A308, Loreto 2A
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A308, Loreto 2A
What is A308 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 596 sqft
- Floor
- 3rd of 9
- Parking
- B-06
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,300 /yr
- Last sold
- AED 867K · August 2014
- Building
- Loreto 2A
About A308, Loreto 2A
A308 is a studio of 596 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 25 August 2014 for AED 867,350, or AED 1,455 per sqft, in line with the AED 1,489 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 46,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 6,300 a year.
Sales and rents for A308 over time
A308 has sold once; the dashed line is the studio median of each year in the building.
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 A308 sits
All 25 studios →A308 last sold in August 2014 at AED 1,455 per sqft, in line with what studios in Loreto 2A were fetching at the time (AED 1,489). A308's AED 46,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202510 September 2025 | 525 sqft | 635,000 | 1,209 | ||
| 9 Dec 20249 December 2024 | 330 sqft | 500,000 | 1,515 | ||
| 10 Oct 202410 October 2024 | 486 sqft | 595,000 | 1,223 | ||
| 9 Oct 20249 October 2024 | 321 sqft | 450,000 | 1,402 |
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 | |||||
|---|---|---|---|---|---|
| A301 | 2-bed | 1,917 sqft | AED 1.65MAED 1,652,000 · Aug 2022August 2022 | 92,000 /yr | |
| 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 | |
| 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 |
A308, Loreto 2A in numbers
- Sold once: by DAMAC on 25 August 2014 for AED 867,350, or AED 1,455 per sqft.
- Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2020 and recovered to AED 46,000 by September 2026.
- At AED 46,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 6,300 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 1 September 2026.
Questions about A308, Loreto 2A
What did unit A308 last sell for?
AED 867,350 on 25 August 2014, sold by the developer: AED 1,455 per sqft for 596 sqft. It is the only registered sale of the unit.
What is the rent for unit A308?
AED 46,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 46,000; the unit has been rented since September 2018.
How big is unit A308?
596 sqft (55.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A308 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 A308, Loreto 2A
Starts from the last sale price (AED 867K, 25 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 867,350
- Deposit, UAE resident (20%)
- AED 173,470
- Deposit, non-resident (40%)
- AED 346,940
- Monthly over 25 years at 3.7%
- AED 3,549
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →