1-bed · 850 sqftLoreto 3A, Damac Hills · 7th floor · completed 2017

A705, Loreto 3A

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A705 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.18M24 August 2014
Current rentAED 80K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A705, Loreto 3A

What is A705 worth today?

Last sold for AED 1,181,800 in 2014

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1 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
5 Sep 2021RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
2 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 51 per sqft
20 Jul 2019RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
20 Jul 2018RentedNew contract
AED 66,000/yr12 months · AED 78 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,181,800AED 1,389 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
7th of 9
Parking
UP1-21
Developer
DAMAC
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 1.18M · August 2014
Building
Loreto 3A

About A705, Loreto 3A

A705 is a one-bedroom apartment of 850 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 24 August 2014 for AED 1,181,800, or AED 1,389 per sqft, in line with the AED 1,389 one-beds 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 March 2025, is AED 80,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 9,000 a year.

Sales and rents for A705 over time

Sales
Unit A705, each saleTypical one-bed in Loreto 3A
1M1.2M1.4M2014201820222026Typical sale price by year: 2014 AED 1,177,525; 2015 AED 1,097,250; 2017 AED 1,064,000; 2022 AED 908,000; 2023 AED 1,283,800; 2024 AED 950,000; 2025 AED 1,100,000; 2026 AED 1,325,000Sold by developer, August 2014: AED 1,181,800 (AED 1,389 per sqft)

A705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A705, each contractTypical one-bed in Loreto 3A
40K60K80K20182020202220242026Typical rent by year: 2018 AED 63,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 47,625; 2022 AED 52,000; 2023 AED 54,311; 2024 AED 63,000; 2025 AED 76,500New contract, July 2018: AED 66,000 a yearRenewal, July 2019: AED 60,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, September 2021: AED 42,000 a yearNew contract, March 2025: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Loreto 3A, and where A705 sits

All 35 1-beds →

A705 last sold in August 2014 at AED 1,389 per sqft, in line with what one-beds in Loreto 3A were fetching at the time (AED 1,389). Over the last 12 months one-beds sold for AED 1,160,000 to 1,500,000, around AED 1,500 per sqft, and rent for AED 75,000 to 95,000 a year. A705's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,325,000
6 Jan 20261,500,000
5 Jan 20261,160,000
28 Apr 20251,050,000
3 1-bed sales in the last 12 months

Loreto 3A

Building

82 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%
Loreto 3A, Damac Hills: prices, sales and rents →

Other units on the 7th floor

All 82 units in Loreto 3A
Value
A701StudioAED 600K · Sep 2014
A701A1-bedAED 1.38M · Jul 2023
A7022-bedAED 1.62M · Oct 2022
A702AStudioAED 534K · Aug 2014
A703StudioAED 350K · Mar 2019
A7042-bedAED 1.52M · Mar 2023
A7061-bedAED 1.27M · Nov 2014
1–7 of 10

A705, Loreto 3A in numbers

  • Sold once: by DAMAC on 24 August 2014 for AED 1,181,800, or AED 1,389 per sqft.
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 66,000 to AED 42,000 in 2021 and recovered to AED 80,000 by March 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 9,000 a year (AED 10.63 per sqft).
  • One-beds in Loreto 3A sold for AED 1,160,000–1,500,000 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 March 2025.

Questions about A705, Loreto 3A

What did unit A705 last sell for?

AED 1,181,800 on 24 August 2014, sold by the developer: AED 1,389 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit A705?

AED 80,000 a year on the contract signed on 1 March 2025. The previous contract, from September 2021, was AED 42,000; the unit has been rented since July 2018.

How big is unit A705?

850 sqft (79.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit A705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 3A sold for AED 1,160,000 to 1,500,000 in the last 12 months, around AED 1,500 per sqft.

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Mortgage on A705, Loreto 3A

Starts from the last sale price (AED 1.18M, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,181,800
Deposit, UAE resident (20%)
AED 236,360
Deposit, non-resident (40%)
AED 472,720
Monthly over 25 years at 3.7%
AED 4,835

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →