Studio · 476 sqftLoreto 1B, Damac Hills · 5th floor · completed 2017

B510, Loreto 1B

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B510 · DLD and Ejari recordsUpdated 18 November 2019
Last soldAED 680K18 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B510, Loreto 1B

What is B510 worth today?

Last sold for AED 680,000 in 2019

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18 Nov 2019Sold by developerReady
AED 680,000AED 1,428 per sqft

Source: Dubai Land Department. Updated 18 November 2019.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
5th of 9
Parking
G-26
Developer
DAMAC
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 680K · November 2019
Building
Loreto 1B

About B510, Loreto 1B

B510 is a studio of 476 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 18 November 2019 for AED 680,000, or AED 1,428 per sqft, in line with the AED 1,427 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B510 over time

Sales
Unit B510, each saleTypical studio in Loreto 1B
400K600K800K2019202120232025Typical sale price by year: 2019 AED 659,500; 2020 AED 646,000; 2022 AED 350,000; 2023 AED 759,000; 2024 AED 525,000; 2025 AED 605,000Sold by developer, November 2019: AED 680,000 (AED 1,428 per sqft)

B510 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B510, each contractTypical studio in Loreto 1B
30K40K50K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 28,000; 2022 AED 30,800; 2023 AED 37,500; 2024 AED 40,000; 2025 AED 48,000

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 B510 sits

All 21 studios →

B510 last sold in November 2019 at AED 1,428 per sqft, in line with what studios in Loreto 1B were fetching at the time (AED 1,427). 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 salesUnit no.Price (AED)Summary
27 Jan 2026715,000
30 May 2025605,000
20 May 2025782,000
3 May 2025550,000
1 studio 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. 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%
Loreto 1B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 84 units in Loreto 1B
Value
B5013-bedAED 1.77M · Nov 2019
B5021-bedAED 762K · Nov 2019
B503StudioAED 629K · Jun 2023
B504StudioAED 671K · Jun 2023
B505StudioAED 782K · May 2025
B5061-bedAED 820K · Mar 2021
B5071-bedAED 768K · Jan 2020
1–7 of 12

B510, Loreto 1B in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 680,000, or AED 1,428 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 18 November 2019.

Questions about B510, Loreto 1B

What did unit B510 last sell for?

AED 680,000 on 18 November 2019, sold by the developer: AED 1,428 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit B510?

476 sqft (44.2 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit B510 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 B510, Loreto 1B

Starts from the last sale price (AED 680K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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