
B904, Loreto 1B
Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B904, Loreto 1B
What is B904 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 466 sqft
- Floor
- 9th of 9
- Parking
- P2-18
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,400 /yr
- Last sold
- AED 686K · February 2020
- Building
- Loreto 1B
About B904, Loreto 1B
B904 is a studio of 466 sqft on the 9th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 4 February 2020 for AED 686,000, or AED 1,473 per sqft, 3% above the AED 1,428 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 November 2024, is AED 50,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 6,400 a year.
Sales and rents for B904 over time
B904 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 1B, and where B904 sits
All 21 studios →B904 last sold in February 2020 at AED 1,473 per sqft, 3% above what studios in Loreto 1B were fetching at the time (AED 1,428). Over the last 12 months studios sold for AED 715,000, around AED 1,183 per sqft, and rent for AED 46,000 to 48,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 604 sqft | 715,000 | 1,183 | ||
| 30 May 202530 May 2025 | 476 sqft | 605,000 | 1,270 | ||
| 20 May 202520 May 2025 | 460 sqft | 782,000 | 1,700 | ||
| 3 May 20253 May 2025 | 459 sqft | 550,000 | 1,199 |
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 9th floor
All 84 units in Loreto 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B901 | 3-bed | 1,640 sqft | AED 1.51MAED 1,513,000 · Jun 2021June 2021 | 150,000 /yr | |
| B902 | 1-bed | 812 sqft | AED 875KAED 875,000 · Aug 2022August 2022 | 90,000 /yr | |
| B903 | Studio | 418 sqft | AED 590KAED 590,000 · May 2025May 2025 | 35,000 /yr | |
| B905 | 1-bed | 787 sqft | AED 818KAED 817,700 · Jun 2020June 2020 | ||
| B906 | 1-bed | 816 sqft | AED 720KAED 720,000 · Oct 2020October 2020 | 73,000 /yr | |
| B907 | 1-bed | 794 sqft | AED 862KAED 862,290 · Feb 2020February 2020 | 58,000 /yr | |
| B908 | 2-bed | 1,262 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | 120,000 /yr | |
| B909 | 1-bed | 820 sqft | AED 1MAED 1,001,000 · Apr 2020April 2020 | 68,000 /yr | |
| B910 | 2-bed | 1,527 sqft | AED 1.9MAED 1,902,000 · Nov 2022November 2022 |
B904, Loreto 1B in numbers
- Sold once: by DAMAC on 4 February 2020 for AED 686,000, or AED 1,473 per sqft.
- Rented since June 2020 on 6 Ejari contracts, from AED 44,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 6,400 a year (AED 13.82 per sqft).
- Studios in Loreto 1B sold for AED 715,000–715,000 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 15 November 2024.
Questions about B904, Loreto 1B
What did unit B904 last sell for?
AED 686,000 on 4 February 2020, sold by the developer: AED 1,473 per sqft for 466 sqft. It is the only registered sale of the unit.
What is the rent for unit B904?
AED 50,000 a year on the contract signed on 15 November 2024. The previous contract, from October 2023, was AED 50,000; the unit has been rented since June 2020.
How big is unit B904?
466 sqft (43.3 sqm): a studio on the 9th floor of a 9-storey tower completed in 2017.
What is unit B904 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 1B sold for AED 715,000 to 715,000 in the last 12 months, around AED 1,183 per sqft.
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Mortgage on B904, Loreto 1B
Starts from the last sale price (AED 686K, 4 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 686,000
- Deposit, UAE resident (20%)
- AED 137,200
- Deposit, non-resident (40%)
- AED 274,400
- Monthly over 25 years at 3.7%
- AED 2,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →