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2-bed · 1,242 sqftThe Distinction, Downtown Dubai · 33rd floor · completed 2016

3304, The Distinction

Sold prices and rental history: sold 3 times, last in March 2024, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 2.8M5 March 2024
Current rentAED 190K /yr11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3304, The Distinction

What is 3304 worth today?

Last sold for AED 2,800,000 in 2024

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11 Jun 2024RentedNew contract
AED 190,000/yr12 months · AED 153 per sqft
5 Mar 2024SoldReady
AED 2,800,000AED 2,254 per sqft
7 Mar 2023SoldReady
AED 1,100,000AED 885 per sqft
26 May 2013Sold by developerOff-plan
AED 3,553,200AED 2,860 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
2-bed hotel apartment
Size
1,242 sqft
Floor
33rd of 52
Parking
P4-07
Developer
DAMAC
Completed
2016
Last sold
AED 2.8M · March 2024
Building
The Distinction

About 3304, The Distinction

3304 is a two-bedroom hotel apartment of 1,242 sqft on the 33rd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 5 March 2024 for AED 2,800,000, or AED 2,254 per sqft, 22% above the AED 1,842 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 June 2024. The current contract, signed on 11 June 2024, is AED 190,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 3304 over time

Sales
Unit 3304, 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 2013: AED 3,553,200 (AED 2,860 per sqft)Sold, March 2023: AED 1,100,000 (AED 885 per sqft)Sold, March 2024: AED 2,800,000 (AED 2,254 per sqft)

3304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3304, each contractTypical two-bed in The Distinction
100K150K200K2017202020232026Typical 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, June 2024: AED 190,000 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 3304 sits

All 129 2-beds →

3304 last sold in March 2024 at AED 2,254 per sqft, 22% above what two-beds in The Distinction were fetching at the time (AED 1,842). 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. 3304's AED 190,000 is in the upper 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 33rd floor

All 305 units in The Distinction
Value
33011-bedAED 2.06M · Mar 2014
33022-bedAED 3.05M · Apr 2017
33031-bedAED 1.73M · Apr 2023
33052-bedAED 2.34M · Jan 2023
33063-bedAED 5.57M · Jul 2014
33072-bedAED 4.38M · Oct 2015

3304, The Distinction in numbers

  • Sold 3 times: first on 26 May 2013 for AED 3,553,200, last on 5 March 2024 for AED 2,800,000 (AED 2,254 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2024 price is 6.8%.
  • 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 11 June 2024.

Questions about 3304, The Distinction

What did unit 3304 last sell for?

AED 2,800,000 on 5 March 2024: AED 2,254 per sqft for 1,242 sqft. The unit has 3 registered sales; the first was AED 3,553,200 in May 2013.

What is the rent for unit 3304?

AED 190,000 a year on the contract signed on 11 June 2024.

How big is unit 3304?

1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 33rd floor of a 52-storey tower completed in 2016.

What is unit 3304 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 3304, The Distinction

Starts from the last sale price (AED 2.8M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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