1-bed · 777 sqftLoreto 2A, Damac Hills · 7th floor · completed 2017

A709, Loreto 2A

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A709 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.1M21 December 2014
Current rentAED 70K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A709, Loreto 2A

What is A709 worth today?

Last sold for AED 1,098,200 in 2014

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15 Apr 2025RentedRenewal
AED 70,000/yr12 months · AED 90 per sqft
15 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
10 Apr 2023RentedRenewal
AED 52,500/yr12 months · AED 68 per sqft
10 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
5 Apr 2021RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
5 Apr 2020RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
17 Oct 2018RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft
21 Dec 2014Sold by developerOff-plan
AED 1,098,200AED 1,412 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
7th of 9
Parking
UP1-26
Developer
DAMAC
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 1.1M · December 2014
Building
Loreto 2A

About A709, Loreto 2A

A709 is a one-bedroom apartment of 777 sqft on the 7th floor of Loreto 2A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 21 December 2014 for AED 1,098,200, or AED 1,412 per sqft, 7% above the AED 1,316 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 70,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 8,300 a year.

Sales and rents for A709 over time

Sales
Unit A709, each saleTypical one-bed in Loreto 2A
1M20142017202020232026Typical sale price by year: 2014 AED 1,123,850; 2015 AED 1,288,475; 2017 AED 982,345; 2018 AED 1,026,500; 2021 AED 635,000; 2022 AED 1,050,000; 2023 AED 750,000; 2025 AED 1,050,000Sold by developer, December 2014: AED 1,098,200 (AED 1,412 per sqft)

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

Rents
Unit A709, each contractTypical one-bed in Loreto 2A
40K60K80K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 84,500; 2026 AED 85,000New contract, October 2018: AED 52,000 a yearNew contract, April 2020: AED 48,000 a yearRenewal, April 2021: AED 46,000 a yearNew contract, April 2022: AED 50,000 a yearRenewal, April 2023: AED 52,500 a yearNew contract, April 2024: AED 70,000 a yearRenewal, April 2025: AED 70,000 a year

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 A709 sits

All 34 1-beds →

A709 last sold in December 2014 at AED 1,412 per sqft, 7% above what one-beds in Loreto 2A were fetching at the time (AED 1,316). 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. A709's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 20261,180,000
2 Jul 20251,100,000
16 Apr 20251,000,000
9 Apr 20251,020,000
1 1-bed sale 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 7th floor

All 83 units in Loreto 2A
Value
A701StudioAED 600K · Aug 2014
A701A1-bedAED 1.45M · Sep 2023
A7022-bedAED 2.1M · Apr 2023
A702AStudioAED 460K · Jul 2024
A703StudioAED 660K · Aug 2014
A7042-bedAED 1.73M · Jun 2022
A7051-bedAED 1.09M · Nov 2014
1–7 of 10

A709, Loreto 2A in numbers

  • Sold once: by DAMAC on 21 December 2014 for AED 1,098,200, or AED 1,412 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 46,000 in 2021 and recovered to AED 70,000 by April 2025.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 8,300 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 15 April 2025.

Questions about A709, Loreto 2A

What did unit A709 last sell for?

AED 1,098,200 on 21 December 2014, sold by the developer: AED 1,412 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit A709?

AED 70,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 70,000; the unit has been rented since October 2018.

How big is unit A709?

777 sqft (72.2 sqm): a one-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. 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 A709, Loreto 2A

Starts from the last sale price (AED 1.1M, 21 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,098,200
Deposit, UAE resident (20%)
AED 219,640
Deposit, non-resident (40%)
AED 439,280
Monthly over 25 years at 3.7%
AED 4,493

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