Is there really no special loot from this five (5) star World Boss? It would SUCK if there isn't.. She has over 1,000,000 health.. -.-

Unfortunately, loot tables are not complete yet. So maybe there is some special loot from this boss, but nobody added it yet.

world bosses only drop loot if there's someone in the raid at that level, most of the lower world bosses are around lv 30, while they are still world bosses, the loot is designed for that level range.

This boss is actually no "real" worldboss.
The only purpose of this boss is the killcount for the quest Defeat Zaldrane the Enchantress which is needed for the Dreamring-Quest.