B901, Loreto 2B
Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B901, Loreto 2B
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Source: Dubai Land Department. Updated 10 May 2023.
Key facts
- Type
- Apartment
- Size
- 2,420 sqft
- Floor
- 9th of 9
- Parking
- T4-P2-27
- Developer
- DAMAC
- Completed
- 2017
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.97M · May 2023
- Building
- Loreto 2B
About B901, Loreto 2B
B901 is an apartment of 2,420 sqft on the 9th floor of Loreto 2B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. The developer sold it on 10 May 2023 for AED 1,965,000, or AED 811 per sqft.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 6 December 2020, is AED 90,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 25,700 a year.
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 9th floor
All 83 units in Loreto 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B902 | 2,835 sqft | AED 1.15MAED 1,149,000 · Jul 2022July 2022 | |||
| B903 | 1-bed | 975 sqft | AED 730KAED 730,000 · Sep 2020September 2020 | 73,000 /yr | |
| B904 | 1-bed | 851 sqft | AED 1.09MAED 1,089,650 · Aug 2014August 2014 | 82,000 /yr | |
| B905 | 1-bed | 883 sqft | AED 1.18MAED 1,177,050 · Sep 2014September 2014 | 72,000 /yr | |
| B906 | 1-bed | 424 sqft | AED 1.13MAED 1,130,000 · Dec 2025December 2025 | 62,500 /yr | |
| B907 | 1-bed | 916 sqft | AED 1.12MAED 1,118,000 · Nov 2017November 2017 | 57,200 /yr | |
| B907B | 1-bed | 933 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 50,000 /yr |
B901, Loreto 2B in numbers
- Sold once: by DAMAC on 10 May 2023 for AED 1,965,000, or AED 811 per sqft.
- Rented since February 2019 on 2 Ejari contracts, from AED 100,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 25,700 a year (AED 10.63 per sqft).
Source: Dubai Land Department. Updated 10 May 2023.
Questions about B901, Loreto 2B
What did unit B901 last sell for?
AED 1,965,000 on 10 May 2023, sold by the developer: AED 811 per sqft for 2,420 sqft. It is the only registered sale of the unit.
What is the rent for unit B901?
AED 90,000 a year on the contract signed on 6 December 2020. The previous contract, from February 2019, was AED 100,000.
How big is unit B901?
2,420 sqft (224.8 sqm): an apartment on the 9th floor of a 9-storey tower completed in 2017.
What is unit B901 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 B901, Loreto 2B
Starts from the last sale price (AED 1.97M, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,965,000
- Deposit, UAE resident (20%)
- AED 393,000
- Deposit, non-resident (40%)
- AED 786,000
- Monthly over 25 years at 3.7%
- AED 8,039
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →