1-bed · 885 sqftLoreto 2A, Damac Hills · 7th floor · completed 2017

A706, Loreto 2A

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A706 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.02M12 December 2017
Current rentAED 12K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A706, Loreto 2A

What is A706 worth today?

Last sold for AED 1,017,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedNew contract · flagged as an outlier
AED 12,000/yr120 months · AED 14 per sqft
1 May 2025RentedNew contract · flagged as an outlier
AED 12,000/yr5 months · AED 14 per sqft
1 May 2025RentedNew contract · flagged as an outlier
AED 12,000/yr5 months · AED 14 per sqft
15 Dec 2023RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
15 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
16 Jun 2021RentedRenewal
AED 49,500/yr12 months · AED 56 per sqft
16 Jun 2020RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
16 Jun 2019RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
7th of 9
Parking
UP1-21
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 1.02M · December 2017
Building
Loreto 2A

About A706, Loreto 2A

A706 is a one-bedroom apartment of 885 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 12 December 2017 for AED 1,017,000, or AED 1,148 per sqft, 11% above the AED 1,034 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 November 2025, is AED 12,000 a year: a gross yield of 1.2% on the 2017 price, before the service charge of about AED 9,400 a year.

Sales and rents for A706 over time

Sales
Unit A706, each saleTypical one-bed in Loreto 2A
1M1.5M2014201820222026Typical 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, December 2017: AED 1,017,000 (AED 1,148 per sqft)

A706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A706, each contractTypical one-bed in Loreto 2A
40K60K80K2018202120242027Typical 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, June 2019: AED 50,000 a yearRenewal, June 2020: AED 45,000 a yearRenewal, June 2021: AED 49,500 a yearNew contract, December 2022: AED 55,000 a yearRenewal, December 2023: AED 60,000 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 A706 sits

All 36 1-beds →

A706 last sold in December 2017 at AED 1,148 per sqft, 11% above what one-beds in Loreto 2A were fetching at the time (AED 1,034). 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. A706's AED 12,000 is at the bottom 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
A701A1-bedAED 1.45M · Sep 2023
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
1–7 of 10

A706, Loreto 2A in numbers

  • Sold once: by DAMAC on 12 December 2017 for AED 1,017,000, or AED 1,148 per sqft.
  • Rented since June 2019 on 8 Ejari contracts, from AED 50,000 to AED 12,000 a year.
  • At AED 12,000 a year the gross yield on the 2017 price is 1.2%, before a service charge of about AED 9,400 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 1 November 2025.

Questions about A706, Loreto 2A

What did unit A706 last sell for?

AED 1,017,000 on 12 December 2017, sold by the developer: AED 1,148 per sqft for 885 sqft. It is the only registered sale of the unit.

What is the rent for unit A706?

AED 12,000 a year on the contract signed on 1 November 2025. The previous contract, from May 2025, was AED 12,000; the unit has been rented since June 2019.

How big is unit A706?

885 sqft (82.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A706 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.

Selling A706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A706, Loreto 2A

Starts from the last sale price (AED 1.02M, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,017,000
Deposit, UAE resident (20%)
AED 203,400
Deposit, non-resident (40%)
AED 406,800
Monthly over 25 years at 3.7%
AED 4,161

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