Studio · 495 sqftLoreto 3A, Damac Hills · 5th floor · completed 2017

A504, Loreto 3A

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A504 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 535K24 August 2023
Current rentAED 45K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A504, Loreto 3A

What is A504 worth today?

Last sold for AED 535,000 in 2023

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3 Aug 2026RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
3 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
24 Aug 2023SoldReady
AED 535,000AED 1,081 per sqft
26 Dec 2021RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
26 Dec 2020RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
26 Dec 2019RentedRenewal
AED 33,000/yr12 months · AED 67 per sqft
26 Dec 2018RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
22 Sep 2014Sold by developerOff-plan
AED 727,700AED 1,470 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
5th of 9
Parking
G-10
Developer
DAMAC
Completed
2017
Service charge
AED 5,300 /yr
Last sold
AED 535K · August 2023
Building
Loreto 3A

About A504, Loreto 3A

A504 is a studio of 495 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 24 August 2023 for AED 535,000, or AED 1,081 per sqft, in line with the AED 1,059 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 3 August 2026, is AED 45,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for A504 over time

Sales
Unit A504, 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 1,470 per sqft)Sold, August 2023: AED 535,000 (AED 1,081 per sqft)

A504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A504, 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, December 2018: AED 38,000 a yearRenewal, December 2019: AED 33,000 a yearRenewal, December 2020: AED 30,000 a yearRenewal, December 2021: AED 30,000 a yearNew contract, August 2025: AED 45,000 a yearRenewal, August 2026: AED 45,000 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 A504 sits

All 24 studios →

A504 last sold in August 2023 at AED 1,081 per sqft, in line with 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. A504's AED 45,000 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
A502AStudioAED 455K · Oct 2024
A5031-bedAED 950K · Feb 2024
A505StudioAED 570K · Mar 2024
A506StudioAED 773K · Jan 2015
A5071-bedAED 1.02M · Apr 2017
1–7 of 12

A504, Loreto 3A in numbers

  • Sold twice: first on 22 September 2014 for AED 727,700, last on 24 August 2023 for AED 535,000 (AED 1,081 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2021 and recovered to AED 45,000 by August 2026.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 5,300 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 3 August 2026.

Questions about A504, Loreto 3A

What did unit A504 last sell for?

AED 535,000 on 24 August 2023: AED 1,081 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 727,700 in September 2014.

What is the rent for unit A504?

AED 45,000 a year on the contract renewed on 3 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since December 2018.

How big is unit A504?

495 sqft (46.0 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A504 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 A504, Loreto 3A

Starts from the last sale price (AED 535K, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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