2-bed · 1,262 sqftLoreto 1B, Damac Hills · 9th floor · completed 2017

B908, Loreto 1B

Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B908 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 1.65M26 May 2025
Current rentAED 120K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B908, Loreto 1B

What is B908 worth today?

Last sold for AED 1,650,000 in 2025

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26 May 2025SoldReady
AED 1,650,000AED 1,307 per sqft
1 Oct 2024RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
1 Oct 2023RentedRenewal
AED 115,000/yr12 months · AED 91 per sqft
1 Oct 2022RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
4 Jul 2022Sold by developerReady
AED 1,287,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 26 May 2025.

Key facts

Type
2-bed apartment
Size
1,262 sqft
Floor
9th of 9
Parking
T2-P2-22
Developer
DAMAC
Completed
2017
Service charge
AED 17,400 /yr
Last sold
AED 1.65M · May 2025
Building
Loreto 1B

About B908, Loreto 1B

B908 is a two-bedroom apartment of 1,262 sqft on the 9th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 26 May 2025 for AED 1,650,000, or AED 1,307 per sqft, 16% above the AED 1,130 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 120,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 17,400 a year.

Sales and rents for B908 over time

Sales
Unit B908, 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, July 2022: AED 1,287,000 (AED 1,019 per sqft)Sold, May 2025: AED 1,650,000 (AED 1,307 per sqft)

B908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B908, each contractTypical two-bed in Loreto 1B
100K110K120K202120232025Typical 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 2022: AED 110,000 a yearRenewal, October 2023: AED 115,000 a yearRenewal, October 2024: AED 120,000 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 B908 sits

All 13 2-beds →

B908 last sold in May 2025 at AED 1,307 per sqft, 16% above what two-beds in Loreto 1B were fetching at the time (AED 1,130). 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. B908's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20263,350,000
16 Oct 20251,859,520
25 Feb 20252,450,000
20 Aug 20241,850,000
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 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
B9071-bedAED 862K · Feb 2020
1–7 of 9

B908, Loreto 1B in numbers

  • Sold twice: first on 4 July 2022 for AED 1,287,000, last on 26 May 2025 for AED 1,650,000 (AED 1,307 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 17,400 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 26 May 2025.

Questions about B908, Loreto 1B

What did unit B908 last sell for?

AED 1,650,000 on 26 May 2025: AED 1,307 per sqft for 1,262 sqft. The unit has 2 registered sales; the first was AED 1,287,000 in July 2022.

What is the rent for unit B908?

AED 120,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 115,000; the unit has been rented since October 2022.

How big is unit B908?

1,262 sqft (117.2 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.

What is unit B908 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 B908, Loreto 1B

Starts from the last sale price (AED 1.65M, 26 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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