B304, Loreto 3B
Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B304, Loreto 3B
What is B304 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- Studio apartment
- Size
- 581 sqft
- Floor
- 3rd of 9
- Parking
- B-15
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,200 /yr
- Last sold
- AED 420K · May 2022
- Building
- Loreto 3B
About B304, Loreto 3B
B304 is a studio of 581 sqft on the 3rd floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 20 May 2022 for AED 420,000, or AED 722 per sqft.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 March 2021, is AED 24,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 6,200 a year.
Sales and rents for B304 over time
B304 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 3B, and where B304 sits
All 24 studios →B304's AED 24,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 May 202527 May 2025 | 592 sqft | 800,000 | 1,350 | ||
| 17 Apr 202517 April 2025 | 333 sqft | 540,000 | 1,620 | ||
| 21 Nov 202421 November 2024 | 500 sqft | 560,000 | 1,119 | ||
| 29 Aug 202429 August 2024 | 430 sqft | 515,000 | 1,197 |
Loreto 3B
Building84 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%
Other units on the 3rd floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B301 | 2-bed | 1,917 sqft | AED 1.65MAED 1,652,000 · Mar 2022March 2022 | ||
| B302 | 3-bed | 3,653 sqft | AED 3.57MAED 3,567,000 · Jul 2024July 2024 | 175,000 /yr | |
| B303 | 1-bed | 1,314 sqft | AED 1.22MAED 1,222,000 · Jul 2018July 2018 | 95,000 /yr | |
| B305 | Studio | 592 sqft | AED 800KAED 800,000 · May 2025May 2025 | ||
| B306 | Studio | 580 sqft | AED 796KAED 796,000 · Jun 2017June 2017 | 33,495 /yr | |
| B307 | 1-bed | 867 sqft | AED 1.01MAED 1,007,000 · May 2017May 2017 | 80,000 /yr | |
| B308 | 596 sqft | AED 640KAED 640,000 · Nov 2025November 2025 | 36,000 /yr | ||
| B309 | 1-bed | 982 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 77,000 /yr | |
| B310 | 2-bed | 1,477 sqft | AED 1.7MAED 1,698,000 · Aug 2018August 2018 | 85,000 /yr | |
| B311 | Studio | 430 sqft | AED 515KAED 515,000 · Aug 2024August 2024 | 24,000 /yr |
B304, Loreto 3B in numbers
- Sold 3 times: first on 13 June 2017 for AED 805,000, last on 20 May 2022 for AED 420,000 (AED 722 per sqft).
- Rented since September 2018 on 3 Ejari contracts, from AED 36,000 to AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 20 May 2022.
Questions about B304, Loreto 3B
What did unit B304 last sell for?
AED 420,000 on 20 May 2022: AED 722 per sqft for 581 sqft. The unit has 3 registered sales; the first was AED 805,000 in June 2017.
What is the rent for unit B304?
AED 24,000 a year on the contract signed on 25 March 2021. The previous contract, from November 2019, was AED 33,000; the unit has been rented since September 2018.
How big is unit B304?
581 sqft (54.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on B304, Loreto 3B
Starts from the last sale price (AED 420K, 20 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →