B406, Loreto 2B
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B406, Loreto 2B
What is B406 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 8 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 4th of 9
- Parking
- T4-G-13
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,500 /yr
- Last sold
- AED 630K · August 2024
- Building
- Loreto 2B
About B406, Loreto 2B
B406 is a studio of 522 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 8 August 2024 for AED 630,000, or AED 1,207 per sqft, 18% above the AED 1,027 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 10 March 2023, is AED 31,050 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 5,500 a year.
Sales and rents for B406 over time
B406 has sold twice; 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 B406 sits
All 25 studios →B406 last sold in August 2024 at AED 1,207 per sqft, 18% above what studios in Loreto 2B were fetching at the time (AED 1,027). 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. B406's AED 31,050 is at the bottom 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 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 | |
| B402 | 2-bed | 1,625 sqft | AED 2.1MAED 2,100,000 · Nov 2023November 2023 | 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 | |
| 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 |
B406, Loreto 2B in numbers
- Sold twice: first on 15 November 2017 for AED 719,000, last on 8 August 2024 for AED 630,000 (AED 1,207 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 36,000 to AED 27,000 in 2022 and recovered to AED 31,050 by March 2023.
- At AED 31,050 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 5,500 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 8 August 2024.
Questions about B406, Loreto 2B
What did unit B406 last sell for?
AED 630,000 on 8 August 2024: AED 1,207 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 719,000 in November 2017.
What is the rent for unit B406?
AED 31,050 a year on the contract renewed on 10 March 2023. The previous contract, from March 2022, was AED 27,000; the unit has been rented since March 2019.
How big is unit B406?
522 sqft (48.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B406 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 B406? 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 B406, Loreto 2B
Starts from the last sale price (AED 630K, 8 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →