B407, Loreto 3B
Sold prices and rental history: sold once, by the developer in September 2014, 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 B407, Loreto 3B
What is B407 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 4th of 9
- Parking
- G-15
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,900 /yr
- Last sold
- AED 1.07M · September 2014
- Building
- Loreto 3B
About B407, Loreto 3B
B407 is a one-bedroom apartment of 841 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 24 September 2014 for AED 1,068,750, or AED 1,271 per sqft, 3% below the AED 1,316 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 12 Ejari contracts. The current contract, signed on 1 June 2026, is AED 75,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 8,900 a year.
Sales and rents for B407 over time
B407 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Loreto 3B, and where B407 sits
All 36 1-beds →B407 last sold in September 2014 at AED 1,271 per sqft, 3% below what one-beds in Loreto 3B were fetching at the time (AED 1,316). Over the last 12 months one-beds sold for AED 1,010,000 to 1,624,000, around AED 1,224 per sqft, and rent for AED 66,184 to 108,000 a year. B407's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,021 sqft | 1,250,000 | 1,224 | ||
| 13 Feb 202613 February 2026 | 830 sqft | 1,010,000 | 1,216 | ||
| 24 Dec 202524 December 2025 | 1,021 sqft | 1,624,000 | 1,590 | ||
| 26 May 202526 May 2025 | 850 sqft | 1,125,000 | 1,323 |
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 4th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 2-bed | 1,457 sqft | AED 1.35MAED 1,346,000 · Apr 2022April 2022 | ||
| B402 | 2-bed | 1,625 sqft | AED 1.51MAED 1,509,000 · Jul 2021July 2021 | 98,000 /yr | |
| 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 | |
| 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 |
B407, Loreto 3B in numbers
- Sold once: by DAMAC on 24 September 2014 for AED 1,068,750, or AED 1,271 per sqft.
- Rented since July 2018 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 75,000 by June 2026.
- At AED 75,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 8,900 a year (AED 10.63 per sqft).
- One-beds in Loreto 3B sold for AED 1,010,000–1,624,000 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 June 2026.
Questions about B407, Loreto 3B
What did unit B407 last sell for?
AED 1,068,750 on 24 September 2014, sold by the developer: AED 1,271 per sqft for 841 sqft. It is the only registered sale of the unit.
What is the rent for unit B407?
AED 75,000 a year on the contract signed on 1 June 2026. The previous contract, from March 2026, was AED 77,500; the unit has been rented since July 2018.
How big is unit B407?
841 sqft (78.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit B407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 3B sold for AED 1,010,000 to 1,624,000 in the last 12 months, around AED 1,224 per sqft.
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Mortgage on B407, Loreto 3B
Starts from the last sale price (AED 1.07M, 24 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,068,750
- Deposit, UAE resident (20%)
- AED 213,750
- Deposit, non-resident (40%)
- AED 427,500
- Monthly over 25 years at 3.7%
- AED 4,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →