A503, Loreto 3A
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A503, Loreto 3A
What is A503 worth today?
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Source: Dubai Land Department. Updated 28 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 9
- Parking
- G-9
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,500 /yr
- Last sold
- AED 950K · February 2024
- Building
- Loreto 3A
About A503, Loreto 3A
A503 is a one-bedroom apartment of 801 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 February 2024 for AED 950,000, or AED 1,185 per sqft, 17% above the AED 1,011 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 18 October 2021, is AED 38,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 8,500 a year.
Sales and rents for A503 over time
A503 has sold twice; the dashed line is the one-bed median of each year in the building.
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 A503 sits
All 36 1-beds →A503 last sold in February 2024 at AED 1,185 per sqft, 17% above what one-beds in Loreto 3A were fetching at the time (AED 1,011). 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. A503's AED 38,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 982 sqft | 1,100,000 | 1,120 | ||
| 4 Feb 20264 February 2026 | 883 sqft | 1,325,000 | 1,500 | ||
| 6 Jan 20266 January 2026 | 975 sqft | 1,500,000 | 1,538 | ||
| 5 Jan 20265 January 2026 | 852 sqft | 1,160,000 | 1,362 |
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 | |
| A502 | 2-bed | 1,513 sqft | AED 1.8MAED 1,795,000 · Aug 2024August 2024 | 106,000 /yr | |
| A502A | Studio | 321 sqft | AED 455KAED 455,000 · Oct 2024October 2024 | 40,000 /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 |
A503, Loreto 3A in numbers
- Sold twice: first on 22 September 2014 for AED 1,062,100, last on 28 February 2024 for AED 950,000 (AED 1,185 per sqft).
- Rented since October 2018 on 4 Ejari contracts, from AED 45,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 8,500 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 28 February 2024.
Questions about A503, Loreto 3A
What did unit A503 last sell for?
AED 950,000 on 28 February 2024: AED 1,185 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,062,100 in September 2014.
What is the rent for unit A503?
AED 38,000 a year on the contract renewed on 18 October 2021. The previous contract, from October 2020, was AED 38,000; the unit has been rented since October 2018.
How big is unit A503?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A503 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 A503, Loreto 3A
Starts from the last sale price (AED 950K, 28 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →