B704, Loreto 2B
Sold prices and rental history: sold twice, last in April 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B704, Loreto 2B
What is B704 worth today?
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Source: Dubai Land Department. Updated 19 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 7th of 9
- Parking
- UP1-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.55M · April 2024
- Building
- Loreto 2B
About B704, Loreto 2B
B704 is a two-bedroom apartment of 1,617 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 7 April 2024 for AED 1,550,000, or AED 958 per sqft, 7% below the AED 1,033 two-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 19 January 2026, is AED 160,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 17,200 a year.
Sales and rents for B704 over time
B704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 B704 sits
All 18 2-beds →B704 last sold in April 2024 at AED 958 per sqft, 7% below what two-beds in Loreto 2B were fetching at the time (AED 1,033). 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. B704's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 2,550 sqft | 3,400,000 | 1,333 | ||
| 26 Aug 202526 August 2025 | 2,554 sqft | 2,660,000 | 1,041 | ||
| 30 May 202530 May 2025 | 1,505 sqft | 2,000,000 | 1,329 | ||
| 23 May 202523 May 2025 | 1,477 sqft | 1,900,000 | 1,286 |
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 | ||
| B702A | Studio | 333 sqft | AED 534KAED 533,900 · Apr 2016April 2016 | 39,000 /yr | |
| B703 | Studio | 455 sqft | AED 640KAED 640,000 · Nov 2017November 2017 | 39,930 /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 |
B704, Loreto 2B in numbers
- Sold twice: first on 16 August 2022 for AED 1,763,000, last on 7 April 2024 for AED 1,550,000 (AED 958 per sqft).
- Rented since January 2026 on 2 Ejari contracts, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 17,200 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 19 January 2026.
Questions about B704, Loreto 2B
What did unit B704 last sell for?
AED 1,550,000 on 7 April 2024: AED 958 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,763,000 in August 2022.
What is the rent for unit B704?
AED 160,000 a year on the contract signed on 19 January 2026. The previous contract, from January 2026, was AED 160,000.
How big is unit B704?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B704 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 B704, Loreto 2B
Starts from the last sale price (AED 1.55M, 7 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →