Studio · 321 sqftLoreto 3A, Damac Hills · 5th floor · completed 2017

A502A, Loreto 3A

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

Unit A502A · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 455K21 October 2024
Current rentAED 40K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A502A, Loreto 3A

What is A502A worth today?

Last sold for AED 455,000 in 2024

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15 Sep 2026RentedRenewal
AED 40,000/yr12 months · AED 124 per sqft
15 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 124 per sqft
21 Oct 2024SoldReady
AED 455,000AED 1,418 per sqft
1 Jul 2024RentedNew contract
AED 37,000/yr12 months · AED 119 per sqft
31 May 2023RentedRenewal
AED 30,914/yr12 months · AED 99 per sqft
31 May 2022RentedNew contract
AED 26,000/yr12 months · AED 83 per sqft
1 Oct 2020RentedNew contract
AED 20,000/yr12 months · AED 62 per sqft
1 Oct 2019RentedRenewal
AED 33,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
321 sqft
Floor
5th of 9
Parking
T5-G-8
Developer
DAMAC
Completed
2017
Service charge
AED 3,400 /yr
Last sold
AED 455K · October 2024
Building
Loreto 3A

About A502A, Loreto 3A

A502A is a studio of 321 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 21 October 2024 for AED 455,000, or AED 1,418 per sqft, 31% above the AED 1,085 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 40,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 3,400 a year.

Sales and rents for A502A over time

Sales
Unit A502A, 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, September 2014: AED 563,350 (AED 1,755 per sqft)Sold, October 2024: AED 455,000 (AED 1,418 per sqft)

A502A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A502A, each contractTypical studio in Loreto 3A
20K40K2018202120242027Typical 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, October 2018: AED 33,000 a yearRenewal, October 2019: AED 33,000 a yearNew contract, October 2020: AED 20,000 a yearNew contract, May 2022: AED 26,000 a yearRenewal, May 2023: AED 30,914 a yearNew contract, July 2024: AED 37,000 a yearNew contract, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 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 A502A sits

All 24 studios →

A502A last sold in October 2024 at AED 1,418 per sqft, 31% above what studios in Loreto 3A were fetching at the time (AED 1,085). 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. A502A's AED 40,000 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 5th floor

All 82 units in Loreto 3A
Value
A5012-bedAED 1.4M · Jul 2022
A5022-bedAED 1.8M · Aug 2024
A5031-bedAED 950K · Feb 2024
A504StudioAED 535K · Aug 2023
A505StudioAED 570K · Mar 2024
A506StudioAED 773K · Jan 2015
A5071-bedAED 1.02M · Apr 2017
1–7 of 12

A502A, Loreto 3A in numbers

  • Sold twice: first on 24 September 2014 for AED 563,350, last on 21 October 2024 for AED 455,000 (AED 1,418 per sqft).
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 33,000 to AED 20,000 in 2020 and recovered to AED 40,000 by September 2026.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 3,400 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 15 September 2026.

Questions about A502A, Loreto 3A

What did unit A502A last sell for?

AED 455,000 on 21 October 2024: AED 1,418 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 563,350 in September 2014.

What is the rent for unit A502A?

AED 40,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since October 2018.

How big is unit A502A?

321 sqft (29.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A502A 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 A502A, Loreto 3A

Starts from the last sale price (AED 455K, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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