A708, Loreto 1A
Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A708, Loreto 1A
What is A708 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 7th of 9
- Parking
- T1-UP1-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1M · August 2026
- Building
- Loreto 1A
About A708, Loreto 1A
A708 is a one-bedroom apartment of 832 sqft on the 7th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 5 August 2026 for AED 1,000,000, or AED 1,202 per sqft, in line with the AED 1,232 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 11 July 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2026 price, before the service charge of about AED 11,500 a year.
Sales and rents for A708 over time
A708 has sold 3 times; 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 A708 sits
All 40 1-beds →A708 last sold in August 2026 at AED 1,202 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,232). 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. A708's AED 85,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20268 July 2026 | 787 sqft | 970,000 | 1,232 | ||
| 19 Sep 202519 September 2025 | 860 sqft | 1,385,000 | 1,611 | ||
| 9 Apr 20259 April 2025 | 818 sqft | 1,050,000 | 1,283 | ||
| 15 Apr 202415 April 2024 | 796 sqft | 1,050,000 | 1,318 |
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 7th floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | 3-bed | 1,872 sqft | AED 2.41MAED 2,410,000 · Jan 2026January 2026 | 130,000 /yr | |
| A702 | Studio | 392 sqft | AED 659KAED 659,371 · Nov 2015November 2015 | 53,000 /yr | |
| A703 | 2-bed | 1,362 sqft | AED 1.95MAED 1,945,000 · Aug 2025August 2025 | ||
| A704 | 1-bed | 787 sqft | AED 1MAED 1,000,000 · Aug 2018August 2018 | ||
| A705 | 1-bed | 816 sqft | AED 1MAED 1,001,000 · Mar 2019March 2019 | 62,699 /yr | |
| A706 | 1-bed | 794 sqft | AED 954KAED 953,540 · Dec 2018December 2018 | 63,000 /yr | |
| A707 | 2-bed | 1,273 sqft | AED 1.9MAED 1,898,260 · Oct 2025October 2025 | 96,000 /yr | |
| A709 | 2-bed | 2,149 sqft | AED 2.03MAED 2,033,000 · Apr 2021April 2021 | 135,000 /yr |
A708, Loreto 1A in numbers
- Sold 3 times: first on 5 November 2018 for AED 1,027,000, last on 5 August 2026 for AED 1,000,000 (AED 1,202 per sqft).
- Rented since July 2021 on 6 Ejari contracts, from AED 50,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2026 price is 8.5%, before a service charge of about AED 11,500 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 5 August 2026.
Questions about A708, Loreto 1A
What did unit A708 last sell for?
AED 1,000,000 on 5 August 2026: AED 1,202 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 1,027,000 in November 2018.
What is the rent for unit A708?
AED 85,000 a year on the contract signed on 11 July 2025. The previous contract, from July 2025, was AED 85,000; the unit has been rented since July 2021.
How big is unit A708?
832 sqft (77.3 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit A708 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 A708, Loreto 1A
Starts from the last sale price (AED 1M, 5 August 2026). 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 →