B805, Loreto 1B
Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B805, Loreto 1B
What is B805 worth today?
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Source: Dubai Land Department. Updated 5 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 8th of 9
- Parking
- UP1-36
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 10,900 /yr
- Last sold
- AED 745K · February 2020
- Building
- Loreto 1B
About B805, Loreto 1B
B805 is a one-bedroom apartment of 787 sqft on the 8th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 3 February 2020 for AED 744,800, or AED 946 per sqft, in line with the AED 954 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 December 2020. The current contract, signed on 5 December 2020, is AED 40,000 a year: a gross yield of 5.4% on the 2020 price, before the service charge of about AED 10,900 a year.
Sales and rents for B805 over time
B805 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 B805 sits
All 38 1-beds →B805 last sold in February 2020 at AED 946 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. B805's AED 40,000 is at the bottom 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 8th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B801 | 3-bed | 1,787 sqft | AED 2.26MAED 2,260,000 · Oct 2024October 2024 | ||
| B802 | 1-bed | 812 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 70,000 /yr | |
| B803 | 418 sqft | AED 760KAED 760,000 · Nov 2025November 2025 | 40,000 /yr | ||
| B804 | Studio | 511 sqft | AED 726KAED 726,000 · Feb 2024February 2024 | ||
| B806 | 1-bed | 816 sqft | AED 1MAED 1,003,000 · Nov 2023November 2023 | 72,000 /yr | |
| B807 | 1-bed | 794 sqft | AED 842KAED 842,490 · Feb 2020February 2020 | 80,000 /yr | |
| B808 | 2-bed | 1,273 sqft | AED 1.3MAED 1,300,000 · Apr 2020April 2020 | 110,000 /yr | |
| B809 | 1-bed | 831 sqft | AED 795KAED 795,000 · Jun 2020June 2020 | 90,000 /yr | |
| B810 | 2-bed | 1,450 sqft | AED 1.29MAED 1,293,600 · Feb 2020February 2020 | 135,000 /yr |
B805, Loreto 1B in numbers
- Sold once: by DAMAC on 3 February 2020 for AED 744,800, or AED 946 per sqft.
- Rented since December 2020 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2020 price is 5.4%, 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 5 December 2020.
Questions about B805, Loreto 1B
What did unit B805 last sell for?
AED 744,800 on 3 February 2020, sold by the developer: AED 946 per sqft for 787 sqft. It is the only registered sale of the unit.
What is the rent for unit B805?
AED 40,000 a year on the contract signed on 5 December 2020.
How big is unit B805?
787 sqft (73.1 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.
What is unit B805 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 B805, Loreto 1B
Starts from the last sale price (AED 745K, 3 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 744,800
- Deposit, UAE resident (20%)
- AED 148,960
- Deposit, non-resident (40%)
- AED 297,920
- Monthly over 25 years at 3.7%
- AED 3,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →