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2-bed · 1,917 sqftLoreto 3B, Damac Hills · 3rd floor · completed 2017

B301, Loreto 3B

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B301 · DLD and Ejari recordsUpdated 28 March 2022
Last soldAED 1.65M28 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B301, Loreto 3B

What is B301 worth today?

Last sold for AED 1,652,000 in 2022

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28 Mar 2022Sold by developerReady
AED 1,652,000AED 861 per sqft

Source: Dubai Land Department. Updated 28 March 2022.

Key facts

Type
2-bed apartment
Size
1,917 sqft
Floor
3rd of 9
Parking
P2-25
Developer
DAMAC
Completed
2017
Service charge
AED 20,400 /yr
Last sold
AED 1.65M · March 2022
Building
Loreto 3B

About B301, Loreto 3B

B301 is a two-bedroom apartment of 1,917 sqft on the 3rd floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 28 March 2022 for AED 1,652,000, or AED 861 per sqft, in line with the AED 861 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B301 over time

Sales
Unit B301, each saleTypical two-bed in Loreto 3B
1.6M1.8M20172019202120232025Typical sale price by year: 2017 AED 1,740,522; 2021 AED 1,526,500; 2022 AED 1,607,000; 2024 AED 1,820,000Sold by developer, March 2022: AED 1,652,000 (AED 861 per sqft)

B301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B301, each contractTypical two-bed in Loreto 3B
75K100K125K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 82,000; 2020 AED 82,000; 2021 AED 83,000; 2022 AED 85,000; 2023 AED 85,000; 2024 AED 117,206; 2025 AED 125,000; 2026 AED 117,500

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

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

All 19 2-beds →

B301 last sold in March 2022 at AED 861 per sqft, in line with what two-beds in Loreto 3B were fetching at the time (AED 861). Over the last 12 months two-beds sold for AED 1,600,000 to 2,800,000, around AED 1,120 per sqft, and rent for AED 100,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,600,000
11 Dec 20252,800,000
25 Nov 20241,820,000
17 Sep 20242,100,000
2 2-bed sales in the last 12 months

Loreto 3B

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 1,156
Typical sale
AED 1.25M
Typical rent
AED 74K /yr
Typical yield
7.8%
Loreto 3B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 3B
Value
B3023-bedAED 3.57M · Jul 2024
B3031-bedAED 1.22M · Jul 2018
B304StudioAED 420K · May 2022
B305StudioAED 800K · May 2025
B306StudioAED 796K · Jun 2017
B3071-bedAED 1.01M · May 2017
B308StudioAED 640K · Nov 2025
1–7 of 10

B301, Loreto 3B in numbers

  • Sold once: by DAMAC on 28 March 2022 for AED 1,652,000, or AED 861 per sqft.
  • Two-beds in Loreto 3B sold for AED 1,600,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.

Source: Dubai Land Department. Updated 28 March 2022.

Questions about B301, Loreto 3B

What did unit B301 last sell for?

AED 1,652,000 on 28 March 2022, sold by the developer: AED 861 per sqft for 1,917 sqft. It is the only registered sale of the unit.

How big is unit B301?

1,917 sqft (178.1 sqm): a two-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. Two-beds in Loreto 3B sold for AED 1,600,000 to 2,800,000 in the last 12 months, around AED 1,120 per sqft.

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Mortgage on B301, Loreto 3B

Starts from the last sale price (AED 1.65M, 28 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,652,000
Deposit, UAE resident (20%)
AED 330,400
Deposit, non-resident (40%)
AED 660,800
Monthly over 25 years at 3.7%
AED 6,759

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