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1,619 sqftLoreto 1A, Damac Hills · 4th floor · completed 2017

A401, Loreto 1A

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A401 · DLD and Ejari recordsUpdated 5 September 2021
Last soldAED 1.15M5 September 2021
Current rentAED 97K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A401, Loreto 1A

What is A401 worth today?

Last sold for AED 1,146,650 in 2021

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5 Sep 2021Sold by developerReady
AED 1,146,650AED 708 per sqft
15 Jan 2020RentedRenewal
AED 97,000/yr12 months · AED 60 per sqft
15 Jan 2019RentedNew contract
AED 109,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 September 2021.

Key facts

Type
Apartment
Size
1,619 sqft
Floor
4th of 9
Parking
T1-UP1-09 , T1-UP1-43
Developer
DAMAC
Completed
2017
Service charge
AED 22,400 /yr
Last sold
AED 1.15M · September 2021
Building
Loreto 1A

About A401, Loreto 1A

A401 is an apartment of 1,619 sqft on the 4th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 5 September 2021 for AED 1,146,650, or AED 708 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 January 2020, is AED 97,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 22,400 a year.

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 4th floor

All 84 units in Loreto 1A
Value
A4021-bedAED 1.05M · Apr 2024
A403AED 254K · Aug 2025
A404AED 650K · Nov 2025
A405StudioAED 492K · Oct 2019
A4061-bedAED 953K · Mar 2019
A4071-bedAED 1.09M · Jul 2018
A4081-bedAED 941K · Mar 2019
1–7 of 12

A401, Loreto 1A in numbers

  • Sold once: by DAMAC on 5 September 2021 for AED 1,146,650, or AED 708 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, from AED 109,000 to AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 22,400 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 5 September 2021.

Questions about A401, Loreto 1A

What did unit A401 last sell for?

AED 1,146,650 on 5 September 2021, sold by the developer: AED 708 per sqft for 1,619 sqft. It is the only registered sale of the unit.

What is the rent for unit A401?

AED 97,000 a year on the contract renewed on 15 January 2020. The previous contract, from January 2019, was AED 109,000.

How big is unit A401?

1,619 sqft (150.4 sqm): an apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A401 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 A401, Loreto 1A

Starts from the last sale price (AED 1.15M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,650
Deposit, UAE resident (20%)
AED 229,330
Deposit, non-resident (40%)
AED 458,660
Monthly over 25 years at 3.7%
AED 4,691

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