B604, Loreto 1B
Sold prices and rental history: sold twice, last in January 2025, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B604, Loreto 1B
What is B604 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 6th of 9
- Parking
- T2-LP1-16
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 7,300 /yr
- Last sold
- AED 630K · January 2025
- Building
- Loreto 1B
About B604, Loreto 1B
B604 is a studio of 526 sqft on the 6th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 13 January 2025 for AED 630,000, or AED 1,198 per sqft, in line with the AED 1,169 studios in the building were fetching at the time.
One Ejari contract is registered, from 24 March 2022. The current contract, signed on 24 March 2022, is AED 44,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 7,300 a year.
Sales and rents for B604 over time
B604 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 1B, and where B604 sits
All 22 studios →B604 last sold in January 2025 at AED 1,198 per sqft, in line with what studios in Loreto 1B were fetching at the time (AED 1,169). Over the last 12 months studios sold for AED 715,000 to 778,560, around AED 1,409 per sqft, and rent for AED 40,000 to 65,000 a year. B604's AED 44,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 476 sqft | 778,560 | 1,635 | ||
| 27 Jan 202627 January 2026 | 604 sqft | 715,000 | 1,183 | ||
| 7 Nov 20257 November 2025 | 418 sqft | 760,000 | 1,816 | ||
| 30 May 202530 May 2025 | 476 sqft | 605,000 | 1,270 |
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 6th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B601 | 3-bed | 1,621 sqft | AED 1.8MAED 1,800,000 · Nov 2019November 2019 | 135,000 /yr | |
| B602 | 1-bed | 796 sqft | AED 765KAED 765,000 · Mar 2020March 2020 | 81,023 /yr | |
| B603 | Studio | 482 sqft | AED 578KAED 578,000 · Jun 2020June 2020 | 40,000 /yr | |
| B605 | Studio | 461 sqft | AED 652KAED 652,000 · Sep 2023September 2023 | 45,000 /yr | |
| B606 | 1-bed | 815 sqft | AED 970KAED 970,000 · Nov 2019November 2019 | 72,500 /yr | |
| B607 | 1-bed | 816 sqft | AED 928KAED 928,060 · Nov 2022November 2022 | 70,000 /yr | |
| B608 | 1-bed | 794 sqft | AED 935KAED 935,000 · Nov 2019November 2019 | 75,000 /yr | |
| B609 | 1-bed | 818 sqft | AED 783KAED 783,000 · Feb 2020February 2020 | 70,000 /yr | |
| B610 | Studio | 476 sqft | AED 605KAED 605,000 · May 2025May 2025 | 66,000 /yr | |
| B611 | 1-bed | 860 sqft | AED 822KAED 822,000 · Jan 2020January 2020 | 80,000 /yr | |
| B612 | 1-bed | 946 sqft | AED 1.12MAED 1,123,000 · Dec 2019December 2019 | 80,000 /yr | |
| B613 | 2-bed | 1,421 sqft | AED 1.37MAED 1,372,000 · Feb 2020February 2020 | 125,000 /yr |
B604, Loreto 1B in numbers
- Sold twice: first on 1 October 2020 for AED 698,000, last on 13 January 2025 for AED 630,000 (AED 1,198 per sqft).
- Rented since March 2022 on one Ejari contract, at AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 7,300 a year (AED 13.82 per sqft).
- Studios in Loreto 1B sold for AED 715,000–778,560 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 13 January 2025.
Questions about B604, Loreto 1B
What did unit B604 last sell for?
AED 630,000 on 13 January 2025: AED 1,198 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 698,000 in October 2020.
What is the rent for unit B604?
AED 44,000 a year on the contract signed on 24 March 2022.
How big is unit B604?
526 sqft (48.9 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.
What is unit B604 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1B sold for AED 715,000 to 778,560 in the last 12 months, around AED 1,409 per sqft.
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Mortgage on B604, Loreto 1B
Starts from the last sale price (AED 630K, 13 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →