Studio · 454 sqftLoreto 2B, Damac Hills · 4th floor · completed 2017

B412, Loreto 2B

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B412 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 420K16 December 2020
Current rentAED 40K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B412, Loreto 2B

What is B412 worth today?

Last sold for AED 420,000 in 2020

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1 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
1 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 110 per sqft
22 Sep 2025RentedNew contract
AED 44,000/yr12 months · AED 97 per sqft
1 Feb 2025RentedNew contract
AED 46,000/yr12 months · AED 102 per sqft
1 Feb 2025RentedNew contract
AED 46,000/yr12 months · AED 102 per sqft
20 Jan 2024RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
15 Mar 2022RentedRenewal
AED 25,000/yr24 months · AED 55 per sqft
15 Mar 2021RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
4th of 9
Parking
G-19
Developer
DAMAC
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 420K · December 2020
Building
Loreto 2B

About B412, Loreto 2B

B412 is a studio of 454 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 16 December 2020 for AED 420,000, or AED 924 per sqft.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 July 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 4,800 a year.

Sales and rents for B412 over time

Sales
Unit B412, each saleTypical studio in Loreto 2B
400K600K2014201720202023Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, August 2014: AED 707,750 (AED 1,557 per sqft)Sold, December 2020: AED 420,000 (AED 924 per sqft)

B412 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B412, each contractTypical studio in Loreto 2B
40K2018202120242027Typical rent by year: 2018 AED 36,500; 2019 AED 34,500; 2020 AED 30,000; 2021 AED 27,500; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 39,000; 2025 AED 46,000; 2026 AED 46,500New contract, September 2018: AED 37,000 a yearNew contract, March 2021: AED 25,000 a yearRenewal, March 2022: AED 25,000 a yearNew contract, January 2024: AED 43,000 a yearNew contract, February 2025: AED 46,000 a yearNew contract, February 2025: AED 46,000 a yearNew contract, September 2025: AED 44,000 a yearRenewal, February 2026: AED 50,000 a yearNew contract, July 2026: AED 40,000 a year

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 B412 sits

All 25 studios →

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. B412's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 2026550,000
11 Nov 2025637,500
6 Nov 2025600,000
19 Sep 2024465,000
2 studio sales 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

B412, Loreto 2B in numbers

  • Sold twice: first on 24 August 2014 for AED 707,750, last on 16 December 2020 for AED 420,000 (AED 924 per sqft).
  • Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 25,000 in 2022 and recovered to AED 40,000 by July 2026.
  • At AED 40,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 4,800 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 1 July 2026.

Questions about B412, Loreto 2B

What did unit B412 last sell for?

AED 420,000 on 16 December 2020: AED 924 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 707,750 in August 2014.

What is the rent for unit B412?

AED 40,000 a year on the contract signed on 1 July 2026. The previous contract, from February 2026, was AED 50,000; the unit has been rented since September 2018.

How big is unit B412?

454 sqft (42.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.

What is unit B412 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 B412, Loreto 2B

Starts from the last sale price (AED 420K, 16 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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