Studio · 500 sqftLoreto 2B, Damac Hills · 6th floor · completed 2017

B605, Loreto 2B

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B605 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 485K29 August 2023
Current rentAED 55K /yr11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B605, Loreto 2B

What is B605 worth today?

Last sold for AED 485,000 in 2023

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11 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
15 Dec 2024RentedNew contract
AED 68,000/yr6 months · AED 137 per sqft
14 Dec 2023RentedNew contract
AED 61,000/yr12 months · AED 123 per sqft
29 Aug 2023SoldReady
AED 485,000AED 969 per sqft
1 Jul 2022RentedRenewal
AED 35,000/yr12 months · AED 71 per sqft
1 Jul 2021RentedRenewal
AED 35,000/yr12 months · AED 71 per sqft
1 Jul 2020RentedRenewal
AED 35,000/yr12 months · AED 71 per sqft
1 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 11 July 2025.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
6th of 9
Parking
LP1-22
Developer
DAMAC
Completed
2017
Service charge
AED 5,300 /yr
Last sold
AED 485K · August 2023
Building
Loreto 2B

About B605, Loreto 2B

B605 is a studio of 500 sqft on the 6th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 29 August 2023 for AED 485,000, or AED 969 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 11 July 2025, is AED 55,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for B605 over time

Sales
Unit B605, each saleTypical studio in Loreto 2B
600K2014201720202023Typical sale price by year: 2014 AED 684,000; 2017 AED 679,500; 2024 AED 585,000Sold by developer, August 2014: AED 725,800 (AED 1,450 per sqft)Sold, August 2023: AED 485,000 (AED 969 per sqft)

B605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B605, each contractTypical studio in Loreto 2B
20K40K60K201820212024Typical 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, June 2018: AED 45,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, July 2020: AED 35,000 a yearRenewal, July 2021: AED 35,000 a yearRenewal, July 2022: AED 35,000 a yearNew contract, December 2023: AED 61,000 a yearNew contract, December 2024: AED 68,000 a yearNew contract, July 2025: AED 55,000 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 B605 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. B605's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Feb 2026550,000
19 Sep 2024465,000
8 Aug 2024630,000
13 May 2024585,000
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 6th floor

All 83 units in Loreto 2B
Value
B6011-bedAED 1.05M · Jul 2023
B6022-bedAED 2.49M · Nov 2014
B602BStudioAED 560K · Aug 2014
B6031-bedAED 635K · Aug 2019
B604StudioAED 728K · Aug 2014
B606AED 600K · Nov 2025
B6071-bedAED 1.07M · Oct 2014
1–7 of 12

B605, Loreto 2B in numbers

  • Sold twice: first on 24 August 2014 for AED 725,800, last on 29 August 2023 for AED 485,000 (AED 969 per sqft).
  • Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2022 and recovered to AED 55,000 by July 2025.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.3%, 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 11 July 2025.

Questions about B605, Loreto 2B

What did unit B605 last sell for?

AED 485,000 on 29 August 2023: AED 969 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 725,800 in August 2014.

What is the rent for unit B605?

AED 55,000 a year on the contract signed on 11 July 2025. The previous contract, from December 2024, was AED 68,000; the unit has been rented since June 2018.

How big is unit B605?

500 sqft (46.5 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit B605 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 B605, Loreto 2B

Starts from the last sale price (AED 485K, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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