B501, Loreto 2B
Sold prices and rental history: sold once, by the developer in December 2017, 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 B501, Loreto 2B
What is B501 worth today?
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Source: Dubai Land Department. Updated 24 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,702 sqft
- Floor
- 5th of 9
- Parking
- P2-25
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.95M · December 2017
- Building
- Loreto 2B
About B501, Loreto 2B
B501 is a two-bedroom apartment of 1,702 sqft on the 5th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 20 December 2017 for AED 1,954,000, or AED 1,148 per sqft.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 24 January 2026, is AED 160,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 18,100 a year.
Sales and rents for B501 over time
B501 has sold once; 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 B501 sits
All 18 2-beds →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. B501's AED 160,000 is in the upper 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 5th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B502 | 2-bed | 1,513 sqft | AED 1.2MAED 1,200,000 · Jan 2021January 2021 | ||
| B502A | Studio | 321 sqft | AED 563KAED 563,350 · Oct 2014October 2014 | 36,685 /yr | |
| B503 | 1-bed | 801 sqft | AED 1.06MAED 1,062,100 · Nov 2014November 2014 | 75,000 /yr | |
| B504 | Studio | 495 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 38,000 /yr | |
| B505 | Studio | 525 sqft | AED 550KAED 550,000 · Oct 2023October 2023 | 27,500 /yr | |
| B506 | Studio | 526 sqft | AED 746KAED 745,750 · Sep 2014September 2014 | 48,000 /yr | |
| B507 | 1-bed | 837 sqft | AED 1.07MAED 1,068,750 · Aug 2014August 2014 | 70,000 /yr | |
| B508 | 1-bed | 886 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 70,000 /yr | |
| B509 | 1-bed | 852 sqft | AED 1.16MAED 1,160,000 · Jul 2025July 2025 | 95,000 /yr | |
| B510 | 1-bed | 1,021 sqft | AED 905KAED 905,000 · Oct 2023October 2023 | 54,880 /yr | |
| B511 | 2-bed | 1,495 sqft | AED 1.36MAED 1,359,000 · Jun 2022June 2022 | 106,260 /yr | |
| B512 | Studio | 430 sqft | AED 673KAED 672,600 · Sep 2014September 2014 | 42,000 /yr |
B501, Loreto 2B in numbers
- Sold once: by DAMAC on 20 December 2017 for AED 1,954,000, or AED 1,148 per sqft.
- Rented since October 2018 on 10 Ejari contracts. The rent fell from AED 95,077 to AED 80,000 in 2022 and recovered to AED 160,000 by January 2026.
- At AED 160,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 18,100 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 24 January 2026.
Questions about B501, Loreto 2B
What did unit B501 last sell for?
AED 1,954,000 on 20 December 2017, sold by the developer: AED 1,148 per sqft for 1,702 sqft. It is the only registered sale of the unit.
What is the rent for unit B501?
AED 160,000 a year on the contract renewed on 24 January 2026. The previous contract, from January 2025, was AED 160,000; the unit has been rented since October 2018.
How big is unit B501?
1,702 sqft (158.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B501 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 B501, Loreto 2B
Starts from the last sale price (AED 1.95M, 20 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,954,000
- Deposit, UAE resident (20%)
- AED 390,800
- Deposit, non-resident (40%)
- AED 781,600
- Monthly over 25 years at 3.7%
- AED 7,994
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →