Studio · 418 sqftLoreto 1A, Damac Hills · 9th floor · completed 2017

A903, Loreto 1A

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A903 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 599K19 July 2018
Current rentAED 50K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A903, Loreto 1A

What is A903 worth today?

Last sold for AED 598,500 in 2018

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25 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
25 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
30 Jan 2024RentedNew contract
AED 36,000/yr12 months · AED 86 per sqft
3 Jan 2023RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
1 May 2022RentedRenewal
AED 32,000/yr6 months · AED 76 per sqft
1 Nov 2021RentedNew contract
AED 25,000/yr6 months · AED 60 per sqft
1 Nov 2020RentedRenewal
AED 27,000/yr12 months · AED 64 per sqft
1 Nov 2019RentedRenewal
AED 34,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
9th of 9
Parking
UP1-34
Developer
DAMAC
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 599K · July 2018
Building
Loreto 1A

About A903, Loreto 1A

A903 is a studio of 418 sqft on the 9th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 19 July 2018 for AED 598,500, or AED 1,430 per sqft, 3% above the AED 1,386 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 25 April 2025, is AED 50,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 5,800 a year.

Sales and rents for A903 over time

Sales
Unit A903, 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, July 2018: AED 598,500 (AED 1,430 per sqft)

A903 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A903, 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, November 2018: AED 33,000 a yearRenewal, November 2019: AED 34,000 a yearRenewal, November 2020: AED 27,000 a yearNew contract, November 2021: AED 25,000 a yearRenewal, May 2022: AED 32,000 a yearNew contract, January 2023: AED 30,000 a yearNew contract, January 2024: AED 36,000 a yearNew contract, April 2025: AED 50,000 a yearNew contract, April 2025: 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 A903 sits

All 22 studios →

A903 last sold in July 2018 at AED 1,430 per sqft, 3% above what studios in Loreto 1A were fetching at the time (AED 1,386). 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. A903'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 9th floor

All 84 units in Loreto 1A
Value
A9013-bedAED 1.25M · Jun 2021
A9021-bedAED 811K · Nov 2019
A904StudioAED 811K · Sep 2025
A9051-bedAED 970K · Jul 2026
A9061-bedAED 820K · May 2019
A9071-bedAED 819K · Feb 2023
A9082-bedAED 1.21M · Jun 2021
1–7 of 9

A903, Loreto 1A in numbers

  • Sold once: by DAMAC on 19 July 2018 for AED 598,500, or AED 1,430 per sqft.
  • Rented since November 2018 on 9 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2021 and recovered to AED 50,000 by April 2025.
  • At AED 50,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 5,800 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 25 April 2025.

Questions about A903, Loreto 1A

What did unit A903 last sell for?

AED 598,500 on 19 July 2018, sold by the developer: AED 1,430 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit A903?

AED 50,000 a year on the contract signed on 25 April 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since November 2018.

How big is unit A903?

418 sqft (38.8 sqm): a studio on the 9th floor of a 9-storey tower completed in 2017.

What is unit A903 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 A903, Loreto 1A

Starts from the last sale price (AED 599K, 19 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 598,500
Deposit, UAE resident (20%)
AED 119,700
Deposit, non-resident (40%)
AED 239,400
Monthly over 25 years at 3.7%
AED 2,449

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