Studio · 486 sqftLoreto 2A, Damac Hills · 8th floor · completed 2017

A803, Loreto 2A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A803 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 595K10 October 2024
Current rentAED 65K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A803, Loreto 2A

What is A803 worth today?

Last sold for AED 595,000 in 2024

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26 Nov 2025RentedRenewal
AED 65,000/yr12 months · AED 134 per sqft
26 Nov 2024RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
10 Oct 2024SoldReady
AED 595,000AED 1,223 per sqft
1 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
1 Feb 2020RentedRenewal
AED 33,000/yr12 months · AED 68 per sqft
1 Feb 2019RentedNew contract
AED 40,000/yr12 months · AED 82 per sqft
24 Sep 2014Sold by developerOff-plan
AED 660,250AED 1,357 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
T3-UP1-30
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 595K · October 2024
Building
Loreto 2A

About A803, Loreto 2A

A803 is a studio of 486 sqft on the 8th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 10 October 2024 for AED 595,000, or AED 1,223 per sqft, in line with the AED 1,223 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 26 November 2025, is AED 65,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for A803 over time

Sales
Unit A803, 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, September 2014: AED 660,250 (AED 1,357 per sqft)Sold, October 2024: AED 595,000 (AED 1,223 per sqft)

A803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A803, each contractTypical studio in Loreto 2A
20K40K60K2018202120242027Typical 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, February 2019: AED 40,000 a yearRenewal, February 2020: AED 33,000 a yearNew contract, October 2023: AED 42,000 a yearNew contract, November 2024: AED 65,000 a yearRenewal, November 2025: AED 65,000 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 A803 sits

All 25 studios →

A803 last sold in October 2024 at AED 1,223 per sqft, in line with what studios in Loreto 2A were fetching at the time (AED 1,223). A803's AED 65,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 2025635,000
9 Dec 2024500,000
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 8th floor

All 83 units in Loreto 2A
Value
A801StudioAED 600K · Oct 2018
A801A1-bedAED 1.33M · Aug 2022
A8022-bedAED 950K · Aug 2020
A802AStudioAED 553K · Sep 2014
A8042-bedAED 1.57M · May 2024
A8051-bedAED 1.08M · Jan 2025
A8061-bedAED 1M · Feb 2025
1–7 of 10

A803, Loreto 2A in numbers

  • Sold twice: first on 24 September 2014 for AED 660,250, last on 10 October 2024 for AED 595,000 (AED 1,223 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2020 and recovered to AED 65,000 by November 2025.
  • At AED 65,000 a year the gross yield on the 2024 price is 10.9%, before a service charge of about AED 5,200 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 26 November 2025.

Questions about A803, Loreto 2A

What did unit A803 last sell for?

AED 595,000 on 10 October 2024: AED 1,223 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 660,250 in September 2014.

What is the rent for unit A803?

AED 65,000 a year on the contract renewed on 26 November 2025. The previous contract, from November 2024, was AED 65,000; the unit has been rented since February 2019.

How big is unit A803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit A803 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 A803, Loreto 2A

Starts from the last sale price (AED 595K, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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