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2-bed · 1,477 sqftLoreto 3B, Damac Hills · 3rd floor · completed 2017

B310, Loreto 3B

Sold prices and rental history: sold once, by the developer in August 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B310 · DLD and Ejari recordsUpdated 7 September 2023
Last soldAED 1.7M6 August 2018
Current rentAED 85K /yr7 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B310, Loreto 3B

What is B310 worth today?

Last sold for AED 1,698,000 in 2018

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7 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 58 per sqft
7 Sep 2022RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
7 Aug 2020RentedRenewal
AED 65,000/yr13 months · AED 44 per sqft
6 Aug 2018Sold by developerReady
AED 1,698,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 7 September 2023.

Key facts

Type
2-bed apartment
Size
1,477 sqft
Floor
3rd of 9
Parking
nan
Developer
DAMAC
Completed
2017
Service charge
AED 15,700 /yr
Last sold
AED 1.7M · August 2018
Building
Loreto 3B

About B310, Loreto 3B

B310 is a two-bedroom apartment of 1,477 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 6 August 2018 for AED 1,698,000, or AED 1,149 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 7 September 2023, is AED 85,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 15,700 a year.

Sales and rents for B310 over time

Sales
Unit B310, each saleTypical two-bed in Loreto 3B
1.6M1.8M20172019202120232025Typical sale price by year: 2017 AED 1,740,522; 2021 AED 1,526,500; 2022 AED 1,607,000; 2024 AED 1,820,000Sold by developer, August 2018: AED 1,698,000 (AED 1,149 per sqft)

B310 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B310, each contractTypical two-bed in Loreto 3B
100K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 82,000; 2020 AED 82,000; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 85,000; 2024 AED 118,603; 2025 AED 125,000Renewal, August 2020: AED 65,000 a yearRenewal, September 2022: AED 65,000 a yearRenewal, September 2023: AED 85,000 a year

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 B310 sits

All 19 2-beds →

Over the last 12 months two-beds sold for AED 2,800,000, around AED 1,156 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20252,800,000
25 Nov 20241,820,000
17 Sep 20242,100,000
26 Jun 20241,800,000
1 2-bed sale 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
B3031-bedAED 1.22M · Jul 2018
B304StudioAED 420K · May 2022
B305StudioAED 800K · May 2025
B306StudioAED 796K · Jun 2017
B3071-bedAED 1.01M · May 2017
1–7 of 10

B310, Loreto 3B in numbers

  • Sold once: by DAMAC on 6 August 2018 for AED 1,698,000, or AED 1,149 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 65,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 15,700 a year (AED 10.63 per sqft).
  • Two-beds in Loreto 3B sold for AED 2,800,000–2,800,000 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 7 September 2023.

Questions about B310, Loreto 3B

What did unit B310 last sell for?

AED 1,698,000 on 6 August 2018, sold by the developer: AED 1,149 per sqft for 1,477 sqft. It is the only registered sale of the unit.

What is the rent for unit B310?

AED 85,000 a year on the contract renewed on 7 September 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since August 2020.

How big is unit B310?

1,477 sqft (137.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B310 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 2,800,000 to 2,800,000 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on B310, Loreto 3B

Starts from the last sale price (AED 1.7M, 6 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,698,000
Deposit, UAE resident (20%)
AED 339,600
Deposit, non-resident (40%)
AED 679,200
Monthly over 25 years at 3.7%
AED 6,947

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