1-bed · 787 sqftLoreto 1B, Damac Hills · 4th floor · completed 2017

B406, Loreto 1B

Sold prices and rental history: sold 4 times, last in May 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B406 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1M4 May 2026
Current rentAED 78K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B406, Loreto 1B

What is B406 worth today?

Last sold for AED 1,000,000 in 2026

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1 Aug 2026RentedNew contract
AED 78,000/yr12 months · AED 99 per sqft
4 May 2026SoldReady
AED 1,000,000AED 1,270 per sqft
5 Nov 2025SoldReady
AED 1,000,000AED 1,270 per sqft
25 Apr 2022SoldReady
AED 700,000AED 889 per sqft
17 Nov 2019Sold by developerReady
AED 929,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
4th of 9
Parking
T2-B-22
Developer
DAMAC
Completed
2017
Service charge
AED 10,900 /yr
Last sold
AED 1M · May 2026
Building
Loreto 1B

About B406, Loreto 1B

B406 is a one-bedroom apartment of 787 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 May 2026 for AED 1,000,000, or AED 1,270 per sqft, 9% below the AED 1,388 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 78,000 a year: a gross yield of 7.8% on the 2026 price, before the service charge of about AED 10,900 a year.

Sales and rents for B406 over time

Sales
Unit B406, each saleTypical one-bed in Loreto 1B
800K1M20192021202320252027Typical sale price by year: 2019 AED 900,000; 2020 AED 822,000; 2021 AED 713,000; 2022 AED 785,000; 2024 AED 1,000,000; 2025 AED 1,095,000; 2026 AED 1,100,000Sold by developer, November 2019: AED 929,000 (AED 1,180 per sqft)Sold, April 2022: AED 700,000 (AED 889 per sqft)Sold, November 2025: AED 1,000,000 (AED 1,270 per sqft)Sold, May 2026: AED 1,000,000 (AED 1,270 per sqft)

B406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B406, each contractTypical one-bed in Loreto 1B
40K60K80K201920222025Typical rent by year: 2019 AED 67,000; 2020 AED 45,000; 2021 AED 45,500; 2022 AED 52,575; 2023 AED 60,000; 2024 AED 72,500; 2025 AED 82,000; 2026 AED 75,000New contract, August 2026: AED 78,000 a year

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

1-beds in Loreto 1B, and where B406 sits

All 40 1-beds →

B406 last sold in May 2026 at AED 1,270 per sqft, 9% below what one-beds in Loreto 1B were fetching at the time (AED 1,388). Over the last 12 months one-beds sold for AED 970,000 to 1,300,000, around AED 1,373 per sqft, and rent for AED 62,000 to 103,000 a year. B406's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jul 2026970,000
11 Jun 20261,300,000
5 Mar 20261,200,000
26 Nov 20251,295,000
5 1-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
Value
B4013-bedAED 1.23M · Dec 2022
B4021-bedAED 1.14M · May 2025
B403StudioAED 400K · Sep 2022
B404StudioAED 803K · Jun 2023
B405StudioAED 525K · Dec 2024
B4071-bedAED 585K · Dec 2020
B4081-bedAED 935K · Feb 2020
1–7 of 12

B406, Loreto 1B in numbers

  • Sold 4 times: first on 17 November 2019 for AED 929,000, last on 4 May 2026 for AED 1,000,000 (AED 1,270 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2026 price is 7.8%, before a service charge of about AED 10,900 a year (AED 13.82 per sqft).
  • One-beds in Loreto 1B sold for AED 970,000–1,300,000 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 1 August 2026.

Questions about B406, Loreto 1B

What did unit B406 last sell for?

AED 1,000,000 on 4 May 2026: AED 1,270 per sqft for 787 sqft. The unit has 4 registered sales; the first was AED 929,000 in November 2019.

What is the rent for unit B406?

AED 78,000 a year on the contract signed on 1 August 2026.

How big is unit B406?

787 sqft (73.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 1B sold for AED 970,000 to 1,300,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on B406, Loreto 1B

Starts from the last sale price (AED 1M, 4 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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