Studio · 581 sqftLoreto 3A, Damac Hills · 3rd floor · completed 2017

A304, Loreto 3A

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A304 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 616K5 July 2023
Current rentAED 47K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A304, Loreto 3A

What is A304 worth today?

Last sold for AED 616,000 in 2023

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1 May 2026RentedNew contract
AED 47,000/yr12 months · AED 81 per sqft
1 May 2024RentedNew contract
AED 47,000/yr12 months · AED 81 per sqft
5 Jul 2023Sold by developerReady
AED 616,000AED 1,059 per sqft
1 Apr 2020RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
11 Aug 2018RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
581 sqft
Floor
3rd of 9
Parking
B-02
Developer
DAMAC
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 616K · July 2023
Building
Loreto 3A

About A304, Loreto 3A

A304 is a studio of 581 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 5 July 2023 for AED 616,000, or AED 1,059 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 May 2026, is AED 47,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for A304 over time

Sales
Unit A304, each saleTypical studio in Loreto 3A
600K800K2014201720202023Typical sale price by year: 2014 AED 660,250; 2015 AED 773,300; 2023 AED 522,500; 2024 AED 507,500Sold by developer, July 2023: AED 616,000 (AED 1,059 per sqft)

A304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A304, each contractTypical studio in Loreto 3A
30K40K50K2018202120242027Typical rent by year: 2018 AED 39,000; 2019 AED 34,000; 2020 AED 29,000; 2021 AED 29,000; 2022 AED 29,000; 2023 AED 35,350; 2024 AED 37,500; 2025 AED 45,000; 2026 AED 44,500New contract, August 2018: AED 40,000 a yearNew contract, April 2020: AED 30,000 a yearNew contract, May 2024: AED 47,000 a yearNew contract, May 2026: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Loreto 3A, and where A304 sits

All 24 studios →

Over the last 12 months studios sold for AED 545,000 to 575,000, around AED 1,182 per sqft, and rent for AED 35,000 to 78,000 a year. A304's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026575,000
28 Jan 2026545,000
10 Nov 2025570,000
22 Apr 2025590,000
3 studio 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
A3031-bedAED 1.28M · Oct 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

A304, Loreto 3A in numbers

  • Sold once: by DAMAC on 5 July 2023 for AED 616,000, or AED 1,059 per sqft.
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2020 and recovered to AED 47,000 by May 2026.
  • At AED 47,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).
  • Studios in Loreto 3A sold for AED 545,000–575,000 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 1 May 2026.

Questions about A304, Loreto 3A

What did unit A304 last sell for?

AED 616,000 on 5 July 2023, sold by the developer: AED 1,059 per sqft for 581 sqft. It is the only registered sale of the unit.

What is the rent for unit A304?

AED 47,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2024, was AED 47,000; the unit has been rented since August 2018.

How big is unit A304?

581 sqft (54.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 3A sold for AED 545,000 to 575,000 in the last 12 months, around AED 1,182 per sqft.

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Mortgage on A304, Loreto 3A

Starts from the last sale price (AED 616K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 616,000
Deposit, UAE resident (20%)
AED 123,200
Deposit, non-resident (40%)
AED 246,400
Monthly over 25 years at 3.7%
AED 2,520

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