B308, Loreto 3B
Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B308, Loreto 3B
What is B308 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 596 sqft
- Floor
- 3rd of 9
- Parking
- T6-B-19
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,300 /yr
- Last sold
- AED 640K · November 2025
- Building
- Loreto 3B
About B308, Loreto 3B
B308 is a studio of 596 sqft on the 3rd floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 11 November 2025 for AED 640,000, or AED 1,073 per sqft, 13% below the AED 1,235 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 55,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 6,300 a year.
Sales and rents for B308 over time
B308 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 3B, and where B308 sits
All 25 studios →B308 last sold in November 2025 at AED 1,073 per sqft, 13% below what studios in Loreto 3B were fetching at the time (AED 1,235). Over the last 12 months studios sold for AED 605,000 to 640,000, around AED 1,108 per sqft, and rent for AED 35,000 to 60,000 a year. B308's AED 55,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 530 sqft | 605,000 | 1,142 | ||
| 27 May 202527 May 2025 | 592 sqft | 800,000 | 1,350 | ||
| 17 Apr 202517 April 2025 | 333 sqft | 540,000 | 1,620 | ||
| 21 Nov 202421 November 2024 | 500 sqft | 560,000 | 1,119 |
Loreto 3B
Building84 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%
Other units on the 3rd floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B301 | 2-bed | 1,917 sqft | AED 1.65MAED 1,652,000 · Mar 2022March 2022 | ||
| B302 | 3-bed | 3,653 sqft | AED 3.57MAED 3,567,000 · Jul 2024July 2024 | 158,000 /yr | |
| B303 | 1-bed | 1,314 sqft | AED 1.22MAED 1,222,000 · Jul 2018July 2018 | 80,000 /yr | |
| B304 | Studio | 581 sqft | AED 420KAED 420,000 · May 2022May 2022 | 53,000 /yr | |
| B305 | Studio | 592 sqft | AED 800KAED 800,000 · May 2025May 2025 | 50,000 /yr | |
| B306 | Studio | 580 sqft | AED 796KAED 796,000 · Jun 2017June 2017 | 37,200 /yr | |
| B307 | 1-bed | 867 sqft | AED 1.01MAED 1,007,000 · May 2017May 2017 | 81,000 /yr | |
| B309 | 1-bed | 982 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 77,000 /yr | |
| B310 | 2-bed | 1,477 sqft | AED 1.6MAED 1,600,000 · Jul 2026July 2026 | 85,000 /yr | |
| B311 | Studio | 430 sqft | AED 515KAED 515,000 · Aug 2024August 2024 | 24,000 /yr |
B308, Loreto 3B in numbers
- Sold twice: first on 5 November 2014 for AED 899,650, last on 11 November 2025 for AED 640,000 (AED 1,073 per sqft).
- Rented since August 2020 on 8 Ejari contracts, from AED 32,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 6,300 a year (AED 10.63 per sqft).
- Studios in Loreto 3B sold for AED 605,000–640,000 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 15 October 2026.
Questions about B308, Loreto 3B
What did unit B308 last sell for?
AED 640,000 on 11 November 2025: AED 1,073 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 899,650 in November 2014.
What is the rent for unit B308?
AED 55,000 a year on the contract signed on 15 October 2026. The previous contract, from February 2026, was AED 60,000; the unit has been rented since August 2020.
How big is unit B308?
596 sqft (55.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 3B sold for AED 605,000 to 640,000 in the last 12 months, around AED 1,108 per sqft.
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Mortgage on B308, Loreto 3B
Starts from the last sale price (AED 640K, 11 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →