1-bed · 808 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A403, Loreto 2A

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A403 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 1.1M24 September 2014
Current rentAED 80K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A403, Loreto 2A

What is A403 worth today?

Last sold for AED 1,097,250 in 2014

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10 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
10 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
10 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
8 Dec 2022RentedRenewal
AED 53,900/yr12 months · AED 67 per sqft
8 Dec 2021RentedNew contract
AED 49,000/yr12 months · AED 61 per sqft
19 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedRenewal
AED 59,000/yr12 months · AED 73 per sqft
1 Oct 2018RentedNew contract
AED 63,500/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
4th of 9
Parking
B-13
Developer
DAMAC
Completed
2017
Service charge
AED 8,600 /yr
Last sold
AED 1.1M · September 2014
Building
Loreto 2A

About A403, Loreto 2A

A403 is a one-bedroom apartment of 808 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 24 September 2014 for AED 1,097,250, or AED 1,357 per sqft, 3% above the AED 1,316 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 10 December 2024, is AED 80,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for A403 over time

Sales
Unit A403, each saleTypical one-bed in Loreto 2A
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,123,850; 2015 AED 1,368,950; 2017 AED 964,180; 2018 AED 1,026,500; 2020 AED 730,000; 2021 AED 635,000; 2022 AED 1,050,000; 2023 AED 750,000; 2025 AED 1,080,000; 2026 AED 1,180,000Sold by developer, September 2014: AED 1,097,250 (AED 1,357 per sqft)

A403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A403, each contractTypical one-bed in Loreto 2A
40K60K80K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 55,000; 2020 AED 49,000; 2021 AED 47,000; 2022 AED 50,290; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 85,000; 2026 AED 85,000New contract, October 2018: AED 63,500 a yearRenewal, October 2019: AED 59,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, December 2021: AED 49,000 a yearRenewal, December 2022: AED 53,900 a yearNew contract, December 2023: AED 80,000 a yearNew contract, December 2023: AED 80,000 a yearNew contract, December 2024: AED 80,000 a year

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

1-beds in Loreto 2A, and where A403 sits

All 36 1-beds →

A403 last sold in September 2014 at AED 1,357 per sqft, 3% above what one-beds in Loreto 2A were fetching at the time (AED 1,316). Over the last 12 months one-beds sold for AED 1,170,000 to 1,250,000, around AED 951 per sqft, and rent for AED 69,000 to 120,000 a year. A403's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,250,000
24 Aug 20261,170,000
9 Feb 20261,180,000
19 Aug 20251,188,232
3 1-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
A4022-bedAED 1.32M · Mar 2021
A402AStudioAED 458K · Feb 2021
A404StudioAED 755K · Dec 2014
A405StudioAED 731K · Nov 2017
A406StudioAED 719K · Nov 2017
A4071-bedAED 720K · Mar 2023
1–7 of 12

A403, Loreto 2A in numbers

  • Sold once: by DAMAC on 24 September 2014 for AED 1,097,250, or AED 1,357 per sqft.
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 63,500 to AED 45,000 in 2020 and recovered to AED 80,000 by December 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 8,600 a year (AED 10.63 per sqft).
  • One-beds in Loreto 2A sold for AED 1,170,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,040 per sqft.

Source: Dubai Land Department. Updated 10 December 2024.

Questions about A403, Loreto 2A

What did unit A403 last sell for?

AED 1,097,250 on 24 September 2014, sold by the developer: AED 1,357 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit A403?

AED 80,000 a year on the contract signed on 10 December 2024. The previous contract, from December 2023, was AED 80,000; the unit has been rented since October 2018.

How big is unit A403?

808 sqft (75.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 2A sold for AED 1,170,000 to 1,250,000 in the last 12 months, around AED 951 per sqft.

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Mortgage on A403, Loreto 2A

Starts from the last sale price (AED 1.1M, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,097,250
Deposit, UAE resident (20%)
AED 219,450
Deposit, non-resident (40%)
AED 438,900
Monthly over 25 years at 3.7%
AED 4,489

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