B405, Loreto 1B
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B405, Loreto 1B
What is B405 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 4th of 9
- Parking
- T2-B-21
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,400 /yr
- Last sold
- AED 525K · December 2024
- Building
- Loreto 1B
About B405, Loreto 1B
B405 is a studio of 460 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 4 December 2024 for AED 525,000, or AED 1,140 per sqft, in line with the AED 1,140 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 April 2026, is AED 53,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for B405 over time
B405 has sold 3 times; 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 B405 sits
All 22 studios →B405 last sold in December 2024 at AED 1,140 per sqft, in line with what studios in Loreto 1B were fetching at the time (AED 1,140). 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. B405's AED 53,000 is in the upper 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 | |
| B404 | Studio | 501 sqft | AED 803KAED 803,000 · Jun 2023June 2023 | 44,000 /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 |
B405, Loreto 1B in numbers
- Sold 3 times: first on 18 November 2019 for AED 657,000, last on 4 December 2024 for AED 525,000 (AED 1,140 per sqft).
- Rented since August 2023 on 3 Ejari contracts, from AED 30,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 6,400 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 1 April 2026.
Questions about B405, Loreto 1B
What did unit B405 last sell for?
AED 525,000 on 4 December 2024: AED 1,140 per sqft for 460 sqft. The unit has 3 registered sales; the first was AED 657,000 in November 2019.
What is the rent for unit B405?
AED 53,000 a year on the contract signed on 1 April 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since August 2023.
How big is unit B405?
460 sqft (42.7 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B405 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 B405, Loreto 1B
Starts from the last sale price (AED 525K, 4 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →