1-bed · 767 sqftThe Distinction, Downtown Dubai · 22nd floor · completed 2016

2201, The Distinction

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.11M14 February 2022
Current rentAED 79K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, The Distinction

What is 2201 worth today?

Last sold for AED 1,112,000 in 2022

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1 Sep 2022RentedNew contract
AED 79,000/yr12 months · AED 103 per sqft
14 Feb 2022SoldReady
AED 1,112,000AED 1,450 per sqft
8 Aug 2018SoldReady
AED 1,533,220AED 1,999 per sqft
13 Dec 2012Sold by developerOff-plan
AED 1,773,750AED 2,313 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
22nd of 52
Parking
P2-50
Developer
DAMAC
Completed
2016
Last sold
AED 1.11M · February 2022

About 2201, The Distinction

2201 is a one-bedroom hotel apartment of 767 sqft on the 22nd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 14 February 2022 for AED 1,112,000, or AED 1,450 per sqft, 8% above the AED 1,342 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 79,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,326,680; 2015 AED 2,376,000; 2016 AED 1,683,850; 2017 AED 1,750,000; 2018 AED 1,416,610; 2019 AED 1,400,000; 2020 AED 1,075,000; 2022 AED 1,205,000; 2023 AED 1,460,000; 2024 AED 1,400,000; 2025 AED 1,460,727; 2026 AED 1,321,306Sold by developer, December 2012: AED 1,773,750 (AED 2,313 per sqft)Sold, August 2018: AED 1,533,220 (AED 1,999 per sqft)Sold, February 2022: AED 1,112,000 (AED 1,450 per sqft)

2201 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2201, each contractTypical one-bed in The Distinction
80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 66,500; 2021 AED 68,000; 2022 AED 77,100; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 100,000New contract, September 2022: AED 79,000 a year

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

1-beds in The Distinction, and where 2201 sits

All 95 1-beds →

2201 last sold in February 2022 at AED 1,450 per sqft, 8% above what one-beds in The Distinction were fetching at the time (AED 1,342). Over the last 12 months one-beds sold for AED 1,200,000 to 1,800,960, around AED 1,718 per sqft, and rent for AED 36,000 to 125,000 a year. 2201's AED 79,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,325,000
28 Oct 20261,300,000
23 Sep 20261,317,611
27 Aug 20261,200,000
7 1-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 22nd floor

All 305 units in The Distinction
Value
22022-bedAED 2.47M · Jun 2023
22033-bedAED 4.8M · Oct 2022
22042-bedAED 2.3M · Nov 2024
22051-bedAED 1.29M · Dec 2021
2206StudioAED 780K · Nov 2021
22073-bedAED 2.39M · Mar 2023

2201, The Distinction in numbers

  • Sold 3 times: first on 13 December 2012 for AED 1,773,750, last on 14 February 2022 for AED 1,112,000 (AED 1,450 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2022 price is 7.1%.
  • One-beds in The Distinction sold for AED 1,200,000–1,800,960 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 1 September 2022.

Questions about 2201, The Distinction

What did unit 2201 last sell for?

AED 1,112,000 on 14 February 2022: AED 1,450 per sqft for 767 sqft. The unit has 3 registered sales; the first was AED 1,773,750 in December 2012.

What is the rent for unit 2201?

AED 79,000 a year on the contract signed on 1 September 2022.

How big is unit 2201?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 22nd floor of a 52-storey tower completed in 2016.

What is unit 2201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Distinction sold for AED 1,200,000 to 1,800,960 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 2201, The Distinction

Starts from the last sale price (AED 1.11M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,112,000
Deposit, UAE resident (20%)
AED 222,400
Deposit, non-resident (40%)
AED 444,800
Monthly over 25 years at 3.7%
AED 4,550

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