1-bed · 794 sqftLoreto 1B, Damac Hills · 9th floor · completed 2017

B907, Loreto 1B

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B907 · DLD and Ejari recordsUpdated 19 November 2022
Last soldAED 862K19 February 2020
Current rentAED 58K /yr19 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B907, Loreto 1B

What is B907 worth today?

Last sold for AED 862,290 in 2020

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19 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
5 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
19 Feb 2020Sold by developerReady
AED 862,290AED 1,085 per sqft

Source: Dubai Land Department. Updated 19 November 2022.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
9th of 9
Parking
P2-21
Developer
DAMAC
Completed
2017
Service charge
AED 11,000 /yr
Last sold
AED 862K · February 2020
Building
Loreto 1B

About B907, Loreto 1B

B907 is a one-bedroom apartment of 794 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 19 February 2020 for AED 862,290, or AED 1,085 per sqft, 12% above the AED 966 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 19 November 2022, is AED 58,000 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 11,000 a year.

Sales and rents for B907 over time

Sales
Unit B907, each saleTypical one-bed in Loreto 1B
800K1M20192021202320252027Typical sale price by year: 2019 AED 900,000; 2020 AED 822,000; 2021 AED 713,000; 2022 AED 785,000; 2024 AED 1,000,000; 2025 AED 1,095,000; 2026 AED 1,100,000Sold by developer, February 2020: AED 862,290 (AED 1,085 per sqft)

B907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B907, each contractTypical one-bed in Loreto 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 67,000; 2020 AED 45,000; 2021 AED 45,500; 2022 AED 52,575; 2023 AED 60,000; 2024 AED 72,500; 2025 AED 82,000; 2026 AED 75,000New contract, November 2021: AED 45,000 a yearNew contract, November 2022: AED 58,000 a year

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

1-beds in Loreto 1B, and where B907 sits

All 40 1-beds →

B907 last sold in February 2020 at AED 1,085 per sqft, 12% above what one-beds in Loreto 1B were fetching at the time (AED 966). Over the last 12 months one-beds sold for AED 970,000 to 1,300,000, around AED 1,373 per sqft, and rent for AED 62,000 to 103,000 a year. B907's AED 58,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jul 2026970,000
11 Jun 20261,300,000
4 May 20261,000,000
5 Mar 20261,200,000
5 1-bed 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
B904StudioAED 686K · Feb 2020
B9051-bedAED 818K · Jun 2020
B9061-bedAED 720K · Oct 2020
B9082-bedAED 1.65M · May 2025
1–7 of 9

B907, Loreto 1B in numbers

  • Sold once: by DAMAC on 19 February 2020 for AED 862,290, or AED 1,085 per sqft.
  • Rented since November 2021 on 2 Ejari contracts, from AED 45,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 11,000 a year (AED 13.82 per sqft).
  • One-beds in Loreto 1B sold for AED 970,000–1,300,000 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 19 November 2022.

Questions about B907, Loreto 1B

What did unit B907 last sell for?

AED 862,290 on 19 February 2020, sold by the developer: AED 1,085 per sqft for 794 sqft. It is the only registered sale of the unit.

What is the rent for unit B907?

AED 58,000 a year on the contract signed on 19 November 2022. The previous contract, from November 2021, was AED 45,000.

How big is unit B907?

794 sqft (73.8 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.

What is unit B907 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 1B sold for AED 970,000 to 1,300,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on B907, Loreto 1B

Starts from the last sale price (AED 862K, 19 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 862,290
Deposit, UAE resident (20%)
AED 172,458
Deposit, non-resident (40%)
AED 344,916
Monthly over 25 years at 3.7%
AED 3,528

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