Studio · 530 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B405, Loreto 3B

Sold prices and rental history: sold twice, last in July 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B405 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 605K15 July 2026
Current rentAED 38K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B405, Loreto 3B

What is B405 worth today?

Last sold for AED 605,000 in 2026

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15 Jul 2026SoldReady
AED 605,000AED 1,142 per sqft
9 Feb 2025RentedRenewal
AED 37,595/yr12 months · AED 71 per sqft
9 Feb 2025RentedRenewal
AED 37,595/yr12 months · AED 71 per sqft
9 Feb 2024RentedRenewal
AED 35,805/yr12 months · AED 68 per sqft
9 Feb 2023RentedRenewal
AED 34,100/yr12 months · AED 65 per sqft
9 Feb 2022RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
3 Jan 2021RentedRenewal
AED 31,000/yr12 months · AED 59 per sqft
3 Jan 2020RentedRenewal
AED 35,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
4th of 9
Parking
T6-B-29
Developer
DAMAC
Completed
2017
Service charge
AED 5,600 /yr
Last sold
AED 605K · July 2026
Building
Loreto 3B

About B405, Loreto 3B

B405 is a studio of 530 sqft on the 4th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 15 July 2026 for AED 605,000, or AED 1,142 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 9 February 2025, is AED 37,595 a year: a gross yield of 6.2% on the 2026 price, before the service charge of about AED 5,600 a year.

Sales and rents for B405 over time

Sales
Unit B405, each saleTypical studio in Loreto 3B
600K800K2014201820222026Typical 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 787,550 (AED 1,487 per sqft)Sold, July 2026: AED 605,000 (AED 1,142 per sqft)

B405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B405, 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, January 2019: AED 41,000 a yearRenewal, January 2020: AED 35,000 a yearRenewal, January 2021: AED 31,000 a yearNew contract, February 2022: AED 31,000 a yearRenewal, February 2023: AED 34,100 a yearRenewal, February 2024: AED 35,805 a yearRenewal, February 2025: AED 37,595 a yearRenewal, February 2025: AED 37,595 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 B405 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. B405's AED 37,595 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Nov 2025640,000
27 May 2025800,000
17 Apr 2025540,000
21 Nov 2024560,000
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
B404StudioAED 728K · Nov 2014
B406StudioAED 722K · Apr 2017
B4071-bedAED 1.07M · Sep 2014
1–7 of 12

B405, Loreto 3B in numbers

  • Sold twice: first on 5 November 2014 for AED 787,550, last on 15 July 2026 for AED 605,000 (AED 1,142 per sqft).
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 41,000 to AED 31,000 in 2022 and recovered to AED 37,595 by February 2025.
  • At AED 37,595 a year the gross yield on the 2026 price is 6.2%, before a service charge of about AED 5,600 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 15 July 2026.

Questions about B405, Loreto 3B

What did unit B405 last sell for?

AED 605,000 on 15 July 2026: AED 1,142 per sqft for 530 sqft. The unit has 2 registered sales; the first was AED 787,550 in November 2014.

What is the rent for unit B405?

AED 37,595 a year on the contract renewed on 9 February 2025. The previous contract, from February 2025, was AED 37,595; the unit has been rented since January 2019.

How big is unit B405?

530 sqft (49.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit B405 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 B405, Loreto 3B

Starts from the last sale price (AED 605K, 15 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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