2-bed · 1,513 sqftLoreto 2B, Damac Hills · 5th floor · completed 2017

B502, Loreto 2B

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502 · DLD and Ejari recordsUpdated 31 January 2021
Last soldAED 1.2M31 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B502, Loreto 2B

What is B502 worth today?

Last sold for AED 1,200,000 in 2021

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31 Jan 2021Sold by developerReady
AED 1,200,000AED 792 per sqft

Source: Dubai Land Department. Updated 31 January 2021.

Key facts

Type
2-bed apartment
Size
1,513 sqft
Floor
5th of 9
Parking
G-20
Developer
DAMAC
Completed
2017
Service charge
AED 16,100 /yr
Last sold
AED 1.2M · January 2021
Building
Loreto 2B

About B502, Loreto 2B

B502 is a two-bedroom apartment of 1,513 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 31 January 2021 for AED 1,200,000, or AED 792 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B502 over time

Sales
Unit B502, 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, January 2021: AED 1,200,000 (AED 792 per sqft)

B502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B502, 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 B502 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.

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 5th floor

All 83 units in Loreto 2B
Value
B5012-bedAED 1.95M · Dec 2017
B502AStudioAED 563K · Oct 2014
B5031-bedAED 1.06M · Nov 2014
B504StudioAED 550K · Feb 2026
B505StudioAED 550K · Oct 2023
B506StudioAED 746K · Sep 2014
B5071-bedAED 1.07M · Aug 2014
1–7 of 12

B502, Loreto 2B in numbers

  • Sold once: by DAMAC on 31 January 2021 for AED 1,200,000, or AED 792 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 31 January 2021.

Questions about B502, Loreto 2B

What did unit B502 last sell for?

AED 1,200,000 on 31 January 2021, sold by the developer: AED 792 per sqft for 1,513 sqft. It is the only registered sale of the unit.

How big is unit B502?

1,513 sqft (140.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit B502 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 B502, Loreto 2B

Starts from the last sale price (AED 1.2M, 31 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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