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

B508, Loreto 2B

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B508 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.1M25 September 2025
Current rentAED 72K /yr5 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B508, Loreto 2B

What is B508 worth today?

Last sold for AED 1,100,000 in 2025

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25 Sep 2025SoldReady
AED 1,100,000AED 1,240 per sqft
5 Jun 2025RentedRenewal
AED 72,000/yr12 months · AED 81 per sqft
5 Jun 2024RentedNew contract
AED 72,000/yr12 months · AED 81 per sqft
1 Mar 2023RentedNew contract
AED 58,000/yr12 months · AED 65 per sqft
1 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 66 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,166,600AED 1,316 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
Apartment
Size
886 sqft
Floor
5th of 9
Parking
T4-G-27
Developer
DAMAC
Completed
2017
Service charge
AED 9,400 /yr
Last sold
AED 1.1M · September 2025
Building
Loreto 2B

About B508, Loreto 2B

B508 is an apartment of 886 sqft on the 5th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 25 September 2025 for AED 1,100,000, or AED 1,240 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 5 June 2025, is AED 72,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 9,400 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 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
B504StudioAED 550K · Feb 2026
B505StudioAED 550K · Oct 2023
B506StudioAED 746K · Sep 2014
1–7 of 12

B508, Loreto 2B in numbers

  • Sold twice: first on 24 August 2014 for AED 1,166,600, last on 25 September 2025 for AED 1,100,000 (AED 1,240 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 58,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 9,400 a year (AED 10.63 per sqft).

Source: Dubai Land Department. Updated 25 September 2025.

Questions about B508, Loreto 2B

What did unit B508 last sell for?

AED 1,100,000 on 25 September 2025: AED 1,240 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 1,166,600 in August 2014.

What is the rent for unit B508?

AED 72,000 a year on the contract renewed on 5 June 2025. The previous contract, from June 2024, was AED 72,000; the unit has been rented since March 2019.

How big is unit B508?

886 sqft (82.3 sqm): an apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit B508 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 B508, Loreto 2B

Starts from the last sale price (AED 1.1M, 25 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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