B612, Loreto 1B
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B612, Loreto 1B
What is B612 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 6th of 9
- Parking
- LP1-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.12M · December 2019
- Building
- Loreto 1B
About B612, Loreto 1B
B612 is a one-bedroom apartment of 946 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 23 December 2019 for AED 1,123,000, or AED 1,186 per sqft, 17% above the AED 1,011 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 80,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 13,100 a year.
Sales and rents for B612 over time
B612 has sold once; the dashed line is the one-bed median of each year in the building.
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 B612 sits
All 40 1-beds →B612 last sold in December 2019 at AED 1,186 per sqft, 17% above what one-beds in Loreto 1B were fetching at the time (AED 1,011). 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. B612's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20263 July 2026 | 818 sqft | 970,000 | 1,185 | ||
| 11 Jun 202611 June 2026 | 946 sqft | 1,300,000 | 1,373 | ||
| 4 May 20264 May 2026 | 787 sqft | 1,000,000 | 1,270 | ||
| 5 Mar 20265 March 2026 | 797 sqft | 1,200,000 | 1,506 |
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 | |
| 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 | |
| B613 | 2-bed | 1,421 sqft | AED 1.37MAED 1,372,000 · Feb 2020February 2020 | 125,000 /yr |
B612, Loreto 1B in numbers
- Sold once: by DAMAC on 23 December 2019 for AED 1,123,000, or AED 1,186 per sqft.
- Rented since November 2020 on 6 Ejari contracts, from AED 47,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 13,100 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 5 December 2025.
Questions about B612, Loreto 1B
What did unit B612 last sell for?
AED 1,123,000 on 23 December 2019, sold by the developer: AED 1,186 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit B612?
AED 80,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2020.
How big is unit B612?
946 sqft (87.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit B612 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 B612, Loreto 1B
Starts from the last sale price (AED 1.12M, 23 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,123,000
- Deposit, UAE resident (20%)
- AED 224,600
- Deposit, non-resident (40%)
- AED 449,200
- Monthly over 25 years at 3.7%
- AED 4,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →