3-bed · 3,653 sqftLoreto 2B, Damac Hills · 3rd floor · completed 2017

B302, Loreto 2B

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B302 · DLD and Ejari recordsUpdated 3 April 2025
Last soldAED 3.05M7 September 2022
Current rentAED 200K /yr3 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B302, Loreto 2B

What is B302 worth today?

Last sold for AED 3,054,000 in 2022

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3 Apr 2025RentedNew contract
AED 200,000/yr12 months · AED 55 per sqft
7 Sep 2022Sold by developerReady
AED 3,054,000AED 836 per sqft
1 Jul 2020RentedRenewal
AED 112,000/yr13 months · AED 31 per sqft
1 Jun 2019RentedNew contract
AED 120,650/yr13 months · AED 33 per sqft

Source: Dubai Land Department. Updated 3 April 2025.

Key facts

Type
3-bed apartment
Size
3,653 sqft
Floor
3rd of 9
Parking
LP1-30 , LP1-31
Developer
DAMAC
Completed
2017
Service charge
AED 38,800 /yr
Last sold
AED 3.05M · September 2022
Building
Loreto 2B

About B302, Loreto 2B

B302 is a three-bedroom apartment of 3,653 sqft on the 3rd floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 7 September 2022 for AED 3,054,000, or AED 836 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 3 April 2025, is AED 200,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 38,800 a year.

3-beds in Loreto 2B, and where B302 sits

All 4 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
21 Jun 20232,900,000
21 Jul 20221,149,000
29 Jul 20191,863,200
8 Jul 20192,091,200
0 3-bed sales in the last 12 months

Loreto 2B

Building

83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,282
Typical sale
AED 1.09M
Typical rent
AED 74K /yr
Typical yield
7.0%
Loreto 2B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 83 units in Loreto 2B
Value
B3012-bedAED 2.24M · Jan 2024
B3031-bedAED 1.2M · May 2025
B304StudioAED 585K · May 2024
B305StudioAED 790K · May 2018
B306StudioAED 747K · Nov 2017
B3071-bedAED 1.17M · Jan 2016
B308StudioAED 638K · Nov 2025
1–7 of 10

B302, Loreto 2B in numbers

  • Sold once: by DAMAC on 7 September 2022 for AED 3,054,000, or AED 836 per sqft.
  • Rented since June 2019 on 3 Ejari contracts, from AED 120,650 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 38,800 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 3 April 2025.

Questions about B302, Loreto 2B

What did unit B302 last sell for?

AED 3,054,000 on 7 September 2022, sold by the developer: AED 836 per sqft for 3,653 sqft. It is the only registered sale of the unit.

What is the rent for unit B302?

AED 200,000 a year on the contract signed on 3 April 2025. The previous contract, from July 2020, was AED 112,000; the unit has been rented since June 2019.

How big is unit B302?

3,653 sqft (339.4 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B302, Loreto 2B

Starts from the last sale price (AED 3.05M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,054,000
Deposit, UAE resident (20%)
AED 610,800
Deposit, non-resident (40%)
AED 1,221,600
Monthly over 25 years at 3.7%
AED 12,495

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →