1-bed · 852 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B409, 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 B409 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 1.12M31 August 2014
Current rentAED 80K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B409, Loreto 3B

What is B409 worth today?

Last sold for AED 1,123,850 in 2014

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2 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
2 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
2 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
2 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
27 Jan 2022RentedRenewal
AED 47,000/yr12 months · AED 55 per sqft
27 Jan 2021RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
29 May 2019RentedNew contract
AED 62,000/yr12 months · AED 73 per sqft
29 May 2018RentedNew contract
AED 54,400/yr15 months · AED 64 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
4th of 9
Parking
G-17
Developer
DAMAC
Completed
2017
Service charge
AED 9,100 /yr
Last sold
AED 1.12M · August 2014
Building
Loreto 3B

About B409, Loreto 3B

B409 is a one-bedroom apartment of 852 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 1,123,850, or AED 1,319 per sqft, in line with the AED 1,324 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 2 February 2025, is AED 80,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 9,100 a year.

Sales and rents for B409 over time

Sales
Unit B409, each saleTypical one-bed in Loreto 3B
800K1M1.2M20142017202020232026Typical sale price by year: 2014 AED 1,111,025; 2015 AED 1,169,450; 2017 AED 1,007,000; 2021 AED 846,000; 2022 AED 855,000; 2023 AED 840,000; 2024 AED 1,050,000; 2025 AED 1,112,500Sold by developer, August 2014: AED 1,123,850 (AED 1,319 per sqft)

B409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B409, each contractTypical one-bed in Loreto 3B
60K80K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 57,000; 2020 AED 48,000; 2021 AED 47,250; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 78,514New contract, May 2018: AED 54,400 a yearNew contract, May 2019: AED 62,000 a yearNew contract, January 2021: AED 47,000 a yearRenewal, January 2022: AED 47,000 a yearNew contract, February 2023: AED 65,000 a yearNew contract, February 2024: AED 80,000 a yearNew contract, February 2025: AED 80,000 a yearNew contract, February 2025: AED 80,000 a year

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 B409 sits

All 36 1-beds →

B409 last sold in August 2014 at AED 1,319 per sqft, in line with what one-beds in Loreto 3B were fetching at the time (AED 1,324). 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. B409's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,250,000
13 Feb 20261,010,000
24 Dec 20251,624,000
26 May 20251,125,000
3 1-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
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
B405StudioAED 605K · Jul 2026
B406StudioAED 722K · Apr 2017
1–7 of 12

B409, Loreto 3B in numbers

  • Sold once: by DAMAC on 31 August 2014 for AED 1,123,850, or AED 1,319 per sqft.
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 54,400 to AED 47,000 in 2022 and recovered to AED 80,000 by February 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 9,100 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 2 February 2025.

Questions about B409, Loreto 3B

What did unit B409 last sell for?

AED 1,123,850 on 31 August 2014, sold by the developer: AED 1,319 per sqft for 852 sqft. It is the only registered sale of the unit.

What is the rent for unit B409?

AED 80,000 a year on the contract signed on 2 February 2025. The previous contract, from February 2025, was AED 80,000; the unit has been rented since May 2018.

How big is unit B409?

852 sqft (79.2 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B409 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 B409, Loreto 3B

Starts from the last sale price (AED 1.12M, 31 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,123,850
Deposit, UAE resident (20%)
AED 224,770
Deposit, non-resident (40%)
AED 449,540
Monthly over 25 years at 3.7%
AED 4,598

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