B311, Loreto 2B
Sold prices and rental history: sold once, by the developer in August 2014, 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 B311, Loreto 2B
What is B311 worth today?
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Source: Dubai Land Department. Updated 2 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Floor
- 3rd of 9
- Parking
- B-21
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,600 /yr
- Last sold
- AED 656K · August 2014
- Building
- Loreto 2B
About B311, Loreto 2B
B311 is a studio of 430 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 17 August 2014 for AED 655,500, or AED 1,523 per sqft, in line with the AED 1,523 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 2 September 2026, is AED 40,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 4,600 a year.
Sales and rents for B311 over time
B311 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 B311 sits
All 25 studios →B311 last sold in August 2014 at AED 1,523 per sqft, in line with what studios in Loreto 2B were fetching at the time (AED 1,523). 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. B311's AED 40,000 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 | |
| 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, Loreto 2B in numbers
- Sold once: by DAMAC on 17 August 2014 for AED 655,500, or AED 1,523 per sqft.
- Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2020 and recovered to AED 40,000 by September 2026.
- At AED 40,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 4,600 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 2 September 2026.
Questions about B311, Loreto 2B
What did unit B311 last sell for?
AED 655,500 on 17 August 2014, sold by the developer: AED 1,523 per sqft for 430 sqft. It is the only registered sale of the unit.
What is the rent for unit B311?
AED 40,000 a year on the contract renewed on 2 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since September 2018.
How big is unit B311?
430 sqft (39.9 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2017.
What is unit B311 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 B311, Loreto 2B
Starts from the last sale price (AED 656K, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 655,500
- Deposit, UAE resident (20%)
- AED 131,100
- Deposit, non-resident (40%)
- AED 262,200
- Monthly over 25 years at 3.7%
- AED 2,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →