Ask ChatGPT
Ask ClaudeLoreto 1 B is a completed development by DAMAC in Damac Hills, comprising 85 registered units. 118 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,284 per sqft. At AED 1,284 per sqft, Loreto 1 B prices 3% above the Damac Hills median of AED 1,243 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
1 Bed on Floor 4, Loreto 1 B
- Size
- Record
- Dec 2019 to May 2025
- Owners
- 5
- Tenants
- 2
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 5Owner 5 | 1 May 2025 | 18 mo | Current owner Mortgage | |||
| 4Owner 4 | 7 Feb 2025 | 3 mo | ||||
| 3Owner 3 | 16 Oct 2024 | 4 mo | ||||
| 2Tenant 2 | 1 Sep 2023 | 12 mo | Owner 2 | |||
| 2Owner 2 | 1 Feb 2022 | 2.7 yrs | Sold with tenant in place | |||
| 1Tenant 1 | 23 Sep 2021 | 23 mo | Owner 1 | |||
| 1Owner 1 | 4 Dec 2019 | 2.2 yrs |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 138 - 3,907 sqft | 85 | 1.55M | 1,284 | ↓10.5% | 80K | 5.2% | |
| 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 | - | - | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 14 Oct 2026 | Studio | Loreto 1 B · Floor 5 | 476 | 778,560 | 1,635 | - | Standard | Payment Plan Sale | |
| 3 Jul 2026 | 1 Bed | Loreto 1 B · Floor 4 | 818 | 970,000 | 1,185 | +25.3% | Standard | Standard Sale | |
| 11 Jun 2026 | 1 Bed | Loreto 1 B · Floor 5 | 946 | 1,300,000 | 1,374 | +44.4% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 30 Oct 2026 | Studio | Loreto 1 B · Floor 3 | 604 | 45,000 | 75 | - | Standard | CONTRACT | |
| 29 Oct 2026 | Studio | Loreto 1 B · Floor 6 | 461 | 45,124 | 98 | - | Standard | CONTRACT | |
| 16 Oct 2026 | Studio | Loreto 1 B · Floor 8 | 418 | 44,000 | 105 | - | Entry Level | CONTRACT |
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.
- Carson CAED 1,282/sqft
- CarsonAED 1,289/sqft
- Loreto 1 AAED 1,275/sqft
- Golf Veduta Hotel ApartmentsAED 1,274/sqft
- Jasmine AAED 1,296/sqft
- JasmineAED 1,298/sqft
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 1,284 per sqft, or about AED 1,551,318 for a typical unit, based on 118 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 263 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 -10.5% over the last 12 months, to AED 1,284, across 118 registered sales.