Studio · 580 sqftLoreto 3A, Damac Hills · 3rd floor · completed 2017

A306, Loreto 3A

Sold prices and rental history: sold twice, last in October 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A306 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 460K29 October 2018
Current rentAED 45K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A306, Loreto 3A

What is A306 worth today?

Last sold for AED 460,000 in 2018

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31 Oct 2025RentedRenewal
AED 45,000/yr12 months · AED 77 per sqft
31 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
1 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
29 Oct 2018SoldReady
AED 460,000AED 793 per sqft
8 Jan 2015Sold by developerOff-plan
AED 870,200AED 1,500 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
Studio apartment
Size
580 sqft
Floor
3rd of 9
Parking
B-04
Developer
DAMAC
Completed
2017
Service charge
AED 6,200 /yr
Last sold
AED 460K · October 2018
Building
Loreto 3A

About A306, Loreto 3A

A306 is a studio of 580 sqft on the 3rd floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 29 October 2018 for AED 460,000, or AED 793 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 31 October 2025, is AED 45,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 6,200 a year.

Sales and rents for A306 over time

Sales
Unit A306, each saleTypical studio in Loreto 3A
400K600K800K2014201720202023Typical sale price by year: 2014 AED 660,250; 2015 AED 773,300; 2023 AED 522,500; 2024 AED 507,500Sold by developer, January 2015: AED 870,200 (AED 1,500 per sqft)Sold, October 2018: AED 460,000 (AED 793 per sqft)

A306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A306, each contractTypical studio in Loreto 3A
30K40K2018202120242027Typical 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, January 2019: AED 40,000 a yearNew contract, October 2024: AED 45,000 a yearRenewal, October 2025: AED 45,000 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 A306 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. A306's AED 45,000 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
A304StudioAED 616K · Jul 2023
A3071-bedAED 1.08M · Aug 2025
A308StudioAED 867K · Sep 2014
A3091-bedAED 1.1M · Sep 2026
1–7 of 9

A306, Loreto 3A in numbers

  • Sold twice: first on 8 January 2015 for AED 870,200, last on 29 October 2018 for AED 460,000 (AED 793 per sqft).
  • Rented since January 2019 on 3 Ejari contracts, from AED 40,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 9.8%, 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 31 October 2025.

Questions about A306, Loreto 3A

What did unit A306 last sell for?

AED 460,000 on 29 October 2018: AED 793 per sqft for 580 sqft. The unit has 2 registered sales; the first was AED 870,200 in January 2015.

What is the rent for unit A306?

AED 45,000 a year on the contract renewed on 31 October 2025. The previous contract, from October 2024, was AED 45,000; the unit has been rented since January 2019.

How big is unit A306?

580 sqft (53.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A306 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 A306, Loreto 3A

Starts from the last sale price (AED 460K, 29 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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