1-bed · 860 sqftLoreto 1B, Damac Hills · 6th floor · completed 2017

B611, 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.

Unit B611 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 822K15 January 2020
Current rentAED 80K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B611, Loreto 1B

What is B611 worth today?

Last sold for AED 822,000 in 2020

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15 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
15 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
10 Jun 2023RentedNew contract
AED 51,450/yr12 months · AED 60 per sqft
10 Jun 2022RentedNew contract
AED 49,000/yr12 months · AED 57 per sqft
15 Jan 2020Sold by developerReady
AED 822,000AED 956 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
6th of 9
Parking
LP1-23
Developer
DAMAC
Completed
2017
Service charge
AED 11,900 /yr
Last sold
AED 822K · January 2020
Building
Loreto 1B

About B611, Loreto 1B

B611 is a one-bedroom apartment of 860 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 15 January 2020 for AED 822,000, 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 2022 on 4 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 80,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 11,900 a year.

Sales and rents for B611 over time

Sales
Unit B611, 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, January 2020: AED 822,000 (AED 956 per sqft)

B611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B611, 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, June 2022: AED 49,000 a yearNew contract, June 2023: AED 51,450 a yearNew contract, August 2025: AED 80,000 a yearRenewal, August 2026: AED 80,000 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 B611 sits

All 40 1-beds →

B611 last sold in January 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. B611's AED 80,000 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

B611, Loreto 1B in numbers

  • Sold once: by DAMAC on 15 January 2020 for AED 822,000, or AED 956 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 49,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 9.7%, 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 15 August 2026.

Questions about B611, Loreto 1B

What did unit B611 last sell for?

AED 822,000 on 15 January 2020, sold by the developer: AED 956 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit B611?

AED 80,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since June 2022.

How big is unit B611?

860 sqft (79.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B611 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 B611, Loreto 1B

Starts from the last sale price (AED 822K, 15 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 822,000
Deposit, UAE resident (20%)
AED 164,400
Deposit, non-resident (40%)
AED 328,800
Monthly over 25 years at 3.7%
AED 3,363

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