A508, Loreto 3A
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A508, Loreto 3A
What is A508 worth today?
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Source: Dubai Land Department. Updated 24 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 5th of 9
- Parking
- G-29
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.26M · August 2014
- Building
- Loreto 3A
About A508, Loreto 3A
A508 is a one-bedroom apartment of 886 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 24 August 2014 for AED 1,264,450, or AED 1,426 per sqft, in line with the AED 1,389 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 24 November 2025, is AED 90,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 9,400 a year.
Sales and rents for A508 over time
A508 has sold once; 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 A508 sits
All 36 1-beds →A508 last sold in August 2014 at AED 1,426 per sqft, in line with what one-beds in Loreto 3A were fetching at the time (AED 1,389). 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. A508's AED 90,000 is in the upper half 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 | |
| A503 | 1-bed | 801 sqft | AED 950KAED 950,000 · Feb 2024February 2024 | 38,000 /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 | |
| 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 |
A508, Loreto 3A in numbers
- Sold once: by DAMAC on 24 August 2014 for AED 1,264,450, or AED 1,426 per sqft.
- Rented since January 2019 on 10 Ejari contracts. The rent fell from AED 61,000 to AED 51,000 in 2021 and recovered to AED 90,000 by November 2025.
- At AED 90,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 9,400 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 24 November 2025.
Questions about A508, Loreto 3A
What did unit A508 last sell for?
AED 1,264,450 on 24 August 2014, sold by the developer: AED 1,426 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit A508?
AED 90,000 a year on the contract signed on 24 November 2025. The previous contract, from June 2025, was AED 90,000; the unit has been rented since January 2019.
How big is unit A508?
886 sqft (82.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A508 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 A508, Loreto 3A
Starts from the last sale price (AED 1.26M, 24 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,264,450
- Deposit, UAE resident (20%)
- AED 252,890
- Deposit, non-resident (40%)
- AED 505,780
- Monthly over 25 years at 3.7%
- AED 5,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →