1-bed · 843 sqftLoreto 2B, Damac Hills · 7th floor · completed 2017

B707, Loreto 2B

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B707 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 1.04M25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B707, Loreto 2B

What is B707 worth today?

Last sold for AED 1,044,878 in 2024

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25 Dec 2024SoldReady
AED 1,044,878AED 1,239 per sqft
2 Mar 2017Sold by developerOff-plan
AED 1,165,000AED 1,381 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
7th of 9
Parking
T4-UP1-37
Developer
DAMAC
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 1.04M · December 2024
Building
Loreto 2B

About B707, Loreto 2B

B707 is a one-bedroom apartment of 843 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 25 December 2024 for AED 1,044,878, or AED 1,239 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B707 over time

Sales
Unit B707, 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, March 2017: AED 1,165,000 (AED 1,381 per sqft)Sold, December 2024: AED 1,044,878 (AED 1,239 per sqft)

B707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B707, each contractTypical one-bed in Loreto 2B
60K2018202120242027Typical 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 75,000

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 B707 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.

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

B707, Loreto 2B in numbers

  • Sold twice: first on 2 March 2017 for AED 1,165,000, last on 25 December 2024 for AED 1,044,878 (AED 1,239 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 December 2024.

Questions about B707, Loreto 2B

What did unit B707 last sell for?

AED 1,044,878 on 25 December 2024: AED 1,239 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 1,165,000 in March 2017.

How big is unit B707?

843 sqft (78.3 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B707 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 B707, Loreto 2B

Starts from the last sale price (AED 1.04M, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,878
Deposit, UAE resident (20%)
AED 208,976
Deposit, non-resident (40%)
AED 417,951
Monthly over 25 years at 3.7%
AED 4,275

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