418 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B803, Loreto 1B

Sold prices and rental history: sold twice, last in November 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B803 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 760K7 November 2025
Current rentAED 40K /yr16 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B803, Loreto 1B

What is B803 worth today?

Last sold for AED 760,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Nov 2025SoldReady
AED 760,000AED 1,816 per sqft
16 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 96 per sqft
27 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 81 per sqft
20 Jan 2020Sold by developerReady
AED 511,560AED 1,222 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
Apartment
Size
418 sqft
Floor
8th of 9
Parking
nan
Developer
DAMAC
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 760K · November 2025
Building
Loreto 1B

About B803, Loreto 1B

B803 is an apartment of 418 sqft on the 8th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 November 2025 for AED 760,000, or AED 1,816 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 16 October 2023, is AED 40,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 5,800 a year.

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 8th floor

All 84 units in Loreto 1B
Value
B8013-bedAED 2.26M · Oct 2024
B8021-bedAED 1M · Aug 2024
B804StudioAED 726K · Feb 2024
B8051-bedAED 745K · Feb 2020
B8061-bedAED 1M · Nov 2023
B8071-bedAED 842K · Feb 2020
B8082-bedAED 1.3M · Apr 2020
1–7 of 9

B803, Loreto 1B in numbers

  • Sold twice: first on 20 January 2020 for AED 511,560, last on 7 November 2025 for AED 760,000 (AED 1,816 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 5,800 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 7 November 2025.

Questions about B803, Loreto 1B

What did unit B803 last sell for?

AED 760,000 on 7 November 2025: AED 1,816 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 511,560 in January 2020.

What is the rent for unit B803?

AED 40,000 a year on the contract signed on 16 October 2023. The previous contract, from October 2021, was AED 34,000.

How big is unit B803?

418 sqft (38.8 sqm): an apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling B803? 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.

How OpenOffers works

Mortgage on B803, Loreto 1B

Starts from the last sale price (AED 760K, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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