2-bed · 1,240 sqftThe Distinction, Downtown Dubai · 31st floor · completed 2016

3105, The Distinction

Sold prices and rental history: sold once, by the developer in March 2013, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3105 · DLD and Ejari recordsUpdated 28 November 2020
Last soldAED 3.44M17 March 2013
Current rentAED 85K /yr28 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3105, The Distinction

What is 3105 worth today?

Last sold for AED 3,438,990 in 2013

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28 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
17 Mar 2013Sold by developerOff-plan
AED 3,438,990AED 2,772 per sqft

Source: Dubai Land Department. Updated 28 November 2020.

Key facts

Type
2-bed hotel apartment
Size
1,240 sqft
Floor
31st of 52
Parking
P3-58
Developer
DAMAC
Completed
2016
Last sold
AED 3.44M · March 2013

About 3105, The Distinction

3105 is a two-bedroom hotel apartment of 1,240 sqft on the 31st floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 17 March 2013 for AED 3,438,990, or AED 2,772 per sqft, 20% above the AED 2,313 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 November 2020. The current contract, signed on 28 November 2020, is AED 85,000 a year: a gross yield of 2.5% on the 2013 price.

Sales and rents for 3105 over time

Sales
Unit 3105, 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, March 2013: AED 3,438,990 (AED 2,772 per sqft)

3105 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3105, 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, November 2020: AED 85,000 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 3105 sits

All 129 2-beds →

3105 last sold in March 2013 at AED 2,772 per sqft, 20% above what two-beds in The Distinction were fetching at the time (AED 2,313). 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. 3105's AED 85,000 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 31st floor

All 305 units in The Distinction
Value
31011-bedAED 2.07M · Jun 2013
31022-bedAED 3.78M · Mar 2014
31031-bedAED 2.77M · Apr 2014
31042-bedAED 3.86M · Apr 2014
31063-bedAED 4.54M · Jan 2016
31072-bedAED 2.54M · Mar 2018

3105, The Distinction in numbers

  • Sold once: by DAMAC on 17 March 2013 for AED 3,438,990, or AED 2,772 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 2.5%.
  • 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 28 November 2020.

Questions about 3105, The Distinction

What did unit 3105 last sell for?

AED 3,438,990 on 17 March 2013, sold by the developer: AED 2,772 per sqft for 1,240 sqft. It is the only registered sale of the unit.

What is the rent for unit 3105?

AED 85,000 a year on the contract signed on 28 November 2020.

How big is unit 3105?

1,240 sqft (115.2 sqm): a two-bedroom hotel apartment on the 31st floor of a 52-storey tower completed in 2016.

What is unit 3105 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 3105, The Distinction

Starts from the last sale price (AED 3.44M, 17 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,438,990
Deposit, UAE resident (20%)
AED 687,798
Deposit, non-resident (40%)
AED 1,375,596
Monthly over 25 years at 3.7%
AED 14,070

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