Studio · 520 sqftThe Distinction, Downtown Dubai · 24th floor · completed 2016

2406, The Distinction

Sold prices and rental history: sold 3 times, last in August 2022, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 9 October 2025
Last soldAED 817K4 August 2022
Current rentAED 83K /yr9 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, The Distinction

What is 2406 worth today?

Last sold for AED 817,000 in 2022

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9 Oct 2025RentedNew contract
AED 82,500/yr12 months · AED 160 per sqft
4 Aug 2022SoldReady
AED 817,000AED 1,571 per sqft
24 Nov 2020SoldReady
AED 570,000AED 1,096 per sqft
12 Feb 2013Sold by developerOff-plan
AED 1,602,100AED 3,081 per sqft

Source: Dubai Land Department. Updated 9 October 2025.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
24th of 52
Parking
P3-09
Developer
DAMAC
Completed
2016
Last sold
AED 817K · August 2022

About 2406, The Distinction

2406 is a studio of 520 sqft on the 24th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 4 August 2022 for AED 817,000, or AED 1,571 per sqft.

One Ejari contract is registered, from 9 October 2025. The current contract, signed on 9 October 2025, is AED 82,500 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical studio in The Distinction
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,148,100; 2013 AED 1,396,850; 2017 AED 1,000,000; 2026 AED 1,123,131Sold by developer, February 2013: AED 1,602,100 (AED 3,081 per sqft)Sold, November 2020: AED 570,000 (AED 1,096 per sqft)Sold, August 2022: AED 817,000 (AED 1,571 per sqft)

2406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2406, each contractTypical studio in The Distinction
60K80K2018202120242027Typical rent by year: 2018 AED 73,000; 2019 AED 50,000; 2021 AED 54,000; 2022 AED 62,500; 2023 AED 78,500; 2024 AED 75,000; 2025 AED 82,000; 2026 AED 80,000New contract, October 2025: AED 82,500 a year

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

Studios in The Distinction, and where 2406 sits

All 19 studios →

Over the last 12 months studios sold for AED 1,065,000 to 1,260,000, around AED 2,160 per sqft, and rent for AED 67,000 to 117,600 a year. 2406's AED 82,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jul 20261,260,000
12 May 20261,065,000
6 Feb 20261,123,131
14 Jul 20251,000,000
3 studio 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 24th floor

All 305 units in The Distinction
Value
24011-bedAED 1.75M · Sep 2017
24022-bedAED 2M · Sep 2017
24033-bedAED 4.3M · Jul 2018
24042-bedAED 3.48M · Jan 2013
24051-bedAED 2.23M · Mar 2013
24073-bedAED 4.73M · May 2018

2406, The Distinction in numbers

  • Sold 3 times: first on 12 February 2013 for AED 1,602,100, last on 4 August 2022 for AED 817,000 (AED 1,571 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2022 price is 10.1%.
  • Studios in The Distinction sold for AED 1,065,000–1,260,000 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 9 October 2025.

Questions about 2406, The Distinction

What did unit 2406 last sell for?

AED 817,000 on 4 August 2022: AED 1,571 per sqft for 520 sqft. The unit has 3 registered sales; the first was AED 1,602,100 in February 2013.

What is the rent for unit 2406?

AED 82,500 a year on the contract signed on 9 October 2025.

How big is unit 2406?

520 sqft (48.3 sqm): a studio on the 24th floor of a 52-storey tower completed in 2016.

What is unit 2406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Distinction sold for AED 1,065,000 to 1,260,000 in the last 12 months, around AED 2,160 per sqft.

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Mortgage on 2406, The Distinction

Starts from the last sale price (AED 817K, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 817,000
Deposit, UAE resident (20%)
AED 163,400
Deposit, non-resident (40%)
AED 326,800
Monthly over 25 years at 3.7%
AED 3,343

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