1-bed · 797 sqftLoreto 1A, Damac Hills · 5th floor · completed 2017

A502, Loreto 1A

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A502 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 797K11 May 2022
Current rentAED 69K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A502, Loreto 1A

What is A502 worth today?

Last sold for AED 797,340 in 2022

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20 Oct 2025RentedRenewal
AED 69,000/yr12 months · AED 87 per sqft
19 Oct 2024RentedRenewal
AED 68,815/yr12 months · AED 86 per sqft
19 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
18 Oct 2022RentedNew contract
AED 59,839/yr12 months · AED 75 per sqft
11 May 2022Sold by developerReady
AED 797,340AED 1,001 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
5th of 9
Parking
G-10
Developer
DAMAC
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 797K · May 2022
Building
Loreto 1A

About A502, Loreto 1A

A502 is a one-bedroom apartment of 797 sqft on the 5th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 11 May 2022 for AED 797,340, or AED 1,001 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 69,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for A502 over time

Sales
Unit A502, each saleTypical one-bed in Loreto 1A
800K900K1M2018202020222024Typical sale price by year: 2018 AED 1,003,500; 2019 AED 986,000; 2021 AED 813,000; 2023 AED 805,000Sold by developer, May 2022: AED 797,340 (AED 1,001 per sqft)

A502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A502, each contractTypical one-bed in Loreto 1A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 46,250; 2021 AED 44,500; 2022 AED 49,500; 2023 AED 58,000; 2024 AED 61,872; 2025 AED 70,000; 2026 AED 75,000New contract, October 2022: AED 59,839 a yearRenewal, October 2023: AED 60,000 a yearRenewal, October 2024: AED 68,815 a yearRenewal, October 2025: AED 69,000 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 1A, and where A502 sits

All 39 1-beds →

A502's AED 69,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 2025850,000
9 Apr 20251,050,000
15 Apr 20241,050,000
17 Nov 2023805,000
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 5th floor

All 84 units in Loreto 1A
Value
A5013-bedAED 936K · Jan 2019
A503StudioAED 625K · Mar 2025
A504StudioAED 640K · Mar 2025
A505AED 500K · Nov 2025
A5061-bedAED 985K · Mar 2019
A5071-bedAED 800K · Jun 2023
A5081-bedAED 966K · Nov 2019
1–7 of 12

A502, Loreto 1A in numbers

  • Sold once: by DAMAC on 11 May 2022 for AED 797,340, or AED 1,001 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 59,839 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 11,000 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 20 October 2025.

Questions about A502, Loreto 1A

What did unit A502 last sell for?

AED 797,340 on 11 May 2022, sold by the developer: AED 1,001 per sqft for 797 sqft. It is the only registered sale of the unit.

What is the rent for unit A502?

AED 69,000 a year on the contract renewed on 20 October 2025. The previous contract, from October 2024, was AED 68,815; the unit has been rented since October 2022.

How big is unit A502?

797 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit A502 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 A502, Loreto 1A

Starts from the last sale price (AED 797K, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 797,340
Deposit, UAE resident (20%)
AED 159,468
Deposit, non-resident (40%)
AED 318,936
Monthly over 25 years at 3.7%
AED 3,262

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