Studio · 333 sqftLoreto 2B, Damac Hills · 8th floor · completed 2017

B802A, Loreto 2B

Sold prices and rental history: sold twice, last in September 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B802A · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 465K19 September 2024
Current rentAED 34K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B802A, Loreto 2B

What is B802A worth today?

Last sold for AED 465,000 in 2024

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19 Sep 2024SoldReady
AED 465,000AED 1,394 per sqft
1 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
17 Aug 2014Sold by developerOff-plan
AED 533,900AED 1,601 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
Studio apartment
Size
333 sqft
Floor
8th of 9
Parking
T4-P2-11
Developer
DAMAC
Completed
2017
Service charge
AED 3,500 /yr
Last sold
AED 465K · September 2024
Building
Loreto 2B

About B802A, Loreto 2B

B802A is a studio of 333 sqft on the 8th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 19 September 2024 for AED 465,000, or AED 1,394 per sqft, 24% above the AED 1,127 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2023. The current contract, signed on 1 August 2023, is AED 34,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for B802A over time

Sales
Unit B802A, each saleTypical studio in Loreto 2B
600K2014201720202023Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, August 2014: AED 533,900 (AED 1,601 per sqft)Sold, September 2024: AED 465,000 (AED 1,394 per sqft)

B802A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B802A, 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, August 2023: AED 34,000 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 B802A sits

All 25 studios →

B802A last sold in September 2024 at AED 1,394 per sqft, 24% above what studios in Loreto 2B were fetching at the time (AED 1,127). 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. B802A's AED 34,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 2026550,000
11 Nov 2025637,500
6 Nov 2025600,000
8 Aug 2024630,000
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
B801StudioAED 600K · Aug 2014
B801A1-bedAED 1.35M · Sep 2023
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

B802A, Loreto 2B in numbers

  • Sold twice: first on 17 August 2014 for AED 533,900, last on 19 September 2024 for AED 465,000 (AED 1,394 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 3,500 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 19 September 2024.

Questions about B802A, Loreto 2B

What did unit B802A last sell for?

AED 465,000 on 19 September 2024: AED 1,394 per sqft for 333 sqft. The unit has 2 registered sales; the first was AED 533,900 in August 2014.

What is the rent for unit B802A?

AED 34,000 a year on the contract signed on 1 August 2023.

How big is unit B802A?

333 sqft (30.9 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B802A 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 B802A, Loreto 2B

Starts from the last sale price (AED 465K, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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