1-bed · 830 sqftLoreto 2B, Damac Hills · 6th floor · completed 2017

B603, Loreto 2B

Sold prices and rental history: sold twice, last in August 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B603 · DLD and Ejari recordsUpdated 5 August 2019
Last soldAED 635K5 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B603, Loreto 2B

What is B603 worth today?

Last sold for AED 635,000 in 2019

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5 Aug 2019SoldReady
AED 635,000AED 764 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,044,050AED 1,257 per sqft

Source: Dubai Land Department. Updated 5 August 2019.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
6th of 9
Parking
LP1-20
Developer
DAMAC
Completed
2017
Service charge
AED 8,800 /yr
Last sold
AED 635K · August 2019
Building
Loreto 2B

About B603, Loreto 2B

B603 is a one-bedroom apartment of 830 sqft on the 6th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 5 August 2019 for AED 635,000, or AED 764 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B603 over time

Sales
Unit B603, each saleTypical one-bed in Loreto 2B
1M20142017202020232026Typical 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 1,044,050 (AED 1,257 per sqft)Sold, August 2019: AED 635,000 (AED 764 per sqft)

B603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B603, 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 75,000

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 B603 sits

All 36 1-beds →

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.

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 6th floor

All 83 units in Loreto 2B
Value
B6011-bedAED 1.05M · Jul 2023
B6022-bedAED 2.49M · Nov 2014
B602BStudioAED 560K · Aug 2014
B604StudioAED 728K · Aug 2014
B605StudioAED 485K · Aug 2023
B606StudioAED 600K · Nov 2025
B6071-bedAED 1.07M · Oct 2014
1–7 of 12

B603, Loreto 2B in numbers

  • Sold twice: first on 24 August 2014 for AED 1,044,050, last on 5 August 2019 for AED 635,000 (AED 764 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 August 2019.

Questions about B603, Loreto 2B

What did unit B603 last sell for?

AED 635,000 on 5 August 2019: AED 764 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,044,050 in August 2014.

How big is unit B603?

830 sqft (77.1 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit B603 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 B603, Loreto 2B

Starts from the last sale price (AED 635K, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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