1-bed · 777 sqftLoreto 2B, Damac Hills · 7th floor · completed 2017

B709, Loreto 2B

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B709 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.1M8 January 2015
Current rentAED 73K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B709, Loreto 2B

What is B709 worth today?

Last sold for AED 1,098,200 in 2015

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1 Jan 2026RentedRenewal
AED 73,000/yr12 months · AED 94 per sqft
1 Jan 2025RentedNew contract
AED 73,000/yr12 months · AED 94 per sqft
1 Nov 2023RentedRenewal
AED 49,500/yr12 months · AED 64 per sqft
1 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
1 Nov 2021RentedNew contract
AED 39,000/yr12 months · AED 50 per sqft
15 Mar 2020RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
15 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
8 Jan 2015Sold by developerOff-plan
AED 1,098,200AED 1,412 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
7th of 9
Parking
P2-7
Developer
DAMAC
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 1.1M · January 2015
Building
Loreto 2B

About B709, Loreto 2B

B709 is a one-bedroom apartment of 777 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 8 January 2015 for AED 1,098,200, or AED 1,412 per sqft, 7% above the AED 1,316 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 73,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for B709 over time

Sales
Unit B709, 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, January 2015: AED 1,098,200 (AED 1,412 per sqft)

B709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B709, 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, March 2019: AED 55,000 a yearRenewal, March 2020: AED 55,000 a yearNew contract, November 2021: AED 39,000 a yearNew contract, November 2022: AED 45,000 a yearRenewal, November 2023: AED 49,500 a yearNew contract, January 2025: AED 73,000 a yearRenewal, January 2026: AED 73,000 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 B709 sits

All 36 1-beds →

B709 last sold in January 2015 at AED 1,412 per sqft, 7% above what one-beds in Loreto 2B were fetching at the time (AED 1,316). 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. B709's AED 73,000 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

B709, Loreto 2B in numbers

  • Sold once: by DAMAC on 8 January 2015 for AED 1,098,200, or AED 1,412 per sqft.
  • Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 39,000 in 2021 and recovered to AED 73,000 by January 2026.
  • At AED 73,000 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 8,300 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 1 January 2026.

Questions about B709, Loreto 2B

What did unit B709 last sell for?

AED 1,098,200 on 8 January 2015, sold by the developer: AED 1,412 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit B709?

AED 73,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 73,000; the unit has been rented since March 2019.

How big is unit B709?

777 sqft (72.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit B709 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 B709, Loreto 2B

Starts from the last sale price (AED 1.1M, 8 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,098,200
Deposit, UAE resident (20%)
AED 219,640
Deposit, non-resident (40%)
AED 439,280
Monthly over 25 years at 3.7%
AED 4,493

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