Studio · 418 sqftLoreto 1B, Damac Hills · 9th floor · completed 2017

B903, Loreto 1B

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

Unit B903 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 590K2 May 2025
Current rentAED 45K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B903, Loreto 1B

What is B903 worth today?

Last sold for AED 590,000 in 2025

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1 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 108 per sqft
2 May 2025SoldReady
AED 590,000AED 1,410 per sqft
13 Dec 2023RentedRenewal
AED 35,000/yr12 months · AED 84 per sqft
13 Dec 2022RentedRenewal
AED 30,800/yr12 months · AED 74 per sqft
13 Dec 2021RentedNew contract
AED 28,000/yr12 months · AED 67 per sqft
4 Feb 2020Sold by developerReady
AED 616,000AED 1,472 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
9th of 9
Parking
T2-P2-17
Developer
DAMAC
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 590K · May 2025
Building
Loreto 1B

About B903, Loreto 1B

B903 is a studio of 418 sqft on the 9th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 2 May 2025 for AED 590,000, or AED 1,410 per sqft, 21% above the AED 1,169 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 45,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 5,800 a year.

Sales and rents for B903 over time

Sales
Unit B903, 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 2020: AED 616,000 (AED 1,472 per sqft)Sold, May 2025: AED 590,000 (AED 1,410 per sqft)

B903 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B903, 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, December 2021: AED 28,000 a yearRenewal, December 2022: AED 30,800 a yearRenewal, December 2023: AED 35,000 a yearNew contract, July 2026: AED 45,000 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 B903 sits

All 22 studios →

B903 last sold in May 2025 at AED 1,410 per sqft, 21% above what studios in Loreto 1B were fetching at the time (AED 1,169). 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. B903's AED 45,000 is in the lower half of that range.

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 9th floor

All 84 units in Loreto 1B
Value
B9013-bedAED 1.51M · Jun 2021
B9021-bedAED 875K · Aug 2022
B904StudioAED 686K · Feb 2020
B9051-bedAED 818K · Jun 2020
B9061-bedAED 720K · Oct 2020
B9071-bedAED 862K · Feb 2020
B9082-bedAED 1.65M · May 2025
1–7 of 9

B903, Loreto 1B in numbers

  • Sold twice: first on 4 February 2020 for AED 616,000, last on 2 May 2025 for AED 590,000 (AED 1,410 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 28,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 7.6%, 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 1 July 2026.

Questions about B903, Loreto 1B

What did unit B903 last sell for?

AED 590,000 on 2 May 2025: AED 1,410 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 616,000 in February 2020.

What is the rent for unit B903?

AED 45,000 a year on the contract signed on 1 July 2026. The previous contract, from December 2023, was AED 35,000; the unit has been rented since December 2021.

How big is unit B903?

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

What is unit B903 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.

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Mortgage on B903, Loreto 1B

Starts from the last sale price (AED 590K, 2 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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