A308, Loreto 3A
Sold prices and rental history: sold once, by the developer in September 2014, 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 A308, Loreto 3A
What is A308 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 596 sqft
- Floor
- 3rd of 9
- Parking
- B-06
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,300 /yr
- Last sold
- AED 867K · September 2014
- Building
- Loreto 3A
About A308, Loreto 3A
A308 is a studio of 596 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 22 September 2014 for AED 867,350, or AED 1,455 per sqft, 3% below the AED 1,504 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 February 2025, is AED 47,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 6,300 a year.
Sales and rents for A308 over time
A308 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 A308 sits
All 23 studios →A308 last sold in September 2014 at AED 1,455 per sqft, 3% below what studios in Loreto 3A were fetching at the time (AED 1,504). 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 | |
| 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 | ||
| 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 |
A308, Loreto 3A in numbers
- Sold once: by DAMAC on 22 September 2014 for AED 867,350, or AED 1,455 per sqft.
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 47,000 by February 2025.
- At AED 47,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 6,300 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 February 2025.
Questions about A308, Loreto 3A
What did unit A308 last sell for?
AED 867,350 on 22 September 2014, sold by the developer: AED 1,455 per sqft for 596 sqft. It is the only registered sale of the unit.
What is the rent for unit A308?
AED 47,000 a year on the contract signed on 1 February 2025. The previous contract, from September 2021, was AED 32,000; the unit has been rented since July 2018.
How big is unit A308?
596 sqft (55.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A308 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 A308, Loreto 3A
Starts from the last sale price (AED 867K, 22 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 867,350
- Deposit, UAE resident (20%)
- AED 173,470
- Deposit, non-resident (40%)
- AED 346,940
- Monthly over 25 years at 3.7%
- AED 3,549
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →