B407, Loreto 1B
Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B407, Loreto 1B
What is B407 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 4th of 9
- Parking
- B-23
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 585K · December 2020
- Building
- Loreto 1B
About B407, Loreto 1B
B407 is a one-bedroom apartment of 816 sqft on the 4th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 10 December 2020 for AED 585,000, or AED 716 per sqft, 27% below the AED 975 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 64,100 a year: a gross yield of 11.0% on the 2020 price, before the service charge of about AED 11,300 a year.
Sales and rents for B407 over time
B407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 B407 sits
All 38 1-beds →B407 last sold in December 2020 at AED 716 per sqft, 27% below what one-beds in Loreto 1B were fetching at the time (AED 975). Over the last 12 months one-beds sold for AED 1,295,000, around AED 1,582 per sqft, and rent for AED 70,000 to 103,000 a year. B407's AED 64,100 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20251 May 2025 | 796 sqft | 1,140,000 | 1,431 | ||
| 7 Feb 20257 February 2025 | 796 sqft | 1,050,000 | 1,318 | ||
| 16 Oct 202416 October 2024 | 796 sqft | 900,000 | 1,130 | ||
| 5 Sep 20245 September 2024 | 832 sqft | 1,020,000 | 1,226 |
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 | |
| B405 | Studio | 460 sqft | AED 525KAED 525,000 · Dec 2024December 2024 | 55,000 /yr | |
| B406 | 787 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | |||
| 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 |
B407, Loreto 1B in numbers
- Sold twice: first on 17 November 2019 for AED 871,000, last on 10 December 2020 for AED 585,000 (AED 716 per sqft).
- Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 42,000 in 2021 and recovered to AED 64,100 by November 2025.
- At AED 64,100 a year the gross yield on the 2020 price is 11.0%, before a service charge of about AED 11,300 a year (AED 13.82 per sqft).
- One-beds in Loreto 1B sold for AED 1,295,000–1,295,000 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 10 November 2025.
Questions about B407, Loreto 1B
What did unit B407 last sell for?
AED 585,000 on 10 December 2020: AED 716 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 871,000 in November 2019.
What is the rent for unit B407?
AED 64,100 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 61,050; the unit has been rented since November 2019.
How big is unit B407?
816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit B407 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 1,295,000 to 1,295,000 in the last 12 months, around AED 1,582 per sqft.
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Mortgage on B407, Loreto 1B
Starts from the last sale price (AED 585K, 10 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →