B605, Loreto 1B
Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B605, Loreto 1B
What is B605 worth today?
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Source: Dubai Land Department. Updated 29 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 461 sqft
- Floor
- 6th of 9
- Parking
- LP1-17
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,400 /yr
- Last sold
- AED 652K · September 2023
- Building
- Loreto 1B
About B605, Loreto 1B
B605 is a studio of 461 sqft on the 6th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 4 September 2023 for AED 652,000, or AED 1,415 per sqft, 7% above the AED 1,317 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 29 October 2026, is AED 45,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for B605 over time
B605 has sold once; 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 B605 sits
All 22 studios →B605 last sold in September 2023 at AED 1,415 per sqft, 7% above what studios in Loreto 1B were fetching at the time (AED 1,317). 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. B605's AED 45,000 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 | |
| B604 | Studio | 526 sqft | AED 630KAED 630,000 · Jan 2025January 2025 | 44,000 /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 |
B605, Loreto 1B in numbers
- Sold once: by DAMAC on 4 September 2023 for AED 652,000, or AED 1,415 per sqft.
- Rented since October 2023 on 4 Ejari contracts, from AED 40,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 6,400 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 29 October 2026.
Questions about B605, Loreto 1B
What did unit B605 last sell for?
AED 652,000 on 4 September 2023, sold by the developer: AED 1,415 per sqft for 461 sqft. It is the only registered sale of the unit.
What is the rent for unit B605?
AED 45,000 a year on the contract renewed on 29 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since October 2023.
How big is unit B605?
461 sqft (42.8 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.
What is unit B605 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 B605, Loreto 1B
Starts from the last sale price (AED 652K, 4 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 652,000
- Deposit, UAE resident (20%)
- AED 130,400
- Deposit, non-resident (40%)
- AED 260,800
- Monthly over 25 years at 3.7%
- AED 2,668
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →