Studio · 430 sqftLoreto 3B, Damac Hills · 5th floor · completed 2017

B512, 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.

Unit B512 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 697K4 December 2014
Current rentAED 37K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B512, Loreto 3B

What is B512 worth today?

Last sold for AED 697,300 in 2014

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10 Jul 2026RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
10 Jul 2024RentedRenewal
AED 33,750/yr12 months · AED 78 per sqft
10 Jul 2023RentedRenewal
AED 35,000/yr12 months · AED 81 per sqft
10 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
1 Jan 2022RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
15 Oct 2019RentedRenewal
AED 33,000/yr12 months · AED 77 per sqft
15 Oct 2018RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
4 Dec 2014Sold by developerOff-plan
AED 697,300AED 1,619 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
430 sqft
Floor
5th of 9
Parking
LP1-16
Developer
DAMAC
Completed
2017
Service charge
AED 4,600 /yr
Last sold
AED 697K · December 2014
Building
Loreto 3B

About B512, Loreto 3B

B512 is a studio of 430 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 697,300, or AED 1,619 per sqft, 8% above the AED 1,503 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 July 2026, is AED 37,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for B512 over time

Sales
Unit B512, each saleTypical studio in Loreto 3B
600K800K20142017202020232026Typical sale price by year: 2014 AED 697,300; 2015 AED 679,250; 2017 AED 796,000; 2024 AED 515,000; 2025 AED 640,000Sold by developer, December 2014: AED 697,300 (AED 1,619 per sqft)

B512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B512, each contractTypical studio in Loreto 3B
30K40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 33,000; 2020 AED 29,459; 2021 AED 25,846; 2022 AED 30,400; 2023 AED 33,300; 2024 AED 36,000; 2025 AED 39,000; 2026 AED 44,100New contract, October 2018: AED 35,000 a yearRenewal, October 2019: AED 33,000 a yearNew contract, January 2022: AED 27,000 a yearNew contract, July 2022: AED 30,000 a yearRenewal, July 2023: AED 35,000 a yearRenewal, July 2024: AED 33,750 a yearNew contract, July 2026: AED 37,000 a year

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 B512 sits

All 25 studios →

B512 last sold in December 2014 at AED 1,619 per sqft, 8% above what studios in Loreto 3B were fetching at the time (AED 1,503). 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. B512's AED 37,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jul 2026605,000
11 Nov 2025640,000
27 May 2025800,000
17 Apr 2025540,000
2 studio 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 5th floor

All 84 units in Loreto 3B
Value
B5012-bedAED 2.11M · Jan 2024
B5022-bedAED 2.25M · Nov 2014
B502AStudioAED 563K · Nov 2014
B5031-bedAED 1.02M · Dec 2014
B504StudioAED 728K · Nov 2014
B505StudioAED 788K · Nov 2014
B506StudioAED 726K · Jun 2017
1–7 of 12

B512, Loreto 3B in numbers

  • Sold once: by DAMAC on 4 December 2014 for AED 697,300, or AED 1,619 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2022 and recovered to AED 37,000 by July 2026.
  • At AED 37,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 4,600 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 10 July 2026.

Questions about B512, Loreto 3B

What did unit B512 last sell for?

AED 697,300 on 4 December 2014, sold by the developer: AED 1,619 per sqft for 430 sqft. It is the only registered sale of the unit.

What is the rent for unit B512?

AED 37,000 a year on the contract signed on 10 July 2026. The previous contract, from July 2024, was AED 33,750; the unit has been rented since October 2018.

How big is unit B512?

430 sqft (39.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit B512 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 B512, Loreto 3B

Starts from the last sale price (AED 697K, 4 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 697,300
Deposit, UAE resident (20%)
AED 139,460
Deposit, non-resident (40%)
AED 278,920
Monthly over 25 years at 3.7%
AED 2,853

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