A702, Loreto 1A
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A702, Loreto 1A
What is A702 worth today?
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Source: Dubai Land Department. Updated 16 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 392 sqft
- Floor
- 7th of 9
- Parking
- UP1-16
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,400 /yr
- Last sold
- AED 659K · November 2015
- Building
- Loreto 1A
About A702, Loreto 1A
A702 is a studio of 392 sqft on the 7th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 9 November 2015 for AED 659,371, or AED 1,681 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 16 December 2025, is AED 53,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 5,400 a year.
Sales and rents for A702 over time
A702 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 A702 sits
All 17 studios →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. A702's AED 53,000 is in the upper 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 7th floor
All 84 units in Loreto 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | 3-bed | 1,872 sqft | AED 2.41MAED 2,410,000 · Jan 2026January 2026 | 130,000 /yr | |
| A703 | 1,362 sqft | AED 1.95MAED 1,945,000 · Aug 2025August 2025 | |||
| A704 | 1-bed | 787 sqft | AED 1MAED 1,000,000 · Aug 2018August 2018 | ||
| A705 | 1-bed | 816 sqft | AED 1MAED 1,001,000 · Mar 2019March 2019 | 59,714 /yr | |
| A706 | 1-bed | 794 sqft | AED 954KAED 953,540 · Dec 2018December 2018 | 63,000 /yr | |
| A707 | 1,273 sqft | AED 1.9MAED 1,898,260 · Oct 2025October 2025 | 100,740 /yr | ||
| A708 | 1-bed | 832 sqft | AED 850KAED 850,000 · May 2025May 2025 | 85,000 /yr | |
| A709 | 2-bed | 2,149 sqft | AED 2.03MAED 2,033,000 · Apr 2021April 2021 | 170,000 /yr |
A702, Loreto 1A in numbers
- Sold once: by DAMAC on 9 November 2015 for AED 659,371, or AED 1,681 per sqft.
- Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 32,000 in 2020 and recovered to AED 53,000 by December 2025.
- At AED 53,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 5,400 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 16 December 2025.
Questions about A702, Loreto 1A
What did unit A702 last sell for?
AED 659,371 on 9 November 2015, sold by the developer: AED 1,681 per sqft for 392 sqft. It is the only registered sale of the unit.
What is the rent for unit A702?
AED 53,000 a year on the contract signed on 16 December 2025. The previous contract, from September 2023, was AED 40,000; the unit has been rented since January 2019.
How big is unit A702?
392 sqft (36.4 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit A702 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 A702, Loreto 1A
Starts from the last sale price (AED 659K, 9 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 659,371
- Deposit, UAE resident (20%)
- AED 131,874
- Deposit, non-resident (40%)
- AED 263,748
- Monthly over 25 years at 3.7%
- AED 2,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →