2-bed · 1,625 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B402, Loreto 3B

Sold prices and rental history: sold once, by the developer in July 2021, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B402 · DLD and Ejari recordsUpdated 28 August 2021

Last soldAED 1.51M28 July 2021

Current rentAED 98K /yr28 August 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B402, Loreto 3B

Today

What is B402 worth today?

Last sold for AED 1,509,000 in 2021

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28 Aug 2021

28 Aug 2021RentedNew contract

AED 98,000/yr12 months · AED 60 per sqft

28 Jul 2021

28 Jul 2021Sold by developerReady

AED 1,509,000AED 928 per sqft

Source: Dubai Land Department. Updated 28 August 2021.

Key facts

Type: 2-bed apartment
Size: 1,625 sqft
Floor: 4th of 9
Parking: B-23
Developer: DAMAC
Completed: 2017
Service charge: AED 17,300 /yr
Last sold: AED 1.51M · July 2021
Building: Loreto 3B

About B402, Loreto 3B

B402 is a two-bedroom apartment of 1,625 sqft on the 4th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 28 July 2021 for AED 1,509,000, or AED 928 per sqft, 18% above the AED 785 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2021. The current contract, signed on 28 August 2021, is AED 98,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 17,300 a year.

Sales and rents for B402 over time

Sales

Unit B402, each saleTypical two-bed in Loreto 3B

B402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit B402, each contractTypical two-bed in Loreto 3B

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 B402 sits

All 19 2-beds →

2-beds in Loreto 3B · last 12 months1,120 /sqft Loreto 3B · all types1,156 /sqft

B402 last sold in July 2021 at AED 928 per sqft, 18% above what two-beds in Loreto 3B were fetching at the time (AED 785). 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. B402's AED 98,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
27 Jul 202627 July 2026	1,477 sqft	1,600,000	1,083
11 Dec 202511 December 2025	2,420 sqft	2,800,000	1,156
25 Nov 202425 November 2024	1,505 sqft	1,820,000	1,209
17 Sep 202417 September 2024	1,695 sqft	2,100,000	1,239

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 4th floor

All 84 units in Loreto 3B


B401	2-bed	1,457 sqft	AED 1.35MAED 1,346,000 · Apr 2022April 2022
B402A	Studio	321 sqft	AED 563KAED 563,350 · Aug 2014August 2014	43,000 /yr
B403	1-bed	808 sqft	AED 1.05MAED 1,050,000 · Jan 2015January 2015	70,000 /yr
B404	Studio	490 sqft	AED 728KAED 727,700 · Nov 2014November 2014	44,000 /yr
B405	Studio	530 sqft	AED 605KAED 605,000 · Jul 2026July 2026	37,595 /yr
B406	Studio	522 sqft	AED 722KAED 722,000 · Apr 2017April 2017	52,000 /yr
B407	1-bed	841 sqft	AED 1.07MAED 1,068,750 · Sep 2014September 2014	75,000 /yr
B408	1-bed	886 sqft	AED 1.17MAED 1,166,600 · Sep 2014September 2014	75,000 /yr
B409	1-bed	852 sqft	AED 1.12MAED 1,123,850 · Aug 2014August 2014	80,000 /yr
B410	1-bed	1,021 sqft	AED 1.62MAED 1,624,000 · Dec 2025December 2025
B411	2-bed	1,456 sqft	AED 1.71MAED 1,710,000 · Apr 2017April 2017	115,000 /yr
B412	Studio	454 sqft	AED 708KAED 707,750 · Sep 2014September 2014	55,000 /yr

1–7 of 12

B402, Loreto 3B in numbers

Sold once: by DAMAC on 28 July 2021 for AED 1,509,000, or AED 928 per sqft.
Rented since August 2021 on one Ejari contract, at AED 98,000 a year.
At AED 98,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 17,300 a year (AED 10.63 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 August 2021.

Questions about B402, Loreto 3B

What did unit B402 last sell for?

AED 1,509,000 on 28 July 2021, sold by the developer: AED 928 per sqft for 1,625 sqft. It is the only registered sale of the unit.

What is the rent for unit B402?

AED 98,000 a year on the contract signed on 28 August 2021.

How big is unit B402?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B402 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 B402, Loreto 3B

Starts from the last sale price (AED 1.51M, 28 July 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,509,000
Deposit, UAE resident (20%): AED 301,800
Deposit, non-resident (40%): AED 603,600
Monthly over 25 years at 3.7%: AED 6,174

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