Studio · 522 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A406, Loreto 2A

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A406 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 719K20 November 2017
Current rentAED 45K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A406, Loreto 2A

What is A406 worth today?

Last sold for AED 719,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2026RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 May 2025RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
4 Mar 2024RentedRenewal
AED 36,000/yr12 months · AED 70 per sqft
4 Mar 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
17 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
31 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
8 Dec 2019RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
3 Dec 2018RentedNew contract
AED 37,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
4th of 9
Parking
B-32
Developer
DAMAC
Completed
2017
Service charge
AED 5,500 /yr
Last sold
AED 719K · November 2017
Building
Loreto 2A

About A406, Loreto 2A

A406 is a studio of 522 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 20 November 2017 for AED 719,000, or AED 1,378 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 June 2026, is AED 45,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 5,500 a year.

Sales and rents for A406 over time

Sales
Unit A406, 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 719,000 (AED 1,378 per sqft)

A406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A406, each contractTypical studio in Loreto 2A
30K40K50K2018202120242027Typical 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, December 2018: AED 37,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, March 2023: AED 36,000 a yearRenewal, March 2024: AED 36,000 a yearNew contract, May 2025: AED 48,000 a yearNew contract, June 2026: AED 45,000 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 A406 sits

All 25 studios →

A406's AED 45,000 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
A405StudioAED 731K · Nov 2017
A4071-bedAED 720K · Mar 2023
1–7 of 12

A406, Loreto 2A in numbers

  • Sold once: by DAMAC on 20 November 2017 for AED 719,000, or AED 1,378 per sqft.
  • Rented since December 2018 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 26,000 in 2021 and recovered to AED 45,000 by June 2026.
  • At AED 45,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 5,500 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 1 June 2026.

Questions about A406, Loreto 2A

What did unit A406 last sell for?

AED 719,000 on 20 November 2017, sold by the developer: AED 1,378 per sqft for 522 sqft. It is the only registered sale of the unit.

What is the rent for unit A406?

AED 45,000 a year on the contract signed on 1 June 2026. The previous contract, from May 2025, was AED 48,000; the unit has been rented since December 2018.

How big is unit A406?

522 sqft (48.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit A406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling A406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A406, Loreto 2A

Starts from the last sale price (AED 719K, 20 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 719,000
Deposit, UAE resident (20%)
AED 143,800
Deposit, non-resident (40%)
AED 287,600
Monthly over 25 years at 3.7%
AED 2,942

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