2-bed · 1,617 sqftLoreto 3B, Damac Hills · 7th floor · completed 2017

B704, Loreto 3B

Sold prices and rental history: sold once, by the developer in August 2022, 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 B704 · DLD and Ejari recordsUpdated 9 August 2022

Last soldAED 1.41M9 August 2022

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Today's valuefree after one verification

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Property timeline for B704, Loreto 3B

Today

What is B704 worth today?

Last sold for AED 1,410,240 in 2022

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9 Aug 2022

9 Aug 2022Sold by developerReady

AED 1,410,240AED 872 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type: 2-bed apartment
Size: 1,617 sqft
Floor: 7th of 9
Parking: T6-UP1-15
Developer: DAMAC
Completed: 2017
Service charge: AED 17,200 /yr
Last sold: AED 1.41M · August 2022
Building: Loreto 3B

About B704, Loreto 3B

B704 is a two-bedroom apartment of 1,617 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 9 August 2022 for AED 1,410,240, or AED 872 per sqft, in line with the AED 872 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B704 over time

Sales

Unit B704, each saleTypical two-bed in Loreto 3B

B704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit B704, 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 B704 sits

All 19 2-beds →

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

B704 last sold in August 2022 at AED 872 per sqft, in line with what two-beds in Loreto 3B were fetching at the time (AED 872). 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
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
B703	Studio	455 sqft	AED 660KAED 660,250 · Sep 2014September 2014	60,000 /yr
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

B704, Loreto 3B in numbers

Sold once: by DAMAC on 9 August 2022 for AED 1,410,240, or AED 872 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 9 August 2022.

Questions about B704, Loreto 3B

What did unit B704 last sell for?

AED 1,410,240 on 9 August 2022, sold by the developer: AED 872 per sqft for 1,617 sqft. It is the only registered sale of the unit.

How big is unit B704?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B704 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 B704, Loreto 3B

Starts from the last sale price (AED 1.41M, 9 August 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,410,240
Deposit, UAE resident (20%): AED 282,048
Deposit, non-resident (40%): AED 564,096
Monthly over 25 years at 3.7%: AED 5,770

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