B612, Loreto 1B
Sold prices and rental history: sold once, by the developer in December 2019, 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 B612, Loreto 1B
What is B612 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 6th of 9
- Parking
- LP1-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.12M · December 2019
- Building
- Loreto 1B
About B612, Loreto 1B
B612 is a one-bedroom apartment of 946 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 23 December 2019 for AED 1,123,000, or AED 1,186 per sqft, 24% above 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, signed on 5 December 2024, is AED 80,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 13,100 a year.
Sales and rents for B612 over time
B612 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 B612 sits
All 38 1-beds →B612 last sold in December 2019 at AED 1,186 per sqft, 24% above 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. B612's AED 80,000 is in the lower half 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 6th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B601 | 3-bed | 1,621 sqft | AED 1.8MAED 1,800,000 · Nov 2019November 2019 | 135,000 /yr | |
| B602 | 1-bed | 796 sqft | AED 765KAED 765,000 · Mar 2020March 2020 | 88,000 /yr | |
| B603 | Studio | 482 sqft | AED 578KAED 578,000 · Jun 2020June 2020 | 46,000 /yr | |
| B604 | Studio | 526 sqft | AED 630KAED 630,000 · Jan 2025January 2025 | 44,000 /yr | |
| B605 | Studio | 461 sqft | AED 652KAED 652,000 · Sep 2023September 2023 | 45,000 /yr | |
| B606 | 1-bed | 815 sqft | AED 970KAED 970,000 · Nov 2019November 2019 | 72,500 /yr | |
| B607 | 1-bed | 816 sqft | AED 928KAED 928,060 · Nov 2022November 2022 | 70,000 /yr | |
| B608 | 1-bed | 794 sqft | AED 935KAED 935,000 · Nov 2019November 2019 | 75,000 /yr | |
| B609 | 1-bed | 818 sqft | AED 783KAED 783,000 · Feb 2020February 2020 | 75,000 /yr | |
| B610 | Studio | 476 sqft | AED 605KAED 605,000 · May 2025May 2025 | 66,000 /yr | |
| B611 | 1-bed | 860 sqft | AED 822KAED 822,000 · Jan 2020January 2020 | 80,000 /yr | |
| B613 | 2-bed | 1,421 sqft | AED 1.37MAED 1,372,000 · Feb 2020February 2020 | 125,000 /yr |
B612, Loreto 1B in numbers
- Sold once: by DAMAC on 23 December 2019 for AED 1,123,000, or AED 1,186 per sqft.
- Rented since November 2020 on 4 Ejari contracts, from AED 47,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2019 price is 7.1%, 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 5 December 2024.
Questions about B612, Loreto 1B
What did unit B612 last sell for?
AED 1,123,000 on 23 December 2019, sold by the developer: AED 1,186 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit B612?
AED 80,000 a year on the contract signed on 5 December 2024. The previous contract, from November 2023, was AED 60,000; the unit has been rented since November 2020.
How big is unit B612?
946 sqft (87.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit B612 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.
Selling B612? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on B612, Loreto 1B
Starts from the last sale price (AED 1.12M, 23 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,123,000
- Deposit, UAE resident (20%)
- AED 224,600
- Deposit, non-resident (40%)
- AED 449,200
- Monthly over 25 years at 3.7%
- AED 4,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →