1-bed · 818 sqftLoreto 1B, Damac Hills · 6th floor · completed 2017

B609, Loreto 1B

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

Unit B609 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 783K13 February 2020
Current rentAED 70K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B609, Loreto 1B

What is B609 worth today?

Last sold for AED 783,000 in 2020

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10 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
11 Dec 2025RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
11 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
11 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
30 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
10 Nov 2021RentedRenewal
AED 46,000/yr12 months · AED 56 per sqft
10 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
13 Feb 2020Sold by developerReady
AED 783,000AED 956 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
6th of 9
Parking
LP1-21
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 783K · February 2020
Building
Loreto 1B

About B609, Loreto 1B

B609 is a one-bedroom apartment of 818 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 13 February 2020 for AED 783,000, or AED 956 per sqft, in line with 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 10 August 2026, is AED 70,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 11,300 a year.

Sales and rents for B609 over time

Sales
Unit B609, 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, February 2020: AED 783,000 (AED 956 per sqft)

B609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B609, 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, November 2020: AED 43,000 a yearRenewal, November 2021: AED 46,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, December 2023: AED 75,000 a yearRenewal, December 2024: AED 75,000 a yearRenewal, December 2025: AED 75,000 a yearNew contract, August 2026: AED 70,000 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 B609 sits

All 40 1-beds →

B609 last sold in February 2020 at AED 956 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. B609's AED 70,000 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

B609, Loreto 1B in numbers

  • Sold once: by DAMAC on 13 February 2020 for AED 783,000, or AED 956 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 43,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 8.9%, before a service charge of about AED 11,300 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 10 August 2026.

Questions about B609, Loreto 1B

What did unit B609 last sell for?

AED 783,000 on 13 February 2020, sold by the developer: AED 956 per sqft for 818 sqft. It is the only registered sale of the unit.

What is the rent for unit B609?

AED 70,000 a year on the contract signed on 10 August 2026. The previous contract, from December 2025, was AED 75,000; the unit has been rented since November 2020.

How big is unit B609?

818 sqft (76.0 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B609 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 B609, Loreto 1B

Starts from the last sale price (AED 783K, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 783,000
Deposit, UAE resident (20%)
AED 156,600
Deposit, non-resident (40%)
AED 313,200
Monthly over 25 years at 3.7%
AED 3,203

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