A304, Loreto 2A
Sold prices and rental history: sold twice, last in March 2023, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A304, Loreto 2A
What is A304 worth today?
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Source: Dubai Land Department. Updated 30 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 581 sqft
- Floor
- 3rd of 9
- Parking
- B-02
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,200 /yr
- Last sold
- AED 450K · March 2023
- Building
- Loreto 2A
About A304, Loreto 2A
A304 is a studio of 581 sqft on the 3rd floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 22 March 2023 for AED 450,000, or AED 774 per sqft.
One Ejari contract is registered, from 30 July 2024. The current contract, signed on 30 July 2024, is AED 60,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 6,200 a year.
Sales and rents for A304 over time
A304 has sold twice; 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 2A, and where A304 sits
All 24 studios →A304's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Dec 20249 December 2024 | 330 sqft | 500,000 | 1,515 | ||
| 10 Oct 202410 October 2024 | 486 sqft | 595,000 | 1,223 | ||
| 9 Oct 20249 October 2024 | 321 sqft | 450,000 | 1,402 | ||
| 20 Aug 202420 August 2024 | 496 sqft | 570,000 | 1,148 |
Loreto 2A
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,264
- Typical sale
- AED 2.19M
- Typical rent
- AED 70K /yr
- Typical yield
- 7.7%
Other units on the 3rd floor
All 83 units in Loreto 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 2-bed | 1,917 sqft | AED 1.65MAED 1,652,000 · Aug 2022August 2022 | 92,000 /yr | |
| A302 | 3-bed | 3,653 sqft | AED 3.63MAED 3,627,000 · Mar 2023March 2023 | 190,000 /yr | |
| A303 | 1-bed | 1,314 sqft | AED 1.68MAED 1,684,350 · Jul 2015July 2015 | 104,719 /yr | |
| A305 | Studio | 592 sqft | AED 734KAED 734,000 · Jul 2018July 2018 | 45,000 /yr | |
| A306 | Studio | 580 sqft | AED 525KAED 525,000 · Sep 2023September 2023 | 55,000 /yr | |
| A307 | 1-bed | 867 sqft | AED 1.11MAED 1,111,500 · Sep 2014September 2014 | 85,000 /yr | |
| A308 | Studio | 596 sqft | AED 867KAED 867,350 · Aug 2014August 2014 | 40,000 /yr | |
| A309 | 1-bed | 982 sqft | AED 1.27MAED 1,266,350 · Sep 2014September 2014 | 85,000 /yr | |
| A310 | 2-bed | 1,477 sqft | AED 1.35MAED 1,352,000 · Apr 2022April 2022 | ||
| A311 | Studio | 430 sqft | AED 656KAED 655,500 · Aug 2014August 2014 | 42,000 /yr |
A304, Loreto 2A in numbers
- Sold twice: first on 21 September 2014 for AED 849,300, last on 22 March 2023 for AED 450,000 (AED 774 per sqft).
- Rented since July 2024 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 13.3%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 30 July 2024.
Questions about A304, Loreto 2A
What did unit A304 last sell for?
AED 450,000 on 22 March 2023: AED 774 per sqft for 581 sqft. The unit has 2 registered sales; the first was AED 849,300 in September 2014.
What is the rent for unit A304?
AED 60,000 a year on the contract signed on 30 July 2024.
How big is unit A304?
581 sqft (54.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A304 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 A304, Loreto 2A
Starts from the last sale price (AED 450K, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →