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2-bed · 2,001 sqftLoreto 3A, Damac Hills · 7th floor · completed 2017

A702, Loreto 3A

Sold prices and rental history: sold 3 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A702 · DLD and Ejari recordsUpdated 17 October 2022
Last soldAED 1.62M17 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A702, Loreto 3A

What is A702 worth today?

Last sold for AED 1,620,000 in 2022

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17 Oct 2022SoldReady
AED 1,620,000AED 809 per sqft
4 Jul 2021SoldReady
AED 1,390,000AED 694 per sqft
17 Feb 2021Sold by developerReady
AED 1,325,000AED 662 per sqft

Source: Dubai Land Department. Updated 17 October 2022.

Key facts

Type
2-bed apartment
Size
2,001 sqft
Floor
7th of 9
Parking
LP1-27 , LP1-34
Developer
DAMAC
Completed
2017
Service charge
AED 21,300 /yr
Last sold
AED 1.62M · October 2022
Building
Loreto 3A

About A702, Loreto 3A

A702 is a two-bedroom apartment of 2,001 sqft on the 7th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 17 October 2022 for AED 1,620,000, or AED 809 per sqft, in line with the AED 822 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A702 over time

Sales
Unit A702, each saleTypical two-bed in Loreto 3A
2M2017202020232026Typical sale price by year: 2017 AED 1,768,500; 2019 AED 1,581,000; 2021 AED 1,325,000; 2022 AED 1,636,000; 2025 AED 2,700,000Sold by developer, February 2021: AED 1,325,000 (AED 662 per sqft)Sold, July 2021: AED 1,390,000 (AED 694 per sqft)Sold, October 2022: AED 1,620,000 (AED 809 per sqft)

A702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A702, each contractTypical two-bed in Loreto 3A
100K150K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 85,000; 2020 AED 84,000; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 149,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 3A, and where A702 sits

All 18 2-beds →

A702 last sold in October 2022 at AED 809 per sqft, in line with what two-beds in Loreto 3A were fetching at the time (AED 822).

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20251,900,000
5 Apr 20252,700,000
24 Jan 20252,975,000
9 Aug 20241,795,000
0 2-bed 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 7th floor

All 82 units in Loreto 3A
Value
A701StudioAED 600K · Sep 2014
A701A1-bedAED 1.38M · Jul 2023
A702AStudioAED 534K · Aug 2014
A703StudioAED 350K · Mar 2019
A7042-bedAED 1.52M · Mar 2023
A7051-bedAED 1.18M · Aug 2014
A7061-bedAED 1.27M · Nov 2014
1–7 of 10

A702, Loreto 3A in numbers

  • Sold 3 times: first on 17 February 2021 for AED 1,325,000, last on 17 October 2022 for AED 1,620,000 (AED 809 per sqft).

Source: Dubai Land Department. Updated 17 October 2022.

Questions about A702, Loreto 3A

What did unit A702 last sell for?

AED 1,620,000 on 17 October 2022: AED 809 per sqft for 2,001 sqft. The unit has 3 registered sales; the first was AED 1,325,000 in February 2021.

How big is unit A702?

2,001 sqft (185.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A702, Loreto 3A

Starts from the last sale price (AED 1.62M, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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