A701, 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 A701, Loreto 3A
What is A701 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 7th of 9
- Parking
- LP1-12
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,600 /yr
- Last sold
- AED 600K · September 2014
- Building
- Loreto 3A
About A701, Loreto 3A
A701 is a studio of 428 sqft on the 7th 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 600,400, or AED 1,402 per sqft, 7% 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, renewed on 25 March 2025, is AED 35,805 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 4,600 a year.
Sales and rents for A701 over time
A701 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 A701 sits
All 23 studios →A701 last sold in September 2014 at AED 1,402 per sqft, 7% 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 7th floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701A | 1-bed | 1,394 sqft | AED 1.38MAED 1,378,000 · Jul 2023July 2023 | 60,000 /yr | |
| A702 | 2-bed | 2,001 sqft | AED 1.62MAED 1,620,000 · Oct 2022October 2022 | ||
| A702A | Studio | 333 sqft | AED 534KAED 533,900 · Aug 2014August 2014 | 42,000 /yr | |
| A703 | Studio | 227 sqft | AED 350KAED 350,000 · Mar 2019March 2019 | 39,000 /yr | |
| A704 | 2-bed | 1,617 sqft | AED 1.52MAED 1,523,000 · Mar 2023March 2023 | 84,000 /yr | |
| A705 | 1-bed | 850 sqft | AED 1.18MAED 1,181,800 · Aug 2014August 2014 | 80,000 /yr | |
| A706 | 1-bed | 885 sqft | AED 1.27MAED 1,273,950 · Nov 2014November 2014 | 54,454 /yr | |
| A707 | 1-bed | 843 sqft | AED 1.17MAED 1,173,250 · Dec 2014December 2014 | 52,800 /yr | |
| A708 | 2-bed | 1,556 sqft | AED 1.32MAED 1,319,878 · Jul 2021July 2021 | 150,000 /yr | |
| A709 | 1-bed | 777 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 57,750 /yr |
A701, Loreto 3A in numbers
- Sold once: by DAMAC on 22 September 2014 for AED 600,400, or AED 1,402 per sqft.
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 31,000 in 2023 and recovered to AED 35,805 by March 2025.
- At AED 35,805 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 4,600 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: Dubai Land Department. Updated 25 March 2025.
Questions about A701, Loreto 3A
What did unit A701 last sell for?
AED 600,400 on 22 September 2014, sold by the developer: AED 1,402 per sqft for 428 sqft. It is the only registered sale of the unit.
What is the rent for unit A701?
AED 35,805 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 34,100; the unit has been rented since August 2018.
How big is unit A701?
428 sqft (39.8 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit A701 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 A701, Loreto 3A
Starts from the last sale price (AED 600K, 22 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 600,400
- Deposit, UAE resident (20%)
- AED 120,080
- Deposit, non-resident (40%)
- AED 240,160
- Monthly over 25 years at 3.7%
- AED 2,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →