1-bed · 801 sqftLoreto 2A, Damac Hills · 5th floor · completed 2017

A503, 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 A503 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 980K21 September 2014
Current rentAED 70K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A503, Loreto 2A

What is A503 worth today?

Last sold for AED 980,400 in 2014

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7 Dec 2025RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
7 Dec 2024RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
7 Dec 2024RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
7 Dec 2023RentedRenewal
AED 55,000/yr12 months · AED 69 per sqft
7 Dec 2022RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
7 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
7 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
21 Sep 2014Sold by developerOff-plan
AED 980,400AED 1,223 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 9
Parking
G-9
Developer
DAMAC
Completed
2017
Service charge
AED 8,500 /yr
Last sold
AED 980K · September 2014
Building
Loreto 2A

About A503, Loreto 2A

A503 is a one-bedroom apartment of 801 sqft on the 5th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 21 September 2014 for AED 980,400, or AED 1,223 per sqft, 7% below the AED 1,316 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 70,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 8,500 a year.

Sales and rents for A503 over time

Sales
Unit A503, 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 980,400 (AED 1,223 per sqft)

A503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A503, 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, July 2018: AED 70,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 50,000 a yearRenewal, December 2023: AED 55,000 a yearRenewal, December 2024: AED 70,000 a yearRenewal, December 2024: AED 70,000 a yearRenewal, December 2025: AED 70,000 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 A503 sits

All 36 1-beds →

A503 last sold in September 2014 at AED 1,223 per sqft, 7% below 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. A503's AED 70,000 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 5th floor

All 83 units in Loreto 2A
Value
A5012-bedAED 2.43M · Aug 2014
A502AStudioAED 450K · Oct 2024
A504StudioAED 755K · Nov 2014
A505StudioAED 635K · Sep 2025
A506StudioAED 723K · Feb 2018
A5071-bedAED 670K · Jan 2022
A5081-bedAED 1.02M · Apr 2025
1–7 of 11

A503, Loreto 2A in numbers

  • Sold once: by DAMAC on 21 September 2014 for AED 980,400, or AED 1,223 per sqft.
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2022 and recovered to AED 70,000 by December 2025.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 8,500 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 7 December 2025.

Questions about A503, Loreto 2A

What did unit A503 last sell for?

AED 980,400 on 21 September 2014, sold by the developer: AED 1,223 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit A503?

AED 70,000 a year on the contract renewed on 7 December 2025. The previous contract, from December 2024, was AED 70,000; the unit has been rented since July 2018.

How big is unit A503?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit A503 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 A503, Loreto 2A

Starts from the last sale price (AED 980K, 21 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 980,400
Deposit, UAE resident (20%)
AED 196,080
Deposit, non-resident (40%)
AED 392,160
Monthly over 25 years at 3.7%
AED 4,011

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