2-bed · 1,336 sqftLoreto 1B, Damac Hills · 4th floor · completed 2017

B413, Loreto 1B

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B413 · DLD and Ejari recordsUpdated 18 November 2019
Last soldAED 1.19M18 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B413, Loreto 1B

What is B413 worth today?

Last sold for AED 1,190,000 in 2019

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18 Nov 2019Sold by developerReady
AED 1,190,000AED 890 per sqft

Source: Dubai Land Department. Updated 18 November 2019.

Key facts

Type
2-bed apartment
Size
1,336 sqft
Floor
4th of 9
Parking
G-15
Developer
DAMAC
Completed
2017
Service charge
AED 18,500 /yr
Last sold
AED 1.19M · November 2019
Building
Loreto 1B

About B413, Loreto 1B

B413 is a two-bedroom apartment of 1,336 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 18 November 2019 for AED 1,190,000, or AED 890 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B413 over time

Sales
Unit B413, each saleTypical two-bed in Loreto 1B
1.5M2019202120232025Typical sale price by year: 2019 AED 1,498,365; 2020 AED 1,293,600; 2022 AED 1,681,500; 2025 AED 1,859,520Sold by developer, November 2019: AED 1,190,000 (AED 890 per sqft)

B413 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B413, each contractTypical two-bed in Loreto 1B
100K110K202120232025Typical rent by year: 2021 AED 100,800; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 112,000; 2025 AED 112,500

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

2-beds in Loreto 1B, and where B413 sits

All 13 2-beds →

Over the last 12 months two-beds sold for AED 3,350,000, around AED 1,310 per sqft, and rent for AED 105,000 to 120,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20263,350,000
16 Oct 20251,859,520
26 May 20251,650,000
25 Feb 20252,450,000
1 2-bed sale 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

B413, Loreto 1B in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 1,190,000, or AED 890 per sqft.
  • Two-beds in Loreto 1B sold for AED 3,350,000–3,350,000 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 18 November 2019.

Questions about B413, Loreto 1B

What did unit B413 last sell for?

AED 1,190,000 on 18 November 2019, sold by the developer: AED 890 per sqft for 1,336 sqft. It is the only registered sale of the unit.

How big is unit B413?

1,336 sqft (124.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B413 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 1B sold for AED 3,350,000 to 3,350,000 in the last 12 months, around AED 1,310 per sqft.

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Mortgage on B413, Loreto 1B

Starts from the last sale price (AED 1.19M, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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