B403, Loreto 1B
Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B403, Loreto 1B
What is B403 worth today?
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Source: Dubai Land Department. Updated 10 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 482 sqft
- Floor
- 4th of 9
- Parking
- B-19
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,700 /yr
- Last sold
- AED 400K · September 2022
- Building
- Loreto 1B
About B403, Loreto 1B
B403 is a studio of 482 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 September 2022 for AED 400,000, or AED 830 per sqft, 9% above the AED 760 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 April 2025, is AED 46,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 6,700 a year.
Sales and rents for B403 over time
B403 has sold twice; 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 B403 sits
All 22 studios →B403 last sold in September 2022 at AED 830 per sqft, 9% above what studios in Loreto 1B were fetching at the time (AED 760). 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. B403's AED 46,000 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 4th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 3-bed | 1,619 sqft | AED 1.23MAED 1,231,200 · Dec 2022December 2022 | 145,000 /yr | |
| B402 | 1-bed | 796 sqft | AED 1.14MAED 1,140,000 · May 2025May 2025 | 30,000 /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 |
B403, Loreto 1B in numbers
- Sold twice: first on 20 August 2020 for AED 646,000, last on 28 September 2022 for AED 400,000 (AED 830 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 26,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 6,700 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 April 2025.
Questions about B403, Loreto 1B
What did unit B403 last sell for?
AED 400,000 on 28 September 2022: AED 830 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 646,000 in August 2020.
What is the rent for unit B403?
AED 46,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2025, was AED 46,000; the unit has been rented since March 2021.
How big is unit B403?
482 sqft (44.8 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B403 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 B403, Loreto 1B
Starts from the last sale price (AED 400K, 28 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →