2-bed · 2,001 sqftLoreto 3B, Damac Hills · 7th floor · completed 2017

B702, Loreto 3B

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B702 · DLD and Ejari recordsUpdated 16 December 2020

Last soldAED 1.33M16 December 2020

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Today's valuefree after one verification

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Property timeline for B702, Loreto 3B

Today

What is B702 worth today?

Last sold for AED 1,325,000 in 2020

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16 Dec 2020

16 Dec 2020Sold by developerReady

AED 1,325,000AED 662 per sqft

Source: Dubai Land Department. Updated 16 December 2020.

Key facts

Type: 2-bed apartment
Size: 2,001 sqft
Floor: 7th of 9
Parking: P2-28
Developer: DAMAC
Completed: 2017
Service charge: AED 21,300 /yr
Last sold: AED 1.33M · December 2020
Building: Loreto 3B

About B702, Loreto 3B

B702 is a two-bedroom apartment of 2,001 sqft on the 7th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 16 December 2020 for AED 1,325,000, or AED 662 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B702 over time

Sales

Unit B702, each saleTypical two-bed in Loreto 3B

B702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit B702, each contractTypical two-bed in Loreto 3B

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 B702 sits

All 19 2-beds →

2-beds in Loreto 3B · last 12 months1,120 /sqft Loreto 3B · all types1,156 /sqft

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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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
25 Nov 202425 November 2024	1,505 sqft	1,820,000	1,209
17 Sep 202417 September 2024	1,695 sqft	2,100,000	1,239

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 7th floor

All 84 units in Loreto 3B


B701	Studio	428 sqft	AED 265KAED 265,000 · May 2019May 2019	30,800 /yr
B701A	1-bed	1,394 sqft	AED 1.4MAED 1,400,000 · Jan 2025January 2025	108,000 /yr
B702A	Studio	333 sqft	AED 540KAED 540,000 · Apr 2025April 2025	43,000 /yr
B703	Studio	455 sqft	AED 660KAED 660,250 · Sep 2014September 2014	60,000 /yr
B704	2-bed	1,617 sqft	AED 1.41MAED 1,410,240 · Aug 2022August 2022
B705	1-bed	850 sqft	AED 1.13MAED 1,125,000 · May 2025May 2025	90,000 /yr
B706	1-bed	885 sqft	AED 620KAED 620,000 · Apr 2021April 2021	80,000 /yr
B707	1-bed	843 sqft	AED 933KAED 933,000 · Jan 2017January 2017	68,000 /yr
B708	2-bed	1,556 sqft	AED 1.32MAED 1,319,878 · Aug 2021August 2021	150,000 /yr
B709	1-bed	777 sqft	AED 1.1MAED 1,098,200 · Dec 2014December 2014	75,000 /yr

1–7 of 10

B702, Loreto 3B in numbers

Sold once: by DAMAC on 16 December 2020 for AED 1,325,000, or AED 662 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 16 December 2020.

Questions about B702, Loreto 3B

What did unit B702 last sell for?

AED 1,325,000 on 16 December 2020, sold by the developer: AED 662 per sqft for 2,001 sqft. It is the only registered sale of the unit.

How big is unit B702?

2,001 sqft (185.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B702 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 B702, Loreto 3B

Starts from the last sale price (AED 1.33M, 16 December 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,325,000
Deposit, UAE resident (20%): AED 265,000
Deposit, non-resident (40%): AED 530,000
Monthly over 25 years at 3.7%: AED 5,421

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