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2-bed · 1,273 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B808, Loreto 1B

Sold prices and rental history: sold once, by the developer in April 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B808 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.3M1 April 2020
Current rentAED 105K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B808, Loreto 1B

What is B808 worth today?

Last sold for AED 1,300,000 in 2020

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1 Oct 2026RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
1 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
1 Apr 2020Sold by developerReady
AED 1,300,000AED 1,020 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
8th of 9
Parking
P2-13
Developer
DAMAC
Completed
2017
Service charge
AED 17,600 /yr
Last sold
AED 1.3M · April 2020
Building
Loreto 1B

About B808, Loreto 1B

B808 is a two-bedroom apartment of 1,273 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 1 April 2020 for AED 1,300,000, or AED 1,020 per sqft, 14% above the AED 892 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 105,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 17,600 a year.

Sales and rents for B808 over time

Sales
Unit B808, each saleTypical two-bed in Loreto 1B
1.5M2019202120232025Typical sale price by year: 2019 AED 1,498,365; 2020 AED 1,293,600; 2022 AED 1,681,500; 2025 AED 1,859,520Sold by developer, April 2020: AED 1,300,000 (AED 1,020 per sqft)

B808 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B808, each contractTypical two-bed in Loreto 1B
100K110K2021202320252027Typical rent by year: 2021 AED 100,800; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 112,000; 2025 AED 112,500New contract, October 2025: AED 110,000 a yearRenewal, October 2026: AED 105,000 a year

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 B808 sits

All 13 2-beds →

B808 last sold in April 2020 at AED 1,020 per sqft, 14% above what two-beds in Loreto 1B were fetching at the time (AED 892). 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. B808's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20263,350,000
16 Oct 20251,859,520
26 May 20251,650,000
25 Feb 20252,450,000
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 8th floor

All 84 units in Loreto 1B
Value
B8013-bedAED 2.26M · Oct 2024
B8021-bedAED 1M · Aug 2024
B803StudioAED 760K · Nov 2025
B804StudioAED 726K · Feb 2024
B8051-bedAED 745K · Feb 2020
B8061-bedAED 1M · Nov 2023
B8071-bedAED 842K · Feb 2020
1–7 of 9

B808, Loreto 1B in numbers

  • Sold once: by DAMAC on 1 April 2020 for AED 1,300,000, or AED 1,020 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, from AED 110,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 17,600 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 October 2026.

Questions about B808, Loreto 1B

What did unit B808 last sell for?

AED 1,300,000 on 1 April 2020, sold by the developer: AED 1,020 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit B808?

AED 105,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 110,000.

How big is unit B808?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B808 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.

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Mortgage on B808, Loreto 1B

Starts from the last sale price (AED 1.3M, 1 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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