2-bed · 1,326 sqftThe Distinction, Downtown Dubai · 34th floor · completed 2016

3402, The Distinction

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 30 March 2026
Last soldAED 3.35M19 March 2014
Current rentAED 125K /yr30 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Distinction

What is 3402 worth today?

Last sold for AED 3,352,800 in 2014

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30 Mar 2026RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
30 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
30 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
30 Mar 2024RentedNew contract
AED 117,000/yr12 months · AED 88 per sqft
30 Mar 2023RentedRenewal
AED 108,000/yr12 months · AED 82 per sqft
30 Mar 2022RentedRenewal
AED 93,000/yr12 months · AED 70 per sqft
30 Mar 2021RentedRenewal
AED 85,000/yr12 months · AED 64 per sqft
30 Mar 2020RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 30 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,326 sqft
Floor
34th of 52
Parking
P4-12
Developer
DAMAC
Completed
2016
Last sold
AED 3.35M · March 2014

About 3402, The Distinction

3402 is a two-bedroom hotel apartment of 1,326 sqft on the 34th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 19 March 2014 for AED 3,352,800, or AED 2,529 per sqft, 5% below the AED 2,658 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 30 March 2026, is AED 125,000 a year: a gross yield of 3.7% on the 2014 price.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 2014: AED 3,352,800 (AED 2,529 per sqft)

3402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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 141,800Renewal, March 2019: AED 115,000 a yearRenewal, March 2020: AED 105,000 a yearRenewal, March 2021: AED 85,000 a yearRenewal, March 2022: AED 93,000 a yearRenewal, March 2023: AED 108,000 a yearNew contract, March 2024: AED 117,000 a yearRenewal, March 2025: AED 125,000 a yearRenewal, March 2025: AED 125,000 a yearRenewal, March 2026: 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 3402 sits

All 129 2-beds →

3402 last sold in March 2014 at AED 2,529 per sqft, 5% below what two-beds in The Distinction were fetching at the time (AED 2,658). 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. 3402'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 34th floor

All 305 units in The Distinction
Value
34011-bedAED 2.07M · Mar 2014
34031-bedAED 2.26M · Mar 2014
34042-bedAED 3.05M · Mar 2014
34052-bedAED 3.05M · Mar 2014
34063-bedAED 4.38M · Mar 2014
34072-bedAED 3.66M · Mar 2014

3402, The Distinction in numbers

  • Sold once: by DAMAC on 19 March 2014 for AED 3,352,800, or AED 2,529 per sqft.
  • Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2021 and recovered to AED 125,000 by March 2026.
  • At AED 125,000 a year the gross yield on the 2014 price is 3.7%.
  • 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 30 March 2026.

Questions about 3402, The Distinction

What did unit 3402 last sell for?

AED 3,352,800 on 19 March 2014, sold by the developer: AED 2,529 per sqft for 1,326 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 125,000 a year on the contract renewed on 30 March 2026. The previous contract, from March 2025, was AED 125,000; the unit has been rented since March 2019.

How big is unit 3402?

1,326 sqft (123.2 sqm): a two-bedroom hotel apartment on the 34th floor of a 52-storey tower completed in 2016.

What is unit 3402 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 3402, The Distinction

Starts from the last sale price (AED 3.35M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,352,800
Deposit, UAE resident (20%)
AED 670,560
Deposit, non-resident (40%)
AED 1,341,120
Monthly over 25 years at 3.7%
AED 13,717

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