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1-bed · 1,314 sqftLoreto 3B, Damac Hills · 3rd floor · completed 2017

B303, Loreto 3B

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

Unit B303 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 1.22M15 July 2018
Current rentAED 95K /yr24 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B303, Loreto 3B

What is B303 worth today?

Last sold for AED 1,222,000 in 2018

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24 May 2024RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft
1 Feb 2023RentedRenewal
AED 52,500/yr12 months · AED 40 per sqft
1 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
1 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 37 per sqft
28 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
12 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
15 Jul 2018Sold by developerOff-plan
AED 1,222,000AED 929 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
1,314 sqft
Floor
3rd of 9
Parking
T6-B-14
Developer
DAMAC
Completed
2017
Service charge
AED 14,000 /yr
Last sold
AED 1.22M · July 2018
Building
Loreto 3B

About B303, Loreto 3B

B303 is a one-bedroom apartment of 1,314 sqft on the 3rd floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 15 July 2018 for AED 1,222,000, or AED 929 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 24 May 2024, is AED 95,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 14,000 a year.

Sales and rents for B303 over time

Sales
Unit B303, 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, July 2018: AED 1,222,000 (AED 929 per sqft)

B303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B303, each contractTypical one-bed in Loreto 3B
50K75K100K20182020202220242026Typical rent by year: 2018 AED 64,000; 2019 AED 57,000; 2020 AED 47,000; 2021 AED 47,000; 2022 AED 52,475; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 77,000New contract, October 2018: AED 65,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, February 2021: AED 48,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 52,500 a yearNew contract, May 2024: AED 95,000 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 B303 sits

All 36 1-beds →

Over the last 12 months one-beds sold for AED 1,010,000 to 1,624,000, around AED 1,403 per sqft, and rent for AED 70,000 to 108,000 a year. B303's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,010,000
24 Dec 20251,624,000
26 May 20251,125,000
1 May 2025990,000
2 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,216
Typical sale
AED 1.62M
Typical rent
AED 71K /yr
Typical yield
8.2%
Loreto 3B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 3B
Value
B3012-bedAED 1.65M · Mar 2022
B3023-bedAED 3.57M · Jul 2024
B304StudioAED 420K · May 2022
B305StudioAED 800K · May 2025
B306StudioAED 796K · Jun 2017
B3071-bedAED 1.01M · May 2017
B308AED 640K · Nov 2025
1–7 of 10

B303, Loreto 3B in numbers

  • Sold once: by DAMAC on 15 July 2018 for AED 1,222,000, or AED 929 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 48,000 in 2021 and recovered to AED 95,000 by May 2024.
  • At AED 95,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 14,000 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 1,216 per sqft.

Source: Dubai Land Department. Updated 24 May 2024.

Questions about B303, Loreto 3B

What did unit B303 last sell for?

AED 1,222,000 on 15 July 2018, sold by the developer: AED 929 per sqft for 1,314 sqft. It is the only registered sale of the unit.

What is the rent for unit B303?

AED 95,000 a year on the contract signed on 24 May 2024. The previous contract, from February 2023, was AED 52,500; the unit has been rented since October 2018.

How big is unit B303?

1,314 sqft (122.1 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B303 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 1,403 per sqft.

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Mortgage on B303, Loreto 3B

Starts from the last sale price (AED 1.22M, 15 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,222,000
Deposit, UAE resident (20%)
AED 244,400
Deposit, non-resident (40%)
AED 488,800
Monthly over 25 years at 3.7%
AED 5,000

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