Studio · 418 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B803, Loreto 1B

Sold prices and rental history: sold twice, last in November 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B803 · DLD and Ejari recordsUpdated 16 October 2026
Last soldAED 760K7 November 2025
Current rentAED 44K /yr16 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B803, Loreto 1B

What is B803 worth today?

Last sold for AED 760,000 in 2025

Unlock today's estimate, updated daily, with

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

16 Oct 2026RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft
7 Nov 2025SoldReady
AED 760,000AED 1,816 per sqft
16 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 96 per sqft
27 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 81 per sqft
20 Jan 2020Sold by developerReady
AED 511,560AED 1,222 per sqft

Source: Dubai Land Department. Updated 16 October 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
8th of 9
Parking
nan
Developer
DAMAC
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 760K · November 2025
Building
Loreto 1B

About B803, Loreto 1B

B803 is a studio of 418 sqft on the 8th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 November 2025 for AED 760,000, or AED 1,816 per sqft, 47% above the AED 1,235 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 16 October 2026, is AED 44,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 5,800 a year.

Sales and rents for B803 over time

Sales
Unit B803, each saleTypical studio in Loreto 1B
400K600K800K2019202120232025Typical sale price by year: 2019 AED 659,500; 2020 AED 631,000; 2022 AED 350,000; 2023 AED 759,000; 2024 AED 525,000; 2025 AED 617,500Sold by developer, January 2020: AED 511,560 (AED 1,222 per sqft)Sold, November 2025: AED 760,000 (AED 1,816 per sqft)

B803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B803, each contractTypical studio in Loreto 1B
30K40K50K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 30,754; 2022 AED 30,800; 2023 AED 40,000; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 44,500New contract, October 2021: AED 34,000 a yearNew contract, October 2023: AED 40,000 a yearNew contract, October 2026: AED 44,000 a year

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

Studios in Loreto 1B, and where B803 sits

All 22 studios →

B803 last sold in November 2025 at AED 1,816 per sqft, 47% above what studios in Loreto 1B were fetching at the time (AED 1,235). Over the last 12 months studios sold for AED 715,000 to 778,560, around AED 1,409 per sqft, and rent for AED 40,000 to 65,000 a year. B803's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Oct 2026778,560
27 Jan 2026715,000
30 May 2025605,000
20 May 2025782,000
2 studio 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 8th floor

All 84 units in Loreto 1B
Value
B8013-bedAED 2.26M · Oct 2024
B8021-bedAED 1M · Aug 2024
B804StudioAED 726K · Feb 2024
B8051-bedAED 745K · Feb 2020
B8061-bedAED 1M · Nov 2023
B8071-bedAED 842K · Feb 2020
B8082-bedAED 1.3M · Apr 2020
1–7 of 9

B803, Loreto 1B in numbers

  • Sold twice: first on 20 January 2020 for AED 511,560, last on 7 November 2025 for AED 760,000 (AED 1,816 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 34,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2025 price is 5.8%, before a service charge of about AED 5,800 a year (AED 13.82 per sqft).
  • Studios in Loreto 1B sold for AED 715,000–778,560 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 2026.

Questions about B803, Loreto 1B

What did unit B803 last sell for?

AED 760,000 on 7 November 2025: AED 1,816 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 511,560 in January 2020.

What is the rent for unit B803?

AED 44,000 a year on the contract signed on 16 October 2026. The previous contract, from October 2023, was AED 40,000; the unit has been rented since October 2021.

How big is unit B803?

418 sqft (38.8 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1B sold for AED 715,000 to 778,560 in the last 12 months, around AED 1,409 per sqft.

Selling B803? 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 B803, Loreto 1B

Starts from the last sale price (AED 760K, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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