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2-bed · 1,457 sqftLoreto 2B, Damac Hills · 4th floor · completed 2017

B401, Loreto 2B

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

Unit B401 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.08M24 August 2014
Current rentAED 150K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B401, Loreto 2B

What is B401 worth today?

Last sold for AED 2,076,700 in 2014

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1 Feb 2026RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
28 Jan 2024RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
28 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
15 Feb 2021RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
28 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
1 Jan 2019RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
24 Aug 2014Sold by developerOff-plan
AED 2,076,700AED 1,425 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
4th of 9
Parking
B-22
Developer
DAMAC
Completed
2017
Service charge
AED 15,500 /yr
Last sold
AED 2.08M · August 2014
Building
Loreto 2B

About B401, Loreto 2B

B401 is a two-bedroom apartment of 1,457 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 24 August 2014 for AED 2,076,700, or AED 1,425 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 February 2026, is AED 150,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for B401 over time

Sales
Unit B401, each saleTypical two-bed in Loreto 2B
1.5M2M2014201720202023Typical sale price by year: 2014 AED 2,076,700; 2017 AED 1,954,000; 2019 AED 1,518,000; 2021 AED 1,291,674; 2023 AED 1,800,000Sold by developer, August 2014: AED 2,076,700 (AED 1,425 per sqft)

B401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B401, each contractTypical two-bed in Loreto 2B
100K150K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 90,000; 2022 AED 92,500; 2023 AED 117,000; 2024 AED 135,000; 2025 AED 148,500; 2026 AED 150,000New contract, January 2019: AED 90,000 a yearNew contract, January 2020: AED 85,000 a yearNew contract, February 2021: AED 85,000 a yearNew contract, January 2023: AED 120,000 a yearRenewal, January 2024: AED 120,000 a yearNew contract, February 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Loreto 2B, and where B401 sits

All 16 2-beds →

B401's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 May 20252,000,000
23 May 20251,900,000
7 Apr 20241,550,000
18 Jan 20242,237,000
0 2-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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,232
Typical sale
AED 1.05M
Typical rent
AED 75K /yr
Typical yield
7.6%
Loreto 2B, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 83 units in Loreto 2B
Value
B4022-bedAED 2.1M · Nov 2023
B402AStudioAED 563K · Aug 2014
B4031-bedAED 710K · Jun 2022
B404StudioAED 728K · Aug 2014
B405StudioAED 788K · Dec 2014
B406StudioAED 630K · Aug 2024
B4071-bedAED 1.08M · Jun 2025
1–7 of 12

B401, Loreto 2B in numbers

  • Sold once: by DAMAC on 24 August 2014 for AED 2,076,700, or AED 1,425 per sqft.
  • Rented since January 2019 on 6 Ejari contracts, from AED 90,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 15,500 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about B401, Loreto 2B

What did unit B401 last sell for?

AED 2,076,700 on 24 August 2014, sold by the developer: AED 1,425 per sqft for 1,457 sqft. It is the only registered sale of the unit.

What is the rent for unit B401?

AED 150,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2024, was AED 120,000; the unit has been rented since January 2019.

How big is unit B401?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B401, Loreto 2B

Starts from the last sale price (AED 2.08M, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,076,700
Deposit, UAE resident (20%)
AED 415,340
Deposit, non-resident (40%)
AED 830,680
Monthly over 25 years at 3.7%
AED 8,496

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