2-bed · 1,242 sqftThe Distinction, Downtown Dubai · 26th floor · completed 2016

2604, The Distinction

Sold prices and rental history: sold 5 times, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 2.2M23 April 2024
Current rentAED 140K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, The Distinction

What is 2604 worth today?

Last sold for AED 2,200,000 in 2024

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23 Apr 2024SoldReady
AED 2,200,000AED 1,771 per sqft
1 Nov 2023RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
17 Oct 2022SoldReady
AED 1,750,000AED 1,409 per sqft
1 May 2022RentedNew contract
AED 133,000/yr12 months · AED 107 per sqft
7 Nov 2021SoldReady
AED 1,550,000AED 1,248 per sqft
25 Feb 2020SoldReady
AED 1,863,000AED 1,500 per sqft
3 Jan 2013Sold by developerOff-plan
AED 3,314,500AED 2,668 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
2-bed hotel apartment
Size
1,242 sqft
Floor
26th of 52
Parking
P3-15
Developer
DAMAC
Completed
2016
Last sold
AED 2.2M · April 2024

About 2604, The Distinction

2604 is a two-bedroom hotel apartment of 1,242 sqft on the 26th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 23 April 2024 for AED 2,200,000, or AED 1,771 per sqft, 3% below the AED 1,830 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 November 2023, is AED 140,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 2604 over time

Sales
Unit 2604, 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, January 2013: AED 3,314,500 (AED 2,668 per sqft)Sold, February 2020: AED 1,863,000 (AED 1,500 per sqft)Sold, November 2021: AED 1,550,000 (AED 1,248 per sqft)Sold, October 2022: AED 1,750,000 (AED 1,409 per sqft)Sold, April 2024: AED 2,200,000 (AED 1,771 per sqft)

2604 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2604, each contractTypical two-bed in The Distinction
100K125K150K2017202020232026Typical 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, May 2022: AED 133,000 a yearNew contract, November 2023: AED 140,000 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 2604 sits

All 129 2-beds →

2604 last sold in April 2024 at AED 1,771 per sqft, 3% below what two-beds in The Distinction were fetching at the time (AED 1,830). 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. 2604's AED 140,000 is in the lower 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 26th floor

All 305 units in The Distinction
Value
26011-bedAED 1.2M · Jul 2019
26022-bedAED 2.23M · Jul 2025
26031-bedAED 2.34M · Apr 2014
26051-bedAED 1.48M · Oct 2024
2606StudioAED 1.26M · Jul 2026
26073-bedAED 4.56M · Feb 2016
2603A2-bedAED 1.7M · Jan 2020

2604, The Distinction in numbers

  • Sold 5 times: first on 3 January 2013 for AED 3,314,500, last on 23 April 2024 for AED 2,200,000 (AED 1,771 per sqft).
  • Rented since May 2022 on 2 Ejari contracts, from AED 133,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 23 April 2024.

Questions about 2604, The Distinction

What did unit 2604 last sell for?

AED 2,200,000 on 23 April 2024: AED 1,771 per sqft for 1,242 sqft. The unit has 5 registered sales; the first was AED 3,314,500 in January 2013.

What is the rent for unit 2604?

AED 140,000 a year on the contract signed on 1 November 2023. The previous contract, from May 2022, was AED 133,000.

How big is unit 2604?

1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 26th floor of a 52-storey tower completed in 2016.

What is unit 2604 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 2604, The Distinction

Starts from the last sale price (AED 2.2M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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