2-bed · 1,695 sqftLoreto 3B, Damac Hills · 8th floor · completed 2017

B802, Loreto 3B

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B802 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 2.1M17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B802, Loreto 3B

What is B802 worth today?

Last sold for AED 2,100,000 in 2024

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17 Sep 2024SoldReady
AED 2,100,000AED 1,239 per sqft
27 Apr 2022Sold by developerReady
AED 1,607,000AED 948 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
2-bed apartment
Size
1,695 sqft
Floor
8th of 9
Parking
T6-P2-10
Developer
DAMAC
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 2.1M · September 2024
Building
Loreto 3B

About B802, Loreto 3B

B802 is a two-bedroom apartment of 1,695 sqft on the 8th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 17 September 2024 for AED 2,100,000, or AED 1,239 per sqft, in line with the AED 1,221 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B802 over time

Sales
Unit B802, each saleTypical two-bed in Loreto 3B
1.5M2M201720202023Typical sale price by year: 2017 AED 1,740,522; 2021 AED 1,526,500; 2022 AED 1,607,000; 2024 AED 1,820,000Sold by developer, April 2022: AED 1,607,000 (AED 948 per sqft)Sold, September 2024: AED 2,100,000 (AED 1,239 per sqft)

B802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B802, each contractTypical two-bed in Loreto 3B
75K100K125K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 82,000; 2020 AED 82,000; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 85,000; 2024 AED 118,603; 2025 AED 125,000

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

2-beds in Loreto 3B, and where B802 sits

All 19 2-beds →

B802 last sold in September 2024 at AED 1,239 per sqft, in line with what two-beds in Loreto 3B were fetching at the time (AED 1,221). Over the last 12 months two-beds sold for AED 2,800,000, around AED 1,156 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20252,800,000
25 Nov 20241,820,000
26 Jun 20241,800,000
13 May 20241,600,000
1 2-bed sale 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 8th floor

All 84 units in Loreto 3B
Value
B801StudioAED 600K · Aug 2014
B801A1-bedAED 1.3M · Jul 2023
B802AStudioAED 440K · Apr 2024
B803StudioAED 250K · Oct 2018
B8042-bedAED 1.76M · Jun 2018
B8051-bedAED 1.05M · Nov 2024
B8061-bedAED 1.23M · Jan 2015
1–7 of 10

B802, Loreto 3B in numbers

  • Sold twice: first on 27 April 2022 for AED 1,607,000, last on 17 September 2024 for AED 2,100,000 (AED 1,239 per sqft).
  • Two-beds in Loreto 3B sold for AED 2,800,000–2,800,000 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 17 September 2024.

Questions about B802, Loreto 3B

What did unit B802 last sell for?

AED 2,100,000 on 17 September 2024: AED 1,239 per sqft for 1,695 sqft. The unit has 2 registered sales; the first was AED 1,607,000 in April 2022.

How big is unit B802?

1,695 sqft (157.5 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 3B sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on B802, Loreto 3B

Starts from the last sale price (AED 2.1M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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