1-bed · 884 sqftLoreto 2B, Damac Hills · 8th floor · completed 2017

B806, Loreto 2B

Sold prices and rental history: sold twice, last in November 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B806 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 715K15 November 2022
Current rentAED 42K /yr5 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B806, Loreto 2B

What is B806 worth today?

Last sold for AED 715,000 in 2022

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15 Nov 2022SoldReady
AED 715,000AED 809 per sqft
5 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
1 Nov 2019RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
1 Nov 2018RentedNew contract
AED 56,000/yr12 months · AED 63 per sqft
17 Aug 2014Sold by developerOff-plan
AED 1,177,050AED 1,332 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
8th of 9
Parking
P2-15
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 715K · November 2022
Building
Loreto 2B

About B806, Loreto 2B

B806 is a one-bedroom apartment of 884 sqft on the 8th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 15 November 2022 for AED 715,000, or AED 809 per sqft, in line with the AED 817 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 January 2021, is AED 42,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for B806 over time

Sales
Unit B806, 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, August 2014: AED 1,177,050 (AED 1,332 per sqft)Sold, November 2022: AED 715,000 (AED 809 per sqft)

B806 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B806, 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, November 2018: AED 56,000 a yearRenewal, November 2019: AED 55,000 a yearNew contract, January 2021: AED 42,000 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 B806 sits

All 36 1-beds →

B806 last sold in November 2022 at AED 809 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 817). 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. B806's AED 42,000 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
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
B8071-bedAED 1.15M · Oct 2025
1–7 of 9

B806, Loreto 2B in numbers

  • Sold twice: first on 17 August 2014 for AED 1,177,050, last on 15 November 2022 for AED 715,000 (AED 809 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 56,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 9,400 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 15 November 2022.

Questions about B806, Loreto 2B

What did unit B806 last sell for?

AED 715,000 on 15 November 2022: AED 809 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,177,050 in August 2014.

What is the rent for unit B806?

AED 42,000 a year on the contract signed on 5 January 2021. The previous contract, from November 2019, was AED 55,000; the unit has been rented since November 2018.

How big is unit B806?

884 sqft (82.1 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit B806 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 B806, Loreto 2B

Starts from the last sale price (AED 715K, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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