3-bed · 3,211 sqftLoreto 1B, Damac Hills · 3rd floor · completed 2017

B301, Loreto 1B

Sold prices and rental history: sold 3 times, last in May 2025, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B301 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 3.45M16 May 2025
Current rentAED 200K /yr19 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B301, Loreto 1B

What is B301 worth today?

Last sold for AED 3,450,000 in 2025

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19 Aug 2025RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
16 May 2025SoldReady
AED 3,450,000AED 1,074 per sqft
30 Jul 2024SoldReady
AED 2,473,000AED 770 per sqft
18 Dec 2019Sold by developerReady
AED 2,376,995AED 740 per sqft

Source: Dubai Land Department. Updated 19 August 2025.

Key facts

Type
3-bed apartment
Size
3,211 sqft
Floor
3rd of 9
Parking
T2-LP1-27 , T2-LP1-27A
Developer
DAMAC
Completed
2017
Service charge
AED 44,400 /yr
Last sold
AED 3.45M · May 2025
Building
Loreto 1B

About B301, Loreto 1B

B301 is a three-bedroom apartment of 3,211 sqft on the 3rd floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 16 May 2025 for AED 3,450,000, or AED 1,074 per sqft, in line with the AED 1,074 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 August 2025. The current contract, signed on 19 August 2025, is AED 200,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 44,400 a year.

Sales and rents for B301 over time

Sales
Unit B301, each saleTypical three-bed in Loreto 1B
2M3M2019202120232025Typical sale price by year: 2019 AED 1,800,000; 2020 AED 2,200,000Sold by developer, December 2019: AED 2,376,995 (AED 740 per sqft)Sold, July 2024: AED 2,473,000 (AED 770 per sqft)Sold, May 2025: AED 3,450,000 (AED 1,074 per sqft)

B301 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit B301, each contractTypical three-bed in Loreto 1B
100K150K200K2020202220242026Typical rent by year: 2020 AED 110,000; 2021 AED 115,500; 2023 AED 143,000; 2024 AED 151,000; 2025 AED 185,000; 2026 AED 170,000New contract, August 2025: AED 200,000 a year

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

3-beds in Loreto 1B, and where B301 sits

All 9 3-beds →

B301 last sold in May 2025 at AED 1,074 per sqft, in line with what three-beds in Loreto 1B were fetching at the time (AED 1,074). B301's AED 200,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 20242,260,000
6 Dec 20221,231,200
24 Oct 20211,562,000
29 Jun 20211,513,000
0 3-bed sales in the last 12 months

Loreto 1B

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,342
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
6.9%
Loreto 1B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 1B
Value
B3021-bedAED 1M · Nov 2019
B303StudioAED 715K · Jan 2026
B304StudioAED 768K · Jan 2023
B305StudioAED 770K · May 2023
B3061-bedAED 1M · Mar 2020
B307StudioAED 750K · Aug 2023
B3081-bedAED 1.3M · Nov 2025
1–7 of 11

B301, Loreto 1B in numbers

  • Sold 3 times: first on 18 December 2019 for AED 2,376,995, last on 16 May 2025 for AED 3,450,000 (AED 1,074 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2025 price is 5.8%, before a service charge of about AED 44,400 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 19 August 2025.

Questions about B301, Loreto 1B

What did unit B301 last sell for?

AED 3,450,000 on 16 May 2025: AED 1,074 per sqft for 3,211 sqft. The unit has 3 registered sales; the first was AED 2,376,995 in December 2019.

What is the rent for unit B301?

AED 200,000 a year on the contract signed on 19 August 2025.

How big is unit B301?

3,211 sqft (298.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B301, Loreto 1B

Starts from the last sale price (AED 3.45M, 16 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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