Studio · 333 sqftLoreto 3B, Damac Hills · 7th floor · completed 2017

B702A, Loreto 3B

Sold prices and rental history: sold twice, last in April 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B702A · DLD and Ejari recordsUpdated 17 April 2025
Last soldAED 540K17 April 2025
Current rentAED 24K /yr30 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B702A, Loreto 3B

What is B702A worth today?

Last sold for AED 540,000 in 2025

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17 Apr 2025SoldReady
AED 540,000AED 1,620 per sqft
30 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 72 per sqft
5 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 90 per sqft
1 Jul 2018RentedNew contract
AED 35,000/yr12 months · AED 105 per sqft
24 Aug 2014Sold by developerOff-plan
AED 533,900AED 1,602 per sqft

Source: Dubai Land Department. Updated 17 April 2025.

Key facts

Type
Studio apartment
Size
333 sqft
Floor
7th of 9
Parking
T6-UP1-13
Developer
DAMAC
Completed
2017
Service charge
AED 3,500 /yr
Last sold
AED 540K · April 2025
Building
Loreto 3B

About B702A, Loreto 3B

B702A is a studio of 333 sqft on the 7th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 17 April 2025 for AED 540,000, or AED 1,620 per sqft, 29% above the AED 1,258 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 30 July 2020, is AED 24,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 3,500 a year.

Sales and rents for B702A over time

Sales
Unit B702A, 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, August 2014: AED 533,900 (AED 1,602 per sqft)Sold, April 2025: AED 540,000 (AED 1,620 per sqft)

B702A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B702A, each contractTypical studio in Loreto 3B
30K40K20182020202220242026Typical 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, July 2018: AED 35,000 a yearNew contract, September 2019: AED 30,000 a yearNew contract, July 2020: AED 24,000 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 B702A sits

All 24 studios →

B702A last sold in April 2025 at AED 1,620 per sqft, 29% above what studios in Loreto 3B were fetching at the time (AED 1,258). B702A's AED 24,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 May 2025800,000
21 Nov 2024560,000
29 Aug 2024515,000
26 Apr 2024440,000
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 7th floor

All 84 units in Loreto 3B
Value
B701StudioAED 265K · May 2019
B701A1-bedAED 1.4M · Jan 2025
B7022-bedAED 1.33M · Dec 2020
B703StudioAED 660K · Sep 2014
B7042-bedAED 1.41M · Aug 2022
B7051-bedAED 1.13M · May 2025
B7061-bedAED 620K · Apr 2021
1–7 of 10

B702A, Loreto 3B in numbers

  • Sold twice: first on 24 August 2014 for AED 533,900, last on 17 April 2025 for AED 540,000 (AED 1,620 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 35,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 3,500 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 17 April 2025.

Questions about B702A, Loreto 3B

What did unit B702A last sell for?

AED 540,000 on 17 April 2025: AED 1,620 per sqft for 333 sqft. The unit has 2 registered sales; the first was AED 533,900 in August 2014.

What is the rent for unit B702A?

AED 24,000 a year on the contract signed on 30 July 2020. The previous contract, from September 2019, was AED 30,000; the unit has been rented since July 2018.

How big is unit B702A?

333 sqft (30.9 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.

What is unit B702A 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 B702A, Loreto 3B

Starts from the last sale price (AED 540K, 17 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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