1-bed · 1,394 sqftLoreto 2A, Damac Hills · 7th floor · completed 2017

A701A, Loreto 2A

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A701A · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.45M28 September 2023
Current rentAED 120K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A701A, Loreto 2A

What is A701A worth today?

Last sold for AED 1,450,000 in 2023

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20 Feb 2026RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
15 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
15 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
15 Mar 2024RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
28 Sep 2023SoldReady
AED 1,450,000AED 1,039 per sqft
1 Mar 2023RentedNew contract
AED 68,196/yr12 months · AED 49 per sqft
13 Jul 2021SoldReady
AED 600,000AED 860 per sqft
1 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
1,394 sqft
Floor
7th of 9
Parking
LP1-11
Developer
DAMAC
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.45M · September 2023
Building
Loreto 2A

About A701A, Loreto 2A

A701A is a one-bedroom apartment of 1,394 sqft on the 7th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 September 2023 for AED 1,450,000, or AED 1,039 per sqft, 7% above the AED 975 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 20 February 2026, is AED 120,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for A701A over time

Sales
Unit A701A, each saleTypical one-bed in Loreto 2A
500K1M1.5M2014201820222026Typical 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, July 2018: AED 1,353,000 (AED 970 per sqft)Sold, July 2021: AED 600,000 (AED 860 per sqft)Sold, September 2023: AED 1,450,000 (AED 1,039 per sqft)

A701A has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A701A, each contractTypical one-bed in Loreto 2A
50K100K2018202120242027Typical 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, March 2020: AED 60,000 a yearNew contract, March 2023: AED 68,196 a yearNew contract, March 2024: AED 115,000 a yearNew contract, March 2025: AED 115,000 a yearNew contract, March 2025: AED 115,000 a yearNew contract, February 2026: AED 120,000 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 A701A sits

All 36 1-beds →

A701A last sold in September 2023 at AED 1,039 per sqft, 7% above what one-beds in Loreto 2A were fetching at the time (AED 975). 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. A701A's AED 120,000 is at the top 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 7th floor

All 83 units in Loreto 2A
Value
A701StudioAED 600K · Aug 2014
A7022-bedAED 2.1M · Apr 2023
A702AStudioAED 460K · Jul 2024
A703StudioAED 660K · Aug 2014
A7042-bedAED 1.73M · Jun 2022
A7051-bedAED 1.09M · Nov 2014
A7061-bedAED 1.02M · Dec 2017
1–7 of 10

A701A, Loreto 2A in numbers

  • Sold 3 times: first on 1 July 2018 for AED 1,353,000, last on 28 September 2023 for AED 1,450,000 (AED 1,039 per sqft).
  • Rented since March 2020 on 6 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 14,800 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 20 February 2026.

Questions about A701A, Loreto 2A

What did unit A701A last sell for?

AED 1,450,000 on 28 September 2023: AED 1,039 per sqft for 1,394 sqft. The unit has 3 registered sales; the first was AED 1,353,000 in July 2018.

What is the rent for unit A701A?

AED 120,000 a year on the contract signed on 20 February 2026. The previous contract, from March 2025, was AED 115,000; the unit has been rented since March 2020.

How big is unit A701A?

1,394 sqft (129.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A701A 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 A701A, Loreto 2A

Starts from the last sale price (AED 1.45M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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