1-bed · 885 sqftLoreto 3A, Damac Hills · 7th floor · completed 2017

A706, Loreto 3A

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A706 · DLD and Ejari recordsUpdated 17 January 2025
Last soldAED 1.27M3 November 2014
Current rentAED 54K /yr17 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A706, Loreto 3A

What is A706 worth today?

Last sold for AED 1,273,950 in 2014

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17 Jan 2025RentedRenewal
AED 54,454/yr9 months · AED 62 per sqft
17 Jan 2025RentedRenewal
AED 54,454/yr9 months · AED 62 per sqft
17 Jan 2023RentedRenewal
AED 49,500/yr12 months · AED 56 per sqft
16 Dec 2021RentedNew contract
AED 45,000/yr13 months · AED 51 per sqft
14 Jul 2019RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
3 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
3 Nov 2014Sold by developerOff-plan
AED 1,273,950AED 1,438 per sqft

Source: Dubai Land Department. Updated 17 January 2025.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
7th of 9
Parking
UP1-22
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 1.27M · November 2014
Building
Loreto 3A

About A706, Loreto 3A

A706 is a one-bedroom apartment of 885 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 3 November 2014 for AED 1,273,950, or AED 1,438 per sqft, 5% above the AED 1,376 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 17 January 2025, is AED 54,454 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 9,400 a year.

Sales and rents for A706 over time

Sales
Unit A706, each saleTypical one-bed in Loreto 3A
1M1.2M2014201820222026Typical sale price by year: 2014 AED 1,177,525; 2015 AED 1,097,250; 2017 AED 1,053,000; 2022 AED 908,000; 2023 AED 1,283,800; 2024 AED 950,000; 2025 AED 1,090,000; 2026 AED 1,242,500Sold by developer, November 2014: AED 1,273,950 (AED 1,438 per sqft)

A706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A706, each contractTypical one-bed in Loreto 3A
40K60K80K2018202120242027Typical rent by year: 2018 AED 62,500; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 51,725; 2023 AED 54,800; 2024 AED 63,000; 2025 AED 75,000; 2026 AED 79,250New contract, July 2018: AED 65,000 a yearNew contract, July 2019: AED 52,000 a yearNew contract, December 2021: AED 45,000 a yearRenewal, January 2023: AED 49,500 a yearRenewal, January 2025: AED 54,454 a yearRenewal, January 2025: AED 54,454 a year

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

1-beds in Loreto 3A, and where A706 sits

All 36 1-beds →

A706 last sold in November 2014 at AED 1,438 per sqft, 5% above what one-beds in Loreto 3A were fetching at the time (AED 1,376). Over the last 12 months one-beds sold for AED 1,100,000 to 1,500,000, around AED 1,431 per sqft, and rent for AED 60,375 to 100,000 a year. A706's AED 54,454 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,100,000
4 Feb 20261,325,000
6 Jan 20261,500,000
5 Jan 20261,160,000
4 1-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
A7022-bedAED 1.62M · Oct 2022
A702AStudioAED 534K · Aug 2014
A703StudioAED 350K · Mar 2019
A7042-bedAED 1.52M · Mar 2023
A7051-bedAED 1.18M · Aug 2014
1–7 of 10

A706, Loreto 3A in numbers

  • Sold once: by DAMAC on 3 November 2014 for AED 1,273,950, or AED 1,438 per sqft.
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 54,454 by January 2025.
  • At AED 54,454 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 9,400 a year (AED 10.63 per sqft).
  • One-beds in Loreto 3A sold for AED 1,100,000–1,500,000 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 January 2025.

Questions about A706, Loreto 3A

What did unit A706 last sell for?

AED 1,273,950 on 3 November 2014, sold by the developer: AED 1,438 per sqft for 885 sqft. It is the only registered sale of the unit.

What is the rent for unit A706?

AED 54,454 a year on the contract renewed on 17 January 2025. The previous contract, from January 2025, was AED 54,454; the unit has been rented since July 2018.

How big is unit A706?

885 sqft (82.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 3A sold for AED 1,100,000 to 1,500,000 in the last 12 months, around AED 1,431 per sqft.

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Mortgage on A706, Loreto 3A

Starts from the last sale price (AED 1.27M, 3 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,273,950
Deposit, UAE resident (20%)
AED 254,790
Deposit, non-resident (40%)
AED 509,580
Monthly over 25 years at 3.7%
AED 5,212

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