2-bed · 2,209 sqftLoreto 1B, Damac Hills · 3rd floor · completed 2017

B312, Loreto 1B

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B312 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.97M31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B312, Loreto 1B

What is B312 worth today?

Last sold for AED 1,970,000 in 2024

Unlock today's estimate, updated daily, with

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

31 Jul 2024SoldReady
AED 1,970,000AED 891 per sqft
18 Dec 2019Sold by developerReady
AED 1,724,730AED 780 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
2,209 sqft
Floor
3rd of 9
Parking
T2-UP1-05 , T2-UP1-39
Developer
DAMAC
Completed
2017
Service charge
AED 30,500 /yr
Last sold
AED 1.97M · July 2024
Building
Loreto 1B

About B312, Loreto 1B

B312 is a two-bedroom apartment of 2,209 sqft on the 3rd floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 31 July 2024 for AED 1,970,000, or AED 891 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B312 over time

Sales
Unit B312, each saleTypical two-bed in Loreto 1B
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,498,365; 2020 AED 1,293,600; 2022 AED 1,681,500; 2025 AED 1,859,520Sold by developer, December 2019: AED 1,724,730 (AED 780 per sqft)Sold, July 2024: AED 1,970,000 (AED 891 per sqft)

B312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B312, each contractTypical two-bed in Loreto 1B
100K110K202120232025Typical rent by year: 2021 AED 100,800; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 112,000; 2025 AED 112,500

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

2-beds in Loreto 1B, and where B312 sits

All 13 2-beds →

Over the last 12 months two-beds sold for AED 3,350,000, around AED 1,310 per sqft, and rent for AED 105,000 to 120,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20263,350,000
16 Oct 20251,859,520
26 May 20251,650,000
25 Feb 20252,450,000
1 2-bed sale 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

B312, Loreto 1B in numbers

  • Sold twice: first on 18 December 2019 for AED 1,724,730, last on 31 July 2024 for AED 1,970,000 (AED 891 per sqft).
  • Two-beds in Loreto 1B sold for AED 3,350,000–3,350,000 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 31 July 2024.

Questions about B312, Loreto 1B

What did unit B312 last sell for?

AED 1,970,000 on 31 July 2024: AED 891 per sqft for 2,209 sqft. The unit has 2 registered sales; the first was AED 1,724,730 in December 2019.

How big is unit B312?

2,209 sqft (205.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 1B sold for AED 3,350,000 to 3,350,000 in the last 12 months, around AED 1,310 per sqft.

Selling B312? 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 B312, Loreto 1B

Starts from the last sale price (AED 1.97M, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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