1-bed · 816 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B806, Loreto 1B

Sold prices and rental history: sold twice, last in November 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B806 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1M22 November 2023
Current rentAED 72K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B806, Loreto 1B

What is B806 worth today?

Last sold for AED 1,003,000 in 2023

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1 Sep 2025RentedRenewal
AED 72,000/yr12 months · AED 89 per sqft
1 Sep 2024RentedNew contract
AED 76,000/yr12 months · AED 94 per sqft
22 Nov 2023SoldReady
AED 1,003,000AED 1,228 per sqft
18 Mar 2020Sold by developerReady
AED 969,000AED 1,186 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
8th of 9
Parking
UP1-37
Developer
DAMAC
Completed
2017
Service charge
AED 11,300 /yr
Last sold
AED 1M · November 2023
Building
Loreto 1B

About B806, Loreto 1B

B806 is a one-bedroom apartment of 816 sqft on the 8th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 22 November 2023 for AED 1,003,000, or AED 1,228 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 72,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for B806 over time

Sales
Unit B806, each saleTypical one-bed in Loreto 1B
800K1M2019202120232025Typical sale price by year: 2019 AED 871,000; 2020 AED 819,850; 2021 AED 713,000; 2022 AED 830,000; 2024 AED 1,000,000Sold by developer, March 2020: AED 969,000 (AED 1,186 per sqft)Sold, November 2023: AED 1,003,000 (AED 1,228 per sqft)

B806 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B806, each contractTypical one-bed in Loreto 1B
40K60K80K2019202120232025Typical rent by year: 2019 AED 67,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 52,250; 2023 AED 57,750; 2024 AED 71,400; 2025 AED 80,000New contract, September 2024: AED 76,000 a yearRenewal, September 2025: AED 72,000 a year

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 B806 sits

All 38 1-beds →

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. B806's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 20251,140,000
7 Feb 20251,050,000
16 Oct 2024900,000
5 Sep 20241,020,000
1 1-bed sale in the last 12 months

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
B803AED 760K · Nov 2025
B804StudioAED 726K · Feb 2024
B8051-bedAED 745K · Feb 2020
B8071-bedAED 842K · Feb 2020
B8082-bedAED 1.3M · Apr 2020
1–7 of 9

B806, Loreto 1B in numbers

  • Sold twice: first on 18 March 2020 for AED 969,000, last on 22 November 2023 for AED 1,003,000 (AED 1,228 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 76,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 11,300 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 1 September 2025.

Questions about B806, Loreto 1B

What did unit B806 last sell for?

AED 1,003,000 on 22 November 2023: AED 1,228 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 969,000 in March 2020.

What is the rent for unit B806?

AED 72,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 76,000.

How big is unit B806?

816 sqft (75.8 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B806 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 B806, Loreto 1B

Starts from the last sale price (AED 1M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,000
Deposit, UAE resident (20%)
AED 200,600
Deposit, non-resident (40%)
AED 401,200
Monthly over 25 years at 3.7%
AED 4,104

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