Studio · 495 sqftLoreto 2B, Damac Hills · 5th floor · completed 2017

B504, Loreto 2B

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B504 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 550K2 February 2026
Current rentAED 38K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B504, Loreto 2B

What is B504 worth today?

Last sold for AED 550,000 in 2026

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2 Feb 2026SoldReady
AED 550,000AED 1,111 per sqft
20 Oct 2025RentedRenewal
AED 38,000/yr12 months · AED 77 per sqft
20 Oct 2023RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
20 Oct 2022RentedNew contract
AED 31,000/yr12 months · AED 63 per sqft
20 Dec 2018RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
27 Dec 2017SoldOff-plan
AED 525,000AED 1,060 per sqft
21 Sep 2014Sold by developerOff-plan
AED 727,700AED 1,470 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
5th of 9
Parking
G-23
Developer
DAMAC
Completed
2017
Service charge
AED 5,300 /yr
Last sold
AED 550K · February 2026
Building
Loreto 2B

About B504, Loreto 2B

B504 is a studio of 495 sqft on the 5th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 2 February 2026 for AED 550,000, or AED 1,111 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 38,000 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 5,300 a year.

Sales and rents for B504 over time

Sales
Unit B504, each saleTypical studio in Loreto 2B
500K600K700K2014201820222026Typical sale price by year: 2014 AED 684,000; 2017 AED 679,500; 2024 AED 585,000Sold by developer, September 2014: AED 727,700 (AED 1,470 per sqft)Sold, December 2017: AED 525,000 (AED 1,060 per sqft)Sold, February 2026: AED 550,000 (AED 1,111 per sqft)

B504 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B504, each contractTypical studio in Loreto 2B
30K40K201820212024Typical rent by year: 2018 AED 36,500; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 26,500; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 40,269; 2025 AED 45,000New contract, December 2018: AED 35,000 a yearNew contract, October 2022: AED 31,000 a yearNew contract, October 2023: AED 33,000 a yearRenewal, October 2025: AED 38,000 a year

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 B504 sits

All 23 studios →

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. B504's AED 38,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Sep 2024465,000
8 Aug 2024630,000
13 May 2024585,000
9 Oct 2023550,000
1 studio sale 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 5th floor

All 83 units in Loreto 2B
Value
B5012-bedAED 1.95M · Dec 2017
B5022-bedAED 1.2M · Jan 2021
B502AStudioAED 563K · Oct 2014
B5031-bedAED 1.06M · Nov 2014
B505StudioAED 550K · Oct 2023
B506StudioAED 746K · Sep 2014
B5071-bedAED 1.07M · Aug 2014
1–7 of 12

B504, Loreto 2B in numbers

  • Sold 3 times: first on 21 September 2014 for AED 727,700, last on 2 February 2026 for AED 550,000 (AED 1,111 per sqft).
  • Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 31,000 in 2022 and recovered to AED 38,000 by October 2025.
  • At AED 38,000 a year the gross yield on the 2026 price is 6.9%, before a service charge of about AED 5,300 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 2 February 2026.

Questions about B504, Loreto 2B

What did unit B504 last sell for?

AED 550,000 on 2 February 2026: AED 1,111 per sqft for 495 sqft. The unit has 3 registered sales; the first was AED 727,700 in September 2014.

What is the rent for unit B504?

AED 38,000 a year on the contract renewed on 20 October 2025. The previous contract, from October 2023, was AED 33,000; the unit has been rented since December 2018.

How big is unit B504?

495 sqft (46.0 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit B504 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 B504, Loreto 2B

Starts from the last sale price (AED 550K, 2 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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