B405, Loreto 1B
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B405, Loreto 1B
What is B405 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 4th of 9
- Parking
- T2-B-21
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,400 /yr
- Last sold
- AED 525K · December 2024
- Building
- Loreto 1B
About B405, Loreto 1B
B405 is a studio of 460 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 4 December 2024 for AED 525,000, or AED 1,140 per sqft, in line with the AED 1,140 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 May 2025, is AED 55,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for B405 over time
B405 has sold 3 times; the dashed line is the studio median of each year in the building.
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 B405 sits
All 21 studios →B405 last sold in December 2024 at AED 1,140 per sqft, in line with what studios in Loreto 1B were fetching at the time (AED 1,140). Over the last 12 months studios sold for AED 715,000, around AED 1,183 per sqft, and rent for AED 46,000 to 48,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 604 sqft | 715,000 | 1,183 | ||
| 30 May 202530 May 2025 | 476 sqft | 605,000 | 1,270 | ||
| 20 May 202520 May 2025 | 460 sqft | 782,000 | 1,700 | ||
| 3 May 20253 May 2025 | 459 sqft | 550,000 | 1,199 |
Loreto 1B
Building84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,383
- Typical sale
- AED 1.01M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.3%
Other units on the 4th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 3-bed | 1,619 sqft | AED 1.23MAED 1,231,200 · Dec 2022December 2022 | 158,100 /yr | |
| B402 | 1-bed | 796 sqft | AED 1.14MAED 1,140,000 · May 2025May 2025 | 30,000 /yr | |
| B403 | Studio | 482 sqft | AED 400KAED 400,000 · Sep 2022September 2022 | 46,000 /yr | |
| B404 | Studio | 501 sqft | AED 803KAED 803,000 · Jun 2023June 2023 | 52,800 /yr | |
| B406 | 787 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | |||
| B407 | 1-bed | 816 sqft | AED 585KAED 585,000 · Dec 2020December 2020 | 64,100 /yr | |
| B408 | 1-bed | 801 sqft | AED 935KAED 935,000 · Feb 2020February 2020 | 80,000 /yr | |
| B409 | 1-bed | 818 sqft | AED 774KAED 774,000 · Nov 2019November 2019 | 57,251 /yr | |
| B410 | Studio | 476 sqft | AED 525KAED 525,000 · Nov 2024November 2024 | 65,000 /yr | |
| B411 | 1-bed | 860 sqft | AED 813KAED 813,000 · Jan 2020January 2020 | 86,000 /yr | |
| B412 | 1-bed | 942 sqft | AED 1.11MAED 1,107,000 · Mar 2020March 2020 | 87,000 /yr | |
| B413 | 2-bed | 1,336 sqft | AED 1.19MAED 1,190,000 · Nov 2019November 2019 |
B405, Loreto 1B in numbers
- Sold 3 times: first on 18 November 2019 for AED 657,000, last on 4 December 2024 for AED 525,000 (AED 1,140 per sqft).
- Rented since August 2023 on 2 Ejari contracts, from AED 30,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 6,400 a year (AED 13.82 per sqft).
- Studios in Loreto 1B sold for AED 715,000–715,000 in the 12 months to November 2026; the building's median across all types is AED 1,383 per sqft.
Source: Dubai Land Department. Updated 15 May 2025.
Questions about B405, Loreto 1B
What did unit B405 last sell for?
AED 525,000 on 4 December 2024: AED 1,140 per sqft for 460 sqft. The unit has 3 registered sales; the first was AED 657,000 in November 2019.
What is the rent for unit B405?
AED 55,000 a year on the contract signed on 15 May 2025. The previous contract, from August 2023, was AED 30,000.
How big is unit B405?
460 sqft (42.7 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B405 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 715,000 in the last 12 months, around AED 1,183 per sqft.
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Mortgage on B405, Loreto 1B
Starts from the last sale price (AED 525K, 4 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →