1-bed · 946 sqftLoreto 1B, Damac Hills · 5th floor · completed 2017

B512, Loreto 1B

Sold prices and rental history: sold once, by the developer in April 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B512 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 900K1 April 2020
Current rentAED 86K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B512, Loreto 1B

What is B512 worth today?

Last sold for AED 900,000 in 2020

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20 May 2025RentedRenewal
AED 86,000/yr12 months · AED 91 per sqft
1 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft
1 Apr 2020Sold by developerReady
AED 900,000AED 950 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
5th of 9
Parking
G-28
Developer
DAMAC
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 900K · April 2020
Building
Loreto 1B

About B512, Loreto 1B

B512 is a one-bedroom apartment of 946 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 1 April 2020 for AED 900,000, or AED 950 per sqft, in line with the AED 968 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 86,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 13,100 a year.

Sales and rents for B512 over time

Sales
Unit B512, each saleTypical one-bed in Loreto 1B
800K1M2019202120232025Typical sale price by year: 2019 AED 871,000; 2020 AED 819,850; 2021 AED 713,000; 2022 AED 830,000; 2024 AED 1,000,000Sold by developer, April 2020: AED 900,000 (AED 950 per sqft)

B512 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B512, each contractTypical one-bed in Loreto 1B
40K60K80K2019202120232025Typical rent by year: 2019 AED 67,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 52,250; 2023 AED 57,750; 2024 AED 71,400; 2025 AED 80,000New contract, February 2021: AED 55,000 a yearRenewal, May 2025: AED 86,000 a year

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 B512 sits

All 38 1-beds →

B512 last sold in April 2020 at AED 950 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 968). 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. B512's AED 86,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 20251,140,000
7 Feb 20251,050,000
16 Oct 2024900,000
5 Sep 20241,020,000
1 1-bed 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

B512, Loreto 1B in numbers

  • Sold once: by DAMAC on 1 April 2020 for AED 900,000, or AED 950 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, from AED 55,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 13,100 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 20 May 2025.

Questions about B512, Loreto 1B

What did unit B512 last sell for?

AED 900,000 on 1 April 2020, sold by the developer: AED 950 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit B512?

AED 86,000 a year on the contract renewed on 20 May 2025. The previous contract, from February 2021, was AED 55,000.

How big is unit B512?

946 sqft (87.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit B512 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 B512, Loreto 1B

Starts from the last sale price (AED 900K, 1 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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