1-bed · 841 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A407, Loreto 2A

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A407 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 720K21 March 2023
Current rentAED 62K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A407, Loreto 2A

What is A407 worth today?

Last sold for AED 720,000 in 2023

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1 Nov 2025RentedRenewal
AED 62,000/yr12 months · AED 74 per sqft
1 Nov 2024RentedRenewal
AED 59,400/yr12 months · AED 71 per sqft
1 Nov 2023RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
21 Mar 2023SoldReady
AED 720,000AED 856 per sqft
1 Nov 2022RentedNew contract
AED 48,400/yr12 months · AED 58 per sqft
1 Nov 2019RentedRenewal
AED 52,000/yr12 months · AED 62 per sqft
1 Nov 2018RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
4 Dec 2014Sold by developerOff-plan
AED 1,068,750AED 1,271 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
4th of 9
Parking
G-1
Developer
DAMAC
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 720K · March 2023
Building
Loreto 2A

About A407, Loreto 2A

A407 is a one-bedroom apartment of 841 sqft on the 4th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 21 March 2023 for AED 720,000, or AED 856 per sqft, 16% below the AED 1,023 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 62,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 8,900 a year.

Sales and rents for A407 over time

Sales
Unit A407, 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, December 2014: AED 1,068,750 (AED 1,271 per sqft)Sold, March 2023: AED 720,000 (AED 856 per sqft)

A407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A407, each contractTypical one-bed in Loreto 2A
60K80K2018202120242027Typical 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, November 2018: AED 52,000 a yearRenewal, November 2019: AED 52,000 a yearNew contract, November 2022: AED 48,400 a yearRenewal, November 2023: AED 54,000 a yearRenewal, November 2024: AED 59,400 a yearRenewal, November 2025: AED 62,000 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 A407 sits

All 36 1-beds →

A407 last sold in March 2023 at AED 856 per sqft, 16% below what one-beds in Loreto 2A were fetching at the time (AED 1,023). 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. A407's AED 62,000 is at the bottom 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
A4031-bedAED 1.1M · Sep 2014
A404StudioAED 755K · Dec 2014
A405StudioAED 731K · Nov 2017
A406StudioAED 719K · Nov 2017
1–7 of 12

A407, Loreto 2A in numbers

  • Sold twice: first on 4 December 2014 for AED 1,068,750, last on 21 March 2023 for AED 720,000 (AED 856 per sqft).
  • Rented since November 2018 on 6 Ejari contracts, from AED 52,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 8,900 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 1 November 2025.

Questions about A407, Loreto 2A

What did unit A407 last sell for?

AED 720,000 on 21 March 2023: AED 856 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,068,750 in December 2014.

What is the rent for unit A407?

AED 62,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 59,400; the unit has been rented since November 2018.

How big is unit A407?

841 sqft (78.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A407 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 A407, Loreto 2A

Starts from the last sale price (AED 720K, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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