B705, Loreto 2B
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B705, Loreto 2B
What is B705 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 7th of 9
- Parking
- UP1-15
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 9,000 /yr
- Last sold
- AED 1.18M · June 2015
- Building
- Loreto 2B
About B705, Loreto 2B
B705 is a one-bedroom apartment of 850 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 4 June 2015 for AED 1,181,800, or AED 1,389 per sqft, 5% above the AED 1,318 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 72,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 9,000 a year.
Sales and rents for B705 over time
B705 has sold once; the dashed line is the one-bed median of each year in the building.
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 B705 sits
All 36 1-beds →B705 last sold in June 2015 at AED 1,389 per sqft, 5% above what one-beds in Loreto 2B were fetching at the time (AED 1,318). 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. B705's AED 72,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 933 sqft | 1,150,000 | 1,232 | ||
| 23 Dec 202523 December 2025 | 848 sqft | 1,130,000 | 1,332 | ||
| 17 Nov 202517 November 2025 | 777 sqft | 1,050,000 | 1,350 | ||
| 7 Oct 20257 October 2025 | 843 sqft | 1,150,000 | 1,364 |
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 | |
| B704 | 2-bed | 1,617 sqft | AED 1.55MAED 1,550,000 · Apr 2024April 2024 | 160,000 /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 |
B705, Loreto 2B in numbers
- Sold once: by DAMAC on 4 June 2015 for AED 1,181,800, or AED 1,389 per sqft.
- Rented since January 2019 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 41,000 in 2021 and recovered to AED 72,000 by February 2026.
- At AED 72,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 9,000 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 15 February 2026.
Questions about B705, Loreto 2B
What did unit B705 last sell for?
AED 1,181,800 on 4 June 2015, sold by the developer: AED 1,389 per sqft for 850 sqft. It is the only registered sale of the unit.
What is the rent for unit B705?
AED 72,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 72,000; the unit has been rented since January 2019.
How big is unit B705?
850 sqft (79.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B705 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 B705, Loreto 2B
Starts from the last sale price (AED 1.18M, 4 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,181,800
- Deposit, UAE resident (20%)
- AED 236,360
- Deposit, non-resident (40%)
- AED 472,720
- Monthly over 25 years at 3.7%
- AED 4,835
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →