2-bed · 1,523 sqftLoreto 2A, Damac Hills · 8th floor · completed 2017

A804, Loreto 2A

Sold prices and rental history: sold twice, last in May 2024, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A804 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 1.57M8 May 2024
Current rentAED 80K /yr30 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A804, Loreto 2A

What is A804 worth today?

Last sold for AED 1,570,000 in 2024

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8 May 2024SoldReady
AED 1,570,000AED 1,030 per sqft
30 Jul 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
20 Nov 2019Sold by developerReady
AED 1,598,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
2-bed apartment
Size
1,523 sqft
Floor
8th of 9
Parking
UP1-31
Developer
DAMAC
Completed
2017
Service charge
AED 16,200 /yr
Last sold
AED 1.57M · May 2024
Building
Loreto 2A

About A804, Loreto 2A

A804 is a two-bedroom apartment of 1,523 sqft on the 8th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 8 May 2024 for AED 1,570,000, or AED 1,030 per sqft.

One Ejari contract is registered, from 30 July 2021. The current contract, signed on 30 July 2021, is AED 80,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for A804 over time

Sales
Unit A804, each saleTypical two-bed in Loreto 2A
1.5M2M2.5M2014201720202023Typical sale price by year: 2014 AED 2,312,300; 2019 AED 1,513,640; 2021 AED 1,268,031; 2022 AED 1,690,500Sold by developer, November 2019: AED 1,598,000 (AED 1,049 per sqft)Sold, May 2024: AED 1,570,000 (AED 1,030 per sqft)

A804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A804, each contractTypical two-bed in Loreto 2A
100K150K20192021202320252027Typical rent by year: 2019 AED 103,650; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 97,500; 2023 AED 150,000; 2024 AED 150,000; 2025 AED 140,000; 2026 AED 132,500New contract, July 2021: AED 80,000 a year

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 A804 sits

All 18 2-beds →

A804's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20253,000,000
13 Jun 20241,700,000
28 Apr 20232,098,000
15 Mar 20232,062,000
0 2-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 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
A803StudioAED 595K · Oct 2024
A8051-bedAED 1.08M · Jan 2025
A8061-bedAED 1M · Feb 2025
1–7 of 10

A804, Loreto 2A in numbers

  • Sold twice: first on 20 November 2019 for AED 1,598,000, last on 8 May 2024 for AED 1,570,000 (AED 1,030 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 16,200 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 8 May 2024.

Questions about A804, Loreto 2A

What did unit A804 last sell for?

AED 1,570,000 on 8 May 2024: AED 1,030 per sqft for 1,523 sqft. The unit has 2 registered sales; the first was AED 1,598,000 in November 2019.

What is the rent for unit A804?

AED 80,000 a year on the contract signed on 30 July 2021.

How big is unit A804?

1,523 sqft (141.5 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit A804 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 A804, Loreto 2A

Starts from the last sale price (AED 1.57M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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