2-bed · 1,645 sqftLoreto 3B, Damac Hills · 6th floor · completed 2017

B602, Loreto 3B

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B602 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 1.73M28 February 2019
Current rentAED 100K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602, Loreto 3B

What is B602 worth today?

Last sold for AED 1,726,000 in 2019

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15 Mar 2026RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
15 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
15 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
15 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
20 Mar 2022RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
20 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
28 Nov 2019RentedNew contract
AED 106,000/yr12 months · AED 64 per sqft
28 Feb 2019Sold by developerReady
AED 1,726,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
2-bed apartment
Size
1,645 sqft
Floor
6th of 9
Parking
LP1-19
Developer
DAMAC
Completed
2017
Service charge
AED 17,500 /yr
Last sold
AED 1.73M · February 2019
Building
Loreto 3B

About B602, Loreto 3B

B602 is a two-bedroom apartment of 1,645 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 28 February 2019 for AED 1,726,000, or AED 1,049 per sqft, 9% below the AED 1,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 100,000 a year: a gross yield of 5.8% on the 2019 price, before the service charge of about AED 17,500 a year.

Sales and rents for B602 over time

Sales
Unit B602, each saleTypical two-bed in Loreto 3B
1.6M1.8M20172019202120232025Typical sale price by year: 2017 AED 1,740,522; 2021 AED 1,526,500; 2022 AED 1,607,000; 2024 AED 1,820,000Sold by developer, February 2019: AED 1,726,000 (AED 1,049 per sqft)

B602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B602, each contractTypical two-bed in Loreto 3B
75K100K125K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 82,000; 2020 AED 82,000; 2021 AED 83,000; 2022 AED 85,000; 2023 AED 85,000; 2024 AED 117,206; 2025 AED 125,000; 2026 AED 117,500New contract, November 2019: AED 106,000 a yearNew contract, March 2021: AED 80,000 a yearRenewal, March 2022: AED 85,000 a yearNew contract, March 2024: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2026: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 3B, and where B602 sits

All 19 2-beds →

B602 last sold in February 2019 at AED 1,049 per sqft, 9% below what two-beds in Loreto 3B were fetching at the time (AED 1,149). Over the last 12 months two-beds sold for AED 1,600,000 to 2,800,000, around AED 1,120 per sqft, and rent for AED 100,000 to 150,000 a year. B602's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,600,000
11 Dec 20252,800,000
25 Nov 20241,820,000
17 Sep 20242,100,000
2 2-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
Value
B6011-bedAED 1.84M · Jan 2015
B602BStudioAED 560K · Aug 2014
B6031-bedAED 1.01M · Feb 2026
B604StudioAED 728K · Sep 2014
B605StudioAED 560K · Nov 2024
B606StudioAED 774K · Jan 2015
B6071-bedAED 940K · Jan 2025
1–7 of 12

B602, Loreto 3B in numbers

  • Sold once: by DAMAC on 28 February 2019 for AED 1,726,000, or AED 1,049 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 106,000 to AED 80,000 in 2021 and recovered to AED 100,000 by March 2026.
  • At AED 100,000 a year the gross yield on the 2019 price is 5.8%, before a service charge of about AED 17,500 a year (AED 10.63 per sqft).
  • Two-beds in Loreto 3B sold for AED 1,600,000–2,800,000 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 15 March 2026.

Questions about B602, Loreto 3B

What did unit B602 last sell for?

AED 1,726,000 on 28 February 2019, sold by the developer: AED 1,049 per sqft for 1,645 sqft. It is the only registered sale of the unit.

What is the rent for unit B602?

AED 100,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since November 2019.

How big is unit B602?

1,645 sqft (152.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 3B sold for AED 1,600,000 to 2,800,000 in the last 12 months, around AED 1,120 per sqft.

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Mortgage on B602, Loreto 3B

Starts from the last sale price (AED 1.73M, 28 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,726,000
Deposit, UAE resident (20%)
AED 345,200
Deposit, non-resident (40%)
AED 690,400
Monthly over 25 years at 3.7%
AED 7,062

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