A502A, Loreto 2A
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A502A, Loreto 2A
What is A502A worth today?
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Source: Dubai Land Department. Updated 12 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 321 sqft
- Floor
- 5th of 9
- Parking
- T3-G-8
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 3,400 /yr
- Last sold
- AED 450K · October 2024
- Building
- Loreto 2A
About A502A, Loreto 2A
A502A is a studio of 321 sqft on the 5th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 October 2024 for AED 450,000, or AED 1,402 per sqft, 11% above the AED 1,264 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 12 January 2025, is AED 44,555 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 3,400 a year.
Sales and rents for A502A over time
A502A has sold twice; the dashed line is the studio median of each year in the building.
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 A502A sits
All 25 studios →A502A last sold in October 2024 at AED 1,402 per sqft, 11% above what studios in Loreto 2A were fetching at the time (AED 1,264). A502A's AED 44,555 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202510 September 2025 | 525 sqft | 635,000 | 1,209 | ||
| 9 Dec 20249 December 2024 | 330 sqft | 500,000 | 1,515 | ||
| 10 Oct 202410 October 2024 | 486 sqft | 595,000 | 1,223 | ||
| 20 Aug 202420 August 2024 | 496 sqft | 570,000 | 1,148 |
Loreto 2A
Building83 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%
Other units on the 5th floor
All 83 units in Loreto 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 2-bed | 1,702 sqft | AED 2.43MAED 2,432,950 · Aug 2014August 2014 | 110,000 /yr | |
| A503 | 1-bed | 801 sqft | AED 980KAED 980,400 · Sep 2014September 2014 | 70,000 /yr | |
| A504 | Studio | 495 sqft | AED 755KAED 755,250 · Nov 2014November 2014 | 38,808 /yr | |
| A505 | Studio | 525 sqft | AED 635KAED 635,000 · Sep 2025September 2025 | 48,000 /yr | |
| A506 | Studio | 526 sqft | AED 723KAED 723,000 · Feb 2018February 2018 | 50,000 /yr | |
| A507 | 1-bed | 837 sqft | AED 670KAED 670,000 · Jan 2022January 2022 | 90,000 /yr | |
| A508 | 1-bed | 886 sqft | AED 1.02MAED 1,020,000 · Apr 2025April 2025 | 53,810 /yr | |
| A509 | 1-bed | 852 sqft | AED 966KAED 965,972 · Sep 2024September 2024 | 84,000 /yr | |
| A510 | 1-bed | 1,021 sqft | AED 1.41MAED 1,406,950 · Mar 2015March 2015 | 85,000 /yr | |
| A511 | 2-bed | 1,495 sqft | AED 1.27MAED 1,268,031 · Jul 2021July 2021 | 135,000 /yr | |
| A512 | Studio | 430 sqft | AED 673KAED 672,600 · Aug 2014August 2014 | 46,000 /yr |
A502A, Loreto 2A in numbers
- Sold twice: first on 21 September 2014 for AED 563,350, last on 9 October 2024 for AED 450,000 (AED 1,402 per sqft).
- Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2022 and recovered to AED 44,555 by January 2025.
- At AED 44,555 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 3,400 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 12 January 2025.
Questions about A502A, Loreto 2A
What did unit A502A last sell for?
AED 450,000 on 9 October 2024: AED 1,402 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 563,350 in September 2014.
What is the rent for unit A502A?
AED 44,555 a year on the contract signed on 12 January 2025. The previous contract, from December 2023, was AED 29,000; the unit has been rented since April 2019.
How big is unit A502A?
321 sqft (29.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit A502A 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 A502A, Loreto 2A
Starts from the last sale price (AED 450K, 9 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →