1-bed · 787 sqftLoreto 1A, Damac Hills · 7th floor · completed 2017

A704, Loreto 1A

Sold prices and rental history: sold once, by the developer in August 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A704 · DLD and Ejari recordsUpdated 27 August 2018
Last soldAED 1M27 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A704, Loreto 1A

What is A704 worth today?

Last sold for AED 1,000,000 in 2018

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27 Aug 2018Sold by developerReady
AED 1,000,000AED 1,270 per sqft

Source: Dubai Land Department. Updated 27 August 2018.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
7th of 9
Parking
UP1-18
Developer
DAMAC
Completed
2017
Service charge
AED 10,900 /yr
Last sold
AED 1M · August 2018
Building
Loreto 1A

About A704, Loreto 1A

A704 is a one-bedroom apartment of 787 sqft on the 7th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 27 August 2018 for AED 1,000,000, or AED 1,270 per sqft, in line with the AED 1,239 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A704 over time

Sales
Unit A704, 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, August 2018: AED 1,000,000 (AED 1,270 per sqft)

A704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A704, each contractTypical one-bed in Loreto 1A
40K60K20192021202320252027Typical 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 70,000

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 A704 sits

All 40 1-beds →

A704 last sold in August 2018 at AED 1,270 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,239). 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.

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 7th floor

All 84 units in Loreto 1A
Value
A7013-bedAED 2.41M · Jan 2026
A702StudioAED 659K · Nov 2015
A7032-bedAED 1.95M · Aug 2025
A7051-bedAED 1M · Mar 2019
A7061-bedAED 954K · Dec 2018
A7072-bedAED 1.9M · Oct 2025
A7081-bedAED 1M · Aug 2026
1–7 of 8

A704, Loreto 1A in numbers

  • Sold once: by DAMAC on 27 August 2018 for AED 1,000,000, or AED 1,270 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 27 August 2018.

Questions about A704, Loreto 1A

What did unit A704 last sell for?

AED 1,000,000 on 27 August 2018, sold by the developer: AED 1,270 per sqft for 787 sqft. It is the only registered sale of the unit.

How big is unit A704?

787 sqft (73.1 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A704 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 A704, Loreto 1A

Starts from the last sale price (AED 1M, 27 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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