B705, Loreto 1B
Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B705, Loreto 1B
What is B705 worth today?
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Source: Dubai Land Department. Updated 22 March 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 7th of 9
- Parking
- UP1-10
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 965K · March 2020
- Building
- Loreto 1B
About B705, Loreto 1B
B705 is a one-bedroom apartment of 816 sqft on the 7th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 22 March 2020 for AED 965,000, or AED 1,181 per sqft, 23% above the AED 961 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for B705 over time
B705 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 B705 sits
All 38 1-beds →B705 last sold in March 2020 at AED 1,181 per sqft, 23% above what one-beds in Loreto 1B were fetching at the time (AED 961). 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.
| 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 | |
| B704 | 1-bed | 787 sqft | AED 785KAED 785,000 · Nov 2022November 2022 | 103,000 /yr | |
| 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 |
B705, Loreto 1B in numbers
- Sold once: by DAMAC on 22 March 2020 for AED 965,000, or AED 1,181 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 22 March 2020.
Questions about B705, Loreto 1B
What did unit B705 last sell for?
AED 965,000 on 22 March 2020, sold by the developer: AED 1,181 per sqft for 816 sqft. It is the only registered sale of the unit.
How big is unit B705?
816 sqft (75.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B705 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 B705, Loreto 1B
Starts from the last sale price (AED 965K, 22 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 965,000
- Deposit, UAE resident (20%)
- AED 193,000
- Deposit, non-resident (40%)
- AED 386,000
- Monthly over 25 years at 3.7%
- AED 3,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →