B507, 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 B507, Loreto 2B
What is B507 worth today?
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Source: Dubai Land Department. Updated 14 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 837 sqft
- Floor
- 5th of 9
- Parking
- G-26
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 8,900 /yr
- Last sold
- AED 1.07M · August 2014
- Building
- Loreto 2B
About B507, Loreto 2B
B507 is a one-bedroom apartment of 837 sqft on the 5th 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 1,068,750, or AED 1,277 per sqft, in line with the AED 1,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 14 August 2024, is AED 57,330 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 8,900 a year.
Sales and rents for B507 over time
B507 has sold once; the dashed line is the one-bed median of each year in the building.
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 B507 sits
All 31 1-beds →B507 last sold in August 2014 at AED 1,277 per sqft, in line with what one-beds in Loreto 2B were fetching at the time (AED 1,280). 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. B507's AED 57,330 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 933 sqft | 1,150,000 | 1,232 | ||
| 23 Dec 202523 December 2025 | 848 sqft | 1,130,000 | 1,332 | ||
| 14 Jul 202514 July 2025 | 852 sqft | 1,160,000 | 1,362 | ||
| 10 Jun 202510 June 2025 | 841 sqft | 1,075,000 | 1,278 |
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 5th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 2-bed | 1,702 sqft | AED 1.95MAED 1,954,000 · Dec 2017December 2017 | 160,000 /yr | |
| B502 | 2-bed | 1,513 sqft | AED 1.2MAED 1,200,000 · Jan 2021January 2021 | ||
| B502A | Studio | 321 sqft | AED 563KAED 563,350 · Oct 2014October 2014 | 35,000 /yr | |
| B503 | 1-bed | 801 sqft | AED 1.06MAED 1,062,100 · Nov 2014November 2014 | 75,000 /yr | |
| B504 | Studio | 495 sqft | AED 550KAED 550,000 · Feb 2026February 2026 | 38,000 /yr | |
| B505 | Studio | 525 sqft | AED 550KAED 550,000 · Oct 2023October 2023 | 27,500 /yr | |
| B506 | Studio | 526 sqft | AED 746KAED 745,750 · Sep 2014September 2014 | 48,000 /yr | |
| B508 | 886 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 72,000 /yr | ||
| B509 | 1-bed | 852 sqft | AED 1.16MAED 1,160,000 · Jul 2025July 2025 | 95,000 /yr | |
| B510 | 1-bed | 1,021 sqft | AED 905KAED 905,000 · Oct 2023October 2023 | 54,880 /yr | |
| B511 | 2-bed | 1,495 sqft | AED 1.36MAED 1,359,000 · Jun 2022June 2022 | 106,260 /yr | |
| B512 | Studio | 430 sqft | AED 673KAED 672,600 · Sep 2014September 2014 | 45,000 /yr |
B507, Loreto 2B in numbers
- Sold once: by DAMAC on 17 August 2014 for AED 1,068,750, or AED 1,277 per sqft.
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 52,000 in 2022 and recovered to AED 57,330 by August 2024.
- At AED 57,330 a year the gross yield on the 2014 price is 5.4%, 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 14 August 2024.
Questions about B507, Loreto 2B
What did unit B507 last sell for?
AED 1,068,750 on 17 August 2014, sold by the developer: AED 1,277 per sqft for 837 sqft. It is the only registered sale of the unit.
What is the rent for unit B507?
AED 57,330 a year on the contract signed on 14 August 2024. The previous contract, from August 2022, was AED 52,000; the unit has been rented since July 2018.
How big is unit B507?
837 sqft (77.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B507 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 B507, Loreto 2B
Starts from the last sale price (AED 1.07M, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,068,750
- Deposit, UAE resident (20%)
- AED 213,750
- Deposit, non-resident (40%)
- AED 427,500
- Monthly over 25 years at 3.7%
- AED 4,373
Plus AED 49,898 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →