Studio · 482 sqftLoreto 1A, Damac Hills · 6th floor · completed 2017

A603, Loreto 1A

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A603 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 630K11 July 2024
Current rentAED 50K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A603, Loreto 1A

What is A603 worth today?

Last sold for AED 630,000 in 2024

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16 Sep 2026RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
16 Sep 2025RentedRenewal
AED 55,000/yr12 months · AED 114 per sqft
16 Sep 2024RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
11 Jul 2024SoldReady
AED 630,000AED 1,307 per sqft
14 Mar 2024SoldReady
AED 460,000AED 954 per sqft
6 Aug 2018Sold by developerReady
AED 655,000AED 1,359 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
6th of 9
Parking
T1-LP1-02
Developer
DAMAC
Completed
2017
Service charge
AED 6,700 /yr
Last sold
AED 630K · July 2024
Building
Loreto 1A

About A603, Loreto 1A

A603 is a studio of 482 sqft on the 6th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 11 July 2024 for AED 630,000, or AED 1,307 per sqft, 37% above the AED 954 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 16 September 2026, is AED 50,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for A603 over time

Sales
Unit A603, each saleTypical studio in Loreto 1A
500K600K700K2018202120242027Typical 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, August 2018: AED 655,000 (AED 1,359 per sqft)Sold, March 2024: AED 460,000 (AED 954 per sqft)Sold, July 2024: AED 630,000 (AED 1,307 per sqft)

A603 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A603, each contractTypical studio in Loreto 1A
40K2018202120242027Typical 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, September 2024: AED 55,000 a yearRenewal, September 2025: AED 55,000 a yearRenewal, September 2026: AED 50,000 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 A603 sits

All 22 studios →

A603 last sold in July 2024 at AED 1,307 per sqft, 37% above what studios in Loreto 1A were fetching at the time (AED 954). 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. A603's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026600,000
20 May 2026570,000
12 May 2026620,000
24 Nov 2025500,000
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 6th floor

All 84 units in Loreto 1A
Value
A6013-bedAED 2.85M · Nov 2025
A6021-bedAED 731K · Sep 2019
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

A603, Loreto 1A in numbers

  • Sold 3 times: first on 6 August 2018 for AED 655,000, last on 11 July 2024 for AED 630,000 (AED 1,307 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 55,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.9%, 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 16 September 2026.

Questions about A603, Loreto 1A

What did unit A603 last sell for?

AED 630,000 on 11 July 2024: AED 1,307 per sqft for 482 sqft. The unit has 3 registered sales; the first was AED 655,000 in August 2018.

What is the rent for unit A603?

AED 50,000 a year on the contract renewed on 16 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since September 2024.

How big is unit A603?

482 sqft (44.8 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit A603 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 A603, Loreto 1A

Starts from the last sale price (AED 630K, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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