Studio · 486 sqftLoreto 2B, Damac Hills · 8th floor · completed 2017

B803, Loreto 2B

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B803 · DLD and Ejari recordsUpdated 27 June 2026
Last soldAED 370K8 September 2021
Current rentAED 50K /yr27 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B803, Loreto 2B

What is B803 worth today?

Last sold for AED 370,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jun 2026RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
5 Dec 2025RentedRenewal
AED 60,000/yr4 months · AED 124 per sqft
5 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
29 Sep 2022RentedNew contract
AED 57,000/yr12 months · AED 118 per sqft
8 Sep 2021SoldReady
AED 370,000AED 760 per sqft
10 Oct 2020RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
21 Aug 2019RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft
21 Aug 2018RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 27 June 2026.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
P2-12
Developer
DAMAC
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 370K · September 2021
Building
Loreto 2B

About B803, Loreto 2B

B803 is a studio of 486 sqft on the 8th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 8 September 2021 for AED 370,000, or AED 760 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 27 June 2026, is AED 50,000 a year: a gross yield of 13.5% on the 2021 price, before the service charge of about AED 5,200 a year.

Sales and rents for B803 over time

Sales
Unit B803, each saleTypical studio in Loreto 2B
400K600K2014201720202023Typical sale price by year: 2014 AED 707,750; 2017 AED 679,500; 2024 AED 585,000Sold by developer, December 2014: AED 684,000 (AED 1,406 per sqft)Sold, September 2021: AED 370,000 (AED 760 per sqft)

B803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B803, each contractTypical studio in Loreto 2B
40K60K2018202120242027Typical 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 2018: AED 38,000 a yearRenewal, August 2019: AED 38,000 a yearNew contract, October 2020: AED 27,000 a yearNew contract, September 2022: AED 57,000 a yearNew contract, December 2024: AED 60,000 a yearRenewal, December 2025: AED 60,000 a yearNew contract, June 2026: AED 50,000 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 B803 sits

All 25 studios →

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. B803's AED 50,000 is in the upper 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
B801StudioAED 600K · Aug 2014
B801A1-bedAED 1.35M · Sep 2023
B802AStudioAED 465K · Sep 2024
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

B803, Loreto 2B in numbers

  • Sold twice: first on 4 December 2014 for AED 684,000, last on 8 September 2021 for AED 370,000 (AED 760 per sqft).
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 27,000 in 2020 and recovered to AED 50,000 by June 2026.
  • At AED 50,000 a year the gross yield on the 2021 price is 13.5%, before a service charge of about AED 5,200 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 27 June 2026.

Questions about B803, Loreto 2B

What did unit B803 last sell for?

AED 370,000 on 8 September 2021: AED 760 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 684,000 in December 2014.

What is the rent for unit B803?

AED 50,000 a year on the contract signed on 27 June 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since August 2018.

How big is unit B803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2017.

What is unit B803 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.

Selling B803? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B803, Loreto 2B

Starts from the last sale price (AED 370K, 8 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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