B704, Loreto 1B
Sold prices and rental history: sold twice, last in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B704, Loreto 1B
What is B704 worth today?
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Source: Dubai Land Department. Updated 26 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 7th of 9
- Parking
- UP1-04
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 10,900 /yr
- Last sold
- AED 785K · November 2022
- Building
- Loreto 1B
About B704, Loreto 1B
B704 is a one-bedroom apartment of 787 sqft on the 7th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 28 November 2022 for AED 785,000, or AED 997 per sqft, in line with the AED 997 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 26 December 2025, is AED 103,000 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 10,900 a year.
Sales and rents for B704 over time
B704 has sold twice; 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 B704 sits
All 38 1-beds →B704 last sold in November 2022 at AED 997 per sqft, in line with what one-beds in Loreto 1B were fetching at the time (AED 997). 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. B704's AED 103,000 is at the top 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 7th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701 | 3-bed | 1,872 sqft | AED 1.56MAED 1,562,000 · Oct 2021October 2021 | 170,000 /yr | |
| B702 | Studio | 459 sqft | AED 550KAED 550,000 · May 2025May 2025 | 47,000 /yr | |
| B703 | 2-bed | 1,362 sqft | AED 1.19MAED 1,189,720 · Feb 2020February 2020 | 115,000 /yr | |
| B705 | 1-bed | 816 sqft | AED 965KAED 965,000 · Mar 2020March 2020 | ||
| B706 | 1-bed | 794 sqft | AED 756KAED 756,000 · Nov 2019November 2019 | 61,094 /yr | |
| B707 | 1,273 sqft | AED 1.86MAED 1,859,520 · Oct 2025October 2025 | |||
| B708 | 1-bed | 832 sqft | AED 1.02MAED 1,020,000 · Sep 2024September 2024 | 78,000 /yr | |
| B709 | 2-bed | 2,149 sqft | AED 1.76MAED 1,760,000 · Mar 2021March 2021 | 90,000 /yr |
B704, Loreto 1B in numbers
- Sold twice: first on 4 January 2021 for AED 713,000, last on 28 November 2022 for AED 785,000 (AED 997 per sqft).
- Rented since December 2025 on 2 Ejari contracts, at AED 103,000 a year.
- At AED 103,000 a year the gross yield on the 2022 price is 13.1%, before a service charge of about AED 10,900 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 26 December 2025.
Questions about B704, Loreto 1B
What did unit B704 last sell for?
AED 785,000 on 28 November 2022: AED 997 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 713,000 in January 2021.
What is the rent for unit B704?
AED 103,000 a year on the contract signed on 26 December 2025. The previous contract, from December 2025, was AED 103,000.
How big is unit B704?
787 sqft (73.1 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B704 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 B704, Loreto 1B
Starts from the last sale price (AED 785K, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 785,000
- Deposit, UAE resident (20%)
- AED 157,000
- Deposit, non-resident (40%)
- AED 314,000
- Monthly over 25 years at 3.7%
- AED 3,212
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →