B702A, Loreto 2B
Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B702A, Loreto 2B
What is B702A worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 333 sqft
- Floor
- 7th of 9
- Parking
- UP1-12
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 3,500 /yr
- Last sold
- AED 534K · April 2016
- Building
- Loreto 2B
About B702A, Loreto 2B
B702A is a studio of 333 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 10 April 2016 for AED 533,900, or AED 1,602 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 May 2024, is AED 39,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 3,500 a year.
Sales and rents for B702A over time
B702A has sold twice; the dashed line is the studio median of each year in the building.
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 B702A sits
All 25 studios →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. B702A's AED 39,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 495 sqft | 550,000 | 1,111 | ||
| 11 Nov 202511 November 2025 | 596 sqft | 637,500 | 1,069 | ||
| 6 Nov 20256 November 2025 | 526 sqft | 600,000 | 1,141 | ||
| 19 Sep 202419 September 2024 | 333 sqft | 465,000 | 1,394 |
Loreto 2B
Building83 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%
Other units on the 7th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701 | Studio | 428 sqft | AED 622KAED 622,250 · Dec 2014December 2014 | 46,500 /yr | |
| B701A | 1-bed | 1,394 sqft | AED 1.35MAED 1,353,000 · Oct 2019October 2019 | 110,000 /yr | |
| B702 | 2-bed | 2,001 sqft | AED 2.21MAED 2,208,920 · Dec 2023December 2023 | ||
| B703 | Studio | 455 sqft | AED 640KAED 640,000 · Nov 2017November 2017 | 39,930 /yr | |
| B704 | 2-bed | 1,617 sqft | AED 1.55MAED 1,550,000 · Apr 2024April 2024 | 160,000 /yr | |
| B705 | 1-bed | 850 sqft | AED 1.18MAED 1,181,800 · Jun 2015June 2015 | 72,000 /yr | |
| B706 | 1-bed | 885 sqft | AED 670KAED 670,000 · Oct 2022October 2022 | 69,300 /yr | |
| B707 | 1-bed | 843 sqft | AED 1.04MAED 1,044,878 · Dec 2024December 2024 | ||
| B708 | 2-bed | 1,556 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 80,000 /yr | |
| B709 | 1-bed | 777 sqft | AED 1.1MAED 1,098,200 · Jan 2015January 2015 | 73,000 /yr |
B702A, Loreto 2B in numbers
- Sold twice: first on 5 November 2014 for AED 533,900, last on 10 April 2016 for AED 533,900 (AED 1,602 per sqft).
- Rented since January 2022 on 4 Ejari contracts, from AED 30,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2016 price is 7.3%, 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 15 May 2024.
Questions about B702A, Loreto 2B
What did unit B702A last sell for?
AED 533,900 on 10 April 2016: AED 1,602 per sqft for 333 sqft. The unit has 2 registered sales; the first was AED 533,900 in November 2014.
What is the rent for unit B702A?
AED 39,000 a year on the contract signed on 15 May 2024. The previous contract, from January 2024, was AED 33,000; the unit has been rented since January 2022.
How big is unit B702A?
333 sqft (30.9 sqm): a studio on the 7th floor of a 9-storey tower completed in 2017.
What is unit B702A 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 B702A, Loreto 2B
Starts from the last sale price (AED 534K, 10 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 533,900
- Deposit, UAE resident (20%)
- AED 106,780
- Deposit, non-resident (40%)
- AED 213,560
- Monthly over 25 years at 3.7%
- AED 2,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →