B605, Loreto 3B
Sold prices and rental history: sold twice, last in November 2024, 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 B605, Loreto 3B
What is B605 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 6th of 9
- Parking
- T6-LP1-23
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,300 /yr
- Last sold
- AED 560K · November 2024
- Building
- Loreto 3B
About B605, Loreto 3B
B605 is a studio of 500 sqft on the 6th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 21 November 2024 for AED 560,000, or AED 1,119 per sqft, 7% below the AED 1,197 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 48,239 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 5,300 a year.
Sales and rents for B605 over time
B605 has sold twice; 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 B605 sits
All 24 studios →B605 last sold in November 2024 at AED 1,119 per sqft, 7% below what studios in Loreto 3B were fetching at the time (AED 1,197). B605's AED 48,239 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 | ||
| 29 Aug 202429 August 2024 | 430 sqft | 515,000 | 1,197 | ||
| 26 Apr 202426 April 2024 | 333 sqft | 440,000 | 1,319 |
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 6th floor
All 84 units in Loreto 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B601 | 1-bed | 1,247 sqft | AED 1.84MAED 1,838,250 · Jan 2015January 2015 | 100,000 /yr | |
| B602 | 2-bed | 1,645 sqft | AED 1.73MAED 1,726,000 · Feb 2019February 2019 | 100,000 /yr | |
| B602B | Studio | 330 sqft | AED 560KAED 559,550 · Aug 2014August 2014 | 40,000 /yr | |
| B603 | 1-bed | 830 sqft | AED 1.01MAED 1,010,000 · Feb 2026February 2026 | 60,600 /yr | |
| B604 | Studio | 496 sqft | AED 728KAED 727,700 · Sep 2014September 2014 | 22,059 /yr | |
| B606 | Studio | 526 sqft | AED 774KAED 774,250 · Jan 2015January 2015 | 42,000 /yr | |
| B607 | 1-bed | 837 sqft | AED 940KAED 940,000 · Jan 2025January 2025 | 62,960 /yr | |
| B608 | 1-bed | 883 sqft | AED 680KAED 680,000 · Oct 2022October 2022 | 108,000 /yr | |
| B609 | 1-bed | 848 sqft | AED 705KAED 705,000 · Jun 2022June 2022 | 42,000 /yr | |
| B610 | 1-bed | 1,021 sqft | AED 1.4MAED 1,403,000 · Apr 2017April 2017 | 72,000 /yr | |
| B611 | 2-bed | 1,505 sqft | AED 1.82MAED 1,820,000 · Nov 2024November 2024 | 117,206 /yr | |
| B612 | 1-bed | 800 sqft | AED 1.05MAED 1,051,650 · Sep 2014September 2014 | 80,000 /yr |
B605, Loreto 3B in numbers
- Sold twice: first on 4 December 2014 for AED 752,400, last on 21 November 2024 for AED 560,000 (AED 1,119 per sqft).
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2022 and recovered to AED 48,239 by March 2025.
- At AED 48,239 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 5,300 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 1 March 2025.
Questions about B605, Loreto 3B
What did unit B605 last sell for?
AED 560,000 on 21 November 2024: AED 1,119 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 752,400 in December 2014.
What is the rent for unit B605?
AED 48,239 a year on the contract signed on 1 March 2025. The previous contract, from February 2024, was AED 34,100; the unit has been rented since March 2019.
How big is unit B605?
500 sqft (46.5 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.
What is unit B605 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 B605, Loreto 3B
Starts from the last sale price (AED 560K, 21 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →