1-bed · 841 sqftLoreto 2B, Damac Hills · 4th floor · completed 2017

B407, Loreto 2B

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B407 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 1.08M10 June 2025
Current rentAED 54K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B407, Loreto 2B

What is B407 worth today?

Last sold for AED 1,075,000 in 2025

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10 Jun 2025SoldReady
AED 1,075,000AED 1,278 per sqft
8 Dec 2022SoldReady
AED 700,000AED 832 per sqft
1 Jul 2020RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft
1 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Aug 2018RentedNew contract
AED 52,615/yr13 months · AED 63 per sqft
1 Aug 2018RentedNew contract
AED 57,000/yr12 months · AED 68 per sqft
11 Dec 2014Sold by developerOff-plan
AED 1,113,400AED 1,324 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
4th of 9
Parking
T4-G-14
Developer
DAMAC
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 1.08M · June 2025
Building
Loreto 2B

About B407, Loreto 2B

B407 is a one-bedroom apartment of 841 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 10 June 2025 for AED 1,075,000, or AED 1,278 per sqft, 3% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 July 2020, is AED 54,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 8,900 a year.

Sales and rents for B407 over time

Sales
Unit B407, each saleTypical one-bed in Loreto 2B
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,091,550; 2017 AED 1,014,620; 2018 AED 1,190,000; 2020 AED 730,000; 2022 AED 685,000; 2023 AED 1,050,000; 2025 AED 1,145,000Sold by developer, December 2014: AED 1,113,400 (AED 1,324 per sqft)Sold, December 2022: AED 700,000 (AED 832 per sqft)Sold, June 2025: AED 1,075,000 (AED 1,278 per sqft)

B407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B407, each contractTypical one-bed in Loreto 2B
60K80K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 57,500; 2020 AED 49,000; 2021 AED 47,500; 2022 AED 51,000; 2023 AED 54,880; 2024 AED 62,500; 2025 AED 75,000; 2026 AED 78,500New contract, August 2018: AED 52,615 a yearNew contract, August 2018: AED 57,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, July 2020: AED 54,000 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 B407 sits

All 31 1-beds →

B407 last sold in June 2025 at AED 1,278 per sqft, 3% above what one-beds in Loreto 2B were fetching at the time (AED 1,239). 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 72,000 to 95,000 a year. B407's AED 54,000 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
14 Jul 20251,160,000
12 May 20251,200,000
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. 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%
Loreto 2B, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 83 units in Loreto 2B
Value
B4012-bedAED 2.08M · Aug 2014
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
1–7 of 12

B407, Loreto 2B in numbers

  • Sold 3 times: first on 11 December 2014 for AED 1,113,400, last on 10 June 2025 for AED 1,075,000 (AED 1,278 per sqft).
  • Rented since August 2018 on 4 Ejari contracts, from AED 57,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 8,900 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 10 June 2025.

Questions about B407, Loreto 2B

What did unit B407 last sell for?

AED 1,075,000 on 10 June 2025: AED 1,278 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,113,400 in December 2014.

What is the rent for unit B407?

AED 54,000 a year on the contract signed on 1 July 2020. The previous contract, from July 2019, was AED 60,000; the unit has been rented since August 2018.

How big is unit B407?

841 sqft (78.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B407 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 B407, Loreto 2B

Starts from the last sale price (AED 1.08M, 10 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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