1-bed · 946 sqftLoreto 1A, Damac Hills · 3rd floor · completed 2017

A311, Loreto 1A

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

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Unit A311 · DLD and Ejari recordsUpdated 20 June 2024

Last soldAED 1.19M25 July 2018

Current rentAED 65K /yr20 June 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for A311, Loreto 1A

Today

What is A311 worth today?

Last sold for AED 1,188,000 in 2018

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20 Jun 2024

20 Jun 2024RentedNew contract

AED 65,000/yr12 months · AED 69 per sqft

13 Mar 2023

13 Mar 2023RentedNew contract

AED 47,000/yr12 months · AED 50 per sqft

3 Mar 2020

3 Mar 2020RentedNew contract

AED 45,000/yr12 months · AED 48 per sqft

1 Dec 2018

1 Dec 2018RentedNew contract

AED 60,000/yr12 months · AED 63 per sqft

25 Jul 2018

25 Jul 2018Sold by developerOff-plan

AED 1,188,000AED 1,256 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type: 1-bed apartment
Size: 946 sqft
Floor: 3rd of 9
Parking: B-10
Developer: DAMAC
Completed: 2017
Service charge: AED 13,100 /yr
Last sold: AED 1.19M · July 2018
Building: Loreto 1A

About A311, Loreto 1A

A311 is a one-bedroom apartment of 946 sqft on the 3rd floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 25 July 2018 for AED 1,188,000, or AED 1,256 per sqft, in line with the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 June 2024, is AED 65,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 13,100 a year.

Sales and rents for A311 over time

Sales

Unit A311, each saleTypical one-bed in Loreto 1A

A311 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit A311, each contractTypical one-bed in Loreto 1A

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

1-beds in Loreto 1A, and where A311 sits

All 39 1-beds →

Loreto 1A · all types1,287 /sqft

A311 last sold in July 2018 at AED 1,256 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,239). A311's AED 65,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
20 May 202520 May 2025	832 sqft	850,000	1,022
9 Apr 20259 April 2025	818 sqft	1,050,000	1,283
15 Apr 202415 April 2024	796 sqft	1,050,000	1,318
17 Nov 202317 November 2023	860 sqft	805,000	936

0 1-bed sales in the last 12 months

Loreto 1A

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft: AED 1,287
Typical sale: AED 650K
Typical rent: AED 64K /yr
Typical yield: 7.4%

Loreto 1A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 1A


A301	3-bed	3,237 sqft	AED 2.57MAED 2,565,640 · Mar 2023March 2023
A302	1-bed	1,317 sqft	AED 1.18MAED 1,181,000 · Jun 2019June 2019	60,900 /yr
A303	Studio	615 sqft	AED 582KAED 581,600 · Sep 2023September 2023	25,000 /yr
A304	Studio	641 sqft	AED 764KAED 764,000 · Jun 2018June 2018	45,000 /yr
A305	Studio	597 sqft	AED 725KAED 725,000 · Aug 2024August 2024	33,000 /yr
A306	1-bed	862 sqft	AED 1.01MAED 1,007,000 · Mar 2019March 2019	80,000 /yr
A307	Studio	539 sqft	AED 724KAED 724,000 · May 2018May 2018	36,000 /yr
A308	1-bed	818 sqft	AED 987KAED 987,000 · Mar 2019March 2019	70,000 /yr
A309		475 sqft	AED 798KAED 798,000 · Oct 2025October 2025	45,000 /yr
A310	1-bed	856 sqft	AED 1.13MAED 1,129,000 · Jul 2018July 2018	78,000 /yr
A312	2-bed	2,209 sqft	AED 1.91MAED 1,911,000 · Sep 2022September 2022	85,000 /yr

1–7 of 11

A311, Loreto 1A in numbers

Sold once: by DAMAC on 25 July 2018 for AED 1,188,000, or AED 1,256 per sqft.
Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 65,000 by June 2024.
At AED 65,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 13,100 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 20 June 2024.

Questions about A311, Loreto 1A

What did unit A311 last sell for?

AED 1,188,000 on 25 July 2018, sold by the developer: AED 1,256 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit A311?

AED 65,000 a year on the contract signed on 20 June 2024. The previous contract, from March 2023, was AED 47,000; the unit has been rented since December 2018.

How big is unit A311?

946 sqft (87.9 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit A311 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 A311, Loreto 1A

Starts from the last sale price (AED 1.19M, 25 July 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,188,000
Deposit, UAE resident (20%): AED 237,600
Deposit, non-resident (40%): AED 475,200
Monthly over 25 years at 3.7%: AED 4,860

Plus AED 54,906 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →