B408, Loreto 2B
Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B408, Loreto 2B
What is B408 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 443 sqft
- Floor
- 4th of 9
- Parking
- T4-G-15
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 4,700 /yr
- Last sold
- AED 1.17M · November 2014
- Building
- Loreto 2B
About B408, Loreto 2B
B408 is a one-bedroom apartment of 443 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 17 November 2014 for AED 1,166,600, or AED 1,316 per sqft, in line with the AED 1,316 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 75,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 4,700 a year.
Sales and rents for B408 over time
B408 has sold once; the dashed line is the one-bed median of each year in the building.
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 B408 sits
All 36 1-beds →B408 last sold in November 2014 at AED 1,316 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 1,316). 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. B408's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 933 sqft | 1,150,000 | 1,232 | ||
| 23 Dec 202523 December 2025 | 848 sqft | 1,130,000 | 1,332 | ||
| 17 Nov 202517 November 2025 | 777 sqft | 1,050,000 | 1,350 | ||
| 7 Oct 20257 October 2025 | 843 sqft | 1,150,000 | 1,364 |
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 | |
| 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 | |
| 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 |
B408, Loreto 2B in numbers
- Sold once: by DAMAC on 17 November 2014 for AED 1,166,600, or AED 1,316 per sqft.
- Rented since April 2025 on 2 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 4,700 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 April 2026.
Questions about B408, Loreto 2B
What did unit B408 last sell for?
AED 1,166,600 on 17 November 2014, sold by the developer: AED 1,316 per sqft for 443 sqft. It is the only registered sale of the unit.
What is the rent for unit B408?
AED 75,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 75,000.
How big is unit B408?
443 sqft (41.2 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit B408 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 B408, Loreto 2B
Starts from the last sale price (AED 1.17M, 17 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,166,600
- Deposit, UAE resident (20%)
- AED 233,320
- Deposit, non-resident (40%)
- AED 466,640
- Monthly over 25 years at 3.7%
- AED 4,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →