B511, Loreto 2B
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B511, Loreto 2B
What is B511 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,495 sqft
- Floor
- 5th of 9
- Parking
- LP1-14
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.36M · June 2022
- Building
- Loreto 2B
About B511, Loreto 2B
B511 is a two-bedroom apartment of 1,495 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 16 June 2022 for AED 1,359,000, or AED 908 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 106,260 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 15,900 a year.
Sales and rents for B511 over time
B511 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Loreto 2B, and where B511 sits
All 16 2-beds →B511's AED 106,260 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 May 202530 May 2025 | 1,505 sqft | 2,000,000 | 1,329 | ||
| 23 May 202523 May 2025 | 1,477 sqft | 1,900,000 | 1,286 | ||
| 7 Apr 20247 April 2024 | 1,617 sqft | 1,550,000 | 958 | ||
| 18 Jan 202418 January 2024 | 1,917 sqft | 2,237,000 | 1,167 |
Loreto 2B
Building83 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,232
- Typical sale
- AED 1.05M
- Typical rent
- AED 75K /yr
- Typical yield
- 7.6%
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 | |
| B507 | 1-bed | 837 sqft | AED 1.07MAED 1,068,750 · Aug 2014August 2014 | 57,330 /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 | |
| B512 | Studio | 430 sqft | AED 673KAED 672,600 · Sep 2014September 2014 | 45,000 /yr |
B511, Loreto 2B in numbers
- Sold once: by DAMAC on 16 June 2022 for AED 1,359,000, or AED 908 per sqft.
- Rented since September 2023 on 3 Ejari contracts, from AED 92,000 to AED 106,260 a year.
- At AED 106,260 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 15,900 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 10 September 2025.
Questions about B511, Loreto 2B
What did unit B511 last sell for?
AED 1,359,000 on 16 June 2022, sold by the developer: AED 908 per sqft for 1,495 sqft. It is the only registered sale of the unit.
What is the rent for unit B511?
AED 106,260 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 96,600; the unit has been rented since September 2023.
How big is unit B511?
1,495 sqft (138.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit B511 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 B511, Loreto 2B
Starts from the last sale price (AED 1.36M, 16 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,359,000
- Deposit, UAE resident (20%)
- AED 271,800
- Deposit, non-resident (40%)
- AED 543,600
- Monthly over 25 years at 3.7%
- AED 5,560
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →