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3-bed · 2,158 sqftThe Distinction, Downtown Dubai · 22nd floor · completed 2016

2203, The Distinction

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 26 October 2022
Last soldAED 4.8M26 October 2022
Current rentAED 160K /yr27 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2203, The Distinction

What is 2203 worth today?

Last sold for AED 4,800,000 in 2022

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26 Oct 2022SoldReady
AED 4,800,000AED 2,224 per sqft
27 May 2021RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
26 Mar 2019RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
8 Aug 2018SoldReady
AED 4,315,680AED 1,999 per sqft
13 Dec 2012Sold by developerOff-plan
AED 4,663,350AED 2,161 per sqft

Source: Dubai Land Department. Updated 26 October 2022.

Key facts

Type
3-bed hotel apartment
Size
2,158 sqft
Floor
22nd of 52
Parking
P4-52, P4-T3
Developer
DAMAC
Completed
2016
Last sold
AED 4.8M · October 2022
Building
The Distinction

About 2203, The Distinction

2203 is a three-bedroom hotel apartment of 2,158 sqft on the 22nd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 26 October 2022 for AED 4,800,000, or AED 2,224 per sqft, 44% above the AED 1,542 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 27 May 2021, is AED 160,000 a year: a gross yield of 3.3% on the 2022 price.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,126,100; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,264,125; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,000; 2022 AED 2,851,800; 2023 AED 2,730,000; 2024 AED 3,400,000; 2025 AED 3,211,822; 2026 AED 2,915,000Sold by developer, December 2012: AED 4,663,350 (AED 2,161 per sqft)Sold, August 2018: AED 4,315,680 (AED 1,999 per sqft)Sold, October 2022: AED 4,800,000 (AED 2,224 per sqft)

2203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2203, each contractTypical three-bed in The Distinction
100K150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 110,000; 2021 AED 130,000; 2022 AED 154,000; 2023 AED 175,000; 2024 AED 197,500; 2025 AED 210,000; 2026 AED 200,000New contract, March 2019: AED 170,000 a yearNew contract, May 2021: AED 160,000 a year

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

3-beds in The Distinction, and where 2203 sits

All 58 3-beds →

2203 last sold in October 2022 at AED 2,224 per sqft, 44% above what three-beds in The Distinction were fetching at the time (AED 1,542). Over the last 12 months three-beds sold for AED 2,470,000 to 3,517,480, around AED 1,895 per sqft, and rent for AED 138,462 to 240,000 a year. 2203's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20263,300,000
21 Sep 20262,530,000
2 Apr 20263,517,480
30 Mar 20262,470,000
5 3-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
22022-bedAED 2.47M · Jun 2023
22042-bedAED 2.3M · Nov 2024
22051-bedAED 1.29M · Dec 2021
2206StudioAED 780K · Nov 2021
22073-bedAED 2.39M · Mar 2023

2203, The Distinction in numbers

  • Sold 3 times: first on 13 December 2012 for AED 4,663,350, last on 26 October 2022 for AED 4,800,000 (AED 2,224 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, from AED 170,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 3.3%.
  • Three-beds in The Distinction sold for AED 2,470,000–3,517,480 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 26 October 2022.

Questions about 2203, The Distinction

What did unit 2203 last sell for?

AED 4,800,000 on 26 October 2022: AED 2,224 per sqft for 2,158 sqft. The unit has 3 registered sales; the first was AED 4,663,350 in December 2012.

What is the rent for unit 2203?

AED 160,000 a year on the contract signed on 27 May 2021. The previous contract, from March 2019, was AED 170,000.

How big is unit 2203?

2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 22nd floor of a 52-storey tower completed in 2016.

What is unit 2203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 2,470,000 to 3,517,480 in the last 12 months, around AED 1,895 per sqft.

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Mortgage on 2203, The Distinction

Starts from the last sale price (AED 4.8M, 26 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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