
A702A, Loreto 3A
Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A702A, Loreto 3A
What is A702A worth today?
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Source: Dubai Land Department. Updated 17 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 333 sqft
- Floor
- 7th of 9
- Parking
- UP1-18
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 3,500 /yr
- Last sold
- AED 534K · August 2014
- Building
- Loreto 3A
About A702A, Loreto 3A
A702A is a studio of 333 sqft on the 7th 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 533,900, or AED 1,602 per sqft, in line with the AED 1,562 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 17 May 2023, is AED 42,000 a year: a gross yield of 7.9% on the 2014 price, before the service charge of about AED 3,500 a year.
Sales and rents for A702A over time
A702A has sold once; the dashed line is the studio median of each year in the building.
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 A702A sits
All 24 studios →A702A last sold in August 2014 at AED 1,602 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. A702A's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 486 sqft | 575,000 | 1,182 | ||
| 28 Jan 202628 January 2026 | 321 sqft | 545,000 | 1,697 | ||
| 10 Nov 202510 November 2025 | 522 sqft | 570,000 | 1,092 | ||
| 22 Apr 202522 April 2025 | 454 sqft | 590,000 | 1,298 |
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 7th floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | Studio | 428 sqft | AED 600KAED 600,400 · Sep 2014September 2014 | 38,000 /yr | |
| A701A | 1-bed | 1,394 sqft | AED 1.38MAED 1,378,000 · Jul 2023July 2023 | 60,000 /yr | |
| A702 | 2-bed | 2,001 sqft | AED 1.62MAED 1,620,000 · Oct 2022October 2022 | ||
| A703 | Studio | 227 sqft | AED 350KAED 350,000 · Mar 2019March 2019 | 43,000 /yr | |
| A704 | 2-bed | 1,617 sqft | AED 1.52MAED 1,523,000 · Mar 2023March 2023 | 84,000 /yr | |
| A705 | 1-bed | 850 sqft | AED 1.18MAED 1,181,800 · Aug 2014August 2014 | 80,000 /yr | |
| A706 | 1-bed | 885 sqft | AED 1.27MAED 1,273,950 · Nov 2014November 2014 | 54,454 /yr | |
| A707 | 1-bed | 843 sqft | AED 1.17MAED 1,173,250 · Dec 2014December 2014 | 52,800 /yr | |
| A708 | 2-bed | 1,556 sqft | AED 1.32MAED 1,319,878 · Jul 2021July 2021 | 150,000 /yr | |
| A709 | 1-bed | 777 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 57,750 /yr |
A702A, Loreto 3A in numbers
- Sold once: by DAMAC on 24 August 2014 for AED 533,900, or AED 1,602 per sqft.
- Rented since November 2020 on 2 Ejari contracts, from AED 33,600 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2014 price is 7.9%, before a service charge of about AED 3,500 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 17 May 2023.
Questions about A702A, Loreto 3A
What did unit A702A last sell for?
AED 533,900 on 24 August 2014, sold by the developer: AED 1,602 per sqft for 333 sqft. It is the only registered sale of the unit.
What is the rent for unit A702A?
AED 42,000 a year on the contract signed on 17 May 2023. The previous contract, from November 2020, was AED 33,600.
How big is unit A702A?
333 sqft (30.9 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit A702A 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 A702A, Loreto 3A
Starts from the last sale price (AED 534K, 24 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 533,900
- Deposit, UAE resident (20%)
- AED 106,780
- Deposit, non-resident (40%)
- AED 213,560
- Monthly over 25 years at 3.7%
- AED 2,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →