1-bed · 794 sqftLoreto 1B, Damac Hills · 6th floor · completed 2017

B608, Loreto 1B

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B608 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 935K18 November 2019
Current rentAED 75K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B608, Loreto 1B

What is B608 worth today?

Last sold for AED 935,000 in 2019

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1 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
1 Oct 2026RentedRenewal
AED 75,000/yr24 months · AED 94 per sqft
1 Oct 2025RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
1 Sep 2023RentedNew contract
AED 55,282/yr12 months · AED 70 per sqft
1 Sep 2022RentedRenewal
AED 52,649/yr12 months · AED 66 per sqft
1 Sep 2021RentedRenewal
AED 50,141/yr12 months · AED 63 per sqft
20 Jul 2020RentedNew contract
AED 56,000/yr13 months · AED 70 per sqft
18 Nov 2019Sold by developerReady
AED 935,000AED 1,176 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
6th of 9
Parking
LP1-20
Developer
DAMAC
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 935K · November 2019
Building
Loreto 1B

About B608, Loreto 1B

B608 is a one-bedroom apartment of 794 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 18 November 2019 for AED 935,000, or AED 1,176 per sqft, 23% above the AED 956 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 75,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for B608 over time

Sales
Unit B608, 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, November 2019: AED 935,000 (AED 1,176 per sqft)

B608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B608, each contractTypical one-bed in Loreto 1B
40K60K80K201920222025Typical 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 75,000New contract, July 2020: AED 56,000 a yearRenewal, September 2021: AED 50,141 a yearRenewal, September 2022: AED 52,649 a yearNew contract, September 2023: AED 55,282 a yearNew contract, October 2025: AED 75,000 a yearNew contract, October 2026: AED 75,000 a yearRenewal, October 2026: AED 75,000 a year

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 B608 sits

All 40 1-beds →

B608 last sold in November 2019 at AED 1,176 per sqft, 23% above 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. B608's AED 75,000 is in the lower half of that range.

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 6th floor

All 84 units in Loreto 1B
Value
B6013-bedAED 1.8M · Nov 2019
B6021-bedAED 765K · Mar 2020
B603StudioAED 578K · Jun 2020
B604StudioAED 630K · Jan 2025
B605StudioAED 652K · Sep 2023
B6061-bedAED 970K · Nov 2019
B6071-bedAED 928K · Nov 2022
1–7 of 12

B608, Loreto 1B in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 935,000, or AED 1,176 per sqft.
  • Rented since July 2020 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 50,141 in 2021 and recovered to AED 75,000 by October 2026.
  • At AED 75,000 a year the gross yield on the 2019 price is 8.0%, before a service charge of about AED 11,000 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 1 October 2026.

Questions about B608, Loreto 1B

What did unit B608 last sell for?

AED 935,000 on 18 November 2019, sold by the developer: AED 1,176 per sqft for 794 sqft. It is the only registered sale of the unit.

What is the rent for unit B608?

AED 75,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2026, was AED 75,000; the unit has been rented since July 2020.

How big is unit B608?

794 sqft (73.8 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B608 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 B608, Loreto 1B

Starts from the last sale price (AED 935K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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