2704, The Distinction
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, The Distinction
What is 2704 worth today?
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Source: Dubai Land Department. Updated 26 December 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,242 sqft
- Floor
- 27th of 52
- Parking
- P3-22
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.8M · December 2024
- Building
- The Distinction
About 2704, The Distinction
2704 is a two-bedroom hotel apartment of 1,242 sqft on the 27th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 26 December 2024 for AED 2,800,000, or AED 2,254 per sqft, 26% above the AED 1,783 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 June 2020, is AED 110,000 a year: a gross yield of 3.9% on the 2024 price.
Sales and rents for 2704 over time
2704 has sold 3 times; 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 2704 sits
All 129 2-beds →2704 last sold in December 2024 at AED 2,254 per sqft, 26% above what two-beds in The Distinction were fetching at the time (AED 1,783). 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. 2704's AED 110,000 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 27th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 770 sqft | AED 2.03MAED 2,032,800 · Feb 2013February 2013 | ||
| 2702 | 2-bed | 1,322 sqft | AED 3.55MAED 3,551,700 · Jan 2017January 2017 | ||
| 2703 | 1-bed | 918 sqft | AED 1.4MAED 1,400,000 · Jul 2019July 2019 | ||
| 2705 | 2-bed | 1,240 sqft | AED 3.34MAED 3,335,500 · Feb 2013February 2013 | 160,000 /yr | |
| 2706 | 1-bed | 894 sqft | AED 2.26MAED 2,262,500 · Apr 2014April 2014 | 100,000 /yr | |
| 2707 | 2-bed | 1,424 sqft | AED 3.8MAED 3,795,750 · Sep 2018September 2018 | 100,000 /yr | |
| 2706A | 1-bed | 854 sqft | AED 2.25MAED 2,247,500 · May 2014May 2014 | 80,000 /yr |
2704, The Distinction in numbers
- Sold 3 times: first on 12 February 2013 for AED 3,533,930, last on 26 December 2024 for AED 2,800,000 (AED 2,254 per sqft).
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 199,464 to AED 80,000 in 2019 and recovered to AED 110,000 by June 2020.
- At AED 110,000 a year the gross yield on the 2024 price is 3.9%.
- 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 26 December 2024.
Questions about 2704, The Distinction
What did unit 2704 last sell for?
AED 2,800,000 on 26 December 2024: AED 2,254 per sqft for 1,242 sqft. The unit has 3 registered sales; the first was AED 3,533,930 in February 2013.
What is the rent for unit 2704?
AED 110,000 a year on the contract signed on 15 June 2020. The previous contract, from January 2020, was AED 200,000; the unit has been rented since May 2017.
How big is unit 2704?
1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 27th floor of a 52-storey tower completed in 2016.
What is unit 2704 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 2704, The Distinction
Starts from the last sale price (AED 2.8M, 26 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →