Studio · 321 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B402A, Loreto 3B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B402A · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 563K31 August 2014
Current rentAED 43K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B402A, Loreto 3B

What is B402A worth today?

Last sold for AED 563,350 in 2014

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5 Nov 2025RentedNew contract
AED 43,000/yr12 months · AED 133 per sqft
25 Jul 2024RentedRenewal
AED 34,000/yr12 months · AED 105 per sqft
25 Jul 2023RentedRenewal
AED 29,700/yr12 months · AED 92 per sqft
25 Jul 2022RentedRenewal
AED 25,800/yr12 months · AED 80 per sqft
25 Jul 2021RentedRenewal
AED 24,000/yr12 months · AED 74 per sqft
25 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
1 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 93 per sqft
1 Aug 2018RentedNew contract
AED 35,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
Studio apartment
Size
321 sqft
Floor
4th of 9
Parking
B-24
Developer
DAMAC
Completed
2017
Service charge
AED 3,400 /yr
Last sold
AED 563K · August 2014
Building
Loreto 3B

About B402A, Loreto 3B

B402A is a studio of 321 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 31 August 2014 for AED 563,350, or AED 1,754 per sqft, 6% above the AED 1,649 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 November 2025, is AED 43,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 3,400 a year.

Sales and rents for B402A over time

Sales
Unit B402A, each saleTypical studio in Loreto 3B
600K800K20142017202020232026Typical sale price by year: 2014 AED 697,300; 2015 AED 679,250; 2017 AED 796,000; 2024 AED 515,000; 2025 AED 640,000Sold by developer, August 2014: AED 563,350 (AED 1,754 per sqft)

B402A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B402A, each contractTypical studio in Loreto 3B
30K40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 33,000; 2020 AED 29,459; 2021 AED 25,846; 2022 AED 30,400; 2023 AED 33,300; 2024 AED 36,000; 2025 AED 39,000; 2026 AED 44,100New contract, August 2018: AED 35,000 a yearNew contract, September 2019: AED 30,000 a yearNew contract, July 2020: AED 24,000 a yearRenewal, July 2021: AED 24,000 a yearRenewal, July 2022: AED 25,800 a yearRenewal, July 2023: AED 29,700 a yearRenewal, July 2024: AED 34,000 a yearNew contract, November 2025: AED 43,000 a year

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 B402A sits

All 25 studios →

B402A last sold in August 2014 at AED 1,754 per sqft, 6% above what studios in Loreto 3B were fetching at the time (AED 1,649). 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. B402A's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jul 2026605,000
11 Nov 2025640,000
27 May 2025800,000
17 Apr 2025540,000
2 studio 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
Value
B4012-bedAED 1.35M · Apr 2022
B4022-bedAED 1.51M · Jul 2021
B4031-bedAED 1.05M · Jan 2015
B404StudioAED 728K · Nov 2014
B405StudioAED 605K · Jul 2026
B406StudioAED 722K · Apr 2017
B4071-bedAED 1.07M · Sep 2014
1–7 of 12

B402A, Loreto 3B in numbers

  • Sold once: by DAMAC on 31 August 2014 for AED 563,350, or AED 1,754 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2021 and recovered to AED 43,000 by November 2025.
  • At AED 43,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 3,400 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 5 November 2025.

Questions about B402A, Loreto 3B

What did unit B402A last sell for?

AED 563,350 on 31 August 2014, sold by the developer: AED 1,754 per sqft for 321 sqft. It is the only registered sale of the unit.

What is the rent for unit B402A?

AED 43,000 a year on the contract signed on 5 November 2025. The previous contract, from July 2024, was AED 34,000; the unit has been rented since August 2018.

How big is unit B402A?

321 sqft (29.8 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit B402A 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 B402A, Loreto 3B

Starts from the last sale price (AED 563K, 31 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 563,350
Deposit, UAE resident (20%)
AED 112,670
Deposit, non-resident (40%)
AED 225,340
Monthly over 25 years at 3.7%
AED 2,305

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