A706, Loreto 1A
Sold prices and rental history: sold once, by the developer in December 2018, 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 A706, Loreto 1A
What is A706 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 794 sqft
- Floor
- 7th of 9
- Parking
- UP1-20
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,000 /yr
- Last sold
- AED 954K · December 2018
- Building
- Loreto 1A
About A706, Loreto 1A
A706 is a one-bedroom apartment of 794 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 24 December 2018 for AED 953,540, or AED 1,200 per sqft, in line with the AED 1,226 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 63,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 11,000 a year.
Sales and rents for A706 over time
A706 has sold once; the dashed line is the one-bed median of each year in the building.
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 A706 sits
All 39 1-beds →A706 last sold in December 2018 at AED 1,200 per sqft, in line with what one-beds in Loreto 1A were fetching at the time (AED 1,226). A706's AED 63,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202520 May 2025 | 832 sqft | 850,000 | 1,022 | ||
| 9 Apr 20259 April 2025 | 818 sqft | 1,050,000 | 1,283 | ||
| 15 Apr 202415 April 2024 | 796 sqft | 1,050,000 | 1,318 | ||
| 17 Nov 202317 November 2023 | 860 sqft | 805,000 | 936 |
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 | |
| A702 | Studio | 392 sqft | AED 659KAED 659,371 · Nov 2015November 2015 | 53,000 /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 | |
| 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 |
A706, Loreto 1A in numbers
- Sold once: by DAMAC on 24 December 2018 for AED 953,540, or AED 1,200 per sqft.
- Rented since July 2019 on 5 Ejari contracts, from AED 57,969 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 11,000 a year (AED 13.82 per sqft).
Source: Dubai Land Department. Updated 1 March 2025.
Questions about A706, Loreto 1A
What did unit A706 last sell for?
AED 953,540 on 24 December 2018, sold by the developer: AED 1,200 per sqft for 794 sqft. It is the only registered sale of the unit.
What is the rent for unit A706?
AED 63,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 60,000; the unit has been rented since July 2019.
How big is unit A706?
794 sqft (73.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit A706 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 A706, Loreto 1A
Starts from the last sale price (AED 954K, 24 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 953,540
- Deposit, UAE resident (20%)
- AED 190,708
- Deposit, non-resident (40%)
- AED 381,416
- Monthly over 25 years at 3.7%
- AED 3,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →