1-bed · 796 sqftLoreto 1A, Damac Hills · 6th floor · completed 2017

A602, Loreto 1A

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A602 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 731K19 September 2019
Current rentAED 75K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A602, Loreto 1A

What is A602 worth today?

Last sold for AED 731,250 in 2019

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23 Jun 2025RentedRenewal
AED 75,000/yr24 months · AED 95 per sqft
23 Jun 2025RentedRenewal
AED 75,000/yr24 months · AED 95 per sqft
23 Jun 2024RentedRenewal
AED 68,000/yr12 months · AED 87 per sqft
23 Jun 2023RentedNew contract
AED 68,000/yr12 months · AED 85 per sqft
1 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
1 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
19 Sep 2019Sold by developerReady
AED 731,250AED 918 per sqft
10 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
6th of 9
Parking
LP1-01
Developer
DAMAC
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 731K · September 2019
Building
Loreto 1A

About A602, Loreto 1A

A602 is a one-bedroom apartment of 796 sqft on the 6th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 19 September 2019 for AED 731,250, or AED 918 per sqft, 24% below 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 23 June 2025, is AED 75,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for A602 over time

Sales
Unit A602, each saleTypical one-bed in Loreto 1A
800K1M20182020202220242026Typical sale price by year: 2018 AED 1,007,000; 2019 AED 986,000; 2021 AED 813,000; 2023 AED 805,000; 2025 AED 1,050,000Sold by developer, September 2019: AED 731,250 (AED 918 per sqft)

A602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A602, each contractTypical one-bed in Loreto 1A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 47,500; 2021 AED 44,500; 2022 AED 49,500; 2023 AED 58,000; 2024 AED 60,691; 2025 AED 72,201; 2026 AED 70,000New contract, August 2019: AED 55,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, January 2023: AED 60,000 a yearNew contract, June 2023: AED 68,000 a yearRenewal, June 2024: AED 68,000 a yearRenewal, June 2025: AED 75,000 a yearRenewal, June 2025: AED 75,000 a year

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 A602 sits

All 40 1-beds →

A602 last sold in September 2019 at AED 918 per sqft, 24% below 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. A602's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20261,000,000
8 Jul 2026970,000
19 Sep 20251,385,000
20 May 2025850,000
2 1-bed 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 6th floor

All 84 units in Loreto 1A
Value
A6013-bedAED 2.85M · Nov 2025
A603StudioAED 630K · Jul 2024
A604StudioAED 620K · May 2026
A605StudioAED 570K · May 2026
A6061-bedAED 989K · Nov 2018
A6071-bedAED 1.13M · Jun 2021
A6081-bedAED 540K · Mar 2021
1–7 of 12

A602, Loreto 1A in numbers

  • Sold once: by DAMAC on 19 September 2019 for AED 731,250, or AED 918 per sqft.
  • Rented since August 2019 on 7 Ejari contracts, from AED 55,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 10.3%, 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 23 June 2025.

Questions about A602, Loreto 1A

What did unit A602 last sell for?

AED 731,250 on 19 September 2019, sold by the developer: AED 918 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit A602?

AED 75,000 a year on the contract renewed on 23 June 2025. The previous contract, from June 2025, was AED 75,000; the unit has been rented since August 2019.

How big is unit A602?

796 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit A602 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 A602, Loreto 1A

Starts from the last sale price (AED 731K, 19 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 731,250
Deposit, UAE resident (20%)
AED 146,250
Deposit, non-resident (40%)
AED 292,500
Monthly over 25 years at 3.7%
AED 2,992

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