1-bed · 777 sqftLoreto 3B, Damac Hills · 8th floor · completed 2017

B809, Loreto 3B

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B809 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 1.1M4 December 2014
Current rentAED 48K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B809, Loreto 3B

What is B809 worth today?

Last sold for AED 1,098,200 in 2014

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7 Nov 2022RentedRenewal
AED 48,300/yr12 months · AED 62 per sqft
7 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
7 Nov 2020RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
8 Nov 2019RentedRenewal
AED 55,148/yr12 months · AED 71 per sqft
8 Nov 2018RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
4 Dec 2014Sold by developerOff-plan
AED 1,098,200AED 1,412 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
8th of 9
Parking
P2-18
Developer
DAMAC
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 1.1M · December 2014
Building
Loreto 3B

About B809, Loreto 3B

B809 is a one-bedroom apartment of 777 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 4 December 2014 for AED 1,098,200, or AED 1,412 per sqft, 7% above the AED 1,315 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 48,300 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 8,300 a year.

Sales and rents for B809 over time

Sales
Unit B809, each saleTypical one-bed in Loreto 3B
800K1M1.2M20142017202020232026Typical 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, December 2014: AED 1,098,200 (AED 1,412 per sqft)

B809 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B809, each contractTypical one-bed in Loreto 3B
40K60K80K2018202120242027Typical 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, November 2018: AED 55,000 a yearRenewal, November 2019: AED 55,148 a yearRenewal, November 2020: AED 42,000 a yearRenewal, November 2021: AED 42,000 a yearRenewal, November 2022: AED 48,300 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 B809 sits

All 36 1-beds →

B809 last sold in December 2014 at AED 1,412 per sqft, 7% above what one-beds in Loreto 3B were fetching at the time (AED 1,315). 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. B809's AED 48,300 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
B801A1-bedAED 1.3M · Jul 2023
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
1–7 of 10

B809, Loreto 3B in numbers

  • Sold once: by DAMAC on 4 December 2014 for AED 1,098,200, or AED 1,412 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2021 and recovered to AED 48,300 by November 2022.
  • At AED 48,300 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 8,300 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 7 November 2022.

Questions about B809, Loreto 3B

What did unit B809 last sell for?

AED 1,098,200 on 4 December 2014, sold by the developer: AED 1,412 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit B809?

AED 48,300 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 42,000; the unit has been rented since November 2018.

How big is unit B809?

777 sqft (72.2 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B809 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 B809, Loreto 3B

Starts from the last sale price (AED 1.1M, 4 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,098,200
Deposit, UAE resident (20%)
AED 219,640
Deposit, non-resident (40%)
AED 439,280
Monthly over 25 years at 3.7%
AED 4,493

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