2-bed · 1,421 sqftLoreto 1B, Damac Hills · 6th floor · completed 2017

B613, Loreto 1B

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow B613

Unit B613 · DLD and Ejari recordsUpdated 1 November 2022

Last soldAED 1.37M5 February 2020

Current rentAED 125K /yr1 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow B613

Property timeline for B613, Loreto 1B

Today

What is B613 worth today?

Last sold for AED 1,372,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2022

1 Nov 2022RentedNew contract

AED 125,000/yr12 months · AED 88 per sqft

6 Jun 2021

6 Jun 2021RentedNew contract

AED 106,000/yr12 months · AED 75 per sqft

5 Feb 2020

5 Feb 2020Sold by developerReady

AED 1,372,000AED 965 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type: 2-bed apartment
Size: 1,421 sqft
Floor: 6th of 9
Parking: UP1-01
Developer: DAMAC
Completed: 2017
Service charge: AED 19,600 /yr
Last sold: AED 1.37M · February 2020
Building: Loreto 1B

About B613, Loreto 1B

B613 is a two-bedroom apartment of 1,421 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 5 February 2020 for AED 1,372,000, or AED 965 per sqft, 8% above the AED 893 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 November 2022, is AED 125,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 19,600 a year.

Sales and rents for B613 over time

Sales

Unit B613, each saleTypical two-bed in Loreto 1B

B613 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit B613, each contractTypical two-bed in Loreto 1B

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 1B, and where B613 sits

All 13 2-beds →

2-beds in Loreto 1B · last 12 months1,310 /sqft Loreto 1B · all types1,342 /sqft

B613 last sold in February 2020 at AED 965 per sqft, 8% above what two-beds in Loreto 1B were fetching at the time (AED 893). Over the last 12 months two-beds sold for AED 3,350,000, around AED 1,310 per sqft, and rent for AED 105,000 to 120,000 a year. B613's AED 125,000 is at the top of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
15 May 202615 May 2026	2,555 sqft	3,350,000	1,310
16 Oct 202516 October 2025	1,273 sqft	1,859,520	1,460
26 May 202526 May 2025	1,262 sqft	1,650,000	1,307
25 Feb 202525 February 2025	2,555 sqft	2,450,000	958

1 2-bed sale 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


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
B612	1-bed	946 sqft	AED 1.12MAED 1,123,000 · Dec 2019December 2019	80,000 /yr

1–7 of 12

B613, Loreto 1B in numbers

Sold once: by DAMAC on 5 February 2020 for AED 1,372,000, or AED 965 per sqft.
Rented since June 2021 on 2 Ejari contracts, from AED 106,000 to AED 125,000 a year.
At AED 125,000 a year the gross yield on the 2020 price is 9.1%, before a service charge of about AED 19,600 a year (AED 13.82 per sqft).
Two-beds in Loreto 1B sold for AED 3,350,000–3,350,000 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 November 2022.

Questions about B613, Loreto 1B

What did unit B613 last sell for?

AED 1,372,000 on 5 February 2020, sold by the developer: AED 965 per sqft for 1,421 sqft. It is the only registered sale of the unit.

What is the rent for unit B613?

AED 125,000 a year on the contract signed on 1 November 2022. The previous contract, from June 2021, was AED 106,000.

How big is unit B613?

1,421 sqft (132.0 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B613 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 1B sold for AED 3,350,000 to 3,350,000 in the last 12 months, around AED 1,310 per sqft.

Selling B613? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B613, Loreto 1B

Starts from the last sale price (AED 1.37M, 5 February 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,372,000
Deposit, UAE resident (20%): AED 274,400
Deposit, non-resident (40%): AED 548,800
Monthly over 25 years at 3.7%: AED 5,613

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