A304, Loreto 3A
Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A304, Loreto 3A
What is A304 worth today?
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Source: Dubai Land Department. Updated 1 May 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 616K · July 2023
- Building
- Loreto 3A
About A304, Loreto 3A
A304 is a studio of 581 sqft on the 3rd floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 5 July 2023 for AED 616,000, or AED 1,059 per sqft.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 May 2024, is AED 47,000 a year: a gross yield of 7.6% 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 once; 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 3A, and where A304 sits
All 23 studios →Over the last 12 months studios sold for AED 545,000, around AED 1,697 per sqft, and rent for AED 78,000 to 78,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 321 sqft | 545,000 | 1,697 | ||
| 22 Apr 202522 April 2025 | 454 sqft | 590,000 | 1,298 | ||
| 21 Oct 202421 October 2024 | 321 sqft | 455,000 | 1,418 | ||
| 8 May 20248 May 2024 | 454 sqft | 300,000 | 660 |
Loreto 3A
Building82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,500
- Typical sale
- AED 1.33M
- Typical rent
- AED 79K /yr
- Typical yield
- 6.3%
Other units on the 3rd floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 2-bed | 1,917 sqft | AED 1.65MAED 1,652,000 · Apr 2022April 2022 | ||
| A302 | 3-bed | 3,653 sqft | AED 3.12MAED 3,123,000 · May 2024May 2024 | 100,000 /yr | |
| A303 | 1-bed | 1,314 sqft | AED 1.28MAED 1,283,800 · Oct 2023October 2023 | 60,000 /yr | |
| A306 | Studio | 580 sqft | AED 460KAED 460,000 · Oct 2018October 2018 | 45,000 /yr | |
| A307 | 867 sqft | AED 1.08MAED 1,080,000 · Aug 2025August 2025 | 63,000 /yr | ||
| A308 | Studio | 596 sqft | AED 867KAED 867,350 · Sep 2014September 2014 | 47,000 /yr | |
| A309 | 1-bed | 982 sqft | AED 1.07MAED 1,073,000 · Mar 2024March 2024 | 85,000 /yr | |
| A310 | 2-bed | 1,477 sqft | AED 1.65MAED 1,650,000 · Apr 2024April 2024 | 140,000 /yr | |
| A311 | Studio | 430 sqft | AED 400KAED 400,000 · Apr 2022April 2022 | 60,000 /yr |
A304, Loreto 3A in numbers
- Sold once: by DAMAC on 5 July 2023 for AED 616,000, or AED 1,059 per sqft.
- Rented since August 2018 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2020 and recovered to AED 47,000 by May 2024.
- At AED 47,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).
- Studios in Loreto 3A sold for AED 545,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 1,500 per sqft.
Source: Dubai Land Department. Updated 1 May 2024.
Questions about A304, Loreto 3A
What did unit A304 last sell for?
AED 616,000 on 5 July 2023, sold by the developer: AED 1,059 per sqft for 581 sqft. It is the only registered sale of the unit.
What is the rent for unit A304?
AED 47,000 a year on the contract signed on 1 May 2024. The previous contract, from April 2020, was AED 30,000; the unit has been rented since August 2018.
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. Studios in Loreto 3A sold for AED 545,000 to 545,000 in the last 12 months, around AED 1,697 per sqft.
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Mortgage on A304, Loreto 3A
Starts from the last sale price (AED 616K, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 616,000
- Deposit, UAE resident (20%)
- AED 123,200
- Deposit, non-resident (40%)
- AED 246,400
- Monthly over 25 years at 3.7%
- AED 2,520
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →