B511, Loreto 1B
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B511, Loreto 1B
What is B511 worth today?
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Source: Dubai Land Department. Updated 26 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 860 sqft
- Floor
- 5th of 9
- Parking
- G-27
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,900 /yr
- Last sold
- AED 817K · January 2020
- Building
- Loreto 1B
About B511, Loreto 1B
B511 is a one-bedroom apartment of 860 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 15 January 2020 for AED 817,000, or AED 950 per sqft, in line with the AED 956 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 82,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 11,900 a year.
Sales and rents for B511 over time
B511 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 B511 sits
All 40 1-beds →B511 last sold in January 2020 at AED 950 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 956). 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. B511's AED 82,000 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 | |
| B507 | 1-bed | 817 sqft | AED 768KAED 768,000 · Jan 2020January 2020 | 70,000 /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 | ||
| 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 |
B511, Loreto 1B in numbers
- Sold once: by DAMAC on 15 January 2020 for AED 817,000, or AED 950 per sqft.
- Rented since June 2022 on 6 Ejari contracts, from AED 50,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 11,900 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 26 May 2026.
Questions about B511, Loreto 1B
What did unit B511 last sell for?
AED 817,000 on 15 January 2020, sold by the developer: AED 950 per sqft for 860 sqft. It is the only registered sale of the unit.
What is the rent for unit B511?
AED 82,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 82,000; the unit has been rented since June 2022.
How big is unit B511?
860 sqft (79.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B511 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 B511, Loreto 1B
Starts from the last sale price (AED 817K, 15 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 817,000
- Deposit, UAE resident (20%)
- AED 163,400
- Deposit, non-resident (40%)
- AED 326,800
- Monthly over 25 years at 3.7%
- AED 3,343
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →