Studio · 486 sqftLoreto 3A, Damac Hills · 8th floor · completed 2017

A803, Loreto 3A

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

Unit A803 · DLD and Ejari recordsUpdated 20 October 2019
Last soldAED 660K22 September 2014
Current rentAED 35K /yr20 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A803, Loreto 3A

What is A803 worth today?

Last sold for AED 660,250 in 2014

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20 Oct 2019RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
20 Oct 2018RentedNew contract
AED 37,000/yr12 months · AED 76 per sqft
22 Sep 2014Sold by developerOff-plan
AED 660,250AED 1,357 per sqft

Source: Dubai Land Department. Updated 20 October 2019.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
UP1-31
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 660K · September 2014
Building
Loreto 3A

About A803, Loreto 3A

A803 is a studio of 486 sqft on the 8th 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 660,250, or AED 1,357 per sqft, 10% below the AED 1,504 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 20 October 2019, is AED 35,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for A803 over time

Sales
Unit A803, each saleTypical studio in Loreto 3A
600K800K2014201720202023Typical sale price by year: 2014 AED 660,250; 2015 AED 773,300; 2023 AED 535,000; 2024 AED 507,500Sold by developer, September 2014: AED 660,250 (AED 1,357 per sqft)

A803 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A803, each contractTypical studio in Loreto 3A
30K35K40K20182020202220242026Typical rent by year: 2018 AED 39,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 30,400; 2022 AED 30,000; 2023 AED 35,700; 2024 AED 38,000; 2025 AED 40,000New contract, October 2018: AED 37,000 a yearRenewal, October 2019: AED 35,000 a year

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 A803 sits

All 23 studios →

A803 last sold in September 2014 at AED 1,357 per sqft, 10% 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 salesUnit no.Price (AED)Summary
28 Jan 2026545,000
22 Apr 2025590,000
21 Oct 2024455,000
8 May 2024300,000
1 studio sale 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 8th floor

All 82 units in Loreto 3A
Value
A801StudioAED 600K · Aug 2014
A801A1-bedAED 800K · Sep 2018
A8022-bedAED 2.36M · Sep 2014
A802AStudioAED 534K · Sep 2014
A8042-bedAED 1.29M · Mar 2021
A8051-bedAED 1.18M · Aug 2014
A8061-bedAED 908K · Jul 2022
1–7 of 10

A803, Loreto 3A in numbers

  • Sold once: by DAMAC on 22 September 2014 for AED 660,250, or AED 1,357 per sqft.
  • Rented since October 2018 on 2 Ejari contracts, from AED 37,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 5,200 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 20 October 2019.

Questions about A803, Loreto 3A

What did unit A803 last sell for?

AED 660,250 on 22 September 2014, sold by the developer: AED 1,357 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit A803?

AED 35,000 a year on the contract renewed on 20 October 2019. The previous contract, from October 2018, was AED 37,000.

How big is unit A803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit A803 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 A803, Loreto 3A

Starts from the last sale price (AED 660K, 22 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 660,250
Deposit, UAE resident (20%)
AED 132,050
Deposit, non-resident (40%)
AED 264,100
Monthly over 25 years at 3.7%
AED 2,701

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