Studio · 496 sqftLoreto 3B, Damac Hills · 6th floor · completed 2017

B604, Loreto 3B

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

Unit B604 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 728K23 September 2014
Current rentAED 29K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B604, Loreto 3B

What is B604 worth today?

Last sold for AED 727,700 in 2014

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1 Sep 2025RentedNew contract
AED 28,827/yr12 months · AED 58 per sqft
1 Sep 2020RentedNew contract
AED 22,059/yr12 months · AED 45 per sqft
1 Dec 2018RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
23 Sep 2014Sold by developerOff-plan
AED 727,700AED 1,466 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
6th of 9
Parking
LP1-22
Developer
DAMAC
Completed
2017
Service charge
AED 5,300 /yr
Last sold
AED 728K · September 2014
Building
Loreto 3B

About B604, Loreto 3B

B604 is a studio of 496 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 23 September 2014 for AED 727,700, or AED 1,466 per sqft, 4% below the AED 1,534 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2025, is AED 28,827 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 5,300 a year.

Sales and rents for B604 over time

Sales
Unit B604, 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, September 2014: AED 727,700 (AED 1,466 per sqft)

B604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B604, each contractTypical studio in Loreto 3B
20K30K40K2018202120242027Typical 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, December 2018: AED 35,000 a yearNew contract, September 2020: AED 22,059 a yearNew contract, September 2025: AED 28,827 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 B604 sits

All 25 studios →

B604 last sold in September 2014 at AED 1,466 per sqft, 4% below what studios in Loreto 3B were fetching at the time (AED 1,534). 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. B604's AED 28,827 is at the bottom 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
B602BStudioAED 560K · Aug 2014
B6031-bedAED 1.01M · Feb 2026
B605StudioAED 560K · Nov 2024
B606StudioAED 774K · Jan 2015
B6071-bedAED 940K · Jan 2025
1–7 of 12

B604, Loreto 3B in numbers

  • Sold once: by DAMAC on 23 September 2014 for AED 727,700, or AED 1,466 per sqft.
  • Rented since December 2018 on 3 Ejari contracts. The rent fell from AED 35,000 to AED 22,059 in 2020 and recovered to AED 28,827 by September 2025.
  • At AED 28,827 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 5,300 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 September 2025.

Questions about B604, Loreto 3B

What did unit B604 last sell for?

AED 727,700 on 23 September 2014, sold by the developer: AED 1,466 per sqft for 496 sqft. It is the only registered sale of the unit.

What is the rent for unit B604?

AED 28,827 a year on the contract signed on 1 September 2025. The previous contract, from September 2020, was AED 22,059; the unit has been rented since December 2018.

How big is unit B604?

496 sqft (46.1 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit B604 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 B604, Loreto 3B

Starts from the last sale price (AED 728K, 23 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 727,700
Deposit, UAE resident (20%)
AED 145,540
Deposit, non-resident (40%)
AED 291,080
Monthly over 25 years at 3.7%
AED 2,977

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