B507, Loreto 1B
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B507, Loreto 1B
What is B507 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 768K · January 2020
- Building
- Loreto 1B
About B507, Loreto 1B
B507 is a one-bedroom apartment of 817 sqft on the 5th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 14 January 2020 for AED 768,000, or AED 940 per sqft, in line with the AED 956 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 70,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 11,300 a year.
Sales and rents for B507 over time
B507 has sold once; 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 B507 sits
All 38 1-beds →B507 last sold in January 2020 at AED 940 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 956). 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. B507's AED 70,000 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 5th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 3-bed | 1,619 sqft | AED 1.77MAED 1,774,080 · Nov 2019November 2019 | 150,000 /yr | |
| B502 | 1-bed | 797 sqft | AED 762KAED 762,000 · Nov 2019November 2019 | 57,000 /yr | |
| B503 | Studio | 482 sqft | AED 629KAED 629,000 · Jun 2023June 2023 | 62,000 /yr | |
| B504 | Studio | 526 sqft | AED 671KAED 670,700 · Jun 2023June 2023 | 50,000 /yr | |
| B505 | Studio | 460 sqft | AED 782KAED 782,000 · May 2025May 2025 | 39,000 /yr | |
| B506 | 1-bed | 815 sqft | AED 820KAED 820,000 · Mar 2021March 2021 | 82,000 /yr | |
| B508 | 1-bed | 794 sqft | AED 748KAED 748,000 · Nov 2019November 2019 | ||
| B509 | 1-bed | 818 sqft | AED 967KAED 967,000 · Mar 2020March 2020 | ||
| B510 | Studio | 476 sqft | AED 680KAED 680,000 · Nov 2019November 2019 | ||
| B511 | 1-bed | 860 sqft | AED 817KAED 817,000 · Jan 2020January 2020 | 82,000 /yr | |
| B512 | 1-bed | 946 sqft | AED 900KAED 900,000 · Apr 2020April 2020 | 86,000 /yr | |
| B513 | 2-bed | 1,421 sqft | AED 1.85MAED 1,850,000 · Aug 2024August 2024 |
B507, Loreto 1B in numbers
- Sold once: by DAMAC on 14 January 2020 for AED 768,000, or AED 940 per sqft.
- Rented since November 2020 on 4 Ejari contracts, from AED 44,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2020 price is 9.1%, 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 1 October 2025.
Questions about B507, Loreto 1B
What did unit B507 last sell for?
AED 768,000 on 14 January 2020, sold by the developer: AED 940 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit B507?
AED 70,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since November 2020.
How big is unit B507?
817 sqft (75.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B507 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 B507, Loreto 1B
Starts from the last sale price (AED 768K, 14 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 768,000
- Deposit, UAE resident (20%)
- AED 153,600
- Deposit, non-resident (40%)
- AED 307,200
- Monthly over 25 years at 3.7%
- AED 3,142
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →