Studio · 330 sqftLoreto 2B, Damac Hills · 6th floor · completed 2017

B602B, 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 B602B · DLD and Ejari recordsUpdated 9 July 2025
Last soldAED 560K24 August 2014
Current rentAED 37K /yr9 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602B, Loreto 2B

What is B602B worth today?

Last sold for AED 559,550 in 2014

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9 Jul 2025RentedRenewal
AED 37,000/yr12 months · AED 111 per sqft
9 Jul 2024RentedNew contract
AED 37,000/yr12 months · AED 111 per sqft
31 May 2023RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
1 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 84 per sqft
1 Sep 2019RentedRenewal
AED 32,000/yr12 months · AED 96 per sqft
1 Sep 2018RentedNew contract
AED 32,000/yr12 months · AED 96 per sqft
24 Aug 2014Sold by developerOff-plan
AED 559,550AED 1,696 per sqft

Source: Dubai Land Department. Updated 9 July 2025.

Key facts

Type
Studio apartment
Size
330 sqft
Floor
6th of 9
Parking
LP1-19
Developer
DAMAC
Completed
2017
Service charge
AED 3,500 /yr
Last sold
AED 560K · August 2014
Building
Loreto 2B

About B602B, Loreto 2B

B602B is a studio of 330 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 24 August 2014 for AED 559,550, or AED 1,696 per sqft, 11% above the AED 1,523 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 9 July 2025, is AED 37,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for B602B over time

Sales
Unit B602B, 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, August 2014: AED 559,550 (AED 1,696 per sqft)

B602B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B602B, each contractTypical studio in Loreto 2B
30K40K2018202120242027Typical 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, September 2018: AED 32,000 a yearRenewal, September 2019: AED 32,000 a yearRenewal, September 2020: AED 28,000 a yearNew contract, May 2023: AED 34,000 a yearNew contract, July 2024: AED 37,000 a yearRenewal, July 2025: AED 37,000 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 B602B sits

All 25 studios →

B602B last sold in August 2014 at AED 1,696 per sqft, 11% above what studios in Loreto 2B were fetching at the time (AED 1,523). 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. B602B's AED 37,000 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 6th floor

All 83 units in Loreto 2B
Value
B6011-bedAED 1.05M · Jul 2023
B6022-bedAED 2.49M · Nov 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

B602B, Loreto 2B in numbers

  • Sold once: by DAMAC on 24 August 2014 for AED 559,550, or AED 1,696 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2020 and recovered to AED 37,000 by July 2025.
  • At AED 37,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 3,500 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 July 2025.

Questions about B602B, Loreto 2B

What did unit B602B last sell for?

AED 559,550 on 24 August 2014, sold by the developer: AED 1,696 per sqft for 330 sqft. It is the only registered sale of the unit.

What is the rent for unit B602B?

AED 37,000 a year on the contract renewed on 9 July 2025. The previous contract, from July 2024, was AED 37,000; the unit has been rented since September 2018.

How big is unit B602B?

330 sqft (30.7 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit B602B 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 B602B, Loreto 2B

Starts from the last sale price (AED 560K, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 559,550
Deposit, UAE resident (20%)
AED 111,910
Deposit, non-resident (40%)
AED 223,820
Monthly over 25 years at 3.7%
AED 2,289

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