B708, Loreto 3B
Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B708, Loreto 3B
What is B708 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,556 sqft
- Floor
- 7th of 9
- Parking
- T6-UP1-38
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.32M · August 2021
- Building
- Loreto 3B
About B708, Loreto 3B
B708 is a two-bedroom apartment of 1,556 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 22 August 2021 for AED 1,319,878, or AED 847 per sqft, in line with the AED 847 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 150,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 16,500 a year.
Sales and rents for B708 over time
B708 has sold once; 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 B708 sits
All 19 2-beds →B708 last sold in August 2021 at AED 847 per sqft, in line with what two-beds in Loreto 3B were fetching at the time (AED 847). 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. B708's AED 150,000 is at the top 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 | ||
| 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 |
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 | |
| 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 | |
| B709 | 1-bed | 777 sqft | AED 1.1MAED 1,098,200 · Dec 2014December 2014 | 75,000 /yr |
B708, Loreto 3B in numbers
- Sold once: by DAMAC on 22 August 2021 for AED 1,319,878, or AED 847 per sqft.
- Rented since July 2021 on 7 Ejari contracts, from AED 84,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2021 price is 11.4%, before a service charge of about AED 16,500 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 15 July 2026.
Questions about B708, Loreto 3B
What did unit B708 last sell for?
AED 1,319,878 on 22 August 2021, sold by the developer: AED 847 per sqft for 1,556 sqft. It is the only registered sale of the unit.
What is the rent for unit B708?
AED 150,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 150,000; the unit has been rented since July 2021.
How big is unit B708?
1,556 sqft (144.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B708 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 B708, Loreto 3B
Starts from the last sale price (AED 1.32M, 22 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,319,878
- Deposit, UAE resident (20%)
- AED 263,976
- Deposit, non-resident (40%)
- AED 527,951
- Monthly over 25 years at 3.7%
- AED 5,400
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →