B404, Loreto 2B
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B404, Loreto 2B
What is B404 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 4th of 9
- Parking
- B-26
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,200 /yr
- Last sold
- AED 728K · August 2014
- Building
- Loreto 2B
About B404, Loreto 2B
B404 is a studio of 490 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 17 August 2014 for AED 727,700, or AED 1,485 per sqft, in line with the AED 1,523 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 49,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 5,200 a year.
Sales and rents for B404 over time
B404 has sold once; the dashed line is the studio median of each year in the building.
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 B404 sits
All 23 studios →B404 last sold in August 2014 at AED 1,485 per sqft, in line with what studios in Loreto 2B were fetching at the time (AED 1,523). Over the last 12 months studios sold for AED 550,000, around AED 1,111 per sqft, and rent for AED 46,500 to 60,000 a year. B404's AED 49,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 495 sqft | 550,000 | 1,111 | ||
| 19 Sep 202419 September 2024 | 333 sqft | 465,000 | 1,394 | ||
| 8 Aug 20248 August 2024 | 522 sqft | 630,000 | 1,207 | ||
| 13 May 202413 May 2024 | 581 sqft | 585,000 | 1,006 |
Loreto 2B
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,282
- Typical sale
- AED 1.09M
- Typical rent
- AED 75K /yr
- Typical yield
- 7.3%
Other units on the 4th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 2-bed | 1,457 sqft | AED 2.08MAED 2,076,700 · Aug 2014August 2014 | 150,000 /yr | |
| B402 | 2-bed | 1,625 sqft | AED 2.1MAED 2,100,000 · Nov 2023November 2023 | 150,000 /yr | |
| B402A | Studio | 321 sqft | AED 563KAED 563,350 · Aug 2014August 2014 | 36,000 /yr | |
| B403 | 1-bed | 808 sqft | AED 710KAED 710,000 · Jun 2022June 2022 | 60,637 /yr | |
| B405 | Studio | 530 sqft | AED 788KAED 787,550 · Dec 2014December 2014 | 50,000 /yr | |
| B406 | Studio | 522 sqft | AED 630KAED 630,000 · Aug 2024August 2024 | 31,050 /yr | |
| B407 | 1-bed | 841 sqft | AED 1.08MAED 1,075,000 · Jun 2025June 2025 | 54,000 /yr | |
| B408 | 1-bed | 443 sqft | AED 1.17MAED 1,166,600 · Nov 2014November 2014 | ||
| B409 | 852 sqft | AED 730KAED 730,000 · Aug 2020August 2020 | 68,000 /yr | ||
| B410 | 1,021 sqft | AED 730KAED 730,000 · Sep 2020September 2020 | 83,000 /yr | ||
| B411 | 2-bed | 1,456 sqft | AED 1.3MAED 1,300,000 · Sep 2021September 2021 | ||
| B412 | Studio | 454 sqft | AED 420KAED 420,000 · Dec 2020December 2020 | 50,000 /yr |
B404, Loreto 2B in numbers
- Sold once: by DAMAC on 17 August 2014 for AED 727,700, or AED 1,485 per sqft.
- Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2023 and recovered to AED 49,000 by April 2025.
- At AED 49,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 5,200 a year (AED 10.63 per sqft).
- Studios in Loreto 2B sold for AED 550,000–550,000 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 1 April 2025.
Questions about B404, Loreto 2B
What did unit B404 last sell for?
AED 727,700 on 17 August 2014, sold by the developer: AED 1,485 per sqft for 490 sqft. It is the only registered sale of the unit.
What is the rent for unit B404?
AED 49,000 a year on the contract signed on 1 April 2025. The previous contract, from February 2024, was AED 33,000; the unit has been rented since November 2018.
How big is unit B404?
490 sqft (45.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B404 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 550,000 in the last 12 months, around AED 1,111 per sqft.
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Mortgage on B404, Loreto 2B
Starts from the last sale price (AED 728K, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 727,700
- Deposit, UAE resident (20%)
- AED 145,540
- Deposit, non-resident (40%)
- AED 291,080
- Monthly over 25 years at 3.7%
- AED 2,977
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →