1-bed · 818 sqftLoreto 1B, Damac Hills · 3rd floor · completed 2017

B308, Loreto 1B

Sold prices and rental history: sold twice, last in November 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B308 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 1.3M26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B308, Loreto 1B

What is B308 worth today?

Last sold for AED 1,295,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Nov 2025SoldReady
AED 1,295,000AED 1,582 per sqft
5 Jan 2020Sold by developerReady
AED 874,920AED 1,069 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
3rd of 9
Parking
T2-B-13
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 1.3M · November 2025
Building
Loreto 1B

About B308, Loreto 1B

B308 is a one-bedroom apartment of 818 sqft on the 3rd floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 26 November 2025 for AED 1,295,000, or AED 1,582 per sqft, 15% above the AED 1,375 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B308 over time

Sales
Unit B308, each saleTypical one-bed in Loreto 1B
1M20192021202320252027Typical sale price by year: 2019 AED 900,000; 2020 AED 822,000; 2021 AED 713,000; 2022 AED 785,000; 2024 AED 1,000,000; 2025 AED 1,095,000; 2026 AED 1,100,000Sold by developer, January 2020: AED 874,920 (AED 1,069 per sqft)Sold, November 2025: AED 1,295,000 (AED 1,582 per sqft)

B308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B308, each contractTypical one-bed in Loreto 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 67,000; 2020 AED 45,000; 2021 AED 45,500; 2022 AED 52,575; 2023 AED 60,000; 2024 AED 72,500; 2025 AED 82,000; 2026 AED 75,000

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

1-beds in Loreto 1B, and where B308 sits

All 40 1-beds →

B308 last sold in November 2025 at AED 1,582 per sqft, 15% above what one-beds in Loreto 1B were fetching at the time (AED 1,375). Over the last 12 months one-beds sold for AED 970,000 to 1,300,000, around AED 1,373 per sqft, and rent for AED 62,000 to 103,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jul 2026970,000
11 Jun 20261,300,000
4 May 20261,000,000
5 Mar 20261,200,000
5 1-bed 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
B303StudioAED 715K · Jan 2026
B304StudioAED 768K · Jan 2023
B305StudioAED 770K · May 2023
B3061-bedAED 1M · Mar 2020
B307StudioAED 750K · Aug 2023
1–7 of 11

B308, Loreto 1B in numbers

  • Sold twice: first on 5 January 2020 for AED 874,920, last on 26 November 2025 for AED 1,295,000 (AED 1,582 per sqft).
  • One-beds in Loreto 1B sold for AED 970,000–1,300,000 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 26 November 2025.

Questions about B308, Loreto 1B

What did unit B308 last sell for?

AED 1,295,000 on 26 November 2025: AED 1,582 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 874,920 in January 2020.

How big is unit B308?

818 sqft (76.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 1B sold for AED 970,000 to 1,300,000 in the last 12 months, around AED 1,373 per sqft.

Selling B308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B308, Loreto 1B

Starts from the last sale price (AED 1.3M, 26 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,000
Deposit, UAE resident (20%)
AED 259,000
Deposit, non-resident (40%)
AED 518,000
Monthly over 25 years at 3.7%
AED 5,298

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