Studio · 454 sqftLoreto 2A, Damac Hills · 4th floor · completed 2017

A412, Loreto 2A

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A412 · DLD and Ejari recordsUpdated 5 June 2025
Last soldAED 734K1 October 2014
Current rentAED 45K /yr5 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A412, Loreto 2A

What is A412 worth today?

Last sold for AED 734,350 in 2014

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5 Jun 2025RentedNew contract
AED 45,000/yr12 months · AED 99 per sqft
6 Nov 2024RentedRenewal
AED 46,000/yr12 months · AED 101 per sqft
6 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
1 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
1 Apr 2019RentedNew contract
AED 36,000/yr12 months · AED 79 per sqft
1 Oct 2014Sold by developerOff-plan
AED 734,350AED 1,615 per sqft

Source: Dubai Land Department. Updated 5 June 2025.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
4th of 9
Parking
G-6
Developer
DAMAC
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 734K · October 2014
Building
Loreto 2A

About A412, Loreto 2A

A412 is a studio of 454 sqft on the 4th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 1 October 2014 for AED 734,350, or AED 1,615 per sqft, 8% above the AED 1,498 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 June 2025, is AED 45,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 4,800 a year.

Sales and rents for A412 over time

Sales
Unit A412, each saleTypical studio in Loreto 2A
500K600K700K2014201720202023Typical sale price by year: 2014 AED 672,600; 2017 AED 719,000; 2018 AED 713,500; 2024 AED 530,000Sold by developer, October 2014: AED 734,350 (AED 1,615 per sqft)

A412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A412, each contractTypical studio in Loreto 2A
30K40K20182020202220242026Typical rent by year: 2018 AED 37,000; 2019 AED 34,900; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,500; 2024 AED 45,000; 2025 AED 45,000New contract, April 2019: AED 36,000 a yearNew contract, November 2022: AED 35,000 a yearNew contract, November 2023: AED 40,000 a yearRenewal, November 2024: AED 46,000 a yearNew contract, June 2025: AED 45,000 a year

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 A412 sits

All 24 studios →

A412 last sold in October 2014 at AED 1,615 per sqft, 8% above what studios in Loreto 2A were fetching at the time (AED 1,498). A412's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Dec 2024500,000
10 Oct 2024595,000
9 Oct 2024450,000
20 Aug 2024570,000
0 studio sales in the last 12 months

Loreto 2A

Building

83 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%
Loreto 2A, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 83 units in Loreto 2A
Value
A4012-bedAED 2.24M · Nov 2014
A4022-bedAED 1.32M · Mar 2021
A402AStudioAED 458K · Feb 2021
A4031-bedAED 1.1M · Sep 2014
A404StudioAED 755K · Dec 2014
A405StudioAED 731K · Nov 2017
A406StudioAED 719K · Nov 2017
1–7 of 12

A412, Loreto 2A in numbers

  • Sold once: by DAMAC on 1 October 2014 for AED 734,350, or AED 1,615 per sqft.
  • Rented since April 2019 on 5 Ejari contracts, from AED 36,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 4,800 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 5 June 2025.

Questions about A412, Loreto 2A

What did unit A412 last sell for?

AED 734,350 on 1 October 2014, sold by the developer: AED 1,615 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit A412?

AED 45,000 a year on the contract signed on 5 June 2025. The previous contract, from November 2024, was AED 46,000; the unit has been rented since April 2019.

How big is unit A412?

454 sqft (42.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit A412 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 A412, Loreto 2A

Starts from the last sale price (AED 734K, 1 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 734,350
Deposit, UAE resident (20%)
AED 146,870
Deposit, non-resident (40%)
AED 293,740
Monthly over 25 years at 3.7%
AED 3,004

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