2-bed · 2,149 sqftLoreto 1A, Damac Hills · 7th floor · completed 2017

A709, Loreto 1A

Sold prices and rental history: sold once, by the developer in April 2021, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A709 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 2.03M21 April 2021
Current rentAED 170K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A709, Loreto 1A

What is A709 worth today?

Last sold for AED 2,033,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2025RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
21 Apr 2021Sold by developerReady
AED 2,033,000AED 945 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
2,149 sqft
Floor
7th of 9
Parking
UP1-08 , UP1-42
Developer
DAMAC
Completed
2017
Service charge
AED 29,700 /yr
Last sold
AED 2.03M · April 2021
Building
Loreto 1A

About A709, Loreto 1A

A709 is a two-bedroom apartment of 2,149 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 21 April 2021 for AED 2,033,000, or AED 945 per sqft.

One Ejari contract is registered, from 15 May 2025. The current contract, signed on 15 May 2025, is AED 170,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 29,700 a year.

Sales and rents for A709 over time

Sales
Unit A709, each saleTypical two-bed in Loreto 1A
1.6M1.8M2M2018202020222024Typical sale price by year: 2018 AED 1,598,850; 2023 AED 1,880,000Sold by developer, April 2021: AED 2,033,000 (AED 945 per sqft)

A709 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A709, each contractTypical two-bed in Loreto 1A
100K150K2019202120232025Typical rent by year: 2019 AED 110,000; 2020 AED 80,000; 2021 AED 82,000; 2022 AED 84,000; 2023 AED 115,000; 2025 AED 120,000New contract, May 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 1A, and where A709 sits

All 10 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
31 Oct 20232,850,000
8 May 20231,880,000
16 Mar 20231,339,999
7 Sep 20221,911,000
0 2-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 7th floor

All 84 units in Loreto 1A
Value
A7013-bedAED 2.41M · Jan 2026
A702StudioAED 659K · Nov 2015
A703AED 1.95M · Aug 2025
A7041-bedAED 1M · Aug 2018
A7051-bedAED 1M · Mar 2019
A7061-bedAED 954K · Dec 2018
A707AED 1.9M · Oct 2025
1–7 of 8

A709, Loreto 1A in numbers

  • Sold once: by DAMAC on 21 April 2021 for AED 2,033,000, or AED 945 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 29,700 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 15 May 2025.

Questions about A709, Loreto 1A

What did unit A709 last sell for?

AED 2,033,000 on 21 April 2021, sold by the developer: AED 945 per sqft for 2,149 sqft. It is the only registered sale of the unit.

What is the rent for unit A709?

AED 170,000 a year on the contract signed on 15 May 2025.

How big is unit A709?

2,149 sqft (199.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling A709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A709, Loreto 1A

Starts from the last sale price (AED 2.03M, 21 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,033,000
Deposit, UAE resident (20%)
AED 406,600
Deposit, non-resident (40%)
AED 813,200
Monthly over 25 years at 3.7%
AED 8,318

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