Studio · 604 sqftLoreto 1B, Damac Hills · 3rd floor · completed 2017

B303, Loreto 1B

Sold prices and rental history: sold 3 times, last in January 2026, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B303 · DLD and Ejari recordsUpdated 30 October 2026
Last soldAED 715K27 January 2026
Current rentAED 45K /yr30 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B303, Loreto 1B

What is B303 worth today?

Last sold for AED 715,000 in 2026

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30 Oct 2026RentedNew contract
AED 45,000/yr12 months · AED 75 per sqft
27 Jan 2026SoldReady
AED 715,000AED 1,183 per sqft
27 Jul 2023SoldReady
AED 839,000AED 1,389 per sqft
15 Jan 2020Sold by developerReady
AED 712,000AED 1,178 per sqft

Source: Dubai Land Department. Updated 30 October 2026.

Key facts

Type
Studio apartment
Size
604 sqft
Floor
3rd of 9
Parking
T2-P2-08
Developer
DAMAC
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 715K · January 2026
Building
Loreto 1B

About B303, Loreto 1B

B303 is a studio of 604 sqft on the 3rd floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 27 January 2026 for AED 715,000, or AED 1,183 per sqft, 12% below the AED 1,340 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 October 2026. The current contract, signed on 30 October 2026, is AED 45,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 8,300 a year.

Sales and rents for B303 over time

Sales
Unit B303, each saleTypical studio in Loreto 1B
500K750K2019202120232025Typical sale price by year: 2019 AED 659,500; 2020 AED 631,000; 2022 AED 350,000; 2023 AED 759,000; 2024 AED 525,000; 2025 AED 617,500Sold by developer, January 2020: AED 712,000 (AED 1,178 per sqft)Sold, July 2023: AED 839,000 (AED 1,389 per sqft)Sold, January 2026: AED 715,000 (AED 1,183 per sqft)

B303 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B303, each contractTypical studio in Loreto 1B
30K40K50K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 30,754; 2022 AED 30,800; 2023 AED 40,000; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 44,500New contract, October 2026: AED 45,000 a year

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

Studios in Loreto 1B, and where B303 sits

All 22 studios →

B303 last sold in January 2026 at AED 1,183 per sqft, 12% below what studios in Loreto 1B were fetching at the time (AED 1,340). Over the last 12 months studios sold for AED 715,000 to 778,560, around AED 1,409 per sqft, and rent for AED 40,000 to 65,000 a year. B303's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Oct 2026778,560
7 Nov 2025760,000
30 May 2025605,000
20 May 2025782,000
2 studio sales in the last 12 months

Loreto 1B

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,342
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
6.9%
Loreto 1B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Loreto 1B
Value
B3013-bedAED 3.45M · May 2025
B3021-bedAED 1M · Nov 2019
B304StudioAED 768K · Jan 2023
B305StudioAED 770K · May 2023
B3061-bedAED 1M · Mar 2020
B307StudioAED 750K · Aug 2023
B3081-bedAED 1.3M · Nov 2025
1–7 of 11

B303, Loreto 1B in numbers

  • Sold 3 times: first on 15 January 2020 for AED 712,000, last on 27 January 2026 for AED 715,000 (AED 1,183 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 8,300 a year (AED 13.82 per sqft).
  • Studios in Loreto 1B sold for AED 715,000–778,560 in the 12 months to November 2026; the building's median across all types is AED 1,342 per sqft.

Source: Dubai Land Department. Updated 30 October 2026.

Questions about B303, Loreto 1B

What did unit B303 last sell for?

AED 715,000 on 27 January 2026: AED 1,183 per sqft for 604 sqft. The unit has 3 registered sales; the first was AED 712,000 in January 2020.

What is the rent for unit B303?

AED 45,000 a year on the contract signed on 30 October 2026.

How big is unit B303?

604 sqft (56.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1B sold for AED 715,000 to 778,560 in the last 12 months, around AED 1,409 per sqft.

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Mortgage on B303, Loreto 1B

Starts from the last sale price (AED 715K, 27 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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