A306, Loreto 3A
Sold prices and rental history: sold twice, last in October 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A306, Loreto 3A
What is A306 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 580 sqft
- Floor
- 3rd of 9
- Parking
- B-04
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,200 /yr
- Last sold
- AED 460K · October 2018
- Building
- Loreto 3A
About A306, Loreto 3A
A306 is a studio of 580 sqft on the 3rd floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 29 October 2018 for AED 460,000, or AED 793 per sqft.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 31 October 2024, is AED 45,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 6,200 a year.
Sales and rents for A306 over time
A306 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 3A, and where A306 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 | |
| A304 | Studio | 581 sqft | AED 616KAED 616,000 · Jul 2023July 2023 | 47,000 /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 |
A306, Loreto 3A in numbers
- Sold twice: first on 8 January 2015 for AED 870,200, last on 29 October 2018 for AED 460,000 (AED 793 per sqft).
- Rented since January 2019 on 2 Ejari contracts, from AED 40,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2018 price is 9.8%, 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 31 October 2024.
Questions about A306, Loreto 3A
What did unit A306 last sell for?
AED 460,000 on 29 October 2018: AED 793 per sqft for 580 sqft. The unit has 2 registered sales; the first was AED 870,200 in January 2015.
What is the rent for unit A306?
AED 45,000 a year on the contract signed on 31 October 2024. The previous contract, from January 2019, was AED 40,000.
How big is unit A306?
580 sqft (53.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A306 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 A306, Loreto 3A
Starts from the last sale price (AED 460K, 29 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →