1-bed · 982 sqftLoreto 2B, Damac Hills · 3rd floor · completed 2017

B309, Loreto 2B

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B309 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 730K5 August 2020
Current rentAED 84K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B309, Loreto 2B

What is B309 worth today?

Last sold for AED 730,000 in 2020

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1 Feb 2026RentedNew contract
AED 84,000/yr12 months · AED 86 per sqft
15 Jan 2025RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
26 Feb 2024RentedNew contract
AED 76,000/yr12 months · AED 77 per sqft
1 Oct 2023RentedNew contract
AED 73,000/yr12 months · AED 74 per sqft
1 Jul 2022RentedRenewal
AED 57,000/yr12 months · AED 58 per sqft
1 Jul 2021RentedRenewal
AED 52,000/yr12 months · AED 53 per sqft
5 Aug 2020SoldReady
AED 730,000AED 743 per sqft
1 Jul 2020RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
3rd of 9
Parking
B-19
Developer
DAMAC
Completed
2017
Service charge
AED 10,400 /yr
Last sold
AED 730K · August 2020
Building
Loreto 2B

About B309, Loreto 2B

B309 is a one-bedroom apartment of 982 sqft on the 3rd floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 5 August 2020 for AED 730,000, or AED 743 per sqft, in line with the AED 743 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 February 2026, is AED 84,000 a year: a gross yield of 11.5% on the 2020 price, before the service charge of about AED 10,400 a year.

Sales and rents for B309 over time

Sales
Unit B309, each saleTypical one-bed in Loreto 2B
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,105,800; 2017 AED 1,014,620; 2018 AED 1,190,000; 2020 AED 730,000; 2022 AED 695,000; 2023 AED 1,050,000; 2025 AED 1,130,000Sold by developer, November 2017: AED 1,022,380 (AED 1,041 per sqft)Sold, August 2020: AED 730,000 (AED 743 per sqft)

B309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B309, each contractTypical one-bed in Loreto 2B
60K80K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 58,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 52,250; 2023 AED 57,375; 2024 AED 63,085; 2025 AED 75,000; 2026 AED 75,000New contract, July 2018: AED 80,000 a yearRenewal, July 2019: AED 75,000 a yearNew contract, July 2020: AED 52,000 a yearRenewal, July 2021: AED 52,000 a yearRenewal, July 2022: AED 57,000 a yearNew contract, October 2023: AED 73,000 a yearNew contract, February 2024: AED 76,000 a yearNew contract, January 2025: AED 80,000 a yearNew contract, February 2026: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Loreto 2B, and where B309 sits

All 36 1-beds →

B309 last sold in August 2020 at AED 743 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 743). Over the last 12 months one-beds sold for AED 1,050,000 to 1,150,000, around AED 1,332 per sqft, and rent for AED 60,637 to 95,000 a year. B309's AED 84,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,150,000
23 Dec 20251,130,000
17 Nov 20251,050,000
7 Oct 20251,150,000
3 1-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
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

B309, Loreto 2B in numbers

  • Sold twice: first on 22 November 2017 for AED 1,022,380, last on 5 August 2020 for AED 730,000 (AED 743 per sqft).
  • Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2021 and recovered to AED 84,000 by February 2026.
  • At AED 84,000 a year the gross yield on the 2020 price is 11.5%, before a service charge of about AED 10,400 a year (AED 10.63 per sqft).
  • One-beds in Loreto 2B sold for AED 1,050,000–1,150,000 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 1 February 2026.

Questions about B309, Loreto 2B

What did unit B309 last sell for?

AED 730,000 on 5 August 2020: AED 743 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,022,380 in November 2017.

What is the rent for unit B309?

AED 84,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 80,000; the unit has been rented since July 2018.

How big is unit B309?

982 sqft (91.2 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit B309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 2B sold for AED 1,050,000 to 1,150,000 in the last 12 months, around AED 1,332 per sqft.

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Mortgage on B309, Loreto 2B

Starts from the last sale price (AED 730K, 5 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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