B404, Loreto 1B
Sold prices and rental history: sold once, by the developer in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B404, Loreto 1B
What is B404 worth today?
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Source: Dubai Land Department. Updated 12 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 4th of 9
- Parking
- B-20
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 803K · June 2023
- Building
- Loreto 1B
About B404, Loreto 1B
B404 is a studio of 501 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 20 June 2023 for AED 803,000, or AED 1,603 per sqft, 26% above the AED 1,268 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 September 2026, is AED 44,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 6,900 a year.
Sales and rents for B404 over time
B404 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 B404 sits
All 22 studios →B404 last sold in June 2023 at AED 1,603 per sqft, 26% above what studios in Loreto 1B were fetching at the time (AED 1,268). 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. B404's AED 44,000 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 | |
| B403 | Studio | 482 sqft | AED 400KAED 400,000 · Sep 2022September 2022 | 46,000 /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 |
B404, Loreto 1B in numbers
- Sold once: by DAMAC on 20 June 2023 for AED 803,000, or AED 1,603 per sqft.
- Rented since April 2024 on 2 Ejari contracts, from AED 52,800 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 6,900 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 12 September 2026.
Questions about B404, Loreto 1B
What did unit B404 last sell for?
AED 803,000 on 20 June 2023, sold by the developer: AED 1,603 per sqft for 501 sqft. It is the only registered sale of the unit.
What is the rent for unit B404?
AED 44,000 a year on the contract signed on 12 September 2026. The previous contract, from April 2024, was AED 52,800.
How big is unit B404?
501 sqft (46.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B404 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 B404, Loreto 1B
Starts from the last sale price (AED 803K, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 803,000
- Deposit, UAE resident (20%)
- AED 160,600
- Deposit, non-resident (40%)
- AED 321,200
- Monthly over 25 years at 3.7%
- AED 3,285
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →