B503, Loreto 3B
Sold prices and rental history: sold once, by the developer in December 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 B503, Loreto 3B
What is B503 worth today?
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Source: Dubai Land Department. Updated 8 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,500 /yr
- Last sold
- AED 1.02M · December 2014
- Building
- Loreto 3B
About B503, Loreto 3B
B503 is a one-bedroom apartment of 801 sqft on the 5th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 4 December 2014 for AED 1,021,250, or AED 1,274 per sqft, 3% below the AED 1,315 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 8 May 2025, is AED 65,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 8,500 a year.
Sales and rents for B503 over time
B503 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 B503 sits
All 36 1-beds →B503 last sold in December 2014 at AED 1,274 per sqft, 3% below what one-beds in Loreto 3B were fetching at the time (AED 1,315). 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. B503's AED 65,000 is at the bottom 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 5th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 2-bed | 1,702 sqft | AED 2.11MAED 2,112,500 · Jan 2024January 2024 | 123,000 /yr | |
| B502 | 2-bed | 1,513 sqft | AED 2.25MAED 2,254,350 · Nov 2014November 2014 | 130,000 /yr | |
| B502A | Studio | 321 sqft | AED 563KAED 563,350 · Nov 2014November 2014 | 44,100 /yr | |
| B504 | Studio | 495 sqft | AED 728KAED 727,700 · Nov 2014November 2014 | 44,000 /yr | |
| B505 | Studio | 525 sqft | AED 788KAED 787,550 · Nov 2014November 2014 | 48,000 /yr | |
| B506 | Studio | 526 sqft | AED 726KAED 726,000 · Jun 2017June 2017 | 44,000 /yr | |
| B507 | 1-bed | 837 sqft | AED 1.07MAED 1,068,750 · Nov 2014November 2014 | 48,000 /yr | |
| B508 | 1-bed | 886 sqft | AED 840KAED 840,000 · Jul 2023July 2023 | 70,000 /yr | |
| B509 | 1-bed | 852 sqft | AED 840KAED 840,000 · Aug 2023August 2023 | 42,000 /yr | |
| B510 | 1-bed | 1,021 sqft | AED 1.25MAED 1,250,000 · Oct 2026October 2026 | ||
| B511 | 2-bed | 1,495 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 82,950 /yr | |
| B512 | Studio | 430 sqft | AED 697KAED 697,300 · Dec 2014December 2014 | 37,000 /yr |
B503, Loreto 3B in numbers
- Sold once: by DAMAC on 4 December 2014 for AED 1,021,250, or AED 1,274 per sqft.
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 47,000 in 2020 and recovered to AED 65,000 by May 2025.
- At AED 65,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 8,500 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 8 May 2025.
Questions about B503, Loreto 3B
What did unit B503 last sell for?
AED 1,021,250 on 4 December 2014, sold by the developer: AED 1,274 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit B503?
AED 65,000 a year on the contract renewed on 8 May 2025. The previous contract, from May 2025, was AED 65,000; the unit has been rented since June 2018.
How big is unit B503?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B503 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 B503, Loreto 3B
Starts from the last sale price (AED 1.02M, 4 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,021,250
- Deposit, UAE resident (20%)
- AED 204,250
- Deposit, non-resident (40%)
- AED 408,500
- Monthly over 25 years at 3.7%
- AED 4,178
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →