Studio · 580 sqftLoreto 2A, Damac Hills · 3rd floor · completed 2017

A306, Loreto 2A

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A306 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 525K9 September 2023
Current rentAED 45K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A306, Loreto 2A

What is A306 worth today?

Last sold for AED 525,000 in 2023

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16 Jun 2026RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
1 Sep 2024RentedNew contract
AED 55,000/yr12 months · AED 95 per sqft
9 Sep 2023SoldReady
AED 525,000AED 905 per sqft
29 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
29 Sep 2021SoldReady
AED 400,000AED 689 per sqft
26 Mar 2019Sold by developerReady
AED 718,740AED 1,239 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
Studio apartment
Size
580 sqft
Floor
3rd of 9
Parking
B-04
Developer
DAMAC
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 525K · September 2023
Building
Loreto 2A

About A306, Loreto 2A

A306 is a studio of 580 sqft on the 3rd floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 September 2023 for AED 525,000, or AED 905 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 16 June 2026, is AED 45,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for A306 over time

Sales
Unit A306, each saleTypical studio in Loreto 2A
400K600K2014201720202023Typical sale price by year: 2014 AED 672,600; 2017 AED 719,000; 2018 AED 713,500; 2024 AED 530,000Sold by developer, March 2019: AED 718,740 (AED 1,239 per sqft)Sold, September 2021: AED 400,000 (AED 689 per sqft)Sold, September 2023: AED 525,000 (AED 905 per sqft)

A306 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A306, each contractTypical studio in Loreto 2A
40K60K2018202120242027Typical rent by year: 2018 AED 37,000; 2019 AED 35,000; 2020 AED 31,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 34,050; 2024 AED 43,500; 2025 AED 45,000; 2026 AED 45,000New contract, November 2021: AED 30,000 a yearNew contract, September 2024: AED 55,000 a yearNew contract, June 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Loreto 2A, and where A306 sits

All 25 studios →

A306's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 2025635,000
9 Dec 2024500,000
10 Oct 2024595,000
9 Oct 2024450,000
0 studio sales in the last 12 months

Loreto 2A

Building

83 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%
Loreto 2A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 83 units in Loreto 2A
Value
A3012-bedAED 1.65M · Aug 2022
A3023-bedAED 3.63M · Mar 2023
A3031-bedAED 1.25M · Oct 2026
A304StudioAED 450K · Mar 2023
A305StudioAED 734K · Jul 2018
A3071-bedAED 1.11M · Sep 2014
A308StudioAED 867K · Aug 2014
1–7 of 10

A306, Loreto 2A in numbers

  • Sold 3 times: first on 26 March 2019 for AED 718,740, last on 9 September 2023 for AED 525,000 (AED 905 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 30,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 16 June 2026.

Questions about A306, Loreto 2A

What did unit A306 last sell for?

AED 525,000 on 9 September 2023: AED 905 per sqft for 580 sqft. The unit has 3 registered sales; the first was AED 718,740 in March 2019.

What is the rent for unit A306?

AED 45,000 a year on the contract signed on 16 June 2026. The previous contract, from September 2024, was AED 55,000; the unit has been rented since November 2021.

How big is unit A306?

580 sqft (53.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A306 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 A306, Loreto 2A

Starts from the last sale price (AED 525K, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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