1-bed · 885 sqftLoreto 3B, Damac Hills · 7th floor · completed 2017

B706, Loreto 3B

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B706 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 620K6 April 2021
Current rentAED 78K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B706, Loreto 3B

What is B706 worth today?

Last sold for AED 620,000 in 2021

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15 Aug 2025RentedNew contract
AED 78,000/yr12 months · AED 88 per sqft
10 Jun 2023RentedRenewal
AED 52,500/yr12 months · AED 59 per sqft
27 May 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
6 Apr 2021SoldReady
AED 620,000AED 700 per sqft
11 Apr 2020RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
23 Sep 2018SoldReady
AED 710,000AED 801 per sqft
10 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,177,050AED 1,329 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
7th of 9
Parking
UP1-17
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 620K · April 2021
Building
Loreto 3B

About B706, Loreto 3B

B706 is a one-bedroom apartment of 885 sqft on the 7th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 6 April 2021 for AED 620,000, or AED 700 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 August 2025, is AED 78,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 9,400 a year.

Sales and rents for B706 over time

Sales
Unit B706, each saleTypical one-bed in Loreto 3B
1M20142017202020232026Typical sale price by year: 2014 AED 1,111,025; 2015 AED 1,169,450; 2017 AED 1,007,000; 2021 AED 846,000; 2022 AED 855,000; 2023 AED 840,000; 2024 AED 1,050,000; 2025 AED 1,112,500Sold by developer, August 2014: AED 1,177,050 (AED 1,329 per sqft)Sold, September 2018: AED 710,000 (AED 801 per sqft)Sold, April 2021: AED 620,000 (AED 700 per sqft)

B706 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B706, each contractTypical one-bed in Loreto 3B
40K60K80K201820212024Typical rent by year: 2018 AED 64,000; 2019 AED 57,000; 2020 AED 47,000; 2021 AED 47,000; 2022 AED 52,475; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 77,000New contract, June 2018: AED 65,000 a yearNew contract, April 2020: AED 52,000 a yearNew contract, May 2021: AED 45,000 a yearRenewal, June 2023: AED 52,500 a yearNew contract, August 2025: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Loreto 3B, and where B706 sits

All 36 1-beds →

Over the last 12 months one-beds sold for AED 1,010,000 to 1,624,000, around AED 1,403 per sqft, and rent for AED 70,000 to 108,000 a year. B706's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,010,000
24 Dec 20251,624,000
26 May 20251,125,000
1 May 2025990,000
2 1-bed 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
B702AStudioAED 540K · Apr 2025
B703StudioAED 660K · Sep 2014
B7042-bedAED 1.41M · Aug 2022
B7051-bedAED 1.13M · May 2025
1–7 of 10

B706, Loreto 3B in numbers

  • Sold 3 times: first on 24 August 2014 for AED 1,177,050, last on 6 April 2021 for AED 620,000 (AED 700 per sqft).
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 78,000 by August 2025.
  • At AED 78,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 9,400 a year (AED 10.63 per sqft).
  • One-beds in Loreto 3B sold for AED 1,010,000–1,624,000 in the 12 months to November 2026; the building's median across all types is AED 1,216 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about B706, Loreto 3B

What did unit B706 last sell for?

AED 620,000 on 6 April 2021: AED 700 per sqft for 885 sqft. The unit has 3 registered sales; the first was AED 1,177,050 in August 2014.

What is the rent for unit B706?

AED 78,000 a year on the contract signed on 15 August 2025. The previous contract, from June 2023, was AED 52,500; the unit has been rented since June 2018.

How big is unit B706?

885 sqft (82.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 3B sold for AED 1,010,000 to 1,624,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on B706, Loreto 3B

Starts from the last sale price (AED 620K, 6 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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