Studio · 466 sqftLoreto 1B, Damac Hills · 9th floor · completed 2017

B904, Loreto 1B

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

Unit B904 · DLD and Ejari recordsUpdated 14 September 2026
Last soldAED 686K4 February 2020
Current rentAED 44K /yr14 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B904, Loreto 1B

What is B904 worth today?

Last sold for AED 686,000 in 2020

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14 Sep 2026RentedNew contract
AED 44,000/yr12 months · AED 95 per sqft
15 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
1 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 107 per sqft
1 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
9 Jun 2020RentedNew contract
AED 44,000/yr12 months · AED 94 per sqft
4 Feb 2020Sold by developerReady
AED 686,000AED 1,473 per sqft

Source: Dubai Land Department. Updated 14 September 2026.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
9th of 9
Parking
P2-18
Developer
DAMAC
Completed
2017
Service charge
AED 6,400 /yr
Last sold
AED 686K · February 2020
Building
Loreto 1B

About B904, Loreto 1B

B904 is a studio of 466 sqft on the 9th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 4 February 2020 for AED 686,000, or AED 1,473 per sqft, 3% above the AED 1,428 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 14 September 2026, is AED 44,000 a year: a gross yield of 6.4% on the 2020 price, before the service charge of about AED 6,400 a year.

Sales and rents for B904 over time

Sales
Unit B904, 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 686,000 (AED 1,473 per sqft)

B904 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B904, 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, June 2020: AED 44,000 a yearNew contract, October 2020: AED 45,000 a yearNew contract, October 2021: AED 45,000 a yearNew contract, October 2022: AED 45,000 a yearNew contract, October 2023: AED 50,000 a yearNew contract, November 2024: AED 50,000 a yearNew contract, September 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 B904 sits

All 22 studios →

B904 last sold in February 2020 at AED 1,473 per sqft, 3% above what studios in Loreto 1B were fetching at the time (AED 1,428). 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. B904'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
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
B903StudioAED 590K · May 2025
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

B904, Loreto 1B in numbers

  • Sold once: by DAMAC on 4 February 2020 for AED 686,000, or AED 1,473 per sqft.
  • Rented since June 2020 on 7 Ejari contracts, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2020 price is 6.4%, before a service charge of about AED 6,400 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 14 September 2026.

Questions about B904, Loreto 1B

What did unit B904 last sell for?

AED 686,000 on 4 February 2020, sold by the developer: AED 1,473 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit B904?

AED 44,000 a year on the contract signed on 14 September 2026. The previous contract, from November 2024, was AED 50,000; the unit has been rented since June 2020.

How big is unit B904?

466 sqft (43.3 sqm): a studio on the 9th floor of a 9-storey tower completed in 2017.

What is unit B904 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 B904, Loreto 1B

Starts from the last sale price (AED 686K, 4 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 686,000
Deposit, UAE resident (20%)
AED 137,200
Deposit, non-resident (40%)
AED 274,400
Monthly over 25 years at 3.7%
AED 2,807

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