B505, Loreto 2B
Sold prices and rental history: sold twice, last in October 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B505, Loreto 2B
What is B505 worth today?
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Source: Dubai Land Department. Updated 9 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 525 sqft
- Floor
- 5th of 9
- Parking
- G-24
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 550K · October 2023
- Building
- Loreto 2B
About B505, Loreto 2B
B505 is a studio of 525 sqft on the 5th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 9 October 2023 for AED 550,000, or AED 1,047 per sqft.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 27,500 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 5,600 a year.
Sales and rents for B505 over time
B505 has sold twice; the dashed line is the studio median of each year in the building.
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 B505 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. B505's AED 27,500 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 495 sqft | 550,000 | 1,111 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 637,500 | 1,069 | ||
| 6 Nov 20256 November 2025 | 526 sqft | 600,000 | 1,141 | ||
| 19 Sep 202419 September 2024 | 333 sqft | 465,000 | 1,394 |
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 73K /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 | |
| 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 | |
| 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 |
B505, Loreto 2B in numbers
- Sold twice: first on 7 October 2014 for AED 759,050, last on 9 October 2023 for AED 550,000 (AED 1,047 per sqft).
- Rented since July 2018 on 3 Ejari contracts, from AED 42,000 to AED 27,500 a year.
- At AED 27,500 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 5,600 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 9 October 2023.
Questions about B505, Loreto 2B
What did unit B505 last sell for?
AED 550,000 on 9 October 2023: AED 1,047 per sqft for 525 sqft. The unit has 2 registered sales; the first was AED 759,050 in October 2014.
What is the rent for unit B505?
AED 27,500 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 33,000; the unit has been rented since July 2018.
How big is unit B505?
525 sqft (48.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit B505 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 B505, Loreto 2B
Starts from the last sale price (AED 550K, 9 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →