A405, Loreto 1A
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A405, Loreto 1A
What is A405 worth today?
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Source: Dubai Land Department. Updated 2 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 4th of 9
- Parking
- B-31
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,400 /yr
- Last sold
- AED 492K · October 2019
- Building
- Loreto 1A
About A405, Loreto 1A
A405 is a studio of 460 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 24 October 2019 for AED 491,625, or AED 1,068 per sqft, 21% below the AED 1,351 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 2 July 2025, is AED 43,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 6,400 a year.
Sales and rents for A405 over time
A405 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 1A, and where A405 sits
All 17 studios →A405 last sold in October 2019 at AED 1,068 per sqft, 21% below what studios in Loreto 1A were fetching at the time (AED 1,351). Over the last 12 months studios sold for AED 500,000 to 650,000, around AED 1,193 per sqft, and rent for AED 42,600 to 60,000 a year. A405's AED 43,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202514 May 2025 | 511 sqft | 600,000 | 1,173 | ||
| 21 Apr 202521 April 2025 | 526 sqft | 580,000 | 1,103 | ||
| 2 Apr 20252 April 2025 | 511 sqft | 560,000 | 1,095 | ||
| 24 Mar 202524 March 2025 | 482 sqft | 625,000 | 1,297 |
Loreto 1A
Building84 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%
Other units on the 4th floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 1,619 sqft | AED 1.15MAED 1,146,650 · Sep 2021September 2021 | 97,000 /yr | ||
| A402 | 1-bed | 796 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 72,000 /yr | |
| A403 | 241 sqft | AED 254KAED 254,000 · Aug 2025August 2025 | 35,000 /yr | ||
| A404 | 501 sqft | AED 650KAED 650,000 · Nov 2025November 2025 | 38,176 /yr | ||
| A406 | 1-bed | 787 sqft | AED 953KAED 953,000 · Mar 2019March 2019 | 75,000 /yr | |
| A407 | 1-bed | 816 sqft | AED 1.09MAED 1,092,000 · Jul 2018July 2018 | 78,000 /yr | |
| A408 | 1-bed | 801 sqft | AED 941KAED 940,900 · Mar 2019March 2019 | 85,000 /yr | |
| A409 | 1-bed | 818 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 75,000 /yr | |
| A410 | Studio | 476 sqft | AED 630KAED 630,000 · Nov 2019November 2019 | 35,090 /yr | |
| A411 | 1-bed | 860 sqft | AED 805KAED 805,000 · Nov 2023November 2023 | 78,596 /yr | |
| A412 | 1-bed | 942 sqft | AED 990KAED 990,000 · Jan 2023January 2023 | 72,402 /yr | |
| A413 | 1,336 sqft | AED 1.87MAED 1,871,540 · Aug 2025August 2025 |
A405, Loreto 1A in numbers
- Sold once: by DAMAC on 24 October 2019 for AED 491,625, or AED 1,068 per sqft.
- Rented since January 2020 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 25,000 in 2021 and recovered to AED 43,000 by July 2025.
- At AED 43,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 6,400 a year (AED 13.82 per sqft).
- Studios in Loreto 1A sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,287 per sqft.
Source: Dubai Land Department. Updated 2 July 2025.
Questions about A405, Loreto 1A
What did unit A405 last sell for?
AED 491,625 on 24 October 2019, sold by the developer: AED 1,068 per sqft for 460 sqft. It is the only registered sale of the unit.
What is the rent for unit A405?
AED 43,000 a year on the contract signed on 2 July 2025. The previous contract, from January 2025, was AED 40,000; the unit has been rented since January 2020.
How big is unit A405?
460 sqft (42.7 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit A405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1A sold for AED 500,000 to 650,000 in the last 12 months, around AED 1,193 per sqft.
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Mortgage on A405, Loreto 1A
Starts from the last sale price (AED 492K, 24 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 491,625
- Deposit, UAE resident (20%)
- AED 98,325
- Deposit, non-resident (40%)
- AED 196,650
- Monthly over 25 years at 3.7%
- AED 2,011
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →