Studio · 430 sqftLoreto 2B, Damac Hills · 5th floor · completed 2017

B512, Loreto 2B

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

Unit B512 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 673K24 September 2014
Current rentAED 42K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B512, Loreto 2B

What is B512 worth today?

Last sold for AED 672,600 in 2014

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12 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
15 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
4 Nov 2023RentedRenewal
AED 33,000/yr12 months · AED 77 per sqft
4 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
5 Nov 2021RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
5 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
5 Nov 2018RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
24 Sep 2014Sold by developerOff-plan
AED 672,600AED 1,562 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
Studio apartment
Size
430 sqft
Floor
5th of 9
Parking
LP1-15
Developer
DAMAC
Completed
2017
Service charge
AED 4,600 /yr
Last sold
AED 673K · September 2014
Building
Loreto 2B

About B512, Loreto 2B

B512 is a studio of 430 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 24 September 2014 for AED 672,600, or AED 1,562 per sqft, 5% above the AED 1,485 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 12 October 2026, is AED 42,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for B512 over time

Sales
Unit B512, 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, September 2014: AED 672,600 (AED 1,562 per sqft)

B512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B512, 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, November 2018: AED 36,000 a yearNew contract, November 2019: AED 32,000 a yearNew contract, November 2021: AED 22,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 33,000 a yearNew contract, September 2025: AED 45,000 a yearNew contract, October 2026: AED 42,000 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 B512 sits

All 25 studios →

B512 last sold in September 2014 at AED 1,562 per sqft, 5% 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. B512's AED 42,000 is in the lower half 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
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

B512, Loreto 2B in numbers

  • Sold once: by DAMAC on 24 September 2014 for AED 672,600, or AED 1,562 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 22,000 in 2021 and recovered to AED 42,000 by October 2026.
  • At AED 42,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 4,600 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 12 October 2026.

Questions about B512, Loreto 2B

What did unit B512 last sell for?

AED 672,600 on 24 September 2014, sold by the developer: AED 1,562 per sqft for 430 sqft. It is the only registered sale of the unit.

What is the rent for unit B512?

AED 42,000 a year on the contract signed on 12 October 2026. The previous contract, from September 2025, was AED 45,000; the unit has been rented since November 2018.

How big is unit B512?

430 sqft (39.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit B512 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 B512, Loreto 2B

Starts from the last sale price (AED 673K, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 672,600
Deposit, UAE resident (20%)
AED 134,520
Deposit, non-resident (40%)
AED 269,040
Monthly over 25 years at 3.7%
AED 2,752

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