B507, Loreto 1B
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B507, Loreto 1B
What is B507 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 768K · January 2020
- Building
- Loreto 1B
About B507, Loreto 1B
B507 is a one-bedroom apartment of 817 sqft on the 5th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 14 January 2020 for AED 768,000, or AED 940 per sqft, 12% below the AED 1,066 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 August 2026, is AED 70,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 11,300 a year.
Sales and rents for B507 over time
B507 has sold once; the dashed line is the one-bed median of each year in the building.
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 B507 sits
All 40 1-beds →B507 last sold in January 2020 at AED 940 per sqft, 12% below what one-beds in Loreto 1B were fetching at the time (AED 1,066). 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. B507's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20263 July 2026 | 818 sqft | 970,000 | 1,185 | ||
| 11 Jun 202611 June 2026 | 946 sqft | 1,300,000 | 1,373 | ||
| 4 May 20264 May 2026 | 787 sqft | 1,000,000 | 1,270 | ||
| 5 Mar 20265 March 2026 | 797 sqft | 1,200,000 | 1,506 |
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 5th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 3-bed | 1,619 sqft | AED 1.77MAED 1,774,080 · Nov 2019November 2019 | 150,000 /yr | |
| B502 | 1-bed | 797 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | 57,000 /yr | |
| B503 | Studio | 482 sqft | AED 629KAED 629,000 · Jun 2023June 2023 | 63,500 /yr | |
| B504 | Studio | 526 sqft | AED 671KAED 670,700 · Jun 2023June 2023 | 50,000 /yr | |
| B505 | Studio | 460 sqft | AED 782KAED 782,000 · May 2025May 2025 | 42,900 /yr | |
| B506 | 1-bed | 815 sqft | AED 820KAED 820,000 · Mar 2021March 2021 | 75,000 /yr | |
| B508 | 1-bed | 794 sqft | AED 748KAED 748,000 · Nov 2019November 2019 | ||
| B509 | 1-bed | 818 sqft | AED 967KAED 967,000 · Mar 2020March 2020 | ||
| B510 | Studio | 476 sqft | AED 779KAED 778,560 · Oct 2026October 2026 | ||
| B511 | 1-bed | 860 sqft | AED 817KAED 817,000 · Jan 2020January 2020 | 82,000 /yr | |
| B512 | 1-bed | 946 sqft | AED 1.3MAED 1,300,000 · Jun 2026June 2026 | 86,000 /yr | |
| B513 | 2-bed | 1,421 sqft | AED 1.85MAED 1,850,000 · Aug 2024August 2024 |
B507, Loreto 1B in numbers
- Sold once: by DAMAC on 14 January 2020 for AED 768,000, or AED 940 per sqft.
- Rented since November 2020 on 5 Ejari contracts, from AED 44,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2020 price is 9.1%, 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 20 August 2026.
Questions about B507, Loreto 1B
What did unit B507 last sell for?
AED 768,000 on 14 January 2020, sold by the developer: AED 940 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit B507?
AED 70,000 a year on the contract signed on 20 August 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since November 2020.
How big is unit B507?
817 sqft (75.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B507 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 B507, Loreto 1B
Starts from the last sale price (AED 768K, 14 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 768,000
- Deposit, UAE resident (20%)
- AED 153,600
- Deposit, non-resident (40%)
- AED 307,200
- Monthly over 25 years at 3.7%
- AED 3,142
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →