1-bed · 837 sqftLoreto 2B, Damac Hills · 5th floor · completed 2017

B507, Loreto 2B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B507 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.07M17 August 2014
Current rentAED 70K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B507, Loreto 2B

What is B507 worth today?

Last sold for AED 1,068,750 in 2014

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5 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
14 Aug 2024RentedNew contract
AED 57,330/yr12 months · AED 69 per sqft
14 Aug 2024RentedNew contract
AED 57,330/yr12 months · AED 69 per sqft
15 Aug 2022RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
15 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jul 2020RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jul 2019RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
15 Jul 2018RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
1-bed apartment
Size
837 sqft
Floor
5th of 9
Parking
G-26
Developer
DAMAC
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 1.07M · August 2014
Building
Loreto 2B

About B507, Loreto 2B

B507 is a one-bedroom apartment of 837 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 17 August 2014 for AED 1,068,750, or AED 1,277 per sqft, in line with the AED 1,280 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 September 2026, is AED 70,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 8,900 a year.

Sales and rents for B507 over time

Sales
Unit B507, each saleTypical one-bed in Loreto 2B
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,105,800; 2017 AED 1,014,620; 2018 AED 1,190,000; 2020 AED 730,000; 2022 AED 695,000; 2023 AED 1,050,000; 2025 AED 1,130,000Sold by developer, August 2014: AED 1,068,750 (AED 1,277 per sqft)

B507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B507, each contractTypical one-bed in Loreto 2B
60K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 58,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 52,250; 2023 AED 57,375; 2024 AED 63,085; 2025 AED 75,000; 2026 AED 75,000New contract, July 2018: AED 60,000 a yearRenewal, July 2019: AED 60,000 a yearRenewal, July 2020: AED 55,000 a yearRenewal, July 2021: AED 55,000 a yearNew contract, August 2022: AED 52,000 a yearNew contract, August 2024: AED 57,330 a yearNew contract, August 2024: AED 57,330 a yearNew contract, September 2026: AED 70,000 a year

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 B507 sits

All 36 1-beds →

B507 last sold in August 2014 at AED 1,277 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 1,280). 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. B507's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,150,000
23 Dec 20251,130,000
17 Nov 20251,050,000
7 Oct 20251,150,000
3 1-bed 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
B502AStudioAED 563K · Oct 2014
B5031-bedAED 1.06M · Nov 2014
B504StudioAED 550K · Feb 2026
B505StudioAED 550K · Oct 2023
B506StudioAED 746K · Sep 2014
1–7 of 12

B507, Loreto 2B in numbers

  • Sold once: by DAMAC on 17 August 2014 for AED 1,068,750, or AED 1,277 per sqft.
  • Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 52,000 in 2022 and recovered to AED 70,000 by September 2026.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 8,900 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 5 September 2026.

Questions about B507, Loreto 2B

What did unit B507 last sell for?

AED 1,068,750 on 17 August 2014, sold by the developer: AED 1,277 per sqft for 837 sqft. It is the only registered sale of the unit.

What is the rent for unit B507?

AED 70,000 a year on the contract signed on 5 September 2026. The previous contract, from August 2024, was AED 57,330; the unit has been rented since July 2018.

How big is unit B507?

837 sqft (77.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit B507 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 B507, Loreto 2B

Starts from the last sale price (AED 1.07M, 17 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,068,750
Deposit, UAE resident (20%)
AED 213,750
Deposit, non-resident (40%)
AED 427,500
Monthly over 25 years at 3.7%
AED 4,373

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