852 sqftLoreto 2B, Damac Hills · 4th floor · completed 2017

B409, Loreto 2B

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B409 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 730K16 August 2020
Current rentAED 68K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B409, Loreto 2B

What is B409 worth today?

Last sold for AED 730,000 in 2020

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10 Jul 2025RentedRenewal
AED 68,000/yr12 months · AED 80 per sqft
10 Jul 2024RentedRenewal
AED 64,900/yr12 months · AED 76 per sqft
10 Jul 2023RentedRenewal
AED 59,000/yr12 months · AED 69 per sqft
10 Jul 2022RentedRenewal
AED 54,000/yr12 months · AED 63 per sqft
10 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
16 Aug 2020SoldReady
AED 730,000AED 857 per sqft
10 Jul 2020RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
10 Jul 2018RentedNew contract
AED 67,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
Apartment
Size
852 sqft
Floor
4th of 9
Parking
T4-G-16
Developer
DAMAC
Completed
2017
Service charge
AED 9,100 /yr
Last sold
AED 730K · August 2020
Building
Loreto 2B

About B409, Loreto 2B

B409 is an apartment of 852 sqft on the 4th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 16 August 2020 for AED 730,000, or AED 857 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 68,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 9,100 a year.

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

B409, Loreto 2B in numbers

  • Sold twice: first on 4 October 2017 for AED 909,860, last on 16 August 2020 for AED 730,000 (AED 857 per sqft).
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 67,000 to AED 48,000 in 2021 and recovered to AED 68,000 by July 2025.
  • At AED 68,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 9,100 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 10 July 2025.

Questions about B409, Loreto 2B

What did unit B409 last sell for?

AED 730,000 on 16 August 2020: AED 857 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 909,860 in October 2017.

What is the rent for unit B409?

AED 68,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2024, was AED 64,900; the unit has been rented since July 2018.

How big is unit B409?

852 sqft (79.2 sqm): an apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit B409 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 B409, Loreto 2B

Starts from the last sale price (AED 730K, 16 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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