B506, Loreto 3B
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B506, Loreto 3B
What is B506 worth today?
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Source: Dubai Land Department. Updated 5 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 5th of 9
- Parking
- G-26
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 726K · June 2017
- Building
- Loreto 3B
About B506, Loreto 3B
B506 is a studio of 526 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 13 June 2017 for AED 726,000, or AED 1,381 per sqft, in line with the AED 1,381 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 June 2026, is AED 44,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 5,600 a year.
Sales and rents for B506 over time
B506 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 B506 sits
All 25 studios →B506 last sold in June 2017 at AED 1,381 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,381). 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. B506's AED 44,000 is in the lower 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 | |
| B505 | Studio | 525 sqft | AED 788KAED 787,550 · Nov 2014November 2014 | 48,000 /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 |
B506, Loreto 3B in numbers
- Sold once: by DAMAC on 13 June 2017 for AED 726,000, or AED 1,381 per sqft.
- Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 23,000 in 2020 and recovered to AED 44,000 by June 2026.
- At AED 44,000 a year the gross yield on the 2017 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 5 June 2026.
Questions about B506, Loreto 3B
What did unit B506 last sell for?
AED 726,000 on 13 June 2017, sold by the developer: AED 1,381 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit B506?
AED 44,000 a year on the contract signed on 5 June 2026. The previous contract, from October 2022, was AED 30,000; the unit has been rented since July 2019.
How big is unit B506?
526 sqft (48.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit B506 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 B506, Loreto 3B
Starts from the last sale price (AED 726K, 13 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 726,000
- Deposit, UAE resident (20%)
- AED 145,200
- Deposit, non-resident (40%)
- AED 290,400
- Monthly over 25 years at 3.7%
- AED 2,970
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →