2-bed · 1,273 sqftLoreto 1B, Damac Hills · 8th floor · completed 2017

B808, Loreto 1B

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B808 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.3M1 April 2020
Current rentAED 110K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B808, Loreto 1B

What is B808 worth today?

Last sold for AED 1,300,000 in 2020

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1 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
1 Apr 2020Sold by developerReady
AED 1,300,000AED 1,020 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
8th of 9
Parking
P2-13
Developer
DAMAC
Completed
2017
Service charge
AED 17,600 /yr
Last sold
AED 1.3M · April 2020
Building
Loreto 1B

About B808, Loreto 1B

B808 is a two-bedroom apartment of 1,273 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 1 April 2020 for AED 1,300,000, or AED 1,020 per sqft, 14% above the AED 891 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 110,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 17,600 a year.

Sales and rents for B808 over time

Sales
Unit B808, each saleTypical two-bed in Loreto 1B
1.4M1.6M20192020202120222023Typical sale price by year: 2019 AED 1,498,365; 2020 AED 1,296,800; 2022 AED 1,681,500Sold by developer, April 2020: AED 1,300,000 (AED 1,020 per sqft)

B808 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B808, each contractTypical two-bed in Loreto 1B
100K110K202120232025Typical rent by year: 2021 AED 100,800; 2022 AED 110,000; 2023 AED 100,000; 2024 AED 112,000; 2025 AED 110,000New contract, October 2025: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 1B, and where B808 sits

All 12 2-beds →

B808 last sold in April 2020 at AED 1,020 per sqft, 14% above what two-beds in Loreto 1B were fetching at the time (AED 891).

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20251,650,000
25 Feb 20252,450,000
20 Aug 20241,850,000
31 Jul 20241,970,000
0 2-bed sales 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
B8061-bedAED 1M · Nov 2023
B8071-bedAED 842K · Feb 2020
1–7 of 9

B808, Loreto 1B in numbers

  • Sold once: by DAMAC on 1 April 2020 for AED 1,300,000, or AED 1,020 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 17,600 a year (AED 13.82 per sqft).

Source: Dubai Land Department. Updated 1 October 2025.

Questions about B808, Loreto 1B

What did unit B808 last sell for?

AED 1,300,000 on 1 April 2020, sold by the developer: AED 1,020 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit B808?

AED 110,000 a year on the contract signed on 1 October 2025.

How big is unit B808?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B808 worth today?

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

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Mortgage on B808, Loreto 1B

Starts from the last sale price (AED 1.3M, 1 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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