Studio · 330 sqftLoreto 3B, Damac Hills · 6th floor · completed 2017

B602B, Loreto 3B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B602B · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 560K24 August 2014
Current rentAED 40K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602B, Loreto 3B

What is B602B worth today?

Last sold for AED 559,550 in 2014

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1 Jan 2026RentedRenewal
AED 40,000/yr12 months · AED 120 per sqft
1 Jan 2025RentedNew contract
AED 39,000/yr12 months · AED 117 per sqft
22 Nov 2023RentedNew contract
AED 36,000/yr12 months · AED 108 per sqft
4 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 84 per sqft
12 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 76 per sqft
10 Dec 2019RentedNew contract
AED 28,000/yr12 months · AED 84 per sqft
19 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 90 per sqft
26 Nov 2018RentedNew contract
AED 28,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
330 sqft
Floor
6th of 9
Parking
LP1-20
Developer
DAMAC
Completed
2017
Service charge
AED 3,500 /yr
Last sold
AED 560K · August 2014
Building
Loreto 3B

About B602B, Loreto 3B

B602B is a studio of 330 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 24 August 2014 for AED 559,550, or AED 1,696 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 40,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for B602B over time

Sales
Unit B602B, 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, August 2014: AED 559,550 (AED 1,696 per sqft)

B602B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B602B, 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, November 2018: AED 28,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, December 2019: AED 28,000 a yearNew contract, October 2021: AED 25,000 a yearNew contract, December 2022: AED 28,000 a yearNew contract, November 2023: AED 36,000 a yearNew contract, January 2025: AED 39,000 a yearRenewal, January 2026: AED 40,000 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 B602B sits

All 25 studios →

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. B602B's AED 40,000 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 6th floor

All 84 units in Loreto 3B
Value
B6011-bedAED 1.84M · Jan 2015
B6022-bedAED 1.73M · Feb 2019
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

B602B, Loreto 3B in numbers

  • Sold once: by DAMAC on 24 August 2014 for AED 559,550, or AED 1,696 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 28,000 to AED 25,000 in 2021 and recovered to AED 40,000 by January 2026.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 3,500 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 B602B, Loreto 3B

What did unit B602B last sell for?

AED 559,550 on 24 August 2014, sold by the developer: AED 1,696 per sqft for 330 sqft. It is the only registered sale of the unit.

What is the rent for unit B602B?

AED 40,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 39,000; the unit has been rented since November 2018.

How big is unit B602B?

330 sqft (30.7 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit B602B 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 B602B, Loreto 3B

Starts from the last sale price (AED 560K, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 559,550
Deposit, UAE resident (20%)
AED 111,910
Deposit, non-resident (40%)
AED 223,820
Monthly over 25 years at 3.7%
AED 2,289

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