2-bed · 1,239 sqftThe Distinction, Downtown Dubai · 12th floor · completed 2016

1204, The Distinction

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 3.14M2 January 2013
Current rentAED 154K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, The Distinction

What is 1204 worth today?

Last sold for AED 3,140,200 in 2013

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3 Aug 2024RentedRenewal
AED 154,000/yr12 months · AED 124 per sqft
3 Aug 2023RentedRenewal
AED 154,000/yr12 months · AED 124 per sqft
3 Aug 2022RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
1 Jul 2021RentedNew contract
AED 100,000/yr12 months · AED 81 per sqft
10 Apr 2018RentedNew contract
AED 160,000/yr12 months · AED 129 per sqft
2 Jan 2013Sold by developerOff-plan
AED 3,140,200AED 2,535 per sqft

Source: Dubai Land Department. Updated 3 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,239 sqft
Floor
12th of 52
Parking
P1-48
Developer
DAMAC
Completed
2016
Last sold
AED 3.14M · January 2013

About 1204, The Distinction

1204 is a two-bedroom hotel apartment of 1,239 sqft on the 12th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 2 January 2013 for AED 3,140,200, or AED 2,535 per sqft, 17% above the AED 2,163 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 3 August 2024, is AED 154,000 a year: a gross yield of 4.9% on the 2013 price.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 2,691,775; 2013 AED 3,314,850; 2014 AED 3,662,400; 2015 AED 3,889,200; 2016 AED 3,362,850; 2017 AED 3,255,000; 2018 AED 2,544,525; 2019 AED 3,000,000; 2020 AED 1,800,000; 2021 AED 1,600,000; 2022 AED 1,960,400; 2023 AED 2,487,300; 2024 AED 2,349,000; 2025 AED 2,234,386; 2026 AED 2,000,000Sold by developer, January 2013: AED 3,140,200 (AED 2,535 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in The Distinction
100K150K2017202020232026Typical rent by year: 2017 AED 150,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 115,000; 2023 AED 140,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 141,800New contract, April 2018: AED 160,000 a yearNew contract, July 2021: AED 100,000 a yearNew contract, August 2022: AED 140,000 a yearRenewal, August 2023: AED 154,000 a yearRenewal, August 2024: AED 154,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Distinction, and where 1204 sits

All 129 2-beds →

1204 last sold in January 2013 at AED 2,535 per sqft, 17% above what two-beds in The Distinction were fetching at the time (AED 2,163). Over the last 12 months two-beds sold for AED 1,400,000 to 2,600,000, around AED 1,647 per sqft, and rent for AED 80,000 to 230,000 a year. 1204's AED 154,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,900,000
11 Sep 20261,700,000
22 Jul 20262,000,000
26 Jun 20261,400,000
11 2-bed sales in the last 12 months

The Distinction

Building

305 apartments, studios to 3-bed over 52 floors in Downtown Dubai, completed in 2016 by DAMAC. 26 sold in the last 12 months.

Typical price per sqft
AED 1,757 Up 3.6%
Typical sale
AED 1.95M
Typical rent
AED 120K /yr
Typical yield
6.5%
The Distinction, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 305 units in The Distinction
Value
12011-bedAED 1.87M · Jan 2013
12022-bedAED 4.58M · Apr 2014
12033-bedAED 6.13M · Feb 2013
12051-bedAED 2.47M · Nov 2014
1206StudioAED 1.42M · Feb 2013
12073-bedAED 3.88M · May 2017

1204, The Distinction in numbers

  • Sold once: by DAMAC on 2 January 2013 for AED 3,140,200, or AED 2,535 per sqft.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2021 and recovered to AED 154,000 by August 2024.
  • At AED 154,000 a year the gross yield on the 2013 price is 4.9%.
  • Two-beds in The Distinction sold for AED 1,400,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,757 per sqft.

Source: Dubai Land Department. Updated 3 August 2024.

Questions about 1204, The Distinction

What did unit 1204 last sell for?

AED 3,140,200 on 2 January 2013, sold by the developer: AED 2,535 per sqft for 1,239 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 154,000 a year on the contract renewed on 3 August 2024. The previous contract, from August 2023, was AED 154,000; the unit has been rented since April 2018.

How big is unit 1204?

1,239 sqft (115.1 sqm): a two-bedroom hotel apartment on the 12th floor of a 52-storey tower completed in 2016.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Distinction sold for AED 1,400,000 to 2,600,000 in the last 12 months, around AED 1,647 per sqft.

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Mortgage on 1204, The Distinction

Starts from the last sale price (AED 3.14M, 2 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,140,200
Deposit, UAE resident (20%)
AED 628,040
Deposit, non-resident (40%)
AED 1,256,080
Monthly over 25 years at 3.7%
AED 12,848

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