3005, The Distinction
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, The Distinction
What is 3005 worth today?
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Source: Dubai Land Department. Updated 12 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,240 sqft
- Floor
- 30th of 52
- Parking
- P3-46
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.72M · June 2017
- Building
- The Distinction
About 3005, The Distinction
3005 is a two-bedroom apartment of 1,240 sqft on the 30th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 13 June 2017 for AED 3,721,000, or AED 2,999 per sqft, 5% above the AED 2,843 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 12 December 2022, is AED 125,000 a year: a gross yield of 3.4% on the 2017 price.
Sales and rents for 3005 over time
3005 has sold once; 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 3005 sits
All 129 2-beds →3005 last sold in June 2017 at AED 2,999 per sqft, 5% above what two-beds in The Distinction were fetching at the time (AED 2,843). 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. 3005's AED 125,000 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 30th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1-bed | 770 sqft | AED 1.07MAED 1,073,500 · Feb 2022February 2022 | 100,279 /yr | |
| 3002 | 2-bed | 1,322 sqft | AED 1.7MAED 1,700,000 · Dec 2021December 2021 | 157,500 /yr | |
| 3003 | 1-bed | 918 sqft | AED 950KAED 950,000 · Feb 2022February 2022 | 95,000 /yr | |
| 3004 | 2-bed | 1,242 sqft | AED 1.6MAED 1,600,000 · Dec 2021December 2021 | 160,000 /yr | |
| 3006 | 3-bed | 897 sqft | AED 4.49MAED 4,485,950 · Jun 2015June 2015 | ||
| 3007 | 2-bed | 1,424 sqft | AED 3.28MAED 3,277,500 · Dec 2016December 2016 |
3005, The Distinction in numbers
- Sold once: by DAMAC on 13 June 2017 for AED 3,721,000, or AED 2,999 per sqft.
- Rented since December 2019 on 4 Ejari contracts, from AED 120,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2017 price is 3.4%.
- 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 12 December 2022.
Questions about 3005, The Distinction
What did unit 3005 last sell for?
AED 3,721,000 on 13 June 2017, sold by the developer: AED 2,999 per sqft for 1,240 sqft. It is the only registered sale of the unit.
What is the rent for unit 3005?
AED 125,000 a year on the contract renewed on 12 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since December 2019.
How big is unit 3005?
1,240 sqft (115.2 sqm): a two-bedroom apartment on the 30th floor of a 52-storey tower completed in 2016.
What is unit 3005 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 3005, The Distinction
Starts from the last sale price (AED 3.72M, 13 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,721,000
- Deposit, UAE resident (20%)
- AED 744,200
- Deposit, non-resident (40%)
- AED 1,488,400
- Monthly over 25 years at 3.7%
- AED 15,224
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →