Studio · 321 sqftLoreto 2B, Damac Hills · 5th floor · completed 2017

B502A, Loreto 2B

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502A · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 563K7 October 2014
Current rentAED 37K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B502A, Loreto 2B

What is B502A worth today?

Last sold for AED 563,350 in 2014

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21 Oct 2026RentedRenewal
AED 36,685/yr12 months · AED 114 per sqft
21 Oct 2025RentedRenewal
AED 35,000/yr12 months · AED 109 per sqft
21 Oct 2024RentedRenewal
AED 33,350/yr12 months · AED 104 per sqft
21 Oct 2023RentedRenewal
AED 29,000/yr12 months · AED 90 per sqft
21 Oct 2022RentedNew contract
AED 25,000/yr12 months · AED 78 per sqft
16 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 72 per sqft
29 Jul 2020RentedNew contract
AED 21,000/yr12 months · AED 65 per sqft
15 Jan 2019RentedNew contract
AED 30,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
Studio apartment
Size
321 sqft
Floor
5th of 9
Parking
G-21
Developer
DAMAC
Completed
2017
Service charge
AED 3,400 /yr
Last sold
AED 563K · October 2014
Building
Loreto 2B

About B502A, Loreto 2B

B502A is a studio of 321 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 7 October 2014 for AED 563,350, or AED 1,755 per sqft, 18% above the AED 1,485 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 21 October 2026, is AED 36,685 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 3,400 a year.

Sales and rents for B502A over time

Sales
Unit B502A, each saleTypical studio in Loreto 2B
600K700K2014201720202023Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, October 2014: AED 563,350 (AED 1,755 per sqft)

B502A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B502A, each contractTypical studio in Loreto 2B
20K40K2018202120242027Typical 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, January 2019: AED 30,000 a yearNew contract, July 2020: AED 21,000 a yearNew contract, September 2021: AED 23,000 a yearNew contract, October 2022: AED 25,000 a yearRenewal, October 2023: AED 29,000 a yearRenewal, October 2024: AED 33,350 a yearRenewal, October 2025: AED 35,000 a yearRenewal, October 2026: AED 36,685 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 B502A sits

All 25 studios →

B502A last sold in October 2014 at AED 1,755 per sqft, 18% above what studios in Loreto 2B were fetching at the time (AED 1,485). 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. B502A's AED 36,685 is at the bottom 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 5th floor

All 83 units in Loreto 2B
Value
B5012-bedAED 1.95M · Dec 2017
B5022-bedAED 1.2M · Jan 2021
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

B502A, Loreto 2B in numbers

  • Sold once: by DAMAC on 7 October 2014 for AED 563,350, or AED 1,755 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 21,000 in 2020 and recovered to AED 36,685 by October 2026.
  • At AED 36,685 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 3,400 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 21 October 2026.

Questions about B502A, Loreto 2B

What did unit B502A last sell for?

AED 563,350 on 7 October 2014, sold by the developer: AED 1,755 per sqft for 321 sqft. It is the only registered sale of the unit.

What is the rent for unit B502A?

AED 36,685 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 35,000; the unit has been rented since January 2019.

How big is unit B502A?

321 sqft (29.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit B502A 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 B502A, Loreto 2B

Starts from the last sale price (AED 563K, 7 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 563,350
Deposit, UAE resident (20%)
AED 112,670
Deposit, non-resident (40%)
AED 225,340
Monthly over 25 years at 3.7%
AED 2,305

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