1-bed · 1,314 sqftLoreto 3A, Damac Hills · 3rd floor · completed 2017

A303, Loreto 3A

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A303 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 1.28M10 October 2023
Current rentAED 60K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A303, Loreto 3A

What is A303 worth today?

Last sold for AED 1,283,800 in 2023

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10 Oct 2023Sold by developerReady
AED 1,283,800AED 976 per sqft
10 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 46 per sqft
10 Aug 2020RentedNew contract
AED 60,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
1,314 sqft
Floor
3rd of 9
Parking
B-01
Developer
DAMAC
Completed
2017
Service charge
AED 14,000 /yr
Last sold
AED 1.28M · October 2023
Building
Loreto 3A

About A303, Loreto 3A

A303 is a one-bedroom apartment of 1,314 sqft on the 3rd floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 10 October 2023 for AED 1,283,800, or AED 976 per sqft, 6% below the AED 1,034 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 60,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for A303 over time

Sales
Unit A303, each saleTypical one-bed in Loreto 3A
1M1.2M2014201820222026Typical sale price by year: 2014 AED 1,177,525; 2015 AED 1,097,250; 2017 AED 1,053,000; 2022 AED 908,000; 2023 AED 1,283,800; 2024 AED 950,000; 2025 AED 1,090,000; 2026 AED 1,242,500Sold by developer, October 2023: AED 1,283,800 (AED 976 per sqft)

A303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A303, each contractTypical one-bed in Loreto 3A
60K80K2018202120242027Typical rent by year: 2018 AED 62,500; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 51,725; 2023 AED 54,800; 2024 AED 63,000; 2025 AED 75,000; 2026 AED 79,250New contract, August 2020: AED 60,000 a yearRenewal, September 2021: 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 3A, and where A303 sits

All 36 1-beds →

A303 last sold in October 2023 at AED 976 per sqft, 6% below what one-beds in Loreto 3A were fetching at the time (AED 1,034). Over the last 12 months one-beds sold for AED 1,100,000 to 1,500,000, around AED 1,431 per sqft, and rent for AED 60,375 to 100,000 a year. A303's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,100,000
4 Feb 20261,325,000
6 Jan 20261,500,000
5 Jan 20261,160,000
4 1-bed sales in the last 12 months

Loreto 3A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,272
Typical sale
AED 1.13M
Typical rent
AED 75K /yr
Typical yield
7.3%
Loreto 3A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Loreto 3A
Value
A3012-bedAED 1.65M · Apr 2022
A3023-bedAED 3.12M · May 2024
A304StudioAED 616K · Jul 2023
A306StudioAED 460K · Oct 2018
A3071-bedAED 1.08M · Aug 2025
A308StudioAED 867K · Sep 2014
A3091-bedAED 1.1M · Sep 2026
1–7 of 9

A303, Loreto 3A in numbers

  • Sold once: by DAMAC on 10 October 2023 for AED 1,283,800, or AED 976 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 14,000 a year (AED 10.63 per sqft).
  • One-beds in Loreto 3A sold for AED 1,100,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,272 per sqft.

Source: Dubai Land Department. Updated 10 October 2023.

Questions about A303, Loreto 3A

What did unit A303 last sell for?

AED 1,283,800 on 10 October 2023, sold by the developer: AED 976 per sqft for 1,314 sqft. It is the only registered sale of the unit.

What is the rent for unit A303?

AED 60,000 a year on the contract renewed on 10 September 2021. The previous contract, from August 2020, was AED 60,000.

How big is unit A303?

1,314 sqft (122.1 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 3A sold for AED 1,100,000 to 1,500,000 in the last 12 months, around AED 1,431 per sqft.

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Mortgage on A303, Loreto 3A

Starts from the last sale price (AED 1.28M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,283,800
Deposit, UAE resident (20%)
AED 256,760
Deposit, non-resident (40%)
AED 513,520
Monthly over 25 years at 3.7%
AED 5,252

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