B703, Loreto 3B
Sold prices and rental history: sold once, by the developer in September 2014, 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 B703, Loreto 3B
What is B703 worth today?
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Source: Dubai Land Department. Updated 25 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 455 sqft
- Floor
- 7th of 9
- Parking
- UP1-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,800 /yr
- Last sold
- AED 660K · September 2014
- Building
- Loreto 3B
About B703, Loreto 3B
B703 is a studio of 455 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 23 September 2014 for AED 660,250, or AED 1,452 per sqft, 5% below the AED 1,534 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 February 2026, is AED 60,000 a year: a gross yield of 9.1% on the 2014 price, before the service charge of about AED 4,800 a year.
Sales and rents for B703 over time
B703 has sold once; the dashed line is the studio median of each year in the building.
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 B703 sits
All 25 studios →B703 last sold in September 2014 at AED 1,452 per sqft, 5% 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. B703's AED 60,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 530 sqft | 605,000 | 1,142 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 640,000 | 1,073 | ||
| 27 May 202527 May 2025 | 592 sqft | 800,000 | 1,350 | ||
| 17 Apr 202517 April 2025 | 333 sqft | 540,000 | 1,620 |
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 7th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| B702 | 2-bed | 2,001 sqft | AED 1.33MAED 1,325,000 · Dec 2020December 2020 | ||
| B702A | Studio | 333 sqft | AED 540KAED 540,000 · Apr 2025April 2025 | 43,000 /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 |
B703, Loreto 3B in numbers
- Sold once: by DAMAC on 23 September 2014 for AED 660,250, or AED 1,452 per sqft.
- Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 32,000 in 2023 and recovered to AED 60,000 by February 2026.
- At AED 60,000 a year the gross yield on the 2014 price is 9.1%, before a service charge of about AED 4,800 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 25 February 2026.
Questions about B703, Loreto 3B
What did unit B703 last sell for?
AED 660,250 on 23 September 2014, sold by the developer: AED 1,452 per sqft for 455 sqft. It is the only registered sale of the unit.
What is the rent for unit B703?
AED 60,000 a year on the contract signed on 25 February 2026. The previous contract, from January 2025, was AED 40,000; the unit has been rented since September 2018.
How big is unit B703?
455 sqft (42.3 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit B703 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 B703, Loreto 3B
Starts from the last sale price (AED 660K, 23 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 660,250
- Deposit, UAE resident (20%)
- AED 132,050
- Deposit, non-resident (40%)
- AED 264,100
- Monthly over 25 years at 3.7%
- AED 2,701
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →