Studio · 490 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B404, Loreto 3B

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

Unit B404 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 728K5 November 2014
Current rentAED 44K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B404, Loreto 3B

What is B404 worth today?

Last sold for AED 727,700 in 2014

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1 Sep 2026RentedNew contract
AED 44,000/yr12 months · AED 90 per sqft
17 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 92 per sqft
13 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 82 per sqft
28 Jul 2023RentedRenewal
AED 34,155/yr12 months · AED 70 per sqft
28 Jul 2022RentedNew contract
AED 31,050/yr12 months · AED 63 per sqft
28 Jul 2021RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
9 Jun 2018RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
4th of 9
Parking
B-26
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 728K · November 2014
Building
Loreto 3B

About B404, Loreto 3B

B404 is a studio of 490 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 5 November 2014 for AED 727,700, or AED 1,485 per sqft, in line with the AED 1,487 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 1 September 2026, is AED 44,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for B404 over time

Sales
Unit B404, 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, November 2014: AED 727,700 (AED 1,485 per sqft)

B404 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B404, 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, June 2018: AED 40,000 a yearNew contract, July 2019: AED 33,000 a yearNew contract, July 2021: AED 27,000 a yearNew contract, July 2022: AED 31,050 a yearRenewal, July 2023: AED 34,155 a yearNew contract, August 2024: AED 40,000 a yearNew contract, August 2025: AED 45,000 a yearNew contract, September 2026: AED 44,000 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 B404 sits

All 25 studios →

B404 last sold in November 2014 at AED 1,485 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,487). 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. B404's AED 44,000 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
B402AStudioAED 563K · Aug 2014
B4031-bedAED 1.05M · Jan 2015
B405StudioAED 605K · Jul 2026
B406StudioAED 722K · Apr 2017
B4071-bedAED 1.07M · Sep 2014
1–7 of 12

B404, Loreto 3B in numbers

  • Sold once: by DAMAC on 5 November 2014 for AED 727,700, or AED 1,485 per sqft.
  • Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2021 and recovered to AED 44,000 by September 2026.
  • At AED 44,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 5,200 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 1 September 2026.

Questions about B404, Loreto 3B

What did unit B404 last sell for?

AED 727,700 on 5 November 2014, sold by the developer: AED 1,485 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit B404?

AED 44,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since June 2018.

How big is unit B404?

490 sqft (45.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit B404 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 B404, Loreto 3B

Starts from the last sale price (AED 728K, 5 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 727,700
Deposit, UAE resident (20%)
AED 145,540
Deposit, non-resident (40%)
AED 291,080
Monthly over 25 years at 3.7%
AED 2,977

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