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2-bed · 1,625 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A402, Loreto 2A

Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A402 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 1.32M14 March 2021
Current rentAED 145K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A402, Loreto 2A

What is A402 worth today?

Last sold for AED 1,320,000 in 2021

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8 Sep 2026RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
8 Sep 2025RentedNew contract
AED 155,000/yr12 months · AED 95 per sqft
1 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 89 per sqft
5 Apr 2023RentedRenewal
AED 70,000/yr12 months · AED 43 per sqft
5 Apr 2022RentedRenewal
AED 70,000/yr12 months · AED 43 per sqft
5 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
14 Mar 2021Sold by developerReady
AED 1,320,000AED 812 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
4th of 9
Parking
B-11
Developer
DAMAC
Completed
2017
Service charge
AED 17,300 /yr
Last sold
AED 1.32M · March 2021
Building
Loreto 2A

About A402, Loreto 2A

A402 is a two-bedroom apartment of 1,625 sqft on the 4th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 14 March 2021 for AED 1,320,000, or AED 812 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 145,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 17,300 a year.

Sales and rents for A402 over time

Sales
Unit A402, each saleTypical two-bed in Loreto 2A
1.5M2M2.5M2014201720202023Typical sale price by year: 2014 AED 2,312,300; 2019 AED 1,513,640; 2021 AED 1,268,031; 2022 AED 1,690,500Sold by developer, March 2021: AED 1,320,000 (AED 812 per sqft)

A402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A402, each contractTypical two-bed in Loreto 2A
100K150K201920222025Typical rent by year: 2019 AED 103,650; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 97,500; 2023 AED 150,000; 2024 AED 150,000; 2025 AED 140,000; 2026 AED 132,500New contract, April 2021: AED 100,000 a yearRenewal, April 2022: AED 70,000 a yearRenewal, April 2023: AED 70,000 a yearNew contract, September 2024: AED 145,000 a yearNew contract, September 2025: AED 155,000 a yearRenewal, September 2026: AED 145,000 a year

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 A402 sits

All 18 2-beds →

A402's AED 145,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20253,000,000
13 Jun 20241,700,000
8 May 20241,570,000
28 Apr 20232,098,000
0 2-bed 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 4th floor

All 83 units in Loreto 2A
Value
A4012-bedAED 2.24M · Nov 2014
A402AStudioAED 458K · Feb 2021
A4031-bedAED 1.1M · Sep 2014
A404StudioAED 755K · Dec 2014
A405StudioAED 731K · Nov 2017
A406StudioAED 719K · Nov 2017
A4071-bedAED 720K · Mar 2023
1–7 of 12

A402, Loreto 2A in numbers

  • Sold once: by DAMAC on 14 March 2021 for AED 1,320,000, or AED 812 per sqft.
  • Rented since April 2021 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2023 and recovered to AED 145,000 by September 2026.
  • At AED 145,000 a year the gross yield on the 2021 price is 11.0%, before a service charge of about AED 17,300 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 8 September 2026.

Questions about A402, Loreto 2A

What did unit A402 last sell for?

AED 1,320,000 on 14 March 2021, sold by the developer: AED 812 per sqft for 1,625 sqft. It is the only registered sale of the unit.

What is the rent for unit A402?

AED 145,000 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 155,000; the unit has been rented since April 2021.

How big is unit A402?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A402 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 A402, Loreto 2A

Starts from the last sale price (AED 1.32M, 14 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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