1-bed · 885 sqftLoreto 2B, Damac Hills · 7th floor · completed 2017

B706, Loreto 2B

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B706 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 670K3 October 2022
Current rentAED 69K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B706, Loreto 2B

What is B706 worth today?

Last sold for AED 670,000 in 2022

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23 Dec 2025RentedRenewal
AED 69,300/yr12 months · AED 78 per sqft
23 Dec 2024RentedRenewal
AED 66,000/yr12 months · AED 75 per sqft
23 Dec 2023RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
23 Dec 2022RentedRenewal
AED 52,500/yr12 months · AED 59 per sqft
3 Oct 2022SoldReady
AED 670,000AED 756 per sqft
23 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
23 Dec 2020RentedNew contract
AED 43,000/yr12 months · AED 49 per sqft
16 Aug 2020SoldReady
AED 730,000AED 824 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
7th of 9
Parking
UP1-36
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 670K · October 2022
Building
Loreto 2B

About B706, Loreto 2B

B706 is a one-bedroom apartment of 885 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 3 October 2022 for AED 670,000, or AED 756 per sqft, 8% below the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 69,300 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for B706 over time

Sales
Unit B706, each saleTypical one-bed in Loreto 2B
750K1M1.25M20142017202020232026Typical 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, November 2017: AED 944,780 (AED 1,067 per sqft)Sold, August 2020: AED 730,000 (AED 824 per sqft)Sold, October 2022: AED 670,000 (AED 756 per sqft)

B706 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B706, each contractTypical one-bed in Loreto 2B
40K60K80K2018202120242027Typical 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, September 2018: AED 63,000 a yearNew contract, December 2019: AED 55,000 a yearNew contract, December 2020: AED 43,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 52,500 a yearRenewal, December 2023: AED 60,000 a yearRenewal, December 2024: AED 66,000 a yearRenewal, December 2025: AED 69,300 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 B706 sits

All 36 1-beds →

B706 last sold in October 2022 at AED 756 per sqft, 8% below what one-beds in Loreto 2B were fetching at the time (AED 824). 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. B706's AED 69,300 is in the lower half 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
B701A1-bedAED 1.35M · Oct 2019
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
1–7 of 10

B706, Loreto 2B in numbers

  • Sold 3 times: first on 28 November 2017 for AED 944,780, last on 3 October 2022 for AED 670,000 (AED 756 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 63,000 to AED 43,000 in 2020 and recovered to AED 69,300 by December 2025.
  • At AED 69,300 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 9,400 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 23 December 2025.

Questions about B706, Loreto 2B

What did unit B706 last sell for?

AED 670,000 on 3 October 2022: AED 756 per sqft for 885 sqft. The unit has 3 registered sales; the first was AED 944,780 in November 2017.

What is the rent for unit B706?

AED 69,300 a year on the contract renewed on 23 December 2025. The previous contract, from December 2024, was AED 66,000; the unit has been rented since September 2018.

How big is unit B706?

885 sqft (82.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B706 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 B706, Loreto 2B

Starts from the last sale price (AED 670K, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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