Studio · 227 sqftLoreto 3A, Damac Hills · 7th floor · completed 2017

A703, Loreto 3A

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A703 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 350K28 March 2019
Current rentAED 43K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A703, Loreto 3A

What is A703 worth today?

Last sold for AED 350,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2026RentedRenewal
AED 43,000/yr12 months · AED 95 per sqft
1 Oct 2024RentedRenewal
AED 39,000/yr12 months · AED 86 per sqft
1 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 77 per sqft
1 Oct 2022RentedRenewal
AED 30,000/yr12 months · AED 66 per sqft
1 Oct 2021RentedRenewal
AED 27,500/yr12 months · AED 61 per sqft
1 Oct 2020RentedNew contract
AED 27,500/yr12 months · AED 61 per sqft
4 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
28 Mar 2019SoldReady
AED 350,000AED 1,539 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
227 sqft
Floor
7th of 9
Parking
UP1-19
Developer
DAMAC
Completed
2017
Service charge
AED 2,400 /yr
Last sold
AED 350K · March 2019
Building
Loreto 3A

About A703, Loreto 3A

A703 is a studio of 227 sqft on the 7th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 March 2019 for AED 350,000, or AED 1,539 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 43,000 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 2,400 a year.

Sales and rents for A703 over time

Sales
Unit A703, each saleTypical studio in Loreto 3A
400K600K800K2014201720202023Typical sale price by year: 2014 AED 660,250; 2015 AED 773,300; 2023 AED 522,500; 2024 AED 507,500Sold by developer, September 2014: AED 660,250 (AED 1,452 per sqft)Sold, March 2019: AED 350,000 (AED 1,539 per sqft)

A703 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A703, 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, September 2018: AED 38,000 a yearNew contract, September 2019: AED 35,000 a yearNew contract, October 2020: AED 27,500 a yearRenewal, October 2021: AED 27,500 a yearRenewal, October 2022: AED 30,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, October 2024: AED 39,000 a yearRenewal, October 2026: AED 43,000 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 A703 sits

All 24 studios →

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. A703's AED 43,000 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 7th floor

All 82 units in Loreto 3A
Value
A701StudioAED 600K · Sep 2014
A701A1-bedAED 1.38M · Jul 2023
A7022-bedAED 1.62M · Oct 2022
A702AStudioAED 534K · Aug 2014
A7042-bedAED 1.52M · Mar 2023
A7051-bedAED 1.18M · Aug 2014
A7061-bedAED 1.27M · Nov 2014
1–7 of 10

A703, Loreto 3A in numbers

  • Sold twice: first on 24 September 2014 for AED 660,250, last on 28 March 2019 for AED 350,000 (AED 1,539 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 27,500 in 2021 and recovered to AED 43,000 by October 2026.
  • At AED 43,000 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 2,400 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 1 October 2026.

Questions about A703, Loreto 3A

What did unit A703 last sell for?

AED 350,000 on 28 March 2019: AED 1,539 per sqft for 227 sqft. The unit has 2 registered sales; the first was AED 660,250 in September 2014.

What is the rent for unit A703?

AED 43,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2024, was AED 39,000; the unit has been rented since September 2018.

How big is unit A703?

227 sqft (21.1 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.

What is unit A703 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.

Selling A703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A703, Loreto 3A

Starts from the last sale price (AED 350K, 28 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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