1-bed · 816 sqftLoreto 1B, Damac Hills · 7th floor · completed 2017

B705, Loreto 1B

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B705 · DLD and Ejari recordsUpdated 22 March 2020
Last soldAED 965K22 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B705, Loreto 1B

What is B705 worth today?

Last sold for AED 965,000 in 2020

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22 Mar 2020Sold by developerReady
AED 965,000AED 1,181 per sqft

Source: Dubai Land Department. Updated 22 March 2020.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
7th of 9
Parking
UP1-10
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 965K · March 2020
Building
Loreto 1B

About B705, Loreto 1B

B705 is a one-bedroom apartment of 816 sqft on the 7th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 22 March 2020 for AED 965,000, or AED 1,181 per sqft, 21% above the AED 975 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B705 over time

Sales
Unit B705, 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, March 2020: AED 965,000 (AED 1,181 per sqft)

B705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B705, each contractTypical one-bed in Loreto 1B
40K60K80K20192021202320252027Typical 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 75,000

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 B705 sits

All 40 1-beds →

B705 last sold in March 2020 at AED 1,181 per sqft, 21% above what one-beds in Loreto 1B were fetching at the time (AED 975). 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.

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 7th floor

All 84 units in Loreto 1B
Value
B7013-bedAED 1.56M · Oct 2021
B702StudioAED 550K · May 2025
B7032-bedAED 1.19M · Feb 2020
B7041-bedAED 785K · Nov 2022
B7061-bedAED 756K · Nov 2019
B7072-bedAED 1.86M · Oct 2025
B7081-bedAED 1.02M · Sep 2024
1–7 of 8

B705, Loreto 1B in numbers

  • Sold once: by DAMAC on 22 March 2020 for AED 965,000, or AED 1,181 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 22 March 2020.

Questions about B705, Loreto 1B

What did unit B705 last sell for?

AED 965,000 on 22 March 2020, sold by the developer: AED 1,181 per sqft for 816 sqft. It is the only registered sale of the unit.

How big is unit B705?

816 sqft (75.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B705 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 B705, Loreto 1B

Starts from the last sale price (AED 965K, 22 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 965,000
Deposit, UAE resident (20%)
AED 193,000
Deposit, non-resident (40%)
AED 386,000
Monthly over 25 years at 3.7%
AED 3,948

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