PropertyIndex

Loreto 1 B

Completed|85 units · 1 building

Loreto 1 B is a completed development by DAMAC in Damac Hills, comprising 85 registered units. 117 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,205 per sqft. At AED 1,205 per sqft, Loreto 1 B prices 4% below the Damac Hills median of AED 1,258 per sqft on registered sales.

PIX© price · 11.4% YoY
1.54MAED
Typical
1,205AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
117
DLD · all time
Rent contracts
250
Ejari · all time
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PIX© Unit History

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Floor
Units on floor 4

1 Bed on Floor 4, Loreto 1 B

Size
Record
Dec 2019 to May 2025
Owners
5
Tenants
2
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Owner 51 May 202517 mo
Current owner
Mortgage
4Owner 47 Feb 20253 mo
3Owner 316 Oct 20244 mo
2Tenant 21 Sep 202312 mo
Owner 2
2Owner 21 Feb 20222.7 yrs
Sold with tenant in place
1Tenant 123 Sep 202123 mo
Owner 1
1Owner 14 Dec 20192.2 yrs
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1 Bed · Floor 4 · Loreto 1 B
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Loreto 1 B

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
138 - 3,907 sqft
851.54M1,20511.4%80K5.2%
Residential
Studio · Apartment
418 - 630 sqft
22
1 Bed · Apartment
787 - 1,294 sqft
40
2 Bed · Apartment
1,262 - 2,560 sqft
13
3 Bed · Apartment
1,619 - 3,907 sqft
9
Commercial
Warehouse
138 sqft
1-----
Sales - Project-Wide117 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
3 Jul 20261 BedLoreto 1 B · Floor 4818970,0001,185+25.3%StandardStandard Sale
11 Jun 20261 BedLoreto 1 B · Floor 59461,300,0001,374+44.4%StandardStandard Sale
15 May 20262 BedLoreto 1 B · Floor G2,5553,350,0001,311+36.7%StandardStandard Sale
Rentals - Project-Wide250 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
3 Oct 20261 BedLoreto 1 B · Floor 494287,00092-PremiumCERTIFICATE
24 Sep 2026StudioLoreto 1 B · Floor 548263,500132-StandardCONTRACT
3 Sep 20261 BedLoreto 1 B · Floor 778775,00095-StandardCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills

The closest-priced registered projects in Damac Hills.

Common questions about Loreto 1 B

Answered from Dubai Land Department registered transactions.

How much does a property in Loreto 1 B cost?

Property in Loreto 1 B sells at a current PIX© price of AED 1,205 per sqft, or about AED 1,543,545 for a typical unit, based on 117 sales registered with the Dubai Land Department.

Is Loreto 1 B completed?

Yes. Loreto 1 B is recorded as completed in the Dubai Land Department project register.

Who is the developer of Loreto 1 B?

Loreto 1 B is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Loreto 1 B?

Loreto 1 B yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 250 registered Ejari contracts.

How many units are in Loreto 1 B?

Loreto 1 B holds 85 registered units, per the Dubai Land Department unit register.

Have prices in Loreto 1 B gone up or down?

Price per sqft has fallen -11.4% over the last 12 months, to AED 1,205, across 117 registered sales.