2-bed · 1,426 sqftThe Distinction, Downtown Dubai · 31st floor · completed 2016

3107, The Distinction

Sold prices and rental history: sold twice, last in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3107 · DLD and Ejari recordsUpdated 7 March 2018
Last soldAED 2.54M7 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3107, The Distinction

What is 3107 worth today?

Last sold for AED 2,544,525 in 2018

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7 Mar 2018SoldReady
AED 2,544,525AED 1,784 per sqft
19 Nov 2017Sold by developerReady
AED 3,535,000AED 2,478 per sqft

Source: Dubai Land Department. Updated 7 March 2018.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
31st of 52
Parking
P3-60
Developer
DAMAC
Completed
2016
Last sold
AED 2.54M · March 2018

About 3107, The Distinction

3107 is a two-bedroom apartment of 1,426 sqft on the 31st floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 7 March 2018 for AED 2,544,525, or AED 1,784 per sqft, 23% below the AED 2,319 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3107 over time

Sales
Unit 3107, 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, November 2017: AED 3,535,000 (AED 2,478 per sqft)Sold, March 2018: AED 2,544,525 (AED 1,784 per sqft)

3107 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3107, each contractTypical two-bed in The Distinction
100K125K150K2017202020232026Typical 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 141,800

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 3107 sits

All 129 2-beds →

3107 last sold in March 2018 at AED 1,784 per sqft, 23% below what two-beds in The Distinction were fetching at the time (AED 2,319). 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.

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
31052-bedAED 3.44M · Mar 2013
31063-bedAED 4.54M · Jan 2016

3107, The Distinction in numbers

  • Sold twice: first on 19 November 2017 for AED 3,535,000, last on 7 March 2018 for AED 2,544,525 (AED 1,784 per sqft).
  • 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 7 March 2018.

Questions about 3107, The Distinction

What did unit 3107 last sell for?

AED 2,544,525 on 7 March 2018: AED 1,784 per sqft for 1,426 sqft. The unit has 2 registered sales; the first was AED 3,535,000 in November 2017.

How big is unit 3107?

1,426 sqft (132.5 sqm): a two-bedroom apartment on the 31st floor of a 52-storey tower completed in 2016.

What is unit 3107 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 3107, The Distinction

Starts from the last sale price (AED 2.54M, 7 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,544,525
Deposit, UAE resident (20%)
AED 508,905
Deposit, non-resident (40%)
AED 1,017,810
Monthly over 25 years at 3.7%
AED 10,410

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