B611, Loreto 3B
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B611, Loreto 3B
What is B611 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,505 sqft
- Floor
- 6th of 9
- Parking
- T6-UP1-05
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.82M · November 2024
- Building
- Loreto 3B
About B611, Loreto 3B
B611 is a two-bedroom apartment of 1,505 sqft on the 6th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 25 November 2024 for AED 1,820,000, or AED 1,209 per sqft, in line with the AED 1,209 two-beds 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 August 2024, is AED 117,206 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 16,000 a year.
Sales and rents for B611 over time
B611 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 B611 sits
All 19 2-beds →B611 last sold in November 2024 at AED 1,209 per sqft, in line with what two-beds in Loreto 3B were fetching at the time (AED 1,209). 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. B611's AED 117,206 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 1,477 sqft | 1,600,000 | 1,083 | ||
| 11 Dec 202511 December 2025 | 2,420 sqft | 2,800,000 | 1,156 | ||
| 17 Sep 202417 September 2024 | 1,695 sqft | 2,100,000 | 1,239 | ||
| 26 Jun 202426 June 2024 | 1,495 sqft | 1,800,000 | 1,203 |
Loreto 3B
Building84 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%
Other units on the 6th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B601 | 1-bed | 1,247 sqft | AED 1.84MAED 1,838,250 · Jan 2015January 2015 | 100,000 /yr | |
| 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 | |
| B612 | 1-bed | 800 sqft | AED 1.05MAED 1,051,650 · Sep 2014September 2014 | 80,000 /yr |
B611, Loreto 3B in numbers
- Sold 3 times: first on 1 May 2017 for AED 1,774,000, last on 25 November 2024 for AED 1,820,000 (AED 1,209 per sqft).
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 117,206 by August 2024.
- At AED 117,206 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 16,000 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 25 November 2024.
Questions about B611, Loreto 3B
What did unit B611 last sell for?
AED 1,820,000 on 25 November 2024: AED 1,209 per sqft for 1,505 sqft. The unit has 3 registered sales; the first was AED 1,774,000 in May 2017.
What is the rent for unit B611?
AED 117,206 a year on the contract signed on 10 August 2024. The previous contract, from August 2023, was AED 117,000; the unit has been rented since June 2018.
How big is unit B611?
1,505 sqft (139.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit B611 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 B611, Loreto 3B
Starts from the last sale price (AED 1.82M, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,820,000
- Deposit, UAE resident (20%)
- AED 364,000
- Deposit, non-resident (40%)
- AED 728,000
- Monthly over 25 years at 3.7%
- AED 7,446
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →