Studio · 428 sqftLoreto 2B, Damac Hills · 8th floor · completed 2017

B801, Loreto 2B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B801 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 600K17 August 2014
Current rentAED 45K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B801, Loreto 2B

What is B801 worth today?

Last sold for AED 600,400 in 2014

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2 May 2025RentedRenewal
AED 45,000/yr12 months · AED 105 per sqft
2 May 2024RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
25 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
25 Mar 2020RentedRenewal
AED 33,000/yr12 months · AED 77 per sqft
25 Mar 2019RentedNew contract
AED 33,000/yr12 months · AED 77 per sqft
17 Aug 2014Sold by developerOff-plan
AED 600,400AED 1,402 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
8th of 9
Parking
P2-9
Developer
DAMAC
Completed
2017
Service charge
AED 4,600 /yr
Last sold
AED 600K · August 2014
Building
Loreto 2B

About B801, Loreto 2B

B801 is a studio of 428 sqft on the 8th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 17 August 2014 for AED 600,400, or AED 1,402 per sqft, 8% below the AED 1,523 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 45,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for B801 over time

Sales
Unit B801, each saleTypical studio in Loreto 2B
600K700K2014201720202023Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, August 2014: AED 600,400 (AED 1,402 per sqft)

B801 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B801, each contractTypical studio in Loreto 2B
30K40K2018202120242027Typical rent by year: 2018 AED 36,500; 2019 AED 34,500; 2020 AED 30,000; 2021 AED 27,500; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 39,000; 2025 AED 46,000; 2026 AED 46,500New contract, March 2019: AED 33,000 a yearRenewal, March 2020: AED 33,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, May 2024: AED 45,000 a yearRenewal, May 2025: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Loreto 2B, and where B801 sits

All 25 studios →

B801 last sold in August 2014 at AED 1,402 per sqft, 8% below what studios in Loreto 2B were fetching at the time (AED 1,523). Over the last 12 months studios sold for AED 550,000 to 637,500, around AED 1,090 per sqft, and rent for AED 36,685 to 60,000 a year. B801's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 2026550,000
11 Nov 2025637,500
6 Nov 2025600,000
19 Sep 2024465,000
2 studio 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 8th floor

All 83 units in Loreto 2B
Value
B801A1-bedAED 1.35M · Sep 2023
B802AStudioAED 465K · Sep 2024
B803StudioAED 370K · Sep 2021
B8042-bedAED 1.29M · Feb 2021
B8051-bedAED 566K · Apr 2020
B8061-bedAED 715K · Nov 2022
B8071-bedAED 1.15M · Oct 2025
1–7 of 9

B801, Loreto 2B in numbers

  • Sold once: by DAMAC on 17 August 2014 for AED 600,400, or AED 1,402 per sqft.
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2021 and recovered to AED 45,000 by May 2025.
  • At AED 45,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 4,600 a year (AED 10.63 per sqft).
  • Studios in Loreto 2B sold for AED 550,000–637,500 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 2 May 2025.

Questions about B801, Loreto 2B

What did unit B801 last sell for?

AED 600,400 on 17 August 2014, sold by the developer: AED 1,402 per sqft for 428 sqft. It is the only registered sale of the unit.

What is the rent for unit B801?

AED 45,000 a year on the contract renewed on 2 May 2025. The previous contract, from May 2024, was AED 45,000; the unit has been rented since March 2019.

How big is unit B801?

428 sqft (39.8 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 2B sold for AED 550,000 to 637,500 in the last 12 months, around AED 1,090 per sqft.

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Mortgage on B801, Loreto 2B

Starts from the last sale price (AED 600K, 17 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 600,400
Deposit, UAE resident (20%)
AED 120,080
Deposit, non-resident (40%)
AED 240,160
Monthly over 25 years at 3.7%
AED 2,456

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