2-bed · 1,456 sqftLoreto 2B, Damac Hills · 4th floor · completed 2017

B411, Loreto 2B

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B411 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 1.3M22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B411, Loreto 2B

What is B411 worth today?

Last sold for AED 1,300,000 in 2021

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22 Sep 2021SoldReady
AED 1,300,000AED 893 per sqft
5 Feb 2019Sold by developerReady
AED 1,518,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
2-bed apartment
Size
1,456 sqft
Floor
4th of 9
Parking
G-18
Developer
DAMAC
Completed
2017
Service charge
AED 15,500 /yr
Last sold
AED 1.3M · September 2021
Building
Loreto 2B

About B411, Loreto 2B

B411 is a two-bedroom apartment of 1,456 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 22 September 2021 for AED 1,300,000, or AED 893 per sqft, 5% above the AED 847 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B411 over time

Sales
Unit B411, each saleTypical two-bed in Loreto 2B
1.5M2M20142017202020232026Typical sale price by year: 2014 AED 2,076,700; 2017 AED 1,954,000; 2019 AED 1,507,800; 2021 AED 1,291,674; 2023 AED 1,965,000; 2025 AED 2,000,000Sold by developer, February 2019: AED 1,518,000 (AED 1,042 per sqft)Sold, September 2021: AED 1,300,000 (AED 893 per sqft)

B411 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B411, each contractTypical two-bed in Loreto 2B
100K150K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 93,500; 2023 AED 115,000; 2024 AED 130,000; 2025 AED 150,000; 2026 AED 155,000

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 B411 sits

All 18 2-beds →

B411 last sold in September 2021 at AED 893 per sqft, 5% above what two-beds in Loreto 2B were fetching at the time (AED 847). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,400,000
26 Aug 20252,660,000
30 May 20252,000,000
23 May 20251,900,000
1 2-bed sale 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 4th floor

All 83 units in Loreto 2B
Value
B4012-bedAED 2.08M · Aug 2014
B4022-bedAED 2.1M · Nov 2023
B402AStudioAED 563K · Aug 2014
B4031-bedAED 710K · Jun 2022
B404StudioAED 728K · Aug 2014
B405StudioAED 788K · Dec 2014
B406StudioAED 630K · Aug 2024
1–7 of 12

B411, Loreto 2B in numbers

  • Sold twice: first on 5 February 2019 for AED 1,518,000, last on 22 September 2021 for AED 1,300,000 (AED 893 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 22 September 2021.

Questions about B411, Loreto 2B

What did unit B411 last sell for?

AED 1,300,000 on 22 September 2021: AED 893 per sqft for 1,456 sqft. The unit has 2 registered sales; the first was AED 1,518,000 in February 2019.

How big is unit B411?

1,456 sqft (135.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B411 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 B411, Loreto 2B

Starts from the last sale price (AED 1.3M, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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