Studio · 490 sqftLoreto 3A, Damac Hills · 4th floor · completed 2017

A404, Loreto 3A

Sold prices and rental history: sold twice, last in January 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A404 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 560K18 January 2024
Current rentAED 29K /yr19 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A404, Loreto 3A

What is A404 worth today?

Last sold for AED 560,000 in 2024

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18 Jan 2024SoldReady
AED 560,000AED 1,142 per sqft
19 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 59 per sqft
18 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
22 Sep 2014Sold by developerOff-plan
AED 727,700AED 1,485 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
4th of 9
Parking
B-30
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 560K · January 2024
Building
Loreto 3A

About A404, Loreto 3A

A404 is a studio of 490 sqft on the 4th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 18 January 2024 for AED 560,000, or AED 1,142 per sqft, 8% above the AED 1,059 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 19 March 2020, is AED 29,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for A404 over time

Sales
Unit A404, 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, September 2014: AED 727,700 (AED 1,485 per sqft)Sold, January 2024: AED 560,000 (AED 1,142 per sqft)

A404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A404, 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, November 2018: AED 40,000 a yearNew contract, March 2020: AED 29,000 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 A404 sits

All 24 studios →

A404 last sold in January 2024 at AED 1,142 per sqft, 8% above what studios in Loreto 3A were fetching at the time (AED 1,059). 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. A404's AED 29,000 is at the bottom 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 4th floor

All 82 units in Loreto 3A
Value
A4012-bedAED 2.08M · Aug 2014
A402AStudioAED 545K · Jan 2026
A4031-bedAED 1.02M · Apr 2025
A405StudioAED 732K · Apr 2017
A406StudioAED 570K · Nov 2025
A4071-bedAED 1.16M · Aug 2014
A4081-bedAED 670K · Sep 2022
1–7 of 11

A404, Loreto 3A in numbers

  • Sold twice: first on 22 September 2014 for AED 727,700, last on 18 January 2024 for AED 560,000 (AED 1,142 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 40,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 5,200 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 18 January 2024.

Questions about A404, Loreto 3A

What did unit A404 last sell for?

AED 560,000 on 18 January 2024: AED 1,142 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 727,700 in September 2014.

What is the rent for unit A404?

AED 29,000 a year on the contract signed on 19 March 2020. The previous contract, from November 2018, was AED 40,000.

How big is unit A404?

490 sqft (45.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit A404 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 A404, Loreto 3A

Starts from the last sale price (AED 560K, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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