2-bed · 1,320 sqftThe Distinction, Downtown Dubai · 22nd floor · completed 2016

2202, The Distinction

Sold prices and rental history: sold 4 times, last in June 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 2.47M22 June 2023
Current rentAED 180K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2202, The Distinction

What is 2202 worth today?

Last sold for AED 2,474,600 in 2023

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20 Nov 2024RentedRenewal
AED 180,000/yr12 months · AED 136 per sqft
20 Nov 2023RentedNew contract
AED 147,000/yr12 months · AED 111 per sqft
22 Jun 2023SoldReady
AED 2,474,600AED 1,874 per sqft
21 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
28 Feb 2022SoldReady
AED 1,849,000AED 1,400 per sqft
8 Aug 2018SoldReady
AED 2,640,000AED 1,999 per sqft
13 Dec 2012Sold by developerOff-plan
AED 2,982,050AED 2,258 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,320 sqft
Floor
22nd of 52
Parking
P2-51
Developer
DAMAC
Completed
2016
Last sold
AED 2.47M · June 2023

About 2202, The Distinction

2202 is a two-bedroom hotel apartment of 1,320 sqft on the 22nd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 22 June 2023 for AED 2,474,600, or AED 1,874 per sqft, 6% above the AED 1,768 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 180,000 a year: a gross yield of 7.3% on the 2023 price.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, December 2012: AED 2,982,050 (AED 2,258 per sqft)Sold, August 2018: AED 2,640,000 (AED 1,999 per sqft)Sold, February 2022: AED 1,849,000 (AED 1,400 per sqft)Sold, June 2023: AED 2,474,600 (AED 1,874 per sqft)

2202 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2202, 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, November 2022: AED 140,000 a yearNew contract, November 2023: AED 147,000 a yearRenewal, November 2024: AED 180,000 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 2202 sits

All 129 2-beds →

2202 last sold in June 2023 at AED 1,874 per sqft, 6% above what two-beds in The Distinction were fetching at the time (AED 1,768). 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. 2202's AED 180,000 is in the upper 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 22nd floor

All 305 units in The Distinction
Value
22011-bedAED 1.11M · Feb 2022
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

2202, The Distinction in numbers

  • Sold 4 times: first on 13 December 2012 for AED 2,982,050, last on 22 June 2023 for AED 2,474,600 (AED 1,874 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 140,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 7.3%.
  • 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 20 November 2024.

Questions about 2202, The Distinction

What did unit 2202 last sell for?

AED 2,474,600 on 22 June 2023: AED 1,874 per sqft for 1,320 sqft. The unit has 4 registered sales; the first was AED 2,982,050 in December 2012.

What is the rent for unit 2202?

AED 180,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 147,000; the unit has been rented since November 2022.

How big is unit 2202?

1,320 sqft (122.6 sqm): a two-bedroom hotel apartment on the 22nd floor of a 52-storey tower completed in 2016.

What is unit 2202 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 2202, The Distinction

Starts from the last sale price (AED 2.47M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,474,600
Deposit, UAE resident (20%)
AED 494,920
Deposit, non-resident (40%)
AED 989,840
Monthly over 25 years at 3.7%
AED 10,124

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