A703, Loreto 3A
Sold prices and rental history: sold twice, last in March 2019, 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 A703, Loreto 3A
What is A703 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 227 sqft
- Floor
- 7th of 9
- Parking
- UP1-19
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 2,400 /yr
- Last sold
- AED 350K · March 2019
- Building
- Loreto 3A
About A703, Loreto 3A
A703 is a studio of 227 sqft on the 7th floor of Loreto 3A, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 March 2019 for AED 350,000, or AED 1,539 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 39,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 2,400 a year.
Sales and rents for A703 over time
A703 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 A703 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 7th floor
All 82 units in Loreto 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | Studio | 428 sqft | AED 600KAED 600,400 · Sep 2014September 2014 | 35,805 /yr | |
| 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 | |
| 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 |
A703, Loreto 3A in numbers
- Sold twice: first on 24 September 2014 for AED 660,250, last on 28 March 2019 for AED 350,000 (AED 1,539 per sqft).
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2022 and recovered to AED 39,000 by October 2024.
- At AED 39,000 a year the gross yield on the 2019 price is 11.1%, before a service charge of about AED 2,400 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 October 2024.
Questions about A703, Loreto 3A
What did unit A703 last sell for?
AED 350,000 on 28 March 2019: AED 1,539 per sqft for 227 sqft. The unit has 2 registered sales; the first was AED 660,250 in September 2014.
What is the rent for unit A703?
AED 39,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 35,000; the unit has been rented since September 2018.
How big is unit A703?
227 sqft (21.1 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit A703 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 A703, Loreto 3A
Starts from the last sale price (AED 350K, 28 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →