2-bed · 1,322 sqftThe Distinction, Downtown Dubai · 29th floor · completed 2016

2902, The Distinction

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 5 May 2026
Last soldAED 3.4M15 April 2013
Current rentAED 138K /yr5 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, The Distinction

What is 2902 worth today?

Last sold for AED 3,403,050 in 2013

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5 May 2026RentedRenewal
AED 137,500/yr12 months · AED 104 per sqft
5 May 2025RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft
5 May 2025RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft
23 Jan 2024RentedRenewal
AED 121,670/yr12 months · AED 92 per sqft
23 Jan 2023RentedRenewal
AED 105,800/yr12 months · AED 80 per sqft
23 Jan 2022RentedRenewal
AED 92,000/yr12 months · AED 70 per sqft
23 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
15 Nov 2019RentedNew contract
AED 99,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 5 May 2026.

Key facts

Type
2-bed hotel apartment
Size
1,322 sqft
Floor
29th of 52
Parking
P3-35
Developer
DAMAC
Completed
2016
Last sold
AED 3.4M · April 2013

About 2902, The Distinction

2902 is a two-bedroom hotel apartment of 1,322 sqft on the 29th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 15 April 2013 for AED 3,403,050, or AED 2,573 per sqft, 11% above the AED 2,321 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 137,500 a year: a gross yield of 4.0% on the 2013 price.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, April 2013: AED 3,403,050 (AED 2,573 per sqft)

2902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in The Distinction
100K150K2017202020232026Typical 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, July 2017: AED 135,000 a yearNew contract, November 2019: AED 99,000 a yearNew contract, January 2021: AED 80,000 a yearRenewal, January 2022: AED 92,000 a yearRenewal, January 2023: AED 105,800 a yearRenewal, January 2024: AED 121,670 a yearNew contract, May 2025: AED 125,000 a yearNew contract, May 2025: AED 125,000 a yearRenewal, May 2026: AED 137,500 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 2902 sits

All 129 2-beds →

2902 last sold in April 2013 at AED 2,573 per sqft, 11% above what two-beds in The Distinction were fetching at the time (AED 2,321). 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. 2902's AED 137,500 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 29th floor

All 305 units in The Distinction
Value
29011-bedAED 2.06M · Apr 2013
29031-bedAED 2.3M · Apr 2013
29042-bedAED 3.11M · Apr 2013
29052-bedAED 3.6M · May 2013
29061-bedAED 2.3M · Dec 2013
29072-bedAED 2M · Jul 2026
2906A1-bedAED 1.46M · May 2024

2902, The Distinction in numbers

  • Sold once: by DAMAC on 15 April 2013 for AED 3,403,050, or AED 2,573 per sqft.
  • Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 137,500 by May 2026.
  • At AED 137,500 a year the gross yield on the 2013 price is 4.0%.
  • 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 5 May 2026.

Questions about 2902, The Distinction

What did unit 2902 last sell for?

AED 3,403,050 on 15 April 2013, sold by the developer: AED 2,573 per sqft for 1,322 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 137,500 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 125,000; the unit has been rented since July 2017.

How big is unit 2902?

1,322 sqft (122.8 sqm): a two-bedroom hotel apartment on the 29th floor of a 52-storey tower completed in 2016.

What is unit 2902 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 2902, The Distinction

Starts from the last sale price (AED 3.4M, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,403,050
Deposit, UAE resident (20%)
AED 680,610
Deposit, non-resident (40%)
AED 1,361,220
Monthly over 25 years at 3.7%
AED 13,923

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