Studio · 525 sqftLoreto 3A, Damac Hills · 5th floor · completed 2017

A505, Loreto 3A

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 570K20 March 2024
Current rentAED 42K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A505, Loreto 3A

What is A505 worth today?

Last sold for AED 570,000 in 2024

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1 Sep 2026RentedNew contract
AED 42,113/yr12 months · AED 80 per sqft
20 Mar 2024SoldReady
AED 570,000AED 1,085 per sqft
19 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
9 Mar 2022SoldReady
AED 350,000AED 666 per sqft
5 Jul 2018RentedNew contract
AED 42,000/yr13 months · AED 80 per sqft
21 Dec 2014Sold by developerOff-plan
AED 787,550AED 1,499 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
5th of 9
Parking
G-11
Developer
DAMAC
Completed
2017
Service charge
AED 5,600 /yr
Last sold
AED 570K · March 2024
Building
Loreto 3A

About A505, Loreto 3A

A505 is a studio of 525 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 20 March 2024 for AED 570,000, or AED 1,085 per sqft, in line with the AED 1,081 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 42,113 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for A505 over time

Sales
Unit A505, 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, December 2014: AED 787,550 (AED 1,499 per sqft)Sold, March 2022: AED 350,000 (AED 666 per sqft)Sold, March 2024: AED 570,000 (AED 1,085 per sqft)

A505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A505, each contractTypical studio in Loreto 3A
40K60K2018202120242027Typical 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, July 2018: AED 42,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, September 2026: AED 42,113 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 A505 sits

All 24 studios →

A505 last sold in March 2024 at AED 1,085 per sqft, in line with what studios in Loreto 3A were fetching at the time (AED 1,081). 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. A505's AED 42,113 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
A504StudioAED 535K · Aug 2023
A506StudioAED 773K · Jan 2015
A5071-bedAED 1.02M · Apr 2017
1–7 of 12

A505, Loreto 3A in numbers

  • Sold 3 times: first on 21 December 2014 for AED 787,550, last on 20 March 2024 for AED 570,000 (AED 1,085 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 42,000 to AED 42,113 a year.
  • At AED 42,113 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 5,600 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 1 September 2026.

Questions about A505, Loreto 3A

What did unit A505 last sell for?

AED 570,000 on 20 March 2024: AED 1,085 per sqft for 525 sqft. The unit has 3 registered sales; the first was AED 787,550 in December 2014.

What is the rent for unit A505?

AED 42,113 a year on the contract signed on 1 September 2026. The previous contract, from October 2023, was AED 70,000; the unit has been rented since July 2018.

How big is unit A505?

525 sqft (48.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A505 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 A505, Loreto 3A

Starts from the last sale price (AED 570K, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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