B307, Loreto 1B
Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B307, Loreto 1B
What is B307 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 539 sqft
- Floor
- 3rd of 9
- Parking
- P2-12
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 7,500 /yr
- Last sold
- AED 750K · August 2023
- Building
- Loreto 1B
About B307, Loreto 1B
B307 is a studio of 539 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 6 August 2023 for AED 750,000, or AED 1,390 per sqft, 6% above the AED 1,311 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 July 2026, is AED 44,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for B307 over time
B307 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 B307 sits
All 22 studios →B307 last sold in August 2023 at AED 1,390 per sqft, 6% above what studios in Loreto 1B were fetching at the time (AED 1,311). 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. B307's AED 44,000 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 | ||
| B305 | Studio | 584 sqft | AED 770KAED 770,000 · May 2023May 2023 | 50,000 /yr | |
| B306 | 1-bed | 851 sqft | AED 1MAED 1,000,000 · Mar 2020March 2020 | ||
| 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 |
B307, Loreto 1B in numbers
- Sold once: by DAMAC on 6 August 2023 for AED 750,000, or AED 1,390 per sqft.
- Rented since September 2023 on 2 Ejari contracts, from AED 41,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 7,500 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 B307, Loreto 1B
What did unit B307 last sell for?
AED 750,000 on 6 August 2023, sold by the developer: AED 1,390 per sqft for 539 sqft. It is the only registered sale of the unit.
What is the rent for unit B307?
AED 44,000 a year on the contract signed on 15 July 2026. The previous contract, from September 2023, was AED 41,000.
How big is unit B307?
539 sqft (50.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B307 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 B307, Loreto 1B
Starts from the last sale price (AED 750K, 6 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →