B402, Loreto 2B
Sold prices and rental history: sold 3 times, last in November 2023, 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 B402, Loreto 2B
What is B402 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 4th of 9
- Parking
- B-23
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 17,300 /yr
- Last sold
- AED 2.1M · November 2023
- Building
- Loreto 2B
About B402, Loreto 2B
B402 is a two-bedroom apartment of 1,625 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 14 November 2023 for AED 2,100,000, or AED 1,292 per sqft, 59% above the AED 811 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 150,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 17,300 a year.
Sales and rents for B402 over time
B402 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 2B, and where B402 sits
All 18 2-beds →B402 last sold in November 2023 at AED 1,292 per sqft, 59% above what two-beds in Loreto 2B were fetching at the time (AED 811). Over the last 12 months two-beds sold for AED 3,400,000, around AED 1,333 per sqft, and rent for AED 106,260 to 212,500 a year. B402's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 2,550 sqft | 3,400,000 | 1,333 | ||
| 26 Aug 202526 August 2025 | 2,554 sqft | 2,660,000 | 1,041 | ||
| 30 May 202530 May 2025 | 1,505 sqft | 2,000,000 | 1,329 | ||
| 23 May 202523 May 2025 | 1,477 sqft | 1,900,000 | 1,286 |
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 4th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 2-bed | 1,457 sqft | AED 2.08MAED 2,076,700 · Aug 2014August 2014 | 150,000 /yr | |
| B402A | Studio | 321 sqft | AED 563KAED 563,350 · Aug 2014August 2014 | 36,000 /yr | |
| B403 | 1-bed | 808 sqft | AED 710KAED 710,000 · Jun 2022June 2022 | 60,637 /yr | |
| B404 | Studio | 490 sqft | AED 728KAED 727,700 · Aug 2014August 2014 | 48,000 /yr | |
| B405 | Studio | 530 sqft | AED 788KAED 787,550 · Dec 2014December 2014 | 36,923 /yr | |
| B406 | Studio | 522 sqft | AED 630KAED 630,000 · Aug 2024August 2024 | 31,050 /yr | |
| B407 | 1-bed | 841 sqft | AED 1.08MAED 1,075,000 · Jun 2025June 2025 | 85,000 /yr | |
| B408 | 1-bed | 443 sqft | AED 1.17MAED 1,166,600 · Nov 2014November 2014 | 75,000 /yr | |
| B409 | 1-bed | 852 sqft | AED 730KAED 730,000 · Aug 2020August 2020 | 68,000 /yr | |
| B410 | 1-bed | 1,021 sqft | AED 730KAED 730,000 · Sep 2020September 2020 | 80,000 /yr | |
| B411 | 2-bed | 1,456 sqft | AED 1.3MAED 1,300,000 · Sep 2021September 2021 | ||
| B412 | Studio | 454 sqft | AED 420KAED 420,000 · Dec 2020December 2020 | 40,000 /yr |
B402, Loreto 2B in numbers
- Sold 3 times: first on 24 August 2014 for AED 2,280,950, last on 14 November 2023 for AED 2,100,000 (AED 1,292 per sqft).
- Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 150,000 by November 2025.
- At AED 150,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 17,300 a year (AED 10.63 per sqft).
- Two-beds in Loreto 2B sold for AED 3,400,000–3,400,000 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 10 November 2025.
Questions about B402, Loreto 2B
What did unit B402 last sell for?
AED 2,100,000 on 14 November 2023: AED 1,292 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 2,280,950 in August 2014.
What is the rent for unit B402?
AED 150,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 150,000; the unit has been rented since December 2018.
How big is unit B402?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit B402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 2B sold for AED 3,400,000 to 3,400,000 in the last 12 months, around AED 1,333 per sqft.
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Mortgage on B402, Loreto 2B
Starts from the last sale price (AED 2.1M, 14 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →