B305, Loreto 2B
Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B305, Loreto 2B
What is B305 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 592 sqft
- Floor
- 3rd of 9
- Parking
- B-15
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 6,300 /yr
- Last sold
- AED 790K · May 2018
- Building
- Loreto 2B
About B305, Loreto 2B
B305 is a studio of 592 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 1 May 2018 for AED 790,000, or AED 1,333 per sqft, in line with the AED 1,333 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 July 2024, is AED 45,000 a year: a gross yield of 5.7% on the 2018 price, before the service charge of about AED 6,300 a year.
Sales and rents for B305 over time
B305 has sold once; 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 B305 sits
All 25 studios →B305 last sold in May 2018 at AED 1,333 per sqft, in line with what studios in Loreto 2B were fetching at the time (AED 1,333). 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. B305's AED 45,000 is in the lower 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 | |
| B304 | Studio | 581 sqft | AED 585KAED 585,000 · May 2024May 2024 | 50,000 /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 |
B305, Loreto 2B in numbers
- Sold once: by DAMAC on 1 May 2018 for AED 790,000, or AED 1,333 per sqft.
- Rented since February 2020 on 5 Ejari contracts, from AED 35,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2018 price is 5.7%, before a service charge of about AED 6,300 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 28 July 2024.
Questions about B305, Loreto 2B
What did unit B305 last sell for?
AED 790,000 on 1 May 2018, sold by the developer: AED 1,333 per sqft for 592 sqft. It is the only registered sale of the unit.
What is the rent for unit B305?
AED 45,000 a year on the contract signed on 28 July 2024. The previous contract, from February 2023, was AED 37,000; the unit has been rented since February 2020.
How big is unit B305?
592 sqft (55.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B305 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.
Selling B305? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on B305, Loreto 2B
Starts from the last sale price (AED 790K, 1 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →