B505, Loreto 3B
Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B505, Loreto 3B
What is B505 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 525 sqft
- Floor
- 5th of 9
- Parking
- G-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 788K · November 2014
- Building
- Loreto 3B
About B505, Loreto 3B
B505 is a studio of 525 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 17 November 2014 for AED 787,550, or AED 1,499 per sqft, in line with the AED 1,493 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 January 2026, is AED 48,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 5,600 a year.
Sales and rents for B505 over time
B505 has sold once; the dashed line is the studio median of each year in the building.
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 B505 sits
All 25 studios →B505 last sold in November 2014 at AED 1,499 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,493). 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. B505's AED 48,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 530 sqft | 605,000 | 1,142 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 640,000 | 1,073 | ||
| 27 May 202527 May 2025 | 592 sqft | 800,000 | 1,350 | ||
| 17 Apr 202517 April 2025 | 333 sqft | 540,000 | 1,620 |
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 | |
| B503 | 1-bed | 801 sqft | AED 1.02MAED 1,021,250 · Dec 2014December 2014 | 65,000 /yr | |
| B504 | Studio | 495 sqft | AED 728KAED 727,700 · Nov 2014November 2014 | 44,000 /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 |
B505, Loreto 3B in numbers
- Sold once: by DAMAC on 17 November 2014 for AED 787,550, or AED 1,499 per sqft.
- Rented since December 2020 on 3 Ejari contracts, from AED 32,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2014 price is 6.1%, 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 1 January 2026.
Questions about B505, Loreto 3B
What did unit B505 last sell for?
AED 787,550 on 17 November 2014, sold by the developer: AED 1,499 per sqft for 525 sqft. It is the only registered sale of the unit.
What is the rent for unit B505?
AED 48,000 a year on the contract signed on 1 January 2026. The previous contract, from August 2023, was AED 40,000; the unit has been rented since December 2020.
How big is unit B505?
525 sqft (48.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit B505 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 B505, Loreto 3B
Starts from the last sale price (AED 788K, 17 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 787,550
- Deposit, UAE resident (20%)
- AED 157,510
- Deposit, non-resident (40%)
- AED 315,020
- Monthly over 25 years at 3.7%
- AED 3,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →