1-bed · 883 sqftLoreto 2B, Damac Hills · 9th floor · completed 2017

B905, Loreto 2B

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

Unit B905 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 1.18M21 September 2014
Current rentAED 72K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B905, Loreto 2B

What is B905 worth today?

Last sold for AED 1,177,050 in 2014

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15 Oct 2023RentedNew contract
AED 72,000/yr12 months · AED 82 per sqft
10 Nov 2019RentedNew contract
AED 54,000/yr13 months · AED 61 per sqft
21 Sep 2014Sold by developerOff-plan
AED 1,177,050AED 1,332 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
9th of 9
Parking
P2-21
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 1.18M · September 2014
Building
Loreto 2B

About B905, Loreto 2B

B905 is a one-bedroom apartment of 883 sqft on the 9th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 21 September 2014 for AED 1,177,050, or AED 1,332 per sqft, in line with the AED 1,315 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 October 2023, is AED 72,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 9,400 a year.

Sales and rents for B905 over time

Sales
Unit B905, 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, September 2014: AED 1,177,050 (AED 1,332 per sqft)

B905 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B905, 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, November 2019: AED 54,000 a yearNew contract, October 2023: AED 72,000 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 B905 sits

All 36 1-beds →

B905 last sold in September 2014 at AED 1,332 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 1,315). 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. B905's AED 72,000 is in the lower half 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 9th floor

All 83 units in Loreto 2B
Value
B9012-bedAED 1.97M · May 2023
B9023-bedAED 1.15M · Jul 2022
B9031-bedAED 730K · Sep 2020
B9041-bedAED 1.09M · Aug 2014
B9061-bedAED 1.13M · Dec 2025
B9071-bedAED 1.12M · Nov 2017
B907B1-bedAED 1.15M · Jan 2026

B905, Loreto 2B in numbers

  • Sold once: by DAMAC on 21 September 2014 for AED 1,177,050, or AED 1,332 per sqft.
  • Rented since November 2019 on 2 Ejari contracts, from AED 54,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 6.1%, 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 October 2023.

Questions about B905, Loreto 2B

What did unit B905 last sell for?

AED 1,177,050 on 21 September 2014, sold by the developer: AED 1,332 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit B905?

AED 72,000 a year on the contract signed on 15 October 2023. The previous contract, from November 2019, was AED 54,000.

How big is unit B905?

883 sqft (82.0 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2017.

What is unit B905 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 B905, Loreto 2B

Starts from the last sale price (AED 1.18M, 21 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,177,050
Deposit, UAE resident (20%)
AED 235,410
Deposit, non-resident (40%)
AED 470,820
Monthly over 25 years at 3.7%
AED 4,816

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