3-bed · 1,619 sqftLoreto 1B, Damac Hills · 4th floor · completed 2017

B401, Loreto 1B

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B401 · DLD and Ejari recordsUpdated 30 June 2026

Last soldAED 1.23M6 December 2022

Current rentAED 145K /yr30 June 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B401, Loreto 1B

Today

What is B401 worth today?

Last sold for AED 1,231,200 in 2022

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30 Jun 2026

30 Jun 2026RentedNew contract

AED 145,000/yr12 months · AED 90 per sqft

15 Mar 2025

15 Mar 2025RentedRenewal

AED 158,100/yr12 months · AED 98 per sqft

15 Mar 2025

15 Mar 2025RentedRenewal

AED 158,100/yr12 months · AED 98 per sqft

15 Mar 2024

15 Mar 2024RentedRenewal

AED 151,000/yr12 months · AED 93 per sqft

15 Mar 2023

15 Mar 2023RentedNew contract

AED 143,000/yr12 months · AED 88 per sqft

6 Dec 2022

6 Dec 2022Sold by developerReady

AED 1,231,200AED 760 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type: 3-bed apartment
Size: 1,619 sqft
Floor: 4th of 9
Parking: B-17
Developer: DAMAC
Completed: 2017
Service charge: AED 22,400 /yr
Last sold: AED 1.23M · December 2022
Building: Loreto 1B

About B401, Loreto 1B

B401 is a three-bedroom apartment of 1,619 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 6 December 2022 for AED 1,231,200, or AED 760 per sqft.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 30 June 2026, is AED 145,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 22,400 a year.

Sales and rents for B401 over time

Sales

Unit B401, each saleTypical three-bed in Loreto 1B

B401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents

Unit B401, each contractTypical three-bed in Loreto 1B

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

3-beds in Loreto 1B, and where B401 sits

All 9 3-beds →

Loreto 1B · all types1,342 /sqft

B401's AED 145,000 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
16 May 202516 May 2025	3,211 sqft	3,450,000	1,074
15 Oct 202415 October 2024	1,787 sqft	2,260,000	1,264
30 Jul 202430 July 2024	3,211 sqft	2,473,000	770
24 Oct 202124 October 2021	1,872 sqft	1,562,000	834

0 3-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 4th floor

All 84 units in Loreto 1B


B402	1-bed	796 sqft	AED 1.14MAED 1,140,000 · May 2025May 2025	30,000 /yr
B403	Studio	482 sqft	AED 400KAED 400,000 · Sep 2022September 2022	46,000 /yr
B404	Studio	501 sqft	AED 803KAED 803,000 · Jun 2023June 2023	44,000 /yr
B405	Studio	460 sqft	AED 525KAED 525,000 · Dec 2024December 2024	53,000 /yr
B406	1-bed	787 sqft	AED 1MAED 1,000,000 · May 2026May 2026	78,000 /yr
B407	1-bed	816 sqft	AED 585KAED 585,000 · Dec 2020December 2020	64,100 /yr
B408	1-bed	801 sqft	AED 935KAED 935,000 · Feb 2020February 2020	68,000 /yr
B409	1-bed	818 sqft	AED 970KAED 970,000 · Jul 2026July 2026	57,251 /yr
B410	Studio	476 sqft	AED 525KAED 525,000 · Nov 2024November 2024	65,000 /yr
B411	1-bed	860 sqft	AED 813KAED 813,000 · Jan 2020January 2020	86,000 /yr
B412	1-bed	942 sqft	AED 1.11MAED 1,107,000 · Mar 2020March 2020	87,000 /yr
B413	2-bed	1,336 sqft	AED 1.19MAED 1,190,000 · Nov 2019November 2019

1–7 of 12

B401, Loreto 1B in numbers

Sold once: by DAMAC on 6 December 2022 for AED 1,231,200, or AED 760 per sqft.
Rented since March 2023 on 5 Ejari contracts, from AED 143,000 to AED 145,000 a year.
At AED 145,000 a year the gross yield on the 2022 price is 11.8%, before a service charge of about AED 22,400 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 30 June 2026.

Questions about B401, Loreto 1B

What did unit B401 last sell for?

AED 1,231,200 on 6 December 2022, sold by the developer: AED 760 per sqft for 1,619 sqft. It is the only registered sale of the unit.

What is the rent for unit B401?

AED 145,000 a year on the contract signed on 30 June 2026. The previous contract, from March 2025, was AED 158,100; the unit has been rented since March 2023.

How big is unit B401?

1,619 sqft (150.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B401, Loreto 1B

Starts from the last sale price (AED 1.23M, 6 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,231,200
Deposit, UAE resident (20%): AED 246,240
Deposit, non-resident (40%): AED 492,480
Monthly over 25 years at 3.7%: AED 5,037

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