B305, Loreto 1B
Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B305, Loreto 1B
What is B305 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 584 sqft
- Floor
- 3rd of 9
- Parking
- P2-10
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 770K · May 2023
- Building
- Loreto 1B
About B305, Loreto 1B
B305 is a studio of 584 sqft on the 3rd floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 14 May 2023 for AED 770,000, or AED 1,317 per sqft, 8% above the AED 1,218 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 50,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 8,100 a year.
Sales and rents for B305 over time
B305 has sold once; the dashed line is the studio median of each year in the building.
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 B305 sits
All 22 studios →B305 last sold in May 2023 at AED 1,317 per sqft, 8% above what studios in Loreto 1B were fetching at the time (AED 1,218). 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. B305's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 476 sqft | 778,560 | 1,635 | ||
| 27 Jan 202627 January 2026 | 604 sqft | 715,000 | 1,183 | ||
| 7 Nov 20257 November 2025 | 418 sqft | 760,000 | 1,816 | ||
| 30 May 202530 May 2025 | 476 sqft | 605,000 | 1,270 |
Loreto 1B
Building84 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%
Other units on the 3rd floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B301 | 3-bed | 3,211 sqft | AED 3.45MAED 3,450,000 · May 2025May 2025 | 200,000 /yr | |
| B302 | 1-bed | 1,294 sqft | AED 1MAED 1,001,000 · Nov 2019November 2019 | 54,853 /yr | |
| B303 | Studio | 604 sqft | AED 715KAED 715,000 · Jan 2026January 2026 | 45,000 /yr | |
| B304 | Studio | 630 sqft | AED 768KAED 768,000 · Jan 2023January 2023 | ||
| B306 | 1-bed | 851 sqft | AED 1MAED 1,000,000 · Mar 2020March 2020 | ||
| B307 | Studio | 539 sqft | AED 750KAED 750,000 · Aug 2023August 2023 | 44,000 /yr | |
| B308 | 1-bed | 818 sqft | AED 1.3MAED 1,295,000 · Nov 2025November 2025 | ||
| B309 | Studio | 475 sqft | AED 566KAED 566,440 · Nov 2019November 2019 | 48,000 /yr | |
| B310 | 1-bed | 856 sqft | AED 923KAED 922,760 · Jan 2020January 2020 | ||
| B311 | 1-bed | 946 sqft | AED 1.11MAED 1,107,000 · Jan 2020January 2020 | 72,000 /yr | |
| B312 | 2-bed | 2,209 sqft | AED 1.97MAED 1,970,000 · Jul 2024July 2024 |
B305, Loreto 1B in numbers
- Sold once: by DAMAC on 14 May 2023 for AED 770,000, or AED 1,317 per sqft.
- Rented since November 2020 on 5 Ejari contracts, from AED 32,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 8,100 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 15 July 2026.
Questions about B305, Loreto 1B
What did unit B305 last sell for?
AED 770,000 on 14 May 2023, sold by the developer: AED 1,317 per sqft for 584 sqft. It is the only registered sale of the unit.
What is the rent for unit B305?
AED 50,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since November 2020.
How big is unit B305?
584 sqft (54.3 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B305 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 B305, Loreto 1B
Starts from the last sale price (AED 770K, 14 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →