1-bed · 818 sqftLoreto 1B, Damac Hills · 4th floor · completed 2017

B409, Loreto 1B

Sold prices and rental history: sold twice, last in July 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B409 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 970K3 July 2026
Current rentAED 57K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B409, Loreto 1B

What is B409 worth today?

Last sold for AED 970,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Jul 2026SoldReady
AED 970,000AED 1,185 per sqft
30 Aug 2024RentedRenewal
AED 57,251/yr9 months · AED 70 per sqft
30 Aug 2023RentedRenewal
AED 57,750/yr12 months · AED 71 per sqft
30 Aug 2022RentedRenewal
AED 52,500/yr12 months · AED 64 per sqft
30 Jul 2021RentedNew contract
AED 50,000/yr13 months · AED 61 per sqft
22 Mar 2020RentedNew contract
AED 53,000/yr12 months · AED 65 per sqft
18 Nov 2019Sold by developerReady
AED 774,000AED 945 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 9
Parking
T2-B-25
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 970K · July 2026
Building
Loreto 1B

About B409, Loreto 1B

B409 is a one-bedroom apartment of 818 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 3 July 2026 for AED 970,000, or AED 1,185 per sqft, 10% below the AED 1,322 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 30 August 2024, is AED 57,251 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 11,300 a year.

Sales and rents for B409 over time

Sales
Unit B409, each saleTypical one-bed in Loreto 1B
800K1M201920222025Typical 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 774,000 (AED 945 per sqft)Sold, July 2026: AED 970,000 (AED 1,185 per sqft)

B409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B409, each contractTypical one-bed in Loreto 1B
40K60K80K20192021202320252027Typical 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, March 2020: AED 53,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, August 2022: AED 52,500 a yearRenewal, August 2023: AED 57,750 a yearRenewal, August 2024: AED 57,251 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 B409 sits

All 40 1-beds →

B409 last sold in July 2026 at AED 1,185 per sqft, 10% below what one-beds in Loreto 1B were fetching at the time (AED 1,322). 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. B409's AED 57,251 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 20261,300,000
4 May 20261,000,000
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
B4061-bedAED 1M · May 2026
B4071-bedAED 585K · Dec 2020
1–7 of 12

B409, Loreto 1B in numbers

  • Sold twice: first on 18 November 2019 for AED 774,000, last on 3 July 2026 for AED 970,000 (AED 1,185 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 53,000 to AED 57,251 a year.
  • At AED 57,251 a year the gross yield on the 2026 price is 5.9%, before a service charge of about AED 11,300 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 3 July 2026.

Questions about B409, Loreto 1B

What did unit B409 last sell for?

AED 970,000 on 3 July 2026: AED 1,185 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 774,000 in November 2019.

What is the rent for unit B409?

AED 57,251 a year on the contract renewed on 30 August 2024. The previous contract, from August 2023, was AED 57,750; the unit has been rented since March 2020.

How big is unit B409?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B409 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.

Selling B409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B409, Loreto 1B

Starts from the last sale price (AED 970K, 3 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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