Studio · 454 sqftLoreto 3B, Damac Hills · 4th floor · completed 2017

B412, Loreto 3B

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B412 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 708K24 September 2014
Current rentAED 55K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B412, Loreto 3B

What is B412 worth today?

Last sold for AED 707,750 in 2014

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6 Dec 2025RentedNew contract
AED 55,000/yr12 months · AED 121 per sqft
6 Nov 2024RentedNew contract
AED 47,000/yr12 months · AED 103 per sqft
5 Nov 2023RentedNew contract
AED 46,000/yr12 months · AED 101 per sqft
1 Apr 2023RentedRenewal
AED 33,000/yr12 months · AED 73 per sqft
1 Mar 2021RentedNew contract
AED 25,846/yr13 months · AED 57 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr13 months · AED 53 per sqft
1 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
5 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
4th of 9
Parking
G-20
Developer
DAMAC
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 708K · September 2014
Building
Loreto 3B

About B412, Loreto 3B

B412 is a studio of 454 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 24 September 2014 for AED 707,750, or AED 1,557 per sqft, in line with the AED 1,512 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 6 December 2025, is AED 55,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 4,800 a year.

Sales and rents for B412 over time

Sales
Unit B412, each saleTypical studio in Loreto 3B
600K800K2014201720202023Typical sale price by year: 2014 AED 678,775; 2015 AED 679,250; 2017 AED 796,000; 2024 AED 515,000Sold by developer, September 2014: AED 707,750 (AED 1,557 per sqft)

B412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B412, each contractTypical studio in Loreto 3B
20K40K60K201820212024Typical rent by year: 2018 AED 36,000; 2019 AED 33,000; 2020 AED 27,000; 2021 AED 25,423; 2022 AED 29,500; 2023 AED 33,000; 2024 AED 37,000; 2025 AED 42,000New contract, September 2018: AED 36,000 a yearNew contract, April 2019: AED 35,000 a yearNew contract, October 2020: AED 24,000 a yearNew contract, March 2021: AED 25,846 a yearRenewal, April 2023: AED 33,000 a yearNew contract, November 2023: AED 46,000 a yearNew contract, November 2024: AED 47,000 a yearNew contract, December 2025: AED 55,000 a year

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 B412 sits

All 24 studios →

B412 last sold in September 2014 at AED 1,557 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,512). B412's AED 55,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
27 May 2025800,000
17 Apr 2025540,000
21 Nov 2024560,000
29 Aug 2024515,000
0 studio 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 4th floor

All 84 units in Loreto 3B
Value
B4012-bedAED 1.35M · Apr 2022
B4022-bedAED 1.51M · Jul 2021
B402AStudioAED 563K · Aug 2014
B4031-bedAED 1.05M · Jan 2015
B404StudioAED 728K · Nov 2014
B405StudioAED 788K · Nov 2014
B406StudioAED 722K · Apr 2017
1–7 of 12

B412, Loreto 3B in numbers

  • Sold once: by DAMAC on 24 September 2014 for AED 707,750, or AED 1,557 per sqft.
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 24,000 in 2020 and recovered to AED 55,000 by December 2025.
  • At AED 55,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 4,800 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 6 December 2025.

Questions about B412, Loreto 3B

What did unit B412 last sell for?

AED 707,750 on 24 September 2014, sold by the developer: AED 1,557 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit B412?

AED 55,000 a year on the contract signed on 6 December 2025. The previous contract, from November 2024, was AED 47,000; the unit has been rented since September 2018.

How big is unit B412?

454 sqft (42.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit B412 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 B412, Loreto 3B

Starts from the last sale price (AED 708K, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 707,750
Deposit, UAE resident (20%)
AED 141,550
Deposit, non-resident (40%)
AED 283,100
Monthly over 25 years at 3.7%
AED 2,896

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