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1-bed · 1,394 sqftLoreto 2B, Damac Hills · 7th floor · completed 2017

B701A, Loreto 2B

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B701A · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 1.35M6 October 2019
Current rentAED 110K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B701A, Loreto 2B

What is B701A worth today?

Last sold for AED 1,353,000 in 2019

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25 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
25 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
1 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
1 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
6 Oct 2019Sold by developerReady
AED 1,353,000AED 970 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
1-bed apartment
Size
1,394 sqft
Floor
7th of 9
Parking
UP1-05
Developer
DAMAC
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.35M · October 2019
Building
Loreto 2B

About B701A, Loreto 2B

B701A is a one-bedroom apartment of 1,394 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 6 October 2019 for AED 1,353,000, or AED 970 per sqft.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 25 April 2025, is AED 110,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 14,800 a year.

Sales and rents for B701A over time

Sales
Unit B701A, 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, October 2019: AED 1,353,000 (AED 970 per sqft)

B701A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B701A, each contractTypical one-bed in Loreto 2B
50K100K2018202120242027Typical 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, November 2023: AED 85,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, April 2025: AED 110,000 a yearNew contract, April 2025: AED 110,000 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 B701A 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. B701A's AED 110,000 is at the top 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 7th floor

All 83 units in Loreto 2B
Value
B701StudioAED 622K · Dec 2014
B7022-bedAED 2.21M · Dec 2023
B702AStudioAED 534K · Apr 2016
B703StudioAED 640K · Nov 2017
B7042-bedAED 1.55M · Apr 2024
B7051-bedAED 1.18M · Jun 2015
B7061-bedAED 670K · Oct 2022
1–7 of 10

B701A, Loreto 2B in numbers

  • Sold once: by DAMAC on 6 October 2019 for AED 1,353,000, or AED 970 per sqft.
  • Rented since November 2023 on 4 Ejari contracts, from AED 85,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 14,800 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 25 April 2025.

Questions about B701A, Loreto 2B

What did unit B701A last sell for?

AED 1,353,000 on 6 October 2019, sold by the developer: AED 970 per sqft for 1,394 sqft. It is the only registered sale of the unit.

What is the rent for unit B701A?

AED 110,000 a year on the contract signed on 25 April 2025. The previous contract, from April 2025, was AED 110,000; the unit has been rented since November 2023.

How big is unit B701A?

1,394 sqft (129.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B701A 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 B701A, Loreto 2B

Starts from the last sale price (AED 1.35M, 6 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,353,000
Deposit, UAE resident (20%)
AED 270,600
Deposit, non-resident (40%)
AED 541,200
Monthly over 25 years at 3.7%
AED 5,536

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