Studio · 511 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B804, Loreto 1B

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B804 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 726K8 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B804, Loreto 1B

What is B804 worth today?

Last sold for AED 726,000 in 2024

Unlock today's estimate, updated daily, with

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

8 Feb 2024Sold by developerReady
AED 726,000AED 1,419 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
8th of 9
Parking
UP1-15
Developer
DAMAC
Completed
2017
Service charge
AED 7,100 /yr
Last sold
AED 726K · February 2024
Building
Loreto 1B

About B804, Loreto 1B

B804 is a studio of 511 sqft on the 8th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 8 February 2024 for AED 726,000, or AED 1,419 per sqft, in line with the AED 1,390 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B804 over time

Sales
Unit B804, 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, February 2024: AED 726,000 (AED 1,419 per sqft)

B804 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B804, 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 44,500

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 B804 sits

All 22 studios →

B804 last sold in February 2024 at AED 1,419 per sqft, in line with what studios in Loreto 1B were fetching at the time (AED 1,390). 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.

Recent studio salesUnit no.Price (AED)Summary
14 Oct 2026778,560
27 Jan 2026715,000
7 Nov 2025760,000
30 May 2025605,000
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
B803StudioAED 760K · Nov 2025
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

B804, Loreto 1B in numbers

  • Sold once: by DAMAC on 8 February 2024 for AED 726,000, or AED 1,419 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 8 February 2024.

Questions about B804, Loreto 1B

What did unit B804 last sell for?

AED 726,000 on 8 February 2024, sold by the developer: AED 1,419 per sqft for 511 sqft. It is the only registered sale of the unit.

How big is unit B804?

511 sqft (47.5 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B804 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 B804? 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 B804, Loreto 1B

Starts from the last sale price (AED 726K, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 726,000
Deposit, UAE resident (20%)
AED 145,200
Deposit, non-resident (40%)
AED 290,400
Monthly over 25 years at 3.7%
AED 2,970

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