Studio · 486 sqftLoreto 3B, Damac Hills · 8th floor · completed 2017

B803, Loreto 3B

Sold prices and rental history: sold twice, last in October 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B803 · DLD and Ejari recordsUpdated 11 October 2018
Last soldAED 250K11 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B803, Loreto 3B

What is B803 worth today?

Last sold for AED 250,000 in 2018

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11 Oct 2018SoldReady
AED 250,000AED 513 per sqft
24 Sep 2014Sold by developerOff-plan
AED 660,250AED 1,357 per sqft

Source: Dubai Land Department. Updated 11 October 2018.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
P2-12
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 250K · October 2018
Building
Loreto 3B

About B803, Loreto 3B

B803 is a studio of 486 sqft on the 8th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 11 October 2018 for AED 250,000, or AED 513 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B803 over time

Sales
Unit B803, each saleTypical studio in Loreto 3B
250K500K750K2014201720202023Typical sale price by year: 2014 AED 678,775; 2015 AED 679,250; 2017 AED 796,000; 2024 AED 515,000Sold by developer, September 2014: AED 660,250 (AED 1,357 per sqft)Sold, October 2018: AED 250,000 (AED 513 per sqft)

B803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B803, 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 42,000

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 B803 sits

All 24 studios →
Recent studio salesUnit no.Price (AED)Summary
27 May 2025800,000
17 Apr 2025540,000
21 Nov 2024560,000
29 Aug 2024515,000
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 8th floor

All 84 units in Loreto 3B
Value
B801StudioAED 600K · Aug 2014
B801A1-bedAED 1.3M · Jul 2023
B8022-bedAED 2.1M · Sep 2024
B802AStudioAED 440K · Apr 2024
B8042-bedAED 1.76M · Jun 2018
B8051-bedAED 1.05M · Nov 2024
B8061-bedAED 1.23M · Jan 2015
1–7 of 10

B803, Loreto 3B in numbers

  • Sold twice: first on 24 September 2014 for AED 660,250, last on 11 October 2018 for AED 250,000 (AED 513 per sqft).

Source: Dubai Land Department. Updated 11 October 2018.

Questions about B803, Loreto 3B

What did unit B803 last sell for?

AED 250,000 on 11 October 2018: AED 513 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 660,250 in September 2014.

How big is unit B803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B803 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 B803, Loreto 3B

Starts from the last sale price (AED 250K, 11 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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