1-bed · 851 sqftLoreto 2A, Damac Hills · 9th floor · completed 2017

A904, Loreto 2A

Sold prices and rental history: sold once, by the developer in February 2015, and rented once, from December 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A904 · DLD and Ejari recordsUpdated 16 December 2018
Last soldAED 1.17M16 February 2015
Current rentAED 53K /yr16 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A904, Loreto 2A

What is A904 worth today?

Last sold for AED 1,170,000 in 2015

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16 Dec 2018RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
16 Feb 2015Sold by developerOff-plan
AED 1,170,000AED 1,375 per sqft

Source: Dubai Land Department. Updated 16 December 2018.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
9th of 9
Parking
P2-2
Developer
DAMAC
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 1.17M · February 2015
Building
Loreto 2A

About A904, Loreto 2A

A904 is a one-bedroom apartment of 851 sqft on the 9th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 16 February 2015 for AED 1,170,000, or AED 1,375 per sqft, 4% above the AED 1,316 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2018. The current contract, signed on 16 December 2018, is AED 53,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for A904 over time

Sales
Unit A904, 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, February 2015: AED 1,170,000 (AED 1,375 per sqft)

A904 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A904, each contractTypical one-bed in Loreto 2A
60K80K2018202120242027Typical 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, December 2018: AED 53,000 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 A904 sits

All 36 1-beds →

A904 last sold in February 2015 at AED 1,375 per sqft, 4% above what one-beds in Loreto 2A were fetching at the time (AED 1,316). 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. A904's AED 53,000 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 9th floor

All 83 units in Loreto 2A
Value
A9012-bedAED 2.05M · Oct 2022
A9023-bedAED 3.2M · Nov 2025
A9031-bedAED 1.19M · Aug 2025
A9051-bedAED 1.02M · Mar 2024
A9061-bedAED 1.14M · Aug 2014
A9071-bedAED 635K · Sep 2021
A907B1-bedAED 730K · Sep 2020

A904, Loreto 2A in numbers

  • Sold once: by DAMAC on 16 February 2015 for AED 1,170,000, or AED 1,375 per sqft.
  • Rented since December 2018 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 9,000 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 16 December 2018.

Questions about A904, Loreto 2A

What did unit A904 last sell for?

AED 1,170,000 on 16 February 2015, sold by the developer: AED 1,375 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit A904?

AED 53,000 a year on the contract signed on 16 December 2018.

How big is unit A904?

851 sqft (79.1 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.

What is unit A904 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 A904, Loreto 2A

Starts from the last sale price (AED 1.17M, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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