A311, Loreto 2A
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A311, Loreto 2A
What is A311 worth today?
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Source: Dubai Land Department. Updated 19 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Floor
- 3rd of 9
- Parking
- B-09
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,600 /yr
- Last sold
- AED 656K · August 2014
- Building
- Loreto 2A
About A311, Loreto 2A
A311 is a studio of 430 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 17 August 2014 for AED 655,500, or AED 1,523 per sqft, in line with the AED 1,488 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 19 January 2025, is AED 42,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 4,600 a year.
Sales and rents for A311 over time
A311 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 A311 sits
All 25 studios →A311 last sold in August 2014 at AED 1,523 per sqft, in line with what studios in Loreto 2A were fetching at the time (AED 1,488). A311's AED 42,000 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 | |
| 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, Loreto 2A in numbers
- Sold once: by DAMAC on 17 August 2014 for AED 655,500, or AED 1,523 per sqft.
- Rented since January 2019 on 4 Ejari contracts, from AED 43,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 4,600 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 19 January 2025.
Questions about A311, Loreto 2A
What did unit A311 last sell for?
AED 655,500 on 17 August 2014, sold by the developer: AED 1,523 per sqft for 430 sqft. It is the only registered sale of the unit.
What is the rent for unit A311?
AED 42,000 a year on the contract renewed on 19 January 2025. The previous contract, from January 2024, was AED 42,000; the unit has been rented since January 2019.
How big is unit A311?
430 sqft (39.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A311 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 A311, Loreto 2A
Starts from the last sale price (AED 656K, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 655,500
- Deposit, UAE resident (20%)
- AED 131,100
- Deposit, non-resident (40%)
- AED 262,200
- Monthly over 25 years at 3.7%
- AED 2,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →