Studio · 530 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A405, Loreto 2A

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A405 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 731K28 November 2017
Current rentAED 44K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A405, Loreto 2A

What is A405 worth today?

Last sold for AED 731,000 in 2017

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25 Mar 2026RentedRenewal
AED 44,000/yr12 months · AED 83 per sqft
25 Mar 2025RentedRenewal
AED 39,600/yr12 months · AED 75 per sqft
25 Mar 2025RentedRenewal
AED 39,600/yr12 months · AED 75 per sqft
25 Mar 2024RentedRenewal
AED 36,000/yr12 months · AED 68 per sqft
25 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 62 per sqft
25 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 53 per sqft
10 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
4 Apr 2019RentedNew contract
AED 37,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
4th of 9
Parking
B-31
Developer
DAMAC
Completed
2017
Service charge
AED 5,600 /yr
Last sold
AED 731K · November 2017
Building
Loreto 2A

About A405, Loreto 2A

A405 is a studio of 530 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 28 November 2017 for AED 731,000, or AED 1,380 per sqft, in line with the AED 1,380 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 44,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for A405 over time

Sales
Unit A405, each saleTypical studio in Loreto 2A
500K600K700K2014201720202023Typical sale price by year: 2014 AED 672,600; 2017 AED 719,000; 2018 AED 713,500; 2024 AED 530,000Sold by developer, November 2017: AED 731,000 (AED 1,380 per sqft)

A405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A405, each contractTypical studio in Loreto 2A
30K40K2018202120242027Typical 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, April 2019: AED 37,000 a yearNew contract, August 2021: AED 25,000 a yearNew contract, March 2022: AED 28,000 a yearNew contract, March 2023: AED 33,000 a yearRenewal, March 2024: AED 36,000 a yearRenewal, March 2025: AED 39,600 a yearRenewal, March 2025: AED 39,600 a yearRenewal, March 2026: AED 44,000 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 A405 sits

All 25 studios →

A405 last sold in November 2017 at AED 1,380 per sqft, in line with what studios in Loreto 2A were fetching at the time (AED 1,380). A405's AED 44,000 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 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
A4031-bedAED 1.1M · Sep 2014
A404StudioAED 755K · Dec 2014
A406StudioAED 719K · Nov 2017
A4071-bedAED 720K · Mar 2023
1–7 of 12

A405, Loreto 2A in numbers

  • Sold once: by DAMAC on 28 November 2017 for AED 731,000, or AED 1,380 per sqft.
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 25,000 in 2021 and recovered to AED 44,000 by March 2026.
  • At AED 44,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 5,600 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 25 March 2026.

Questions about A405, Loreto 2A

What did unit A405 last sell for?

AED 731,000 on 28 November 2017, sold by the developer: AED 1,380 per sqft for 530 sqft. It is the only registered sale of the unit.

What is the rent for unit A405?

AED 44,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 39,600; the unit has been rented since April 2019.

How big is unit A405?

530 sqft (49.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit A405 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 A405, Loreto 2A

Starts from the last sale price (AED 731K, 28 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 731,000
Deposit, UAE resident (20%)
AED 146,200
Deposit, non-resident (40%)
AED 292,400
Monthly over 25 years at 3.7%
AED 2,991

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