Studio · 418 sqftLoreto 1A, Damac Hills · 8th floor · completed 2017

A803, Loreto 1A

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A803 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 381K3 February 2023
Current rentAED 38K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A803, Loreto 1A

What is A803 worth today?

Last sold for AED 381,000 in 2023

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1 Mar 2025RentedRenewal
AED 38,267/yr12 months · AED 91 per sqft
29 Feb 2024RentedRenewal
AED 34,788/yr12 months · AED 83 per sqft
1 Mar 2023RentedRenewal
AED 31,716/yr12 months · AED 76 per sqft
3 Feb 2023SoldReady
AED 381,000AED 910 per sqft
1 Mar 2021RentedRenewal
AED 25,000/yr12 months · AED 60 per sqft
18 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 83 per sqft
19 Jul 2018Sold by developerReady
AED 589,000AED 1,407 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
8th of 9
Parking
nan
Developer
DAMAC
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 381K · February 2023
Building
Loreto 1A

About A803, Loreto 1A

A803 is a studio of 418 sqft on the 8th floor of Loreto 1A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 3 February 2023 for AED 381,000, or AED 910 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 38,267 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 5,800 a year.

Sales and rents for A803 over time

Sales
Unit A803, each saleTypical studio in Loreto 1A
400K600K20182020202220242026Typical sale price by year: 2018 AED 689,500; 2019 AED 643,500; 2023 AED 520,800; 2024 AED 630,000; 2025 AED 600,000Sold by developer, July 2018: AED 589,000 (AED 1,407 per sqft)Sold, February 2023: AED 381,000 (AED 910 per sqft)

A803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A803, each contractTypical studio in Loreto 1A
30K40K20182020202220242026Typical rent by year: 2018 AED 35,500; 2019 AED 36,000; 2020 AED 30,000; 2021 AED 27,500; 2022 AED 31,400; 2023 AED 33,549; 2024 AED 40,800; 2025 AED 42,800New contract, November 2018: AED 35,000 a yearRenewal, March 2021: AED 25,000 a yearRenewal, March 2023: AED 31,716 a yearRenewal, February 2024: AED 34,788 a yearRenewal, March 2025: AED 38,267 a year

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 A803 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. A803's AED 38,267 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
14 May 2025600,000
21 Apr 2025580,000
2 Apr 2025560,000
24 Mar 2025625,000
2 studio 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 8th floor

All 84 units in Loreto 1A
Value
A8013-bedAED 1.36M · Jun 2021
A8021-bedAED 994K · Mar 2019
A804StudioAED 600K · May 2025
A8051-bedAED 976K · Mar 2019
A8061-bedAED 1.01M · Mar 2019
A8071-bedAED 977K · Mar 2019
A8082-bedAED 1.5M · Dec 2018
1–7 of 9

A803, Loreto 1A in numbers

  • Sold twice: first on 19 July 2018 for AED 589,000, last on 3 February 2023 for AED 381,000 (AED 910 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2021 and recovered to AED 38,267 by March 2025.
  • At AED 38,267 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 5,800 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 1 March 2025.

Questions about A803, Loreto 1A

What did unit A803 last sell for?

AED 381,000 on 3 February 2023: AED 910 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 589,000 in July 2018.

What is the rent for unit A803?

AED 38,267 a year on the contract renewed on 1 March 2025. The previous contract, from February 2024, was AED 34,788; the unit has been rented since November 2018.

How big is unit A803?

418 sqft (38.8 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit A803 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 A803, Loreto 1A

Starts from the last sale price (AED 381K, 3 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 381,000
Deposit, UAE resident (20%)
AED 76,200
Deposit, non-resident (40%)
AED 152,400
Monthly over 25 years at 3.7%
AED 1,559

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