Studio · 430 sqftLoreto 3A, Damac Hills · 5th floor · completed 2017

A512, Loreto 3A

Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A512 · DLD and Ejari recordsUpdated 14 January 2025
Last soldAED 673K24 August 2014
Current rentAED 38K /yr14 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A512, Loreto 3A

What is A512 worth today?

Last sold for AED 672,600 in 2014

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14 Jan 2025RentedRenewal
AED 37,800/yr12 months · AED 88 per sqft
14 Jan 2024RentedRenewal
AED 36,000/yr12 months · AED 84 per sqft
14 Jan 2023RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
24 Aug 2014Sold by developerOff-plan
AED 672,600AED 1,562 per sqft

Source: Dubai Land Department. Updated 14 January 2025.

Key facts

Type
Studio apartment
Size
430 sqft
Floor
5th of 9
Parking
G-33
Developer
DAMAC
Completed
2017
Service charge
AED 4,600 /yr
Last sold
AED 673K · August 2014
Building
Loreto 3A

About A512, Loreto 3A

A512 is a studio of 430 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 672,600, or AED 1,562 per sqft, in line with the AED 1,562 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 14 January 2025, is AED 37,800 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for A512 over time

Sales
Unit A512, 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, August 2014: AED 672,600 (AED 1,562 per sqft)

A512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A512, 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, January 2023: AED 36,000 a yearRenewal, January 2024: AED 36,000 a yearRenewal, January 2025: AED 37,800 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 A512 sits

All 24 studios →

A512 last sold in August 2014 at AED 1,562 per sqft, in line with what studios in Loreto 3A were fetching at the time (AED 1,562). 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. A512's AED 37,800 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
A505StudioAED 570K · Mar 2024
A506StudioAED 773K · Jan 2015
1–7 of 12

A512, Loreto 3A in numbers

  • Sold once: by DAMAC on 24 August 2014 for AED 672,600, or AED 1,562 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 36,000 to AED 37,800 a year.
  • At AED 37,800 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 4,600 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 14 January 2025.

Questions about A512, Loreto 3A

What did unit A512 last sell for?

AED 672,600 on 24 August 2014, sold by the developer: AED 1,562 per sqft for 430 sqft. It is the only registered sale of the unit.

What is the rent for unit A512?

AED 37,800 a year on the contract renewed on 14 January 2025. The previous contract, from January 2024, was AED 36,000; the unit has been rented since January 2023.

How big is unit A512?

430 sqft (39.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit A512 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 A512, Loreto 3A

Starts from the last sale price (AED 673K, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 672,600
Deposit, UAE resident (20%)
AED 134,520
Deposit, non-resident (40%)
AED 269,040
Monthly over 25 years at 3.7%
AED 2,752

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