B311, Loreto 3B
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B311, Loreto 3B
What is B311 worth today?
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Source: Dubai Land Department. Updated 29 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Floor
- 3rd of 9
- Parking
- T6-B-21
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,600 /yr
- Last sold
- AED 515K · August 2024
- Building
- Loreto 3B
About B311, Loreto 3B
B311 is a studio of 430 sqft on the 3rd floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 29 August 2024 for AED 515,000, or AED 1,197 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 5 September 2022, is AED 24,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 4,600 a year.
Sales and rents for B311 over time
B311 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 B311 sits
All 25 studios →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. B311's AED 24,000 is at the bottom 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 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 640,000 | 1,073 | ||
| 27 May 202527 May 2025 | 592 sqft | 800,000 | 1,350 | ||
| 17 Apr 202517 April 2025 | 333 sqft | 540,000 | 1,620 |
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 | |
| B308 | Studio | 596 sqft | AED 640KAED 640,000 · Nov 2025November 2025 | 55,000 /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, Loreto 3B in numbers
- Sold twice: first on 28 January 2015 for AED 679,250, last on 29 August 2024 for AED 515,000 (AED 1,197 per sqft).
- Rented since May 2018 on 4 Ejari contracts, from AED 38,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 4,600 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 29 August 2024.
Questions about B311, Loreto 3B
What did unit B311 last sell for?
AED 515,000 on 29 August 2024: AED 1,197 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 679,250 in January 2015.
What is the rent for unit B311?
AED 24,000 a year on the contract renewed on 5 September 2022. The previous contract, from September 2021, was AED 24,000; the unit has been rented since May 2018.
How big is unit B311?
430 sqft (39.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B311 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 B311, Loreto 3B
Starts from the last sale price (AED 515K, 29 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →