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1-bed · 815 sqftLoreto 1A, Damac Hills · 5th floor · completed 2017

A506, Loreto 1A

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

Unit A506 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 985K4 March 2019
Current rentAED 59K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A506, Loreto 1A

What is A506 worth today?

Last sold for AED 985,000 in 2019

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5 Nov 2025RentedRenewal
AED 58,695/yr12 months · AED 72 per sqft
5 Nov 2023RentedRenewal
AED 50,820/yr12 months · AED 62 per sqft
5 Nov 2022RentedNew contract
AED 46,200/yr12 months · AED 57 per sqft
5 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
4 Mar 2019Sold by developerReady
AED 985,000AED 1,208 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
5th of 9
Parking
G-29
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 985K · March 2019
Building
Loreto 1A

About A506, Loreto 1A

A506 is a one-bedroom apartment of 815 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 4 March 2019 for AED 985,000, or AED 1,208 per sqft, in line with the AED 1,223 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 58,695 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 11,300 a year.

Sales and rents for A506 over time

Sales
Unit A506, 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, March 2019: AED 985,000 (AED 1,208 per sqft)

A506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A506, 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, November 2019: AED 48,000 a yearNew contract, November 2022: AED 46,200 a yearRenewal, November 2023: AED 50,820 a yearRenewal, November 2025: AED 58,695 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 A506 sits

All 39 1-beds →

A506 last sold in March 2019 at AED 1,208 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,223). A506's AED 58,695 is at the bottom 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
A5021-bedAED 797K · May 2022
A503StudioAED 625K · Mar 2025
A504StudioAED 640K · Mar 2025
A505AED 500K · Nov 2025
A5071-bedAED 800K · Jun 2023
A5081-bedAED 966K · Nov 2019
1–7 of 12

A506, Loreto 1A in numbers

  • Sold once: by DAMAC on 4 March 2019 for AED 985,000, or AED 1,208 per sqft.
  • Rented since November 2019 on 4 Ejari contracts, from AED 48,000 to AED 58,695 a year.
  • At AED 58,695 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 11,300 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 5 November 2025.

Questions about A506, Loreto 1A

What did unit A506 last sell for?

AED 985,000 on 4 March 2019, sold by the developer: AED 1,208 per sqft for 815 sqft. It is the only registered sale of the unit.

What is the rent for unit A506?

AED 58,695 a year on the contract renewed on 5 November 2025. The previous contract, from November 2023, was AED 50,820; the unit has been rented since November 2019.

How big is unit A506?

815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit A506 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 A506, Loreto 1A

Starts from the last sale price (AED 985K, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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