B304, Loreto 2B
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B304, Loreto 2B
What is B304 worth today?
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Source: Dubai Land Department. Updated 17 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 581 sqft
- Floor
- 3rd of 9
- Parking
- B-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,200 /yr
- Last sold
- AED 585K · May 2024
- Building
- Loreto 2B
About B304, Loreto 2B
B304 is a studio of 581 sqft on the 3rd floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 13 May 2024 for AED 585,000, or AED 1,006 per sqft, in line with the AED 1,006 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 17 July 2026, is AED 50,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 6,200 a year.
Sales and rents for B304 over time
B304 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Loreto 2B, and where B304 sits
All 25 studios →B304 last sold in May 2024 at AED 1,006 per sqft, in line with what studios in Loreto 2B were fetching at the time (AED 1,006). Over the last 12 months studios sold for AED 550,000 to 637,500, around AED 1,090 per sqft, and rent for AED 36,685 to 60,000 a year. B304's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 495 sqft | 550,000 | 1,111 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 637,500 | 1,069 | ||
| 6 Nov 20256 November 2025 | 526 sqft | 600,000 | 1,141 | ||
| 19 Sep 202419 September 2024 | 333 sqft | 465,000 | 1,394 |
Loreto 2B
Building83 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%
Other units on the 3rd floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B301 | 2-bed | 1,917 sqft | AED 2.24MAED 2,237,000 · Jan 2024January 2024 | ||
| B302 | 3-bed | 3,653 sqft | AED 3.05MAED 3,054,000 · Sep 2022September 2022 | 200,000 /yr | |
| B303 | 1-bed | 1,314 sqft | AED 1.2MAED 1,200,000 · May 2025May 2025 | 64,500 /yr | |
| B305 | Studio | 592 sqft | AED 790KAED 790,000 · May 2018May 2018 | 45,000 /yr | |
| B306 | Studio | 580 sqft | AED 747KAED 747,000 · Nov 2017November 2017 | 45,000 /yr | |
| B307 | 1-bed | 867 sqft | AED 1.17MAED 1,167,150 · Jan 2016January 2016 | 75,000 /yr | |
| B308 | Studio | 596 sqft | AED 638KAED 637,500 · Nov 2025November 2025 | 60,000 /yr | |
| B309 | 1-bed | 982 sqft | AED 730KAED 730,000 · Aug 2020August 2020 | 84,000 /yr | |
| B310 | 2-bed | 1,477 sqft | AED 1.9MAED 1,900,000 · May 2025May 2025 | 130,000 /yr | |
| B311 | Studio | 430 sqft | AED 656KAED 655,500 · Aug 2014August 2014 | 40,000 /yr |
B304, Loreto 2B in numbers
- Sold 4 times: first on 21 September 2014 for AED 849,300, last on 13 May 2024 for AED 585,000 (AED 1,006 per sqft).
- Rented since August 2018 on 6 Ejari contracts, from AED 40,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 6,200 a year (AED 10.63 per sqft).
- Studios in Loreto 2B sold for AED 550,000–637,500 in the 12 months to November 2026; the building's median across all types is AED 1,282 per sqft.
Source: Dubai Land Department. Updated 17 July 2026.
Questions about B304, Loreto 2B
What did unit B304 last sell for?
AED 585,000 on 13 May 2024: AED 1,006 per sqft for 581 sqft. The unit has 4 registered sales; the first was AED 849,300 in September 2014.
What is the rent for unit B304?
AED 50,000 a year on the contract renewed on 17 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since August 2018.
How big is unit B304?
581 sqft (54.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 2B sold for AED 550,000 to 637,500 in the last 12 months, around AED 1,090 per sqft.
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Mortgage on B304, Loreto 2B
Starts from the last sale price (AED 585K, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →