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1-bed · 1,302 sqftLoreto 2B, Damac Hills · 8th floor · completed 2017

B801A, Loreto 2B

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B801A · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 1.35M29 September 2023
Current rentAED 58K /yr20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B801A, Loreto 2B

What is B801A worth today?

Last sold for AED 1,354,000 in 2023

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29 Sep 2023Sold by developerReady
AED 1,354,000AED 1,039 per sqft
20 Jun 2021RentedRenewal
AED 58,000/yr13 months · AED 45 per sqft
20 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
1-bed apartment
Size
1,302 sqft
Floor
8th of 9
Parking
P2-8
Developer
DAMAC
Completed
2017
Service charge
AED 13,800 /yr
Last sold
AED 1.35M · September 2023
Building
Loreto 2B

About B801A, Loreto 2B

B801A is a one-bedroom apartment of 1,302 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 29 September 2023 for AED 1,354,000, or AED 1,039 per sqft, 25% above the AED 832 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 20 June 2021, is AED 58,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for B801A over time

Sales
Unit B801A, each saleTypical one-bed in Loreto 2B
1M20142017202020232026Typical 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, September 2023: AED 1,354,000 (AED 1,039 per sqft)

B801A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B801A, 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 75,000New contract, June 2020: AED 60,000 a yearRenewal, June 2021: AED 58,000 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 B801A sits

All 36 1-beds →

B801A last sold in September 2023 at AED 1,039 per sqft, 25% above what one-beds in Loreto 2B were fetching at the time (AED 832). 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. B801A's AED 58,000 is at the bottom 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 8th floor

All 83 units in Loreto 2B
Value
B801StudioAED 600K · Aug 2014
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

B801A, Loreto 2B in numbers

  • Sold once: by DAMAC on 29 September 2023 for AED 1,354,000, or AED 1,039 per sqft.
  • Rented since June 2020 on 2 Ejari contracts, from AED 60,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 13,800 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 29 September 2023.

Questions about B801A, Loreto 2B

What did unit B801A last sell for?

AED 1,354,000 on 29 September 2023, sold by the developer: AED 1,039 per sqft for 1,302 sqft. It is the only registered sale of the unit.

What is the rent for unit B801A?

AED 58,000 a year on the contract renewed on 20 June 2021. The previous contract, from June 2020, was AED 60,000.

How big is unit B801A?

1,302 sqft (121.0 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B801A 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 B801A, Loreto 2B

Starts from the last sale price (AED 1.35M, 29 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,354,000
Deposit, UAE resident (20%)
AED 270,800
Deposit, non-resident (40%)
AED 541,600
Monthly over 25 years at 3.7%
AED 5,540

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