Loreto 1B
Studios to three-beds in Damac Hills. 2 apartments sold in the last 12 months; every sale, rent and unit is below.
About Loreto 1B
Loreto 1B is a mid-rise residential building in the Loreto cluster of DAMAC Hills, a master community in Dubailand known for its expansive golf and park landscapes. Set alongside tree-lined avenues and open green space, the building offers a calmer suburban setting within reach of Dubai’s key employment and leisure districts. Homes in Loreto 1B are contemporary apartments ranging from studios to three-bedroom layouts. The tower rises seven floors and features a modern glass-led façade, with many units oriented to capture community greenery and golf course vistas. Interiors typically include balconies and open-plan living, while the building’s specification is in line with other recent apartment blocks in the community. Residents have access to on-site leisure facilities including a temperature-controlled outdoor swimming pool, a well-equipped gym, steam room and sauna, landscaped gardens, a children’s play area and a tennis court. Practicalities are covered with a staffed lobby, high-speed elevators and covered parking, and the building is pet-friendly. Day-to-day needs are met within DAMAC Hills, where you’ll find a community supermarket, cafés and casual dining, with additional retail and services a short drive away. Established schooling options in the immediate area include Jebel Ali School, with several nurseries nearby. Connectivity is straightforward by car via Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54). Public transport is available from local bus stops within the community, while the nearest Dubai Metro stations, such as Dubai Investment Park and Jumeirah Golf Estates, are typically a 15–20 minute drive depending on traffic. Popular attractions including Dubai Autodrome and Dubai Miracle Garden are also within easy driving distance, adding to the recreational appeal of the location.
84 apartments over 9 floors: 21 studios of 418 to 630 sqft, 38 one-beds of 787 to 1,294 sqft, 12 two-beds of 1,262 to 2,560 sqft and 9 three-beds of 1,619 to 3,907 sqft. The service charge is AED 13.82 per sqft a year.
2 apartments sold in the 12 months to February 2026, at a median of AED 1,383 per sqft. 9 rental contracts were registered over the same 12 months, at a typical AED 80,000 a year.
- Developer
- DAMAC
- Completed
- 2017
- Floors
- 9
- Units
- 84
- Unit types
- Studio to 3-bed
Average prices in Loreto 1B
In Loreto 1B, typical sale prices over the last 12 months were around AED 715,000 for studios and AED 1,300,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Loreto 1B
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Loreto 1B
- CompletedStudio · 603 sqft 27 Jan 2026AED 715,0001,184 /sqft
- Completed818 sqft 26 Nov 2025AED 1,295,0001,582 /sqft
- Completed418 sqft 07 Nov 2025AED 760,0001,816 /sqft
- Completed786 sqft 05 Nov 2025AED 1,000,0001,271 /sqft
- Completed1,273 sqft 16 Oct 2025AED 1,859,5201,460 /sqft
- CompletedStudio · 476 sqft 30 May 2025AED 605,0001,271 /sqft
- Completed2-bed · 1,262 sqft 26 May 2025AED 1,650,0001,307 /sqft
- CompletedStudio · 459 sqft 20 May 2025AED 782,0001,700 /sqft
- Completed3-bed · 3,211 sqft 16 May 2025AED 3,450,0001,074 /sqft
- CompletedStudio · 458 sqft 03 May 2025AED 550,0001,199 /sqft
Over the last 12 months, Loreto 1B has recorded 2 apartment sales. Typical homes sold for around AED 1.01M (about AED 1,383 per sqft) with a median size of 711 sqft; most were studios.
Units in Loreto 1B
84 units- Unit B3013-bed · 3,211 sqftSold AED 3.45M, May 2025
- Unit B3021-bed · 1,294 sqftSold AED 1M, Nov 2019
- Unit B303Studio · 604 sqftSold AED 715K, Jan 2026
- Unit B304Studio · 630 sqftSold AED 768K, Jan 2023
- Unit B305Studio · 584 sqftSold AED 770K, May 2023
- Unit B3061-bed · 851 sqftSold AED 1M, Mar 2020
- Unit B307Studio · 539 sqftSold AED 750K, Aug 2023
- Unit B308818 sqftSold AED 1.3M, Nov 2025
- Unit B309Studio · 475 sqftSold AED 566K, Nov 2019
- Unit B3101-bed · 856 sqftSold AED 923K, Jan 2020
Every unit in Loreto 1B, by number
- B301
- B302
- B303
- B304
- B305
- B306
- B307
- B308
- B309
- B310
- B311
- B312
- B401
- B402
- B403
- B404
- B405
- B406
- B407
- B408
- B409
- B410
- B411
- B412
- B413
- B501
- B502
- B503
- B504
- B505
- B506
- B507
- B508
- B509
- B510
- B511
- B512
- B513
- B601
- B602
- B603
- B604
- B605
- B606
- B607
- B608
- B609
- B610
- B611
- B612
- B613
- B701
- B702
- B703
- B704
- B705
- B706
- B707
- B708
- B709
- B801
- B802
- B803
- B804
- B805
- B806
- B807
- B808
- B809
- B810
- B901
- B902
- B903
- B904
- B905
- B906
- B907
- B908
- B909
- B910
- TH5
- TH6
- TH7
- TH8
By type: studios (21), one-beds (38), two-beds (12), three-beds (9).
Nearby buildings in Damac Hills
All 45 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Loreto 1A | 2017 | AED 1,287 | AED 97 | 7.5% |
| Golf Panorama Tower A | 2015 | AED 1,331 | AED 105 | 7.8% |
| Orchid A | 2018 | Few sales | AED 91 | |
| Loreto 2B | 2017 | AED 1,282 | AED 94 | 7.3% |
| Golf Greens 2 Tower A | AED 1,900 | |||
| Golf Greens 2 Tower B | AED 1,651 | |||
| Golf Panorama Tower B | 2015 | AED 1,209 | AED 96 | 7.9% |
| Loreto 2A | 2017 | AED 1,264 | AED 96 | 7.6% |
| Orchid B | 2018 | AED 1,244 | AED 94 | 7.6% |
| Golf Horizon Tower A | 2015 | AED 1,308 | AED 95 | 7.2% |
Loreto 1B in numbers
- Across 2 DLD sales in the 12 months to February 2026, the median price in Loreto 1B was AED 1,383 per sqft and the typical home sold for about AED 1.01M.
- Completed in 2017 by DAMAC; 9 floors of studios to three-beds; service charge AED 13.82 per sqft a year.
- An one-bed of 787 to 1,294 sqft rents for AED 70,000 to 103,000 a year on the 6 contracts registered in the last 12 months.
- Gross rental yield 7.3%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 7 February 2026.
Questions about Loreto 1B
How much does a studio in Loreto 1B cost?
1 studio sold in the 12 months to February 2026; the median was AED 715,000, or AED 1,183 per sqft.
How much is an one-bed for rent in Loreto 1B?
About AED 85,000 a year: that is the median of the 6 contracts for one-beds registered with Ejari in the 12 months to February 2026, from AED 70,000 to 103,000.
What is the rental yield in Loreto 1B?
About 7.3% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Loreto 1B?
AED 13.82 per sqft a year. For a typical 711 sqft home that is about AED 9,800 a year.
Who built Loreto 1B and when?
DAMAC; completed in 2017; 9 floors; 84 apartments.
How many apartments are there in Loreto 1B?
84, studios to three-beds. Each has its own page with its full sales and rental history.
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