A508, Loreto 2A
Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A508, Loreto 2A
What is A508 worth today?
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Source: Dubai Land Department. Updated 9 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 5th of 9
- Parking
- T3-G-29
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.02M · April 2025
- Building
- Loreto 2A
About A508, Loreto 2A
A508 is a one-bedroom apartment of 886 sqft on the 5th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 April 2025 for AED 1,020,000, or AED 1,150 per sqft, in line with the AED 1,150 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 53,810 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 9,400 a year.
Sales and rents for A508 over time
A508 has sold twice; 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 2A, and where A508 sits
All 34 1-beds →A508 last sold in April 2025 at AED 1,150 per sqft, in line with what one-beds in Loreto 2A were fetching at the time (AED 1,150). Over the last 12 months one-beds sold for AED 1,180,000, around AED 1,399 per sqft, and rent for AED 70,000 to 90,000 a year. A508's AED 53,810 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 843 sqft | 1,180,000 | 1,399 | ||
| 2 Jul 20252 July 2025 | 777 sqft | 1,100,000 | 1,415 | ||
| 16 Apr 202516 April 2025 | 883 sqft | 1,000,000 | 1,132 | ||
| 6 Feb 20256 February 2025 | 884 sqft | 1,000,000 | 1,131 |
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 5th floor
All 83 units in Loreto 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 2-bed | 1,702 sqft | AED 2.43MAED 2,432,950 · Aug 2014August 2014 | 110,000 /yr | |
| A502A | Studio | 321 sqft | AED 450KAED 450,000 · Oct 2024October 2024 | 44,555 /yr | |
| A503 | 1-bed | 801 sqft | AED 980KAED 980,400 · Sep 2014September 2014 | 70,000 /yr | |
| A504 | Studio | 495 sqft | AED 755KAED 755,250 · Nov 2014November 2014 | 36,960 /yr | |
| A505 | 525 sqft | AED 635KAED 635,000 · Sep 2025September 2025 | 54,000 /yr | ||
| A506 | Studio | 526 sqft | AED 723KAED 723,000 · Feb 2018February 2018 | 50,000 /yr | |
| A507 | 1-bed | 837 sqft | AED 670KAED 670,000 · Jan 2022January 2022 | 90,000 /yr | |
| A509 | 1-bed | 852 sqft | AED 966KAED 965,972 · Sep 2024September 2024 | 84,000 /yr | |
| A510 | 1-bed | 1,021 sqft | AED 1.41MAED 1,406,950 · Mar 2015March 2015 | 85,000 /yr | |
| A511 | 2-bed | 1,495 sqft | AED 1.27MAED 1,268,031 · Jul 2021July 2021 | 150,000 /yr | |
| A512 | Studio | 430 sqft | AED 673KAED 672,600 · Aug 2014August 2014 | 51,000 /yr |
A508, Loreto 2A in numbers
- Sold twice: first on 21 September 2014 for AED 1,166,600, last on 9 April 2025 for AED 1,020,000 (AED 1,150 per sqft).
- Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 47,000 in 2021 and recovered to AED 53,810 by November 2023.
- At AED 53,810 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 9,400 a year (AED 10.63 per sqft).
- One-beds in Loreto 2A sold for AED 1,180,000–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,264 per sqft.
Source: Dubai Land Department. Updated 9 April 2025.
Questions about A508, Loreto 2A
What did unit A508 last sell for?
AED 1,020,000 on 9 April 2025: AED 1,150 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 1,166,600 in September 2014.
What is the rent for unit A508?
AED 53,810 a year on the contract renewed on 15 November 2023. The previous contract, from November 2021, was AED 47,000; the unit has been rented since November 2018.
How big is unit A508?
886 sqft (82.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit A508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 2A sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 1,399 per sqft.
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Mortgage on A508, Loreto 2A
Starts from the last sale price (AED 1.02M, 9 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →