A702, Loreto 2A
Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A702, Loreto 2A
What is A702 worth today?
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Source: Dubai Land Department. Updated 28 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,001 sqft
- Floor
- 7th of 9
- Parking
- UP1-23 , UP1-23A
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.1M · April 2023
- Building
- Loreto 2A
About A702, Loreto 2A
A702 is a two-bedroom apartment of 2,001 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 28 April 2023 for AED 2,098,000, or AED 1,048 per sqft, 22% above the AED 861 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for A702 over time
A702 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 2A, and where A702 sits
All 18 2-beds →A702 last sold in April 2023 at AED 1,048 per sqft, 22% above what two-beds in Loreto 2A were fetching at the time (AED 861).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 2,550 sqft | 3,000,000 | 1,176 | ||
| 13 Jun 202413 June 2024 | 1,485 sqft | 1,700,000 | 1,144 | ||
| 8 May 20248 May 2024 | 1,523 sqft | 1,570,000 | 1,030 | ||
| 15 Mar 202315 March 2023 | 2,554 sqft | 2,062,000 | 807 |
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 | |||||
|---|---|---|---|---|---|
| A701 | Studio | 428 sqft | AED 600KAED 600,400 · Aug 2014August 2014 | 50,000 /yr | |
| A701A | 1-bed | 1,394 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 120,000 /yr | |
| 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 |
A702, Loreto 2A in numbers
- Sold once: by DAMAC on 28 April 2023 for AED 2,098,000, or AED 1,048 per sqft.
Source: Dubai Land Department. Updated 28 April 2023.
Questions about A702, Loreto 2A
What did unit A702 last sell for?
AED 2,098,000 on 28 April 2023, sold by the developer: AED 1,048 per sqft for 2,001 sqft. It is the only registered sale of the unit.
How big is unit A702?
2,001 sqft (185.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit A702 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 A702, Loreto 2A
Starts from the last sale price (AED 2.1M, 28 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,098,000
- Deposit, UAE resident (20%)
- AED 419,600
- Deposit, non-resident (40%)
- AED 839,200
- Monthly over 25 years at 3.7%
- AED 8,584
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →