1-bed · 1,247 sqftLoreto 3B, Damac Hills · 6th floor · completed 2017

B601, Loreto 3B

Sold prices and rental history: sold once, by the developer in January 2015, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B601 · DLD and Ejari recordsUpdated 5 October 2021

Last soldAED 1.84M8 January 2015

Current rentAED 100K /yr5 October 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B601, Loreto 3B

Today

What is B601 worth today?

Last sold for AED 1,838,250 in 2015

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5 Oct 2021

5 Oct 2021RentedNew contract

AED 100,000/yr12 months · AED 80 per sqft

8 Jan 2015

8 Jan 2015Sold by developerOff-plan

AED 1,838,250AED 1,474 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type: 1-bed apartment
Size: 1,247 sqft
Floor: 6th of 9
Parking: LP1-17
Developer: DAMAC
Completed: 2017
Service charge: AED 13,300 /yr
Last sold: AED 1.84M · January 2015
Building: Loreto 3B

About B601, Loreto 3B

B601 is a one-bedroom apartment of 1,247 sqft on the 6th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 8 January 2015 for AED 1,838,250, or AED 1,474 per sqft, 12% above the AED 1,316 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2021. The current contract, signed on 5 October 2021, is AED 100,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 13,300 a year.

Sales and rents for B601 over time

Sales

Unit B601, each saleTypical one-bed in Loreto 3B

B601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit B601, each contractTypical one-bed in Loreto 3B

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 B601 sits

All 36 1-beds →

1-beds in Loreto 3B · last 12 months1,224 /sqft Loreto 3B · all types1,156 /sqft

B601 last sold in January 2015 at AED 1,474 per sqft, 12% above what one-beds in Loreto 3B were fetching at the time (AED 1,316). 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. B601's AED 100,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 6th floor

All 84 units in Loreto 3B


B602	2-bed	1,645 sqft	AED 1.73MAED 1,726,000 · Feb 2019February 2019	100,000 /yr
B602B	Studio	330 sqft	AED 560KAED 559,550 · Aug 2014August 2014	40,000 /yr
B603	1-bed	830 sqft	AED 1.01MAED 1,010,000 · Feb 2026February 2026	82,301 /yr
B604	Studio	496 sqft	AED 728KAED 727,700 · Sep 2014September 2014	28,827 /yr
B605	Studio	500 sqft	AED 560KAED 560,000 · Nov 2024November 2024	50,000 /yr
B606	Studio	526 sqft	AED 774KAED 774,250 · Jan 2015January 2015	42,000 /yr
B607	1-bed	837 sqft	AED 940KAED 940,000 · Jan 2025January 2025	75,000 /yr
B608	1-bed	883 sqft	AED 680KAED 680,000 · Oct 2022October 2022	108,000 /yr
B609	1-bed	848 sqft	AED 705KAED 705,000 · Jun 2022June 2022	42,000 /yr
B610	1-bed	1,021 sqft	AED 1.4MAED 1,403,000 · Apr 2017April 2017	72,000 /yr
B611	2-bed	1,505 sqft	AED 1.82MAED 1,820,000 · Nov 2024November 2024	117,206 /yr
B612	1-bed	800 sqft	AED 1.05MAED 1,051,650 · Sep 2014September 2014	80,000 /yr

1–7 of 12

B601, Loreto 3B in numbers

Sold once: by DAMAC on 8 January 2015 for AED 1,838,250, or AED 1,474 per sqft.
Rented since October 2021 on one Ejari contract, at AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 13,300 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 5 October 2021.

Questions about B601, Loreto 3B

What did unit B601 last sell for?

AED 1,838,250 on 8 January 2015, sold by the developer: AED 1,474 per sqft for 1,247 sqft. It is the only registered sale of the unit.

What is the rent for unit B601?

AED 100,000 a year on the contract signed on 5 October 2021.

How big is unit B601?

1,247 sqft (115.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B601 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 B601, Loreto 3B

Starts from the last sale price (AED 1.84M, 8 January 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,838,250
Deposit, UAE resident (20%): AED 367,650
Deposit, non-resident (40%): AED 735,300
Monthly over 25 years at 3.7%: AED 7,521

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