B606, Loreto 3B
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B606, Loreto 3B
What is B606 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 6th of 9
- Parking
- LP1-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 774K · January 2015
- Building
- Loreto 3B
About B606, Loreto 3B
B606 is a studio of 526 sqft on the 6th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 28 January 2015 for AED 774,250, or AED 1,473 per sqft, in line with the AED 1,501 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 42,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 5,600 a year.
Sales and rents for B606 over time
B606 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 B606 sits
All 24 studios →B606 last sold in January 2015 at AED 1,473 per sqft, in line with what studios in Loreto 3B were fetching at the time (AED 1,501). B606's AED 42,000 is in the lower 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 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 | |
| B605 | Studio | 500 sqft | AED 560KAED 560,000 · Nov 2024November 2024 | 48,239 /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 |
B606, Loreto 3B in numbers
- Sold once: by DAMAC on 28 January 2015 for AED 774,250, or AED 1,473 per sqft.
- Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 41,000 to AED 33,000 in 2023 and recovered to AED 42,000 by June 2024.
- At AED 42,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 5,600 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 25 June 2024.
Questions about B606, Loreto 3B
What did unit B606 last sell for?
AED 774,250 on 28 January 2015, sold by the developer: AED 1,473 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit B606?
AED 42,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 33,000; the unit has been rented since June 2018.
How big is unit B606?
526 sqft (48.9 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.
What is unit B606 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 B606, Loreto 3B
Starts from the last sale price (AED 774K, 28 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 774,250
- Deposit, UAE resident (20%)
- AED 154,850
- Deposit, non-resident (40%)
- AED 309,700
- Monthly over 25 years at 3.7%
- AED 3,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →