1-bed · 852 sqftLoreto 3A, Damac Hills · 4th floor · completed 2017

A409, Loreto 3A

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

Unit A409 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 870K2 April 2024
Current rentAED 53K /yr14 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A409, Loreto 3A

What is A409 worth today?

Last sold for AED 870,000 in 2024

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2 Apr 2024SoldReady
AED 870,000AED 1,021 per sqft
14 May 2023RentedRenewal
AED 52,500/yr4 months · AED 62 per sqft
14 May 2022RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
1 Oct 2021RentedRenewal
AED 48,990/yr6 months · AED 58 per sqft
1 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
1 Oct 2018RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
21 Dec 2017Sold by developerOff-plan
AED 980,000AED 1,150 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
4th of 9
Parking
G-4
Developer
DAMAC
Completed
2017
Service charge
AED 9,100 /yr
Last sold
AED 870K · April 2024
Building
Loreto 3A

About A409, Loreto 3A

A409 is a one-bedroom apartment of 852 sqft on the 4th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 2 April 2024 for AED 870,000, or AED 1,021 per sqft, in line with the AED 1,034 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 14 May 2023, is AED 52,500 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for A409 over time

Sales
Unit A409, each saleTypical one-bed in Loreto 3A
800K1M1.2M2014201820222026Typical 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, December 2017: AED 980,000 (AED 1,150 per sqft)Sold, April 2024: AED 870,000 (AED 1,021 per sqft)

A409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A409, 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, October 2018: AED 53,000 a yearNew contract, October 2019: AED 53,000 a yearRenewal, October 2020: AED 48,000 a yearRenewal, October 2021: AED 48,990 a yearNew contract, May 2022: AED 50,000 a yearRenewal, May 2023: AED 52,500 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 A409 sits

All 36 1-beds →

A409 last sold in April 2024 at AED 1,021 per sqft, in line with 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. A409's AED 52,500 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 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
A404StudioAED 560K · Jan 2024
A405StudioAED 732K · Apr 2017
A406StudioAED 570K · Nov 2025
A4071-bedAED 1.16M · Aug 2014
1–7 of 11

A409, Loreto 3A in numbers

  • Sold twice: first on 21 December 2017 for AED 980,000, last on 2 April 2024 for AED 870,000 (AED 1,021 per sqft).
  • Rented since October 2018 on 6 Ejari contracts, from AED 53,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 9,100 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 2 April 2024.

Questions about A409, Loreto 3A

What did unit A409 last sell for?

AED 870,000 on 2 April 2024: AED 1,021 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 980,000 in December 2017.

What is the rent for unit A409?

AED 52,500 a year on the contract renewed on 14 May 2023. The previous contract, from May 2022, was AED 50,000; the unit has been rented since October 2018.

How big is unit A409?

852 sqft (79.2 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A409 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 A409, Loreto 3A

Starts from the last sale price (AED 870K, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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