B405, Loreto 2B
Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B405, Loreto 2B
What is B405 worth today?
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Source: Dubai Land Department. Updated 9 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 530 sqft
- Floor
- 4th of 9
- Parking
- B-29
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 5,600 /yr
- Last sold
- AED 788K · December 2014
- Building
- Loreto 2B
About B405, Loreto 2B
B405 is a studio of 530 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 4 December 2014 for AED 787,550, or AED 1,487 per sqft, in line with the AED 1,485 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 9 May 2025, is AED 50,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 5,600 a year.
Sales and rents for B405 over time
B405 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 B405 sits
All 23 studios →B405 last sold in December 2014 at AED 1,487 per sqft, in line with what studios in Loreto 2B were fetching at the time (AED 1,485). 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. B405's AED 50,000 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 | |
| B404 | Studio | 490 sqft | AED 728KAED 727,700 · Aug 2014August 2014 | 49,000 /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 |
B405, Loreto 2B in numbers
- Sold once: by DAMAC on 4 December 2014 for AED 787,550, or AED 1,487 per sqft.
- Rented since April 2023 on 2 Ejari contracts, from AED 35,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 5,600 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 9 May 2025.
Questions about B405, Loreto 2B
What did unit B405 last sell for?
AED 787,550 on 4 December 2014, sold by the developer: AED 1,487 per sqft for 530 sqft. It is the only registered sale of the unit.
What is the rent for unit B405?
AED 50,000 a year on the contract signed on 9 May 2025. The previous contract, from April 2023, was AED 35,000.
How big is unit B405?
530 sqft (49.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2017.
What is unit B405 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 B405, Loreto 2B
Starts from the last sale price (AED 788K, 4 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 787,550
- Deposit, UAE resident (20%)
- AED 157,510
- Deposit, non-resident (40%)
- AED 315,020
- Monthly over 25 years at 3.7%
- AED 3,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →