1-bed · 1,394 sqftLoreto 3B, Damac Hills · 7th floor · completed 2017

B701A, Loreto 3B

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B701A · DLD and Ejari recordsUpdated 3 February 2025
Last soldAED 1.4M2 January 2025
Current rentAED 108K /yr3 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B701A, Loreto 3B

What is B701A worth today?

Last sold for AED 1,400,000 in 2025

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3 Feb 2025RentedNew contract
AED 108,000/yr36 months · AED 77 per sqft
3 Feb 2025RentedNew contract
AED 108,000/yr36 months · AED 77 per sqft
2 Jan 2025SoldReady
AED 1,400,000AED 1,003 per sqft
10 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
28 Aug 2023Sold by developerReady
AED 1,350,440AED 968 per sqft
15 Mar 2021RentedNew contract
AED 60,000/yr13 months · AED 43 per sqft
20 Jul 2020RentedNew contract
AED 60,000/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 3 February 2025.

Key facts

Type
1-bed apartment
Size
1,394 sqft
Floor
7th of 9
Parking
T6-UP1-11
Developer
DAMAC
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.4M · January 2025
Building
Loreto 3B

About B701A, Loreto 3B

B701A is a one-bedroom apartment of 1,394 sqft on the 7th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 2 January 2025 for AED 1,400,000, or AED 1,003 per sqft, 12% below the AED 1,146 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 3 February 2025, is AED 108,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 14,800 a year.

Sales and rents for B701A over time

Sales
Unit B701A, each saleTypical one-bed in Loreto 3B
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,111,025; 2015 AED 1,169,450; 2017 AED 1,007,000; 2021 AED 846,000; 2022 AED 855,000; 2023 AED 840,000; 2024 AED 1,050,000; 2025 AED 1,112,500Sold by developer, August 2023: AED 1,350,440 (AED 968 per sqft)Sold, January 2025: AED 1,400,000 (AED 1,003 per sqft)

B701A has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B701A, each contractTypical one-bed in Loreto 3B
50K100K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 57,000; 2020 AED 48,000; 2021 AED 47,250; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 78,514New contract, July 2020: AED 60,000 a yearNew contract, March 2021: AED 60,000 a yearNew contract, November 2023: AED 90,000 a yearNew contract, February 2025: AED 108,000 a yearNew contract, February 2025: AED 108,000 a year

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 B701A sits

All 36 1-beds →

B701A last sold in January 2025 at AED 1,003 per sqft, 12% below what one-beds in Loreto 3B were fetching at the time (AED 1,146). 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. B701A's AED 108,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,250,000
13 Feb 20261,010,000
24 Dec 20251,624,000
26 May 20251,125,000
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 7th floor

All 84 units in Loreto 3B
Value
B701StudioAED 265K · May 2019
B7022-bedAED 1.33M · Dec 2020
B702AStudioAED 540K · Apr 2025
B703StudioAED 660K · Sep 2014
B7042-bedAED 1.41M · Aug 2022
B7051-bedAED 1.13M · May 2025
B7061-bedAED 620K · Apr 2021
1–7 of 10

B701A, Loreto 3B in numbers

  • Sold twice: first on 28 August 2023 for AED 1,350,440, last on 2 January 2025 for AED 1,400,000 (AED 1,003 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 60,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 14,800 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 3 February 2025.

Questions about B701A, Loreto 3B

What did unit B701A last sell for?

AED 1,400,000 on 2 January 2025: AED 1,003 per sqft for 1,394 sqft. The unit has 2 registered sales; the first was AED 1,350,440 in August 2023.

What is the rent for unit B701A?

AED 108,000 a year on the contract signed on 3 February 2025. The previous contract, from February 2025, was AED 108,000; the unit has been rented since July 2020.

How big is unit B701A?

1,394 sqft (129.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B701A 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 B701A, Loreto 3B

Starts from the last sale price (AED 1.4M, 2 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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