B708, Loreto 1B
Sold prices and rental history: sold twice, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B708, Loreto 1B
What is B708 worth today?
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Source: Dubai Land Department. Updated 16 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 7th of 9
- Parking
- T2-UP1-13
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1.02M · September 2024
- Building
- Loreto 1B
About B708, Loreto 1B
B708 is a one-bedroom apartment of 832 sqft on the 7th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 5 September 2024 for AED 1,020,000, or AED 1,226 per sqft, in line with the AED 1,228 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 16 October 2025, is AED 78,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 11,500 a year.
Sales and rents for B708 over time
B708 has sold twice; 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 B708 sits
All 40 1-beds →B708 last sold in September 2024 at AED 1,226 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 1,228). 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. B708's AED 78,000 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 7th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701 | 3-bed | 1,872 sqft | AED 1.56MAED 1,562,000 · Oct 2021October 2021 | 170,000 /yr | |
| B702 | Studio | 459 sqft | AED 550KAED 550,000 · May 2025May 2025 | 40,000 /yr | |
| B703 | 2-bed | 1,362 sqft | AED 1.19MAED 1,189,720 · Feb 2020February 2020 | 115,000 /yr | |
| B704 | 1-bed | 787 sqft | AED 785KAED 785,000 · Nov 2022November 2022 | 75,000 /yr | |
| B705 | 1-bed | 816 sqft | AED 965KAED 965,000 · Mar 2020March 2020 | ||
| B706 | 1-bed | 794 sqft | AED 756KAED 756,000 · Nov 2019November 2019 | 80,000 /yr | |
| B707 | 2-bed | 1,273 sqft | AED 1.86MAED 1,859,520 · Oct 2025October 2025 | ||
| B709 | 2-bed | 2,149 sqft | AED 1.76MAED 1,760,000 · Mar 2021March 2021 | 90,000 /yr |
B708, Loreto 1B in numbers
- Sold twice: first on 10 November 2019 for AED 780,000, last on 5 September 2024 for AED 1,020,000 (AED 1,226 per sqft).
- Rented since October 2024 on 2 Ejari contracts, at AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 11,500 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 16 October 2025.
Questions about B708, Loreto 1B
What did unit B708 last sell for?
AED 1,020,000 on 5 September 2024: AED 1,226 per sqft for 832 sqft. The unit has 2 registered sales; the first was AED 780,000 in November 2019.
What is the rent for unit B708?
AED 78,000 a year on the contract renewed on 16 October 2025. The previous contract, from October 2024, was AED 78,000.
How big is unit B708?
832 sqft (77.3 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B708 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 B708, Loreto 1B
Starts from the last sale price (AED 1.02M, 5 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →