Studio · 596 sqftLoreto 2B, Damac Hills · 3rd floor · completed 2017

B308, Loreto 2B

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B308 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 638K11 November 2025
Current rentAED 60K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B308, Loreto 2B

What is B308 worth today?

Last sold for AED 637,500 in 2025

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15 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
11 Nov 2025SoldReady
AED 637,500AED 1,069 per sqft
15 Jul 2025RentedRenewal
AED 40,285/yr7 months · AED 68 per sqft
15 Jul 2025RentedRenewal
AED 40,285/yr7 months · AED 68 per sqft
15 Jul 2024RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
15 Jul 2023RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
15 Jun 2021RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft
11 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
3rd of 9
Parking
T4-B-18
Developer
DAMAC
Completed
2017
Service charge
AED 6,300 /yr
Last sold
AED 638K · November 2025
Building
Loreto 2B

About B308, Loreto 2B

B308 is a studio of 596 sqft on the 3rd floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 11 November 2025 for AED 637,500, or AED 1,069 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 15 February 2026, is AED 60,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 6,300 a year.

Sales and rents for B308 over time

Sales
Unit B308, each saleTypical studio in Loreto 2B
600K800K2014201820222026Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, November 2014: AED 867,350 (AED 1,455 per sqft)Sold, November 2025: AED 637,500 (AED 1,069 per sqft)

B308 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B308, each contractTypical studio in Loreto 2B
25K50K75K2018202120242027Typical rent by year: 2018 AED 36,500; 2019 AED 34,500; 2020 AED 30,000; 2021 AED 27,500; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 39,000; 2025 AED 46,000; 2026 AED 46,500Renewal, September 2019: AED 40,000 a yearRenewal, September 2020: AED 75,000 a yearNew contract, June 2021: AED 32,000 a yearNew contract, July 2023: AED 40,000 a yearRenewal, July 2024: AED 40,000 a yearRenewal, July 2025: AED 40,285 a yearRenewal, July 2025: AED 40,285 a yearNew contract, February 2026: AED 60,000 a year

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 B308 sits

All 25 studios →

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. B308's AED 60,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 2026550,000
6 Nov 2025600,000
19 Sep 2024465,000
8 Aug 2024630,000
2 studio 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
B3023-bedAED 3.05M · Sep 2022
B3031-bedAED 1.2M · May 2025
B304StudioAED 585K · May 2024
B305StudioAED 790K · May 2018
B306StudioAED 747K · Nov 2017
B3071-bedAED 1.17M · Jan 2016
1–7 of 10

B308, Loreto 2B in numbers

  • Sold twice: first on 17 November 2014 for AED 867,350, last on 11 November 2025 for AED 637,500 (AED 1,069 per sqft).
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2025 price is 9.4%, 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 15 February 2026.

Questions about B308, Loreto 2B

What did unit B308 last sell for?

AED 637,500 on 11 November 2025: AED 1,069 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 867,350 in November 2014.

What is the rent for unit B308?

AED 60,000 a year on the contract signed on 15 February 2026. The previous contract, from July 2025, was AED 40,285; the unit has been rented since September 2019.

How big is unit B308?

596 sqft (55.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B308 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 B308, Loreto 2B

Starts from the last sale price (AED 638K, 11 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 637,500
Deposit, UAE resident (20%)
AED 127,500
Deposit, non-resident (40%)
AED 255,000
Monthly over 25 years at 3.7%
AED 2,608

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