diff --git a/readthedocs/core/templatetags/privacy_tags.py b/readthedocs/core/templatetags/privacy_tags.py
index 938438efdc9..115bb9eadd2 100644
--- a/readthedocs/core/templatetags/privacy_tags.py
+++ b/readthedocs/core/templatetags/privacy_tags.py
@@ -20,21 +20,11 @@ def is_admin(user, project):
 
 @register.simple_tag(takes_context=True)
 def get_public_projects(context, user):
-    # Creates a Subquery object which returns the latest builds 'id'.
-    # Used for optimization purpose.
-    subquery = Subquery(
-        Build.objects.filter(
-            project=OuterRef('project_id')).values_list('id', flat=True)[:1]
-    )
-    # Filters the latest builds of projects.
-    latest_build = Prefetch('builds', Build.objects.filter(
-        pk__in=subquery), to_attr='_latest_build'
-    )
     # 'Exists()' checks if the project has any good builds.
     projects = Project.objects.for_user_and_viewer(
         user=user,
         viewer=context['request'].user,
-    ).prefetch_related('users', latest_build).annotate(
+    ).prefetch_latest_build().annotate(
         _good_build=Exists(
             Build.objects.filter(success=True, project=OuterRef('pk')))
     )
diff --git a/readthedocs/projects/models.py b/readthedocs/projects/models.py
index 04e092e7f10..6fe3dcd3de1 100644
--- a/readthedocs/projects/models.py
+++ b/readthedocs/projects/models.py
@@ -392,6 +392,9 @@ class Project(models.Model):
     objects = ProjectQuerySet.as_manager()
     all_objects = models.Manager()
 
+    # Property used for storing the latest build for a project when prefetching
+    LATEST_BUILD_CACHE = '_latest_build'
+
     class Meta:
         ordering = ('slug',)
         permissions = (
@@ -857,7 +860,7 @@ def get_latest_build(self, finished=True):
         """
         # Check if there is `_latest_build` attribute in the Queryset.
         # Used for Database optimization.
-        if hasattr(self, '_latest_build'):
+        if hasattr(self, self.LATEST_BUILD_CACHE):
             if self._latest_build:
                 return self._latest_build[0]
             return None
diff --git a/readthedocs/projects/querysets.py b/readthedocs/projects/querysets.py
index ece4e99b961..7ea7249ae0d 100644
--- a/readthedocs/projects/querysets.py
+++ b/readthedocs/projects/querysets.py
@@ -1,7 +1,7 @@
 """Project model QuerySet classes."""
 
 from django.db import models
-from django.db.models import Q
+from django.db.models import Q, OuterRef, Subquery, Prefetch
 from guardian.shortcuts import get_objects_for_user
 
 from readthedocs.core.utils.extend import SettingsOverrideObject
@@ -75,10 +75,32 @@ def is_active(self, project):
 
         return True
 
+    def prefetch_latest_build(self):
+        """
+        For a given queryset of projects, prefetch the latest build for each project
+
+        This should come after any filtering.
+        """
+        from readthedocs.builds.models import Build
+
+        # Prefetch the latest build for each project.
+        subquery = Subquery(
+            Build.objects.filter(
+                project=OuterRef('project_id')
+            ).order_by('-date').values_list('id', flat=True)[:1]
+        )
+        latest_build = Prefetch(
+            'builds',
+            Build.objects.filter(pk__in=subquery),
+            to_attr=self.model.LATEST_BUILD_CACHE,
+        )
+        return self.prefetch_related(latest_build)
+
     # Aliases
 
     def dashboard(self, user=None):
-        return self.for_admin_user(user)
+        """Get the projects for this user including the latest build"""
+        return self.for_admin_user(user).prefetch_latest_build()
 
     def api(self, user=None, detail=True):
         if detail:
diff --git a/readthedocs/projects/views/private.py b/readthedocs/projects/views/private.py
index d360fecd408..3b3522ae40f 100644
--- a/readthedocs/projects/views/private.py
+++ b/readthedocs/projects/views/private.py
@@ -7,7 +7,6 @@
 from django.contrib import messages
 from django.contrib.auth.decorators import login_required
 from django.contrib.auth.models import User
-from django.db.models import Count, OuterRef, Subquery
 from django.http import (
     Http404,
     HttpResponseBadRequest,
@@ -92,14 +91,7 @@ def validate_primary_email(self, user):
             notification.send()
 
     def get_queryset(self):
-        # Filters the builds for a perticular project.
-        builds = Build.objects.filter(
-            project=OuterRef('pk'), type='html', state='finished')
-        # Creates a Subquery object which returns
-        # the value of Build.success of the latest build.
-        sub_query = Subquery(builds.values('success')[:1])
-        return Project.objects.dashboard(self.request.user).annotate(
-            build_count=Count('builds'), latest_build_success=sub_query)
+        return Project.objects.dashboard(self.request.user)
 
     def get(self, request, *args, **kwargs):
         self.validate_primary_email(request.user)
diff --git a/readthedocs/templates/projects/project_dashboard_base.html b/readthedocs/templates/projects/project_dashboard_base.html
index 7a18d58bb0b..9574644244e 100644
--- a/readthedocs/templates/projects/project_dashboard_base.html
+++ b/readthedocs/templates/projects/project_dashboard_base.html
@@ -66,27 +66,22 @@ <h3>{% trans "Projects" %}</h3>
                       {% block project-name %}
                         {{ project.name }}
                       {% endblock %}
-                      {% with builds=project.build_count %}
-                        {% if builds == 0 %}
-                          <span class="right quiet">
-                            {% trans "No builds yet" %}
-                          </span>
-                        {% else %}
-                          <span class="right quiet">
-                            <span class="build-count">
-                              {% blocktrans trimmed count counter=builds %}
-                                1 build
-                              {% plural %}
-                                {{ builds }} builds
-                              {% endblocktrans %}
-                            </span>
-                            {% if project.latest_build_success %}
+                      {% with build=project.get_latest_build %}
+                        <span class="right quiet">
+
+                          {% if build %}
+                            <time class="build-count" datetime="{{ build.date|date:"c" }}" title="{{ build.date|date:"DATETIME_FORMAT" }}">
+                              <small>{% blocktrans with date=build.date|timesince %}{{ date }} ago{% endblocktrans %}</small>
+                            </time>
+                            {% if build.success %}
                               <span class="build-state build-state-passing">{% trans "passing" %}</span>
                             {% else %}
                               <span class="build-state build-state-failing">{% trans "failing" %}</span>
                             {% endif %}
-                          </span>
-                        {% endif %}
+                          {% else %}
+                            <span>{% trans "No builds yet" %}</span>
+                          {% endif %}
+                        </span>
                       {% endwith %}
                     </a>
                   </li>