B906, Loreto 1B
Sold prices and rental history: sold twice, last in October 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B906, Loreto 1B
What is B906 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 9th of 9
- Parking
- P2-20
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 11,300 /yr
- Last sold
- AED 720K · October 2020
- Building
- Loreto 1B
About B906, Loreto 1B
B906 is a one-bedroom apartment of 816 sqft on the 9th floor of Loreto 1B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 25 October 2020 for AED 720,000, or AED 881 per sqft, 9% below the AED 968 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 February 2024, is AED 73,000 a year: a gross yield of 10.1% on the 2020 price, before the service charge of about AED 11,300 a year.
Sales and rents for B906 over time
B906 has sold twice; 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 B906 sits
All 38 1-beds →B906 last sold in October 2020 at AED 881 per sqft, 9% below what one-beds in Loreto 1B were fetching at the time (AED 968). 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. B906's AED 73,000 is in the lower half 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 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 | |
| B904 | Studio | 466 sqft | AED 686KAED 686,000 · Feb 2020February 2020 | 50,000 /yr | |
| B905 | 1-bed | 787 sqft | AED 818KAED 817,700 · Jun 2020June 2020 | ||
| 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 |
B906, Loreto 1B in numbers
- Sold twice: first on 24 February 2020 for AED 784,980, last on 25 October 2020 for AED 720,000 (AED 881 per sqft).
- Rented since October 2022 on 2 Ejari contracts, from AED 45,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2020 price is 10.1%, 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 February 2024.
Questions about B906, Loreto 1B
What did unit B906 last sell for?
AED 720,000 on 25 October 2020: AED 881 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 784,980 in February 2020.
What is the rent for unit B906?
AED 73,000 a year on the contract signed on 1 February 2024. The previous contract, from October 2022, was AED 45,000.
How big is unit B906?
816 sqft (75.8 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.
What is unit B906 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 B906, Loreto 1B
Starts from the last sale price (AED 720K, 25 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →