B503, Loreto 2B
Sold prices and rental history: sold once, by the developer in November 2014, 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 B503, Loreto 2B
What is B503 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 9
- Parking
- G-22
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,500 /yr
- Last sold
- AED 1.06M · November 2014
- Building
- Loreto 2B
About B503, Loreto 2B
B503 is a one-bedroom apartment of 801 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 5 November 2014 for AED 1,062,100, or AED 1,325 per sqft, in line with the AED 1,315 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 75,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 8,500 a year.
Sales and rents for B503 over time
B503 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Loreto 2B, and where B503 sits
All 36 1-beds →B503 last sold in November 2014 at AED 1,325 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 1,315). Over the last 12 months one-beds sold for AED 1,050,000 to 1,150,000, around AED 1,332 per sqft, and rent for AED 60,637 to 95,000 a year. B503's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 933 sqft | 1,150,000 | 1,232 | ||
| 23 Dec 202523 December 2025 | 848 sqft | 1,130,000 | 1,332 | ||
| 17 Nov 202517 November 2025 | 777 sqft | 1,050,000 | 1,350 | ||
| 7 Oct 20257 October 2025 | 843 sqft | 1,150,000 | 1,364 |
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 | |||||
|---|---|---|---|---|---|
| B501 | 2-bed | 1,702 sqft | AED 1.95MAED 1,954,000 · Dec 2017December 2017 | 160,000 /yr | |
| 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 | |
| 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 |
B503, Loreto 2B in numbers
- Sold once: by DAMAC on 5 November 2014 for AED 1,062,100, or AED 1,325 per sqft.
- Rented since December 2018 on 6 Ejari contracts, from AED 50,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 8,500 a year (AED 10.63 per sqft).
- One-beds in Loreto 2B sold for AED 1,050,000–1,150,000 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 1 October 2026.
Questions about B503, Loreto 2B
What did unit B503 last sell for?
AED 1,062,100 on 5 November 2014, sold by the developer: AED 1,325 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit B503?
AED 75,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 75,000; the unit has been rented since December 2018.
How big is unit B503?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Loreto 2B sold for AED 1,050,000 to 1,150,000 in the last 12 months, around AED 1,332 per sqft.
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Mortgage on B503, Loreto 2B
Starts from the last sale price (AED 1.06M, 5 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,062,100
- Deposit, UAE resident (20%)
- AED 212,420
- Deposit, non-resident (40%)
- AED 424,840
- Monthly over 25 years at 3.7%
- AED 4,345
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →