BuildingDamac Hills · DAMAC · 2017

Loreto 1B

Studios to three-beds in Damac Hills. 8 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 30 October 2026
Typical price per sqftAED 1,3428 sales
Typical saleAED 1.1M8 sales
Typical rentAED 75K /yrAED 93 per sqft
Typical yield6.9%AED 13.82/sqft charge

About Loreto 1B

Loreto 1B is a mid-rise residential building in the Loreto cluster of DAMAC Hills, a master community in Dubailand known for its expansive golf and park landscapes. Set alongside tree-lined avenues and open green space, the building offers a calmer suburban setting within reach of Dubai’s key employment and leisure districts. Homes in Loreto 1B are contemporary apartments ranging from studios to three-bedroom layouts. The tower rises seven floors and features a modern glass-led façade, with many units oriented to capture community greenery and golf course vistas. Interiors typically include balconies and open-plan living, while the building’s specification is in line with other recent apartment blocks in the community. Residents have access to on-site leisure facilities including a temperature-controlled outdoor swimming pool, a well-equipped gym, steam room and sauna, landscaped gardens, a children’s play area and a tennis court. Practicalities are covered with a staffed lobby, high-speed elevators and covered parking, and the building is pet-friendly. Day-to-day needs are met within DAMAC Hills, where you’ll find a community supermarket, cafés and casual dining, with additional retail and services a short drive away. Established schooling options in the immediate area include Jebel Ali School, with several nurseries nearby. Connectivity is straightforward by car via Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54). Public transport is available from local bus stops within the community, while the nearest Dubai Metro stations, such as Dubai Investment Park and Jumeirah Golf Estates, are typically a 15–20 minute drive depending on traffic. Popular attractions including Dubai Autodrome and Dubai Miracle Garden are also within easy driving distance, adding to the recreational appeal of the location.

84 apartments over 9 floors: 22 studios of 418 to 630 sqft, 40 one-beds of 787 to 1,294 sqft, 13 two-beds of 1,262 to 2,560 sqft and 9 three-beds of 1,619 to 3,907 sqft. The service charge is AED 13.82 per sqft a year.

8 apartments sold in the 12 months to October 2026, at a median of AED 1,342 per sqft. Most of the trading is in one-beds: 5 of the 8 sales, at AED 970,000 to 1,300,000. 52 rental contracts were registered over the same 12 months, at a typical AED 75,000 a year.

Developer
DAMAC
Completed
2017
Floors
9
Units
84
Unit types
Studio to 3-bed

Damac Hills, Dubai

Average prices in Loreto 1B

In Loreto 1B, typical sale prices over the last 12 months were around AED 747,000 for studios, AED 1,200,000 for one-beds and AED 3,350,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Loreto 1B

1,2001,4001,600May 2026Nov 20262025-11-26: AED 1,582, 1-bed, 818 sqft2026-01-27: AED 1,183, Studio, 604 sqft2026-03-05: AED 1,506, 1-bed, 797 sqft2026-05-04: AED 1,270, 1-bed, 787 sqft2026-05-15: AED 1,310, 2-bed, 2,555 sqft2026-06-11: AED 1,373, 1-bed, 946 sqft2026-07-03: AED 1,185, 1-bed, 818 sqft2026-10-14: AED 1,635, Studio, 476 sqftTrend: AED 1,362 to AED 1,400

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Loreto 1B

  • CompletedStudio · 476 sqft 14 Oct 2026AED 778,5601,635 /sqft
  • Completed1-bed · 818 sqft 03 Jul 2026AED 970,0001,185 /sqft
  • Completed1-bed · 946 sqft 11 Jun 2026AED 1,300,0001,374 /sqft
  • Completed2-bed · 2,555 sqft 15 May 2026AED 3,350,0001,311 /sqft
  • Completed1-bed · 786 sqft 04 May 2026AED 1,000,0001,271 /sqft
  • Completed1-bed · 796 sqft 05 Mar 2026AED 1,200,0001,507 /sqft
  • CompletedStudio · 603 sqft 27 Jan 2026AED 715,0001,184 /sqft
  • Completed1-bed · 818 sqft 26 Nov 2025AED 1,295,0001,582 /sqft
  • CompletedStudio · 418 sqft 07 Nov 2025AED 760,0001,816 /sqft
  • Completed1-bed · 786 sqft 05 Nov 2025AED 1,000,0001,271 /sqft

Over the last 12 months, Loreto 1B has recorded 8 apartment sales. Typical homes sold for around AED 1.1M (about AED 1,342 per sqft) with a median size of 807 sqft; most were one-beds, from roughly AED 715K to AED 3.35M.

1–10 of 127

Units in Loreto 1B

84 units
  • Unit B3013-bed · 3,211 sqftSold AED 3.45M, May 2025
  • Unit B3021-bed · 1,294 sqftSold AED 1M, Nov 2019
  • Unit B303Studio · 604 sqftSold AED 715K, Jan 2026
  • Unit B304Studio · 630 sqftSold AED 768K, Jan 2023
  • Unit B305Studio · 584 sqftSold AED 770K, May 2023
  • Unit B3061-bed · 851 sqftSold AED 1M, Mar 2020
  • Unit B307Studio · 539 sqftSold AED 750K, Aug 2023
  • Unit B3081-bed · 818 sqftSold AED 1.3M, Nov 2025
  • Unit B309Studio · 475 sqftSold AED 566K, Nov 2019
  • Unit B3101-bed · 856 sqftSold AED 923K, Jan 2020
1–10 of 84
Every unit in Loreto 1B, by number

By type: studios (22), one-beds (40), two-beds (13), three-beds (9).

Nearby in Damac Hills

All 45 →
BuildingSale /sqftYield
Loreto 1AAED 1,2377.1%
Golf Panorama Tower AAED 1,3316.6%
Orchid AAED 1,3006.5%
Loreto 2BAED 1,2827.0%
Golf Greens 2 Tower AAED 1,719
1–5 of 44 · nearest first

Loreto 1B in numbers

  • Across 8 DLD sales in the 12 months to October 2026, the median price in Loreto 1B was AED 1,342 per sqft and the typical home sold for about AED 1.1M.
  • Completed in 2017 by DAMAC; 9 floors of studios to three-beds; service charge AED 13.82 per sqft a year.
  • One-beds of 787 to 1,294 sqft sold for AED 970,000 to 1,300,000 between November 2025 and July 2026, a median AED 1,373 per sqft.
  • An one-bed of 787 to 1,294 sqft rents for AED 62,000 to 103,000 a year on the 28 contracts registered in the last 12 months.
  • Gross rental yield 6.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 30 October 2026.

Questions

How much does an one-bed in Loreto 1B cost?

5 one-beds sold in the 12 months to October 2026, for AED 970,000 to 1,300,000; the median was AED 1,200,000, or AED 1,373 per sqft.

How much is an one-bed for rent in Loreto 1B?

About AED 76,000 a year: that is the median of the 28 contracts for one-beds registered with Ejari in the 12 months to October 2026, from AED 62,000 to 103,000.

What is the rental yield in Loreto 1B?

About 6.9% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Loreto 1B?

AED 13.82 per sqft a year. For a typical 807 sqft home that is about AED 11,200 a year.

Who built Loreto 1B and when?

DAMAC; completed in 2017; 9 floors; 84 apartments.

How many apartments are there in Loreto 1B?

84, studios to three-beds. Each has its own page with its full sales and rental history.

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