B405, Loreto 3B
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B405, Loreto 3B
What is B405 worth today?
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Source: Dubai Land Department. Updated 9 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 265 sqft
- Floor
- 4th of 9
- Parking
- B-29
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 2,800 /yr
- Last sold
- AED 788K · November 2014
- Building
- Loreto 3B
About B405, Loreto 3B
B405 is a studio of 265 sqft on the 4th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 5 November 2014 for AED 787,550, or AED 1,487 per sqft, in line with the AED 1,486 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 9 February 2025, is AED 37,595 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 2,800 a year.
Sales and rents for B405 over time
B405 has sold once; 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 B405 sits
All 24 studios →B405 last sold in November 2014 at AED 1,487 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,486). Over the last 12 months studios sold for AED 640,000, around AED 1,073 per sqft, and rent for AED 40,000 to 55,000 a year. B405's AED 37,595 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. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,186
- Typical sale
- AED 1.32M
- Typical rent
- AED 71K /yr
- Typical yield
- 8.4%
Other units on the 4th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 2-bed | 1,457 sqft | AED 1.35MAED 1,346,000 · Apr 2022April 2022 | ||
| B402 | 2-bed | 1,625 sqft | AED 1.51MAED 1,509,000 · Jul 2021July 2021 | 98,000 /yr | |
| B402A | Studio | 321 sqft | AED 563KAED 563,350 · Aug 2014August 2014 | 43,000 /yr | |
| B403 | 1-bed | 808 sqft | AED 1.05MAED 1,050,000 · Jan 2015January 2015 | 70,000 /yr | |
| B404 | Studio | 490 sqft | AED 728KAED 727,700 · Nov 2014November 2014 | 45,000 /yr | |
| B406 | Studio | 522 sqft | AED 722KAED 722,000 · Apr 2017April 2017 | 52,000 /yr | |
| B407 | 1-bed | 841 sqft | AED 1.07MAED 1,068,750 · Sep 2014September 2014 | 76,000 /yr | |
| B408 | 1-bed | 886 sqft | AED 1.17MAED 1,166,600 · Sep 2014September 2014 | 63,000 /yr | |
| B409 | 1-bed | 852 sqft | AED 1.12MAED 1,123,850 · Aug 2014August 2014 | 80,000 /yr | |
| B410 | 1-bed | 1,021 sqft | AED 1.62MAED 1,624,000 · Dec 2025December 2025 | ||
| B411 | 2-bed | 1,456 sqft | AED 1.71MAED 1,710,000 · Apr 2017April 2017 | 130,000 /yr | |
| B412 | Studio | 454 sqft | AED 708KAED 707,750 · Sep 2014September 2014 | 55,000 /yr |
B405, Loreto 3B in numbers
- Sold once: by DAMAC on 5 November 2014 for AED 787,550, or AED 1,487 per sqft.
- Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 31,000 in 2022 and recovered to AED 37,595 by February 2025.
- At AED 37,595 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 2,800 a year (AED 10.63 per sqft).
- Studios in Loreto 3B sold for AED 640,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,186 per sqft.
Source: Dubai Land Department. Updated 9 February 2025.
Questions about B405, Loreto 3B
What did unit B405 last sell for?
AED 787,550 on 5 November 2014, sold by the developer: AED 1,487 per sqft for 265 sqft. It is the only registered sale of the unit.
What is the rent for unit B405?
AED 37,595 a year on the contract renewed on 9 February 2025. The previous contract, from February 2024, was AED 35,805; the unit has been rented since January 2019.
How big is unit B405?
265 sqft (24.6 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 3B sold for AED 640,000 to 640,000 in the last 12 months, around AED 1,073 per sqft.
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Mortgage on B405, Loreto 3B
Starts from the last sale price (AED 788K, 5 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 787,550
- Deposit, UAE resident (20%)
- AED 157,510
- Deposit, non-resident (40%)
- AED 315,020
- Monthly over 25 years at 3.7%
- AED 3,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →