1-bed · 860 sqftLoreto 1B, Damac Hills · 6th floor · completed 2017

B611, Loreto 1B

Sold prices and rental history: sold once, by the developer in January 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B611 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 822K15 January 2020
Current rentAED 80K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B611, Loreto 1B

What is B611 worth today?

Last sold for AED 822,000 in 2020

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15 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
10 Jun 2023RentedNew contract
AED 51,450/yr12 months · AED 60 per sqft
10 Jun 2022RentedNew contract
AED 49,000/yr12 months · AED 57 per sqft
15 Jan 2020Sold by developerReady
AED 822,000AED 956 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
6th of 9
Parking
LP1-23
Developer
DAMAC
Completed
2017
Service charge
AED 11,900 /yr
Last sold
AED 822K · January 2020
Building
Loreto 1B

About B611, Loreto 1B

B611 is a one-bedroom apartment of 860 sqft on the 6th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 15 January 2020 for AED 822,000, or AED 956 per sqft, in line with the AED 954 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 August 2025, is AED 80,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 11,900 a year.

Sales and rents for B611 over time

Sales
Unit B611, 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, January 2020: AED 822,000 (AED 956 per sqft)

B611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B611, 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, June 2022: AED 49,000 a yearNew contract, June 2023: AED 51,450 a yearNew contract, August 2025: AED 80,000 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 B611 sits

All 38 1-beds →

B611 last sold in January 2020 at AED 956 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 954). 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. B611's AED 80,000 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 6th floor

All 84 units in Loreto 1B
Value
B6013-bedAED 1.8M · Nov 2019
B6021-bedAED 765K · Mar 2020
B603StudioAED 578K · Jun 2020
B604StudioAED 630K · Jan 2025
B605StudioAED 652K · Sep 2023
B6061-bedAED 970K · Nov 2019
B6071-bedAED 928K · Nov 2022
1–7 of 12

B611, Loreto 1B in numbers

  • Sold once: by DAMAC on 15 January 2020 for AED 822,000, or AED 956 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 49,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 11,900 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 15 August 2025.

Questions about B611, Loreto 1B

What did unit B611 last sell for?

AED 822,000 on 15 January 2020, sold by the developer: AED 956 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit B611?

AED 80,000 a year on the contract signed on 15 August 2025. The previous contract, from June 2023, was AED 51,450; the unit has been rented since June 2022.

How big is unit B611?

860 sqft (79.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B611 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 B611, Loreto 1B

Starts from the last sale price (AED 822K, 15 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 822,000
Deposit, UAE resident (20%)
AED 164,400
Deposit, non-resident (40%)
AED 328,800
Monthly over 25 years at 3.7%
AED 3,363

Plus AED 39,534 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →