2405, The Distinction
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, The Distinction
What is 2405 worth today?
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Source: Dubai Land Department. Updated 5 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 892 sqft
- Floor
- 24th of 52
- Parking
- P3-08
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.23M · March 2013
- Building
- The Distinction
About 2405, The Distinction
2405 is a one-bedroom hotel apartment of 892 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 5 March 2013 for AED 2,225,300, or AED 2,495 per sqft, 8% above the AED 2,313 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 5 September 2024, is AED 95,000 a year: a gross yield of 4.3% on the 2013 price.
Sales and rents for 2405 over time
2405 has sold once; the dashed line is the one-bed median of each year in the building.
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 2405 sits
All 95 1-beds →2405 last sold in March 2013 at AED 2,495 per sqft, 8% above what one-beds in The Distinction were fetching at the time (AED 2,313). 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. 2405's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 892 sqft | 1,325,000 | 1,485 | ||
| 28 Oct 202628 October 2026 | 892 sqft | 1,300,000 | 1,457 | ||
| 23 Sep 202623 September 2026 | 767 sqft | 1,317,611 | 1,718 | ||
| 27 Aug 202627 August 2026 | 772 sqft | 1,200,000 | 1,554 |
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 | |
| 2404 | 2-bed | 1,239 sqft | AED 3.48MAED 3,478,000 · Jan 2013January 2013 | 90,872 /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 |
2405, The Distinction in numbers
- Sold once: by DAMAC on 5 March 2013 for AED 2,225,300, or AED 2,495 per sqft.
- Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 95,000 by September 2024.
- At AED 95,000 a year the gross yield on the 2013 price is 4.3%.
- 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 5 September 2024.
Questions about 2405, The Distinction
What did unit 2405 last sell for?
AED 2,225,300 on 5 March 2013, sold by the developer: AED 2,495 per sqft for 892 sqft. It is the only registered sale of the unit.
What is the rent for unit 2405?
AED 95,000 a year on the contract signed on 5 September 2024. The previous contract, from June 2023, was AED 80,000; the unit has been rented since May 2019.
How big is unit 2405?
892 sqft (82.9 sqm): a one-bedroom hotel apartment on the 24th floor of a 52-storey tower completed in 2016.
What is unit 2405 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 2405, The Distinction
Starts from the last sale price (AED 2.23M, 5 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,225,300
- Deposit, UAE resident (20%)
- AED 445,060
- Deposit, non-resident (40%)
- AED 890,120
- Monthly over 25 years at 3.7%
- AED 9,104
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →