1-bed · 818 sqftLoreto 1B, Damac Hills · 5th floor · completed 2017

B509, Loreto 1B

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B509 · DLD and Ejari recordsUpdated 22 March 2020
Last soldAED 967K22 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B509, Loreto 1B

What is B509 worth today?

Last sold for AED 967,000 in 2020

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22 Mar 2020Sold by developerReady
AED 967,000AED 1,181 per sqft

Source: Dubai Land Department. Updated 22 March 2020.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
5th of 9
Parking
G-24
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 967K · March 2020
Building
Loreto 1B

About B509, Loreto 1B

B509 is a one-bedroom apartment of 818 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 22 March 2020 for AED 967,000, or AED 1,181 per sqft, 21% above the AED 975 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B509 over time

Sales
Unit B509, 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, March 2020: AED 967,000 (AED 1,181 per sqft)

B509 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B509, 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 75,000

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 B509 sits

All 40 1-beds →

B509 last sold in March 2020 at AED 1,181 per sqft, 21% above what one-beds in Loreto 1B were fetching at the time (AED 975). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jul 2026970,000
11 Jun 20261,300,000
4 May 20261,000,000
5 Mar 20261,200,000
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 5th floor

All 84 units in Loreto 1B
Value
B5013-bedAED 1.77M · Nov 2019
B5021-bedAED 1.2M · Mar 2026
B503StudioAED 629K · Jun 2023
B504StudioAED 671K · Jun 2023
B505StudioAED 782K · May 2025
B5061-bedAED 820K · Mar 2021
B5071-bedAED 768K · Jan 2020
1–7 of 12

B509, Loreto 1B in numbers

  • Sold once: by DAMAC on 22 March 2020 for AED 967,000, or AED 1,181 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 22 March 2020.

Questions about B509, Loreto 1B

What did unit B509 last sell for?

AED 967,000 on 22 March 2020, sold by the developer: AED 1,181 per sqft for 818 sqft. It is the only registered sale of the unit.

How big is unit B509?

818 sqft (76.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit B509 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 B509, Loreto 1B

Starts from the last sale price (AED 967K, 22 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 967,000
Deposit, UAE resident (20%)
AED 193,400
Deposit, non-resident (40%)
AED 386,800
Monthly over 25 years at 3.7%
AED 3,956

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