A505, Loreto 3A
Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A505, Loreto 3A
What is A505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 525 sqft
- Floor
- 5th of 9
- Parking
- G-11
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 570K · March 2024
- Building
- Loreto 3A
About A505, Loreto 3A
A505 is a studio of 525 sqft on the 5th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 20 March 2024 for AED 570,000, or AED 1,085 per sqft, in line with the AED 1,083 studios in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 19 October 2023, is AED 70,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 5,600 a year.
Sales and rents for A505 over time
A505 has sold 3 times; 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 A505 sits
All 23 studios →A505 last sold in March 2024 at AED 1,085 per sqft, in line with what studios in Loreto 3A were fetching at the time (AED 1,083). 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 5th floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 1,702 sqft | AED 1.4MAED 1,400,000 · Jul 2022July 2022 | 85,000 /yr | ||
| A502 | 2-bed | 1,513 sqft | AED 1.8MAED 1,795,000 · Aug 2024August 2024 | 106,000 /yr | |
| A502A | Studio | 321 sqft | AED 455KAED 455,000 · Oct 2024October 2024 | 40,000 /yr | |
| A503 | 1-bed | 801 sqft | AED 950KAED 950,000 · Feb 2024February 2024 | 38,000 /yr | |
| A504 | Studio | 495 sqft | AED 535KAED 535,000 · Aug 2023August 2023 | 45,000 /yr | |
| A506 | Studio | 526 sqft | AED 773KAED 773,300 · Jan 2015January 2015 | ||
| A507 | 1-bed | 837 sqft | AED 1.02MAED 1,017,000 · Apr 2017April 2017 | 78,000 /yr | |
| A508 | 1-bed | 886 sqft | AED 1.26MAED 1,264,450 · Aug 2014August 2014 | 90,000 /yr | |
| A509 | 1-bed | 852 sqft | AED 1.16MAED 1,160,000 · Jan 2026January 2026 | 80,000 /yr | |
| A510 | 1-bed | 1,021 sqft | AED 1.19MAED 1,191,000 · May 2017May 2017 | 95,000 /yr | |
| A511 | 2-bed | 1,495 sqft | AED 1.79MAED 1,792,000 · Nov 2017November 2017 | 150,000 /yr | |
| A512 | Studio | 430 sqft | AED 673KAED 672,600 · Aug 2014August 2014 | 37,800 /yr |
A505, Loreto 3A in numbers
- Sold 3 times: first on 21 December 2014 for AED 787,550, last on 20 March 2024 for AED 570,000 (AED 1,085 per sqft).
- Rented since July 2018 on 2 Ejari contracts, from AED 42,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 12.3%, before a service charge of about AED 5,600 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: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.
Questions about A505, Loreto 3A
What did unit A505 last sell for?
AED 570,000 on 20 March 2024: AED 1,085 per sqft for 525 sqft. The unit has 3 registered sales; the first was AED 787,550 in December 2014.
What is the rent for unit A505?
AED 70,000 a year on the contract signed on 19 October 2023. The previous contract, from July 2018, was AED 42,000.
How big is unit A505?
525 sqft (48.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit A505 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.
Selling A505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on A505, Loreto 3A
Starts from the last sale price (AED 570K, 20 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →