loreto 1A
Starts from the last sale price (AED 966K, 17 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 966,000
- Deposit, UAE resident (20%)
- AED 193,200
- Deposit, non-resident (40%)
- AED 386,400
- Monthly over 25 years at 3.7%
- AED 3,952
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →