A301, Loreto 2A
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A301, Loreto 2A
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Source: Dubai Land Department. Updated 11 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,917 sqft
- Floor
- 3rd of 9
- Parking
- LP1-26 , LP1-35
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.65M · August 2022
- Building
- Loreto 2A
About A301, Loreto 2A
A301 is a two-bedroom apartment of 1,917 sqft on the 3rd floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 11 August 2022 for AED 1,652,000, or AED 861 per sqft, 3% below the AED 888 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 12 February 2021, is AED 92,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 20,400 a year.
Sales and rents for A301 over time
A301 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 2A, and where A301 sits
All 18 2-beds →A301 last sold in August 2022 at AED 861 per sqft, 3% below what two-beds in Loreto 2A were fetching at the time (AED 888). A301's AED 92,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 2,550 sqft | 3,000,000 | 1,176 | ||
| 13 Jun 202413 June 2024 | 1,485 sqft | 1,700,000 | 1,144 | ||
| 8 May 20248 May 2024 | 1,523 sqft | 1,570,000 | 1,030 | ||
| 28 Apr 202328 April 2023 | 2,001 sqft | 2,098,000 | 1,048 |
Loreto 2A
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,040
- Typical sale
- AED 1.22M
- Typical rent
- AED 67K /yr
- Typical yield
- 8.7%
Other units on the 3rd floor
All 83 units in Loreto 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A302 | 3-bed | 3,653 sqft | AED 3.63MAED 3,627,000 · Mar 2023March 2023 | 190,000 /yr | |
| A303 | 1-bed | 1,314 sqft | AED 1.25MAED 1,250,000 · Oct 2026October 2026 | 104,719 /yr | |
| A304 | Studio | 581 sqft | AED 450KAED 450,000 · Mar 2023March 2023 | 59,520 /yr | |
| A305 | Studio | 592 sqft | AED 734KAED 734,000 · Jul 2018July 2018 | 45,000 /yr | |
| A306 | Studio | 580 sqft | AED 525KAED 525,000 · Sep 2023September 2023 | 45,000 /yr | |
| A307 | 1-bed | 867 sqft | AED 1.11MAED 1,111,500 · Sep 2014September 2014 | 85,000 /yr | |
| A308 | Studio | 596 sqft | AED 867KAED 867,350 · Aug 2014August 2014 | 46,000 /yr | |
| A309 | 1-bed | 982 sqft | AED 1.27MAED 1,266,350 · Sep 2014September 2014 | 85,000 /yr | |
| A310 | 2-bed | 1,477 sqft | AED 1.35MAED 1,352,000 · Apr 2022April 2022 | ||
| A311 | Studio | 430 sqft | AED 656KAED 655,500 · Aug 2014August 2014 | 42,000 /yr |
A301, Loreto 2A in numbers
- Sold once: by DAMAC on 11 August 2022 for AED 1,652,000, or AED 861 per sqft.
- Rented since February 2019 on 3 Ejari contracts, from AED 105,000 to AED 92,000 a year.
- At AED 92,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 20,400 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 11 August 2022.
Questions about A301, Loreto 2A
What did unit A301 last sell for?
AED 1,652,000 on 11 August 2022, sold by the developer: AED 861 per sqft for 1,917 sqft. It is the only registered sale of the unit.
What is the rent for unit A301?
AED 92,000 a year on the contract renewed on 12 February 2021. The previous contract, from February 2020, was AED 96,000; the unit has been rented since February 2019.
How big is unit A301?
1,917 sqft (178.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A301, Loreto 2A
Starts from the last sale price (AED 1.65M, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,652,000
- Deposit, UAE resident (20%)
- AED 330,400
- Deposit, non-resident (40%)
- AED 660,800
- Monthly over 25 years at 3.7%
- AED 6,759
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →