2-bed · 1,645 sqftLoreto 2B, Damac Hills · 6th floor · completed 2017

B602, Loreto 2B

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B602 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 2.49M17 November 2014
Current rentAED 140K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602, Loreto 2B

What is B602 worth today?

Last sold for AED 2,489,950 in 2014

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15 Jan 2026RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
16 Mar 2025RentedRenewal
AED 147,000/yr12 months · AED 89 per sqft
16 Mar 2025RentedRenewal
AED 147,000/yr12 months · AED 89 per sqft
16 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
28 Oct 2022RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
28 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
28 Sep 2020RentedNew contract
AED 80,000/yr13 months · AED 49 per sqft
17 Nov 2014Sold by developerOff-plan
AED 2,489,950AED 1,513 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
2-bed apartment
Size
1,645 sqft
Floor
6th of 9
Parking
LP1-18
Developer
DAMAC
Completed
2017
Service charge
AED 17,500 /yr
Last sold
AED 2.49M · November 2014
Building
Loreto 2B

About B602, Loreto 2B

B602 is a two-bedroom apartment of 1,645 sqft on the 6th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 17 November 2014 for AED 2,489,950, or AED 1,513 per sqft, 8% above the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 January 2026, is AED 140,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 17,500 a year.

Sales and rents for B602 over time

Sales
Unit B602, each saleTypical two-bed in Loreto 2B
2M20142017202020232026Typical sale price by year: 2014 AED 2,076,700; 2017 AED 1,954,000; 2019 AED 1,507,800; 2021 AED 1,291,674; 2023 AED 1,965,000; 2025 AED 2,000,000Sold by developer, November 2014: AED 2,489,950 (AED 1,513 per sqft)

B602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B602, each contractTypical two-bed in Loreto 2B
100K150K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 93,500; 2023 AED 115,000; 2024 AED 130,000; 2025 AED 150,000; 2026 AED 155,000New contract, September 2020: AED 80,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 85,000 a yearNew contract, March 2024: AED 140,000 a yearRenewal, March 2025: AED 147,000 a yearRenewal, March 2025: AED 147,000 a yearNew contract, January 2026: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 2B, and where B602 sits

All 18 2-beds →

B602 last sold in November 2014 at AED 1,513 per sqft, 8% above what two-beds in Loreto 2B were fetching at the time (AED 1,403). Over the last 12 months two-beds sold for AED 3,400,000, around AED 1,333 per sqft, and rent for AED 106,260 to 212,500 a year. B602's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,400,000
26 Aug 20252,660,000
30 May 20252,000,000
23 May 20251,900,000
1 2-bed sale 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 6th floor

All 83 units in Loreto 2B
Value
B6011-bedAED 1.05M · Jul 2023
B602BStudioAED 560K · Aug 2014
B6031-bedAED 635K · Aug 2019
B604StudioAED 728K · Aug 2014
B605StudioAED 485K · Aug 2023
B606StudioAED 600K · Nov 2025
B6071-bedAED 1.07M · Oct 2014
1–7 of 12

B602, Loreto 2B in numbers

  • Sold once: by DAMAC on 17 November 2014 for AED 2,489,950, or AED 1,513 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 80,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 17,500 a year (AED 10.63 per sqft).
  • Two-beds in Loreto 2B sold for AED 3,400,000–3,400,000 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 15 January 2026.

Questions about B602, Loreto 2B

What did unit B602 last sell for?

AED 2,489,950 on 17 November 2014, sold by the developer: AED 1,513 per sqft for 1,645 sqft. It is the only registered sale of the unit.

What is the rent for unit B602?

AED 140,000 a year on the contract signed on 15 January 2026. The previous contract, from March 2025, was AED 147,000; the unit has been rented since September 2020.

How big is unit B602?

1,645 sqft (152.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Loreto 2B sold for AED 3,400,000 to 3,400,000 in the last 12 months, around AED 1,333 per sqft.

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Mortgage on B602, Loreto 2B

Starts from the last sale price (AED 2.49M, 17 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,489,950
Deposit, UAE resident (20%)
AED 497,990
Deposit, non-resident (40%)
AED 995,980
Monthly over 25 years at 3.7%
AED 10,187

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