A701, Loreto 2A
Sold prices and rental history: sold once, by the developer in August 2014, 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 A701, Loreto 2A
What is A701 worth today?
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Source: Dubai Land Department. Updated 21 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 7th of 9
- Parking
- UP1-16
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,600 /yr
- Last sold
- AED 600K · August 2014
- Building
- Loreto 2A
About A701, Loreto 2A
A701 is a studio of 428 sqft on the 7th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 17 August 2014 for AED 600,400, or AED 1,402 per sqft, 6% below the AED 1,488 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 21 March 2026, is AED 50,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 4,600 a year.
Sales and rents for A701 over time
A701 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 A701 sits
All 25 studios →A701 last sold in August 2014 at AED 1,402 per sqft, 6% below what studios in Loreto 2A were fetching at the time (AED 1,488). A701'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 7th floor
All 83 units in Loreto 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701A | 1-bed | 1,394 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 120,000 /yr | |
| A702 | 2-bed | 2,001 sqft | AED 2.1MAED 2,098,000 · Apr 2023April 2023 | ||
| A702A | Studio | 333 sqft | AED 460KAED 460,000 · Jul 2024July 2024 | 38,000 /yr | |
| A703 | Studio | 455 sqft | AED 660KAED 660,250 · Aug 2014August 2014 | 43,050 /yr | |
| A704 | 2-bed | 1,617 sqft | AED 1.73MAED 1,729,000 · Jun 2022June 2022 | 106,000 /yr | |
| A705 | 1-bed | 850 sqft | AED 1.09MAED 1,091,550 · Nov 2014November 2014 | 83,000 /yr | |
| A706 | 1-bed | 885 sqft | AED 1.02MAED 1,017,000 · Dec 2017December 2017 | 12,000 /yr | |
| A707 | 1-bed | 843 sqft | AED 730KAED 730,000 · Oct 2021October 2021 | 69,000 /yr | |
| A708 | 2-bed | 1,556 sqft | AED 2MAED 1,995,000 · Dec 2014December 2014 | ||
| A709 | 1-bed | 777 sqft | AED 1.1MAED 1,098,200 · Dec 2014December 2014 | 70,000 /yr |
A701, Loreto 2A in numbers
- Sold once: by DAMAC on 17 August 2014 for AED 600,400, or AED 1,402 per sqft.
- Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2020 and recovered to AED 50,000 by March 2026.
- At AED 50,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 4,600 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 21 March 2026.
Questions about A701, Loreto 2A
What did unit A701 last sell for?
AED 600,400 on 17 August 2014, sold by the developer: AED 1,402 per sqft for 428 sqft. It is the only registered sale of the unit.
What is the rent for unit A701?
AED 50,000 a year on the contract renewed on 21 March 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since July 2018.
How big is unit A701?
428 sqft (39.8 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit A701 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 A701, Loreto 2A
Starts from the last sale price (AED 600K, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 600,400
- Deposit, UAE resident (20%)
- AED 120,080
- Deposit, non-resident (40%)
- AED 240,160
- Monthly over 25 years at 3.7%
- AED 2,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →