Home
Dubai prices
About
Research
2-bed · 1,242 sqftThe Distinction, Downtown Dubai · 32nd floor · completed 2016

3204, The Distinction

Sold prices and rental history: sold twice, last in April 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 2.3M19 April 2024
Current rentAED 125K /yr21 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 3204

Property timeline for 3204, The Distinction

What is 3204 worth today?

Last sold for AED 2,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Apr 2024SoldReady
AED 2,300,000AED 1,851 per sqft
21 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 101 per sqft
15 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
29 May 2014Sold by developerOff-plan
AED 4,492,550AED 3,617 per sqft

Source: Dubai Land Department. Updated 19 April 2024.

Key facts

Type
2-bed hotel apartment
Size
1,242 sqft
Floor
32nd of 52
Parking
P4-01
Developer
DAMAC
Completed
2016
Last sold
AED 2.3M · April 2024
Building
The Distinction

About 3204, The Distinction

3204 is a two-bedroom hotel apartment of 1,242 sqft on the 32nd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 19 April 2024 for AED 2,300,000, or AED 1,851 per sqft, in line with the AED 1,851 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 21 December 2021, is AED 125,000 a year: a gross yield of 5.4% on the 2024 price.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, May 2014: AED 4,492,550 (AED 3,617 per sqft)Sold, April 2024: AED 2,300,000 (AED 1,851 per sqft)

3204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, 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 yearNew contract, December 2021: AED 125,000 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 3204 sits

All 129 2-beds →

3204 last sold in April 2024 at AED 1,851 per sqft, in line with what two-beds in The Distinction were fetching at the time (AED 1,851). 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. 3204's AED 125,000 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 32nd floor

All 305 units in The Distinction
Value
32011-bedAED 2.39M · Apr 2014
32022-bedAED 2.4M · Nov 2024
32031-bedAED 1.4M · Aug 2024
32052-bedAED 3.81M · Jul 2014
32063-bedAED 3.17M · Nov 2025
32072-bedAED 2.5M · Nov 2017

3204, The Distinction in numbers

  • Sold twice: first on 29 May 2014 for AED 4,492,550, last on 19 April 2024 for AED 2,300,000 (AED 1,851 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, from AED 85,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.4%.
  • 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 19 April 2024.

Questions about 3204, The Distinction

What did unit 3204 last sell for?

AED 2,300,000 on 19 April 2024: AED 1,851 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 4,492,550 in May 2014.

What is the rent for unit 3204?

AED 125,000 a year on the contract signed on 21 December 2021. The previous contract, from November 2020, was AED 85,000.

How big is unit 3204?

1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 32nd floor of a 52-storey tower completed in 2016.

What is unit 3204 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.

Selling 3204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3204, The Distinction

Starts from the last sale price (AED 2.3M, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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