1-bed · 1,302 sqftLoreto 3B, Damac Hills · 8th floor · completed 2017

B801A, Loreto 3B

Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B801A · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 1.3M27 July 2023
Current rentAED 60K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B801A, Loreto 3B

What is B801A worth today?

Last sold for AED 1,298,830 in 2023

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27 Jul 2023Sold by developerReady
AED 1,298,830AED 997 per sqft
20 Aug 2021RentedRenewal
AED 60,000/yr12 months · AED 46 per sqft
20 Jul 2020RentedNew contract
AED 60,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
1-bed apartment
Size
1,302 sqft
Floor
8th of 9
Parking
T6-P2-8
Developer
DAMAC
Completed
2017
Service charge
AED 13,800 /yr
Last sold
AED 1.3M · July 2023
Building
Loreto 3B

About B801A, Loreto 3B

B801A is a one-bedroom apartment of 1,302 sqft on the 8th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 27 July 2023 for AED 1,298,830, or AED 997 per sqft, in line with the AED 972 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 20 August 2021, is AED 60,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for B801A over time

Sales
Unit B801A, each saleTypical one-bed in Loreto 3B
1M1.25M20142017202020232026Typical 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, July 2023: AED 1,298,830 (AED 997 per sqft)

B801A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B801A, each contractTypical one-bed in Loreto 3B
60K80K2018202120242027Typical 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 yearRenewal, August 2021: AED 60,000 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 B801A sits

All 36 1-beds →

B801A last sold in July 2023 at AED 997 per sqft, in line with what one-beds in Loreto 3B were fetching at the time (AED 972). 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. B801A's AED 60,000 is at the bottom 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 8th floor

All 84 units in Loreto 3B
Value
B801StudioAED 600K · Aug 2014
B8022-bedAED 2.1M · Sep 2024
B802AStudioAED 440K · Apr 2024
B803StudioAED 250K · Oct 2018
B8042-bedAED 1.76M · Jun 2018
B8051-bedAED 1.05M · Nov 2024
B8061-bedAED 1.23M · Jan 2015
1–7 of 10

B801A, Loreto 3B in numbers

  • Sold once: by DAMAC on 27 July 2023 for AED 1,298,830, or AED 997 per sqft.
  • Rented since July 2020 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 13,800 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 27 July 2023.

Questions about B801A, Loreto 3B

What did unit B801A last sell for?

AED 1,298,830 on 27 July 2023, sold by the developer: AED 997 per sqft for 1,302 sqft. It is the only registered sale of the unit.

What is the rent for unit B801A?

AED 60,000 a year on the contract renewed on 20 August 2021. The previous contract, from July 2020, was AED 60,000.

How big is unit B801A?

1,302 sqft (121.0 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B801A 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 B801A, Loreto 3B

Starts from the last sale price (AED 1.3M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,298,830
Deposit, UAE resident (20%)
AED 259,766
Deposit, non-resident (40%)
AED 519,532
Monthly over 25 years at 3.7%
AED 5,314

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