2-bed · 1,322 sqftThe Distinction, Downtown Dubai · 27th floor · completed 2016

2702, The Distinction

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 25 January 2017
Last soldAED 3.55M25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, The Distinction

What is 2702 worth today?

Last sold for AED 3,551,700 in 2017

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25 Jan 2017Sold by developerOff-plan
AED 3,551,700AED 2,686 per sqft

Source: Dubai Land Department. Updated 25 January 2017.

Key facts

Type
2-bed hotel apartment
Size
1,322 sqft
Floor
27th of 52
Parking
P3-20
Developer
DAMAC
Completed
2016
Last sold
AED 3.55M · January 2017

About 2702, The Distinction

2702 is a two-bedroom hotel apartment of 1,322 sqft on the 27th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 25 January 2017 for AED 3,551,700, or AED 2,686 per sqft, in line with the AED 2,701 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2702 over time

Sales
Unit 2702, 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 2017: AED 3,551,700 (AED 2,686 per sqft)

2702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, 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 141,800

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 2702 sits

All 129 2-beds →

2702 last sold in January 2017 at AED 2,686 per sqft, in line with what two-beds in The Distinction were fetching at the time (AED 2,701). 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.

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 27th floor

All 305 units in The Distinction
Value
27011-bedAED 2.03M · Feb 2013
27031-bedAED 1.4M · Jul 2019
27042-bedAED 2.8M · Dec 2024
27052-bedAED 3.34M · Feb 2013
27061-bedAED 2.26M · Apr 2014
27072-bedAED 3.8M · Sep 2018
2706A1-bedAED 2.25M · May 2014

2702, The Distinction in numbers

  • Sold once: by DAMAC on 25 January 2017 for AED 3,551,700, or AED 2,686 per sqft.
  • 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 25 January 2017.

Questions about 2702, The Distinction

What did unit 2702 last sell for?

AED 3,551,700 on 25 January 2017, sold by the developer: AED 2,686 per sqft for 1,322 sqft. It is the only registered sale of the unit.

How big is unit 2702?

1,322 sqft (122.8 sqm): a two-bedroom hotel apartment on the 27th floor of a 52-storey tower completed in 2016.

What is unit 2702 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 2702, The Distinction

Starts from the last sale price (AED 3.55M, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,551,700
Deposit, UAE resident (20%)
AED 710,340
Deposit, non-resident (40%)
AED 1,420,680
Monthly over 25 years at 3.7%
AED 14,531

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