3-bed · 897 sqftThe Distinction, Downtown Dubai · 30th floor · completed 2016

3006, The Distinction

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3006 · DLD and Ejari recordsUpdated 30 June 2015
Last soldAED 4.49M30 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3006, The Distinction

What is 3006 worth today?

Last sold for AED 4,485,950 in 2015

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30 Jun 2015Sold by developerOff-plan
AED 4,485,950AED 5,003 per sqft

Source: Dubai Land Department. Updated 30 June 2015.

Key facts

Type
3-bed hotel apartment
Size
897 sqft
Floor
30th of 52
Parking
P3-47
Developer
DAMAC
Completed
2016
Last sold
AED 4.49M · June 2015

About 3006, The Distinction

3006 is a three-bedroom hotel apartment of 897 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 30 June 2015 for AED 4,485,950, or AED 5,003 per sqft, 68% above the AED 2,985 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3006 over time

Sales
Unit 3006, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,126,100; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,264,125; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,000; 2022 AED 2,851,800; 2023 AED 2,730,000; 2024 AED 3,400,000; 2025 AED 3,211,822; 2026 AED 2,915,000Sold by developer, June 2015: AED 4,485,950 (AED 5,003 per sqft)

3006 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3006, each contractTypical three-bed in The Distinction
100K150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 110,000; 2021 AED 130,000; 2022 AED 154,000; 2023 AED 175,000; 2024 AED 197,500; 2025 AED 210,000; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Distinction, and where 3006 sits

All 58 3-beds →

3006 last sold in June 2015 at AED 5,003 per sqft, 68% above what three-beds in The Distinction were fetching at the time (AED 2,985). Over the last 12 months three-beds sold for AED 2,470,000 to 3,517,480, around AED 1,895 per sqft, and rent for AED 138,462 to 240,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20263,300,000
21 Sep 20262,530,000
2 Apr 20263,517,480
30 Mar 20262,470,000
5 3-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 30th floor

All 305 units in The Distinction
Value
30011-bedAED 1.07M · Feb 2022
30022-bedAED 1.7M · Dec 2021
30031-bedAED 950K · Feb 2022
30042-bedAED 1.6M · Dec 2021
30052-bedAED 3.72M · Jun 2017
30072-bedAED 3.28M · Dec 2016

3006, The Distinction in numbers

  • Sold once: by DAMAC on 30 June 2015 for AED 4,485,950, or AED 5,003 per sqft.
  • Three-beds in The Distinction sold for AED 2,470,000–3,517,480 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 30 June 2015.

Questions about 3006, The Distinction

What did unit 3006 last sell for?

AED 4,485,950 on 30 June 2015, sold by the developer: AED 5,003 per sqft for 897 sqft. It is the only registered sale of the unit.

How big is unit 3006?

897 sqft (83.3 sqm): a three-bedroom hotel apartment on the 30th floor of a 52-storey tower completed in 2016.

What is unit 3006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 2,470,000 to 3,517,480 in the last 12 months, around AED 1,895 per sqft.

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Mortgage on 3006, The Distinction

Starts from the last sale price (AED 4.49M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,485,950
Deposit, UAE resident (20%)
AED 897,190
Deposit, non-resident (40%)
AED 1,794,380
Monthly over 25 years at 3.7%
AED 18,353

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