2404, 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.
Property timeline for 2404, The Distinction
What is 2404 worth today?
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Source: Dubai Land Department. Updated 12 October 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,239 sqft
- Floor
- 24th of 52
- Parking
- P3-07
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.48M · January 2013
- Building
- The Distinction
About 2404, The Distinction
2404 is a two-bedroom hotel apartment of 1,239 sqft on the 24th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 16 January 2013 for AED 3,478,000, or AED 2,808 per sqft, 27% above the AED 2,213 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 12 October 2022, is AED 90,872 a year: a gross yield of 2.6% on the 2013 price.
Sales and rents for 2404 over time
2404 has sold once; the dashed line is the two-bed median of each year in the building.
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 2404 sits
All 129 2-beds →2404 last sold in January 2013 at AED 2,808 per sqft, 27% above what two-beds in The Distinction were fetching at the time (AED 2,213). 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. 2404's AED 90,872 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,430 sqft | 1,900,000 | 1,328 | ||
| 11 Sep 202611 September 2026 | 1,242 sqft | 1,700,000 | 1,368 | ||
| 22 Jul 202622 July 2026 | 1,424 sqft | 2,000,000 | 1,404 | ||
| 26 Jun 202626 June 2026 | 1,320 sqft | 1,400,000 | 1,060 |
The Distinction
Building305 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%
Other units on the 24th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 767 sqft | AED 1.75MAED 1,750,000 · Sep 2017September 2017 | ||
| 2402 | 2-bed | 1,320 sqft | AED 2MAED 2,000,000 · Sep 2017September 2017 | 125,000 /yr | |
| 2403 | 3-bed | 2,158 sqft | AED 4.3MAED 4,300,000 · Jul 2018July 2018 | 210,000 /yr | |
| 2405 | 1-bed | 892 sqft | AED 2.23MAED 2,225,300 · Mar 2013March 2013 | 95,000 /yr | |
| 2406 | Studio | 520 sqft | AED 817KAED 817,000 · Aug 2022August 2022 | 82,500 /yr | |
| 2407 | 3-bed | 1,770 sqft | AED 4.73MAED 4,730,000 · May 2018May 2018 |
2404, The Distinction in numbers
- Sold once: by DAMAC on 16 January 2013 for AED 3,478,000, or AED 2,808 per sqft.
- Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 76,000 in 2021 and recovered to AED 90,872 by October 2022.
- At AED 90,872 a year the gross yield on the 2013 price is 2.6%.
- 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 12 October 2022.
Questions about 2404, The Distinction
What did unit 2404 last sell for?
AED 3,478,000 on 16 January 2013, sold by the developer: AED 2,808 per sqft for 1,239 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 90,872 a year on the contract renewed on 12 October 2022. The previous contract, from October 2021, was AED 76,000; the unit has been rented since December 2018.
How big is unit 2404?
1,239 sqft (115.1 sqm): a two-bedroom hotel apartment on the 24th floor of a 52-storey tower completed in 2016.
What is unit 2404 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 2404, The Distinction
Starts from the last sale price (AED 3.48M, 16 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,478,000
- Deposit, UAE resident (20%)
- AED 695,600
- Deposit, non-resident (40%)
- AED 1,391,200
- Monthly over 25 years at 3.7%
- AED 14,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →