Studio · 330 sqftLoreto 2A, Damac Hills · 6th floor · completed 2017

A602B, Loreto 2A

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A602B · DLD and Ejari recordsUpdated 14 March 2026
Last soldAED 500K9 December 2024
Current rentAED 42K /yr14 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A602B, Loreto 2A

What is A602B worth today?

Last sold for AED 500,000 in 2024

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14 Mar 2026RentedNew contract
AED 42,000/yr12 months · AED 126 per sqft
6 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 136 per sqft
6 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 136 per sqft
9 Dec 2024SoldReady
AED 500,000AED 1,515 per sqft
29 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 91 per sqft
29 Sep 2022RentedNew contract
AED 25,000/yr12 months · AED 76 per sqft
25 Dec 2019RentedRenewal
AED 31,000/yr12 months · AED 94 per sqft
25 Dec 2018RentedNew contract
AED 31,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 14 March 2026.

Key facts

Type
Studio apartment
Size
330 sqft
Floor
6th of 9
Parking
T3-LP1-01
Developer
DAMAC
Completed
2017
Service charge
AED 3,500 /yr
Last sold
AED 500K · December 2024
Building
Loreto 2A

About A602B, Loreto 2A

A602B is a studio of 330 sqft on the 6th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 December 2024 for AED 500,000, or AED 1,515 per sqft, 16% above the AED 1,302 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 14 March 2026, is AED 42,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for A602B over time

Sales
Unit A602B, 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, August 2014: AED 559,550 (AED 1,696 per sqft)Sold, December 2024: AED 500,000 (AED 1,515 per sqft)

A602B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A602B, each contractTypical studio in Loreto 2A
30K40K2018202120242027Typical 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 31,000 a yearRenewal, December 2019: AED 31,000 a yearNew contract, September 2022: AED 25,000 a yearRenewal, September 2023: AED 30,000 a yearNew contract, January 2025: AED 45,000 a yearNew contract, January 2025: AED 45,000 a yearNew contract, March 2026: AED 42,000 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 A602B sits

All 25 studios →

A602B last sold in December 2024 at AED 1,515 per sqft, 16% above what studios in Loreto 2A were fetching at the time (AED 1,302). A602B's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 2025635,000
10 Oct 2024595,000
9 Oct 2024450,000
20 Aug 2024570,000
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 6th floor

All 83 units in Loreto 2A
Value
A6011-bedAED 700K · Sep 2020
A6022-bedAED 2.31M · Aug 2014
A6031-bedAED 1.05M · Nov 2022
A604StudioAED 570K · Aug 2024
A605StudioAED 560K · May 2024
A606StudioAED 774K · Oct 2014
A6071-bedAED 1.07M · Aug 2014
1–7 of 12

A602B, Loreto 2A in numbers

  • Sold twice: first on 17 August 2014 for AED 559,550, last on 9 December 2024 for AED 500,000 (AED 1,515 per sqft).
  • Rented since December 2018 on 7 Ejari contracts. The rent fell from AED 31,000 to AED 25,000 in 2022 and recovered to AED 42,000 by March 2026.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 3,500 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 14 March 2026.

Questions about A602B, Loreto 2A

What did unit A602B last sell for?

AED 500,000 on 9 December 2024: AED 1,515 per sqft for 330 sqft. The unit has 2 registered sales; the first was AED 559,550 in August 2014.

What is the rent for unit A602B?

AED 42,000 a year on the contract signed on 14 March 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since December 2018.

How big is unit A602B?

330 sqft (30.7 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit A602B 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 A602B, Loreto 2A

Starts from the last sale price (AED 500K, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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