Studio · 526 sqftLoreto 3A, Damac Hills · 5th floor · completed 2017

A506, Loreto 3A

Sold prices and rental history: sold once, by the developer in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A506 · DLD and Ejari recordsUpdated 8 January 2015
Last soldAED 773K8 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A506, Loreto 3A

What is A506 worth today?

Last sold for AED 773,300 in 2015

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8 Jan 2015Sold by developerOff-plan
AED 773,300AED 1,471 per sqft

Source: Dubai Land Department. Updated 8 January 2015.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
5th of 9
Parking
G-12
Developer
DAMAC
Completed
2017
Service charge
AED 5,600 /yr
Last sold
AED 773K · January 2015
Building
Loreto 3A

About A506, Loreto 3A

A506 is a studio of 526 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 8 January 2015 for AED 773,300, or AED 1,471 per sqft, in line with the AED 1,492 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A506 over time

Sales
Unit A506, 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, January 2015: AED 773,300 (AED 1,471 per sqft)

A506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A506, 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 44,500

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 A506 sits

All 24 studios →

A506 last sold in January 2015 at AED 1,471 per sqft, in line with what studios in Loreto 3A were fetching at the time (AED 1,492). 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.

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
A505StudioAED 570K · Mar 2024
A5071-bedAED 1.02M · Apr 2017
1–7 of 12

A506, Loreto 3A in numbers

  • Sold once: by DAMAC on 8 January 2015 for AED 773,300, or AED 1,471 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 8 January 2015.

Questions about A506, Loreto 3A

What did unit A506 last sell for?

AED 773,300 on 8 January 2015, sold by the developer: AED 1,471 per sqft for 526 sqft. It is the only registered sale of the unit.

How big is unit A506?

526 sqft (48.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A506 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 A506, Loreto 3A

Starts from the last sale price (AED 773K, 8 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 773,300
Deposit, UAE resident (20%)
AED 154,660
Deposit, non-resident (40%)
AED 309,320
Monthly over 25 years at 3.7%
AED 3,164

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