B309, Loreto 1B
Sold prices and rental history: sold once, by the developer in November 2019, 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 B309, Loreto 1B
What is B309 worth today?
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Source: Dubai Land Department. Updated 10 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 475 sqft
- Floor
- 3rd of 9
- Parking
- B-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,600 /yr
- Last sold
- AED 566K · November 2019
- Building
- Loreto 1B
About B309, Loreto 1B
B309 is a studio of 475 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 18 November 2019 for AED 566,440, or AED 1,192 per sqft, 16% below the AED 1,427 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 10 December 2025, is AED 48,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 6,600 a year.
Sales and rents for B309 over time
B309 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 B309 sits
All 22 studios →B309 last sold in November 2019 at AED 1,192 per sqft, 16% below what studios in Loreto 1B were fetching at the time (AED 1,427). 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. B309's AED 48,000 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 | ||
| 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 | ||
| 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 |
B309, Loreto 1B in numbers
- Sold once: by DAMAC on 18 November 2019 for AED 566,440, or AED 1,192 per sqft.
- Rented since May 2020 on 6 Ejari contracts, from AED 28,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 6,600 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 10 December 2025.
Questions about B309, Loreto 1B
What did unit B309 last sell for?
AED 566,440 on 18 November 2019, sold by the developer: AED 1,192 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit B309?
AED 48,000 a year on the contract signed on 10 December 2025. The previous contract, from June 2025, was AED 42,000; the unit has been rented since May 2020.
How big is unit B309?
475 sqft (44.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B309 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 B309, Loreto 1B
Starts from the last sale price (AED 566K, 18 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 566,440
- Deposit, UAE resident (20%)
- AED 113,288
- Deposit, non-resident (40%)
- AED 226,576
- Monthly over 25 years at 3.7%
- AED 2,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →