B506, Loreto 2B
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B506, Loreto 2B
What is B506 worth today?
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Source: Dubai Land Department. Updated 22 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 5th of 9
- Parking
- G-25
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 746K · September 2014
- Building
- Loreto 2B
About B506, Loreto 2B
B506 is a studio of 526 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 21 September 2014 for AED 745,750, or AED 1,418 per sqft, 4% below the AED 1,478 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 22 November 2025, is AED 48,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 5,600 a year.
Sales and rents for B506 over time
B506 has sold once; 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 B506 sits
All 25 studios →B506 last sold in September 2014 at AED 1,418 per sqft, 4% below what studios in Loreto 2B were fetching at the time (AED 1,478). 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. B506's AED 48,000 is in the lower half 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 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 | |
| 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 | |
| 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 |
B506, Loreto 2B in numbers
- Sold once: by DAMAC on 21 September 2014 for AED 745,750, or AED 1,418 per sqft.
- Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2023 and recovered to AED 48,000 by November 2025.
- At AED 48,000 a year the gross yield on the 2014 price is 6.4%, 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 22 November 2025.
Questions about B506, Loreto 2B
What did unit B506 last sell for?
AED 745,750 on 21 September 2014, sold by the developer: AED 1,418 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit B506?
AED 48,000 a year on the contract signed on 22 November 2025. The previous contract, from August 2023, was AED 30,000; the unit has been rented since August 2019.
How big is unit B506?
526 sqft (48.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.
What is unit B506 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 B506, Loreto 2B
Starts from the last sale price (AED 746K, 21 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 745,750
- Deposit, UAE resident (20%)
- AED 149,150
- Deposit, non-resident (40%)
- AED 298,300
- Monthly over 25 years at 3.7%
- AED 3,051
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →