A506, Loreto 2A
Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A506, Loreto 2A
What is A506 worth today?
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Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 5th of 9
- Parking
- G-12
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 723K · February 2018
- Building
- Loreto 2A
About A506, Loreto 2A
A506 is a studio of 526 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 27 February 2018 for AED 723,000, or AED 1,375 per sqft, in line with the AED 1,380 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 50,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 5,600 a year.
Sales and rents for A506 over time
A506 has sold once; 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 A506 sits
All 25 studios →A506 last sold in February 2018 at AED 1,375 per sqft, in line with what studios in Loreto 2A were fetching at the time (AED 1,380). A506's AED 50,000 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 | ||
| 9 Oct 20249 October 2024 | 321 sqft | 450,000 | 1,402 |
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 | |
| A502A | Studio | 321 sqft | AED 450KAED 450,000 · Oct 2024October 2024 | 44,555 /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 | |
| 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 |
A506, Loreto 2A in numbers
- Sold once: by DAMAC on 27 February 2018 for AED 723,000, or AED 1,375 per sqft.
- Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 37,000 to AED 26,000 in 2021 and recovered to AED 50,000 by December 2025.
- At AED 50,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 5,600 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 15 December 2025.
Questions about A506, Loreto 2A
What did unit A506 last sell for?
AED 723,000 on 27 February 2018, sold by the developer: AED 1,375 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit A506?
AED 50,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 46,000; the unit has been rented since November 2018.
How big is unit A506?
526 sqft (48.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit A506 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 A506, Loreto 2A
Starts from the last sale price (AED 723K, 27 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 723,000
- Deposit, UAE resident (20%)
- AED 144,600
- Deposit, non-resident (40%)
- AED 289,200
- Monthly over 25 years at 3.7%
- AED 2,958
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →