B702, Loreto 2B
Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B702, Loreto 2B
What is B702 worth today?
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Source: Dubai Land Department. Updated 20 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,001 sqft
- Floor
- 7th of 9
- Parking
- P2-26
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.21M · December 2023
- Building
- Loreto 2B
About B702, Loreto 2B
B702 is a two-bedroom apartment of 2,001 sqft on the 7th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 20 December 2023 for AED 2,208,920, or AED 1,103 per sqft, 7% above the AED 1,033 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for B702 over time
B702 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 B702 sits
All 16 2-beds →B702 last sold in December 2023 at AED 1,103 per sqft, 7% above what two-beds in Loreto 2B were fetching at the time (AED 1,033).
| 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 7th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701 | Studio | 428 sqft | AED 622KAED 622,250 · Dec 2014December 2014 | 46,500 /yr | |
| B701A | 1-bed | 1,394 sqft | AED 1.35MAED 1,353,000 · Oct 2019October 2019 | 110,000 /yr | |
| B702A | Studio | 333 sqft | AED 534KAED 533,900 · Apr 2016April 2016 | 39,000 /yr | |
| B703 | Studio | 455 sqft | AED 640KAED 640,000 · Nov 2017November 2017 | 36,300 /yr | |
| B704 | 2-bed | 1,617 sqft | AED 1.55MAED 1,550,000 · Apr 2024April 2024 | 160,000 /yr | |
| B705 | 1-bed | 850 sqft | AED 1.18MAED 1,181,800 · Jun 2015June 2015 | 72,000 /yr | |
| B706 | 1-bed | 885 sqft | AED 670KAED 670,000 · Oct 2022October 2022 | 66,000 /yr | |
| B707 | 1-bed | 843 sqft | AED 1.04MAED 1,044,878 · Dec 2024December 2024 | ||
| B708 | 2-bed | 1,556 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 80,000 /yr | |
| B709 | 1-bed | 777 sqft | AED 1.1MAED 1,098,200 · Jan 2015January 2015 | 73,000 /yr |
B702, Loreto 2B in numbers
- Sold once: by DAMAC on 20 December 2023 for AED 2,208,920, or AED 1,103 per sqft.
Source: Dubai Land Department. Updated 20 December 2023.
Questions about B702, Loreto 2B
What did unit B702 last sell for?
AED 2,208,920 on 20 December 2023, sold by the developer: AED 1,103 per sqft for 2,001 sqft. It is the only registered sale of the unit.
How big is unit B702?
2,001 sqft (185.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit B702 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 B702, Loreto 2B
Starts from the last sale price (AED 2.21M, 20 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,208,920
- Deposit, UAE resident (20%)
- AED 441,784
- Deposit, non-resident (40%)
- AED 883,568
- Monthly over 25 years at 3.7%
- AED 9,037
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →