Studio · 526 sqftLoreto 3A, Damac Hills · 6th floor · completed 2017

A606, Loreto 3A

Sold prices and rental history: sold twice, last in January 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A606 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 300K20 January 2023
Current rentAED 27K /yr26 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A606, Loreto 3A

What is A606 worth today?

Last sold for AED 300,000 in 2023

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20 Jan 2023SoldReady
AED 300,000AED 570 per sqft
26 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 51 per sqft
12 Feb 2020RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
24 Jan 2017Sold by developerOff-plan
AED 784,000AED 1,491 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
6th of 9
Parking
LP1-05
Developer
DAMAC
Completed
2017
Service charge
AED 5,600 /yr
Last sold
AED 300K · January 2023
Building
Loreto 3A

About A606, Loreto 3A

A606 is a studio of 526 sqft on the 6th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 20 January 2023 for AED 300,000, or AED 570 per sqft, 14% below the AED 666 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 26 March 2021, is AED 27,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 5,600 a year.

Sales and rents for A606 over time

Sales
Unit A606, each saleTypical studio in Loreto 3A
250K500K750K2014201720202023Typical sale price by year: 2014 AED 660,250; 2015 AED 773,300; 2023 AED 522,500; 2024 AED 507,500Sold by developer, January 2017: AED 784,000 (AED 1,491 per sqft)Sold, January 2023: AED 300,000 (AED 570 per sqft)

A606 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A606, 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, February 2020: AED 31,000 a yearNew contract, March 2021: AED 27,000 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 A606 sits

All 24 studios →

A606 last sold in January 2023 at AED 570 per sqft, 14% below what studios in Loreto 3A were fetching at the time (AED 666). 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. A606's AED 27,000 is at the bottom 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 6th floor

All 82 units in Loreto 3A
Value
A6011-bedAED 1.4M · Mar 2024
A6022-bedAED 2.09M · Nov 2017
A602BStudioAED 300K · May 2021
A6031-bedAED 1.03M · Jul 2017
A604StudioAED 728K · Sep 2014
A605StudioAED 435K · Feb 2020
A6071-bedAED 1.2M · Dec 2014
1–7 of 12

A606, Loreto 3A in numbers

  • Sold twice: first on 24 January 2017 for AED 784,000, last on 20 January 2023 for AED 300,000 (AED 570 per sqft).
  • Rented since February 2020 on 2 Ejari contracts, from AED 31,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2023 price is 9.0%, 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 20 January 2023.

Questions about A606, Loreto 3A

What did unit A606 last sell for?

AED 300,000 on 20 January 2023: AED 570 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 784,000 in January 2017.

What is the rent for unit A606?

AED 27,000 a year on the contract signed on 26 March 2021. The previous contract, from February 2020, was AED 31,000.

How big is unit A606?

526 sqft (48.9 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit A606 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 A606, Loreto 3A

Starts from the last sale price (AED 300K, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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