B406, Loreto 3B
Sold prices and rental history: sold once, by the developer in April 2017, 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 B406, Loreto 3B
What is B406 worth today?
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Source: Dubai Land Department. Updated 17 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 4th of 9
- Parking
- G-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,500 /yr
- Last sold
- AED 722K · April 2017
- Building
- Loreto 3B
About B406, Loreto 3B
B406 is a studio of 522 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 April 2017 for AED 722,000, or AED 1,384 per sqft.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 17 November 2024, is AED 52,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 5,500 a year.
Sales and rents for B406 over time
B406 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 B406 sits
All 24 studios →B406's AED 52,000 is in the upper half 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 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 | |
| B405 | Studio | 265 sqft | AED 788KAED 787,550 · Nov 2014November 2014 | 37,595 /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 |
B406, Loreto 3B in numbers
- Sold once: by DAMAC on 5 April 2017 for AED 722,000, or AED 1,384 per sqft.
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 33,000 in 2021 and recovered to AED 52,000 by November 2024.
- At AED 52,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 5,500 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 17 November 2024.
Questions about B406, Loreto 3B
What did unit B406 last sell for?
AED 722,000 on 5 April 2017, sold by the developer: AED 1,384 per sqft for 522 sqft. It is the only registered sale of the unit.
What is the rent for unit B406?
AED 52,000 a year on the contract signed on 17 November 2024. The previous contract, from July 2023, was AED 35,700; the unit has been rented since July 2019.
How big is unit B406?
522 sqft (48.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B406 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 B406, Loreto 3B
Starts from the last sale price (AED 722K, 5 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 722,000
- Deposit, UAE resident (20%)
- AED 144,400
- Deposit, non-resident (40%)
- AED 288,800
- Monthly over 25 years at 3.7%
- AED 2,954
Plus AED 35,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →