A502, Loreto 3A
Sold prices and rental history: sold twice, last in August 2024, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A502, Loreto 3A
What is A502 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,513 sqft
- Floor
- 5th of 9
- Parking
- T5-G-7
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 16,100 /yr
- Last sold
- AED 1.8M · August 2024
- Building
- Loreto 3A
About A502, Loreto 3A
A502 is a two-bedroom apartment of 1,513 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 August 2024 for AED 1,795,000, or AED 1,186 per sqft.
One Ejari contract is registered, from 7 January 2022. The current contract, signed on 7 January 2022, is AED 106,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 16,100 a year.
Sales and rents for A502 over time
A502 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 3A, and where A502 sits
All 18 2-beds →A502's AED 106,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 1,505 sqft | 1,900,000 | 1,262 | ||
| 5 Apr 20255 April 2025 | 2,550 sqft | 2,700,000 | 1,058 | ||
| 24 Jan 202524 January 2025 | 2,420 sqft | 2,975,000 | 1,229 | ||
| 23 Apr 202423 April 2024 | 1,477 sqft | 1,650,000 | 1,117 |
Loreto 3A
Building82 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%
Other units on the 5th floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 2-bed | 1,702 sqft | AED 1.4MAED 1,400,000 · Jul 2022July 2022 | 85,000 /yr | |
| A502A | Studio | 321 sqft | AED 455KAED 455,000 · Oct 2024October 2024 | 40,000 /yr | |
| A503 | 1-bed | 801 sqft | AED 950KAED 950,000 · Feb 2024February 2024 | 38,000 /yr | |
| A504 | Studio | 495 sqft | AED 535KAED 535,000 · Aug 2023August 2023 | 45,000 /yr | |
| A505 | Studio | 525 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | 42,113 /yr | |
| A506 | Studio | 526 sqft | AED 773KAED 773,300 · Jan 2015January 2015 | ||
| A507 | 1-bed | 837 sqft | AED 1.02MAED 1,017,000 · Apr 2017April 2017 | 80,000 /yr | |
| A508 | 1-bed | 886 sqft | AED 1.26MAED 1,264,450 · Aug 2014August 2014 | 90,000 /yr | |
| A509 | 1-bed | 852 sqft | AED 1.16MAED 1,160,000 · Jan 2026January 2026 | 80,000 /yr | |
| A510 | 1-bed | 1,021 sqft | AED 1.19MAED 1,191,000 · May 2017May 2017 | 80,000 /yr | |
| A511 | 2-bed | 1,495 sqft | AED 1.79MAED 1,792,000 · Nov 2017November 2017 | 148,000 /yr | |
| A512 | Studio | 430 sqft | AED 673KAED 672,600 · Aug 2014August 2014 | 37,800 /yr |
A502, Loreto 3A in numbers
- Sold twice: first on 20 December 2021 for AED 1,478,000, last on 9 August 2024 for AED 1,795,000 (AED 1,186 per sqft).
- Rented since January 2022 on one Ejari contract, at AED 106,000 a year.
- At AED 106,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 16,100 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 9 August 2024.
Questions about A502, Loreto 3A
What did unit A502 last sell for?
AED 1,795,000 on 9 August 2024: AED 1,186 per sqft for 1,513 sqft. The unit has 2 registered sales; the first was AED 1,478,000 in December 2021.
What is the rent for unit A502?
AED 106,000 a year on the contract signed on 7 January 2022.
How big is unit A502?
1,513 sqft (140.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A502, Loreto 3A
Starts from the last sale price (AED 1.8M, 9 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,795,000
- Deposit, UAE resident (20%)
- AED 359,000
- Deposit, non-resident (40%)
- AED 718,000
- Monthly over 25 years at 3.7%
- AED 7,344
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →