2-bed · 1,426 sqftThe Distinction, Downtown Dubai · 34th floor · completed 2016

3407, 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 3407 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 3.66M20 March 2014
Current rentAED 130K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, The Distinction

What is 3407 worth today?

Last sold for AED 3,662,400 in 2014

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1 Dec 2025RentedRenewal
AED 130,000/yr12 months · AED 91 per sqft
1 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 91 per sqft
1 Dec 2023RentedNew contract
AED 127,000/yr12 months · AED 89 per sqft
1 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
1 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 59 per sqft
1 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
1 Jul 2019RentedNew contract
AED 105,000/yr12 months · AED 73 per sqft
20 Mar 2014Sold by developerOff-plan
AED 3,662,400AED 2,567 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,426 sqft
Floor
34th of 52
Parking
P4-17
Developer
DAMAC
Completed
2016
Last sold
AED 3.66M · March 2014

About 3407, The Distinction

3407 is a two-bedroom hotel apartment of 1,426 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 20 March 2014 for AED 3,662,400, or AED 2,567 per sqft, in line with the AED 2,629 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 130,000 a year: a gross yield of 3.5% on the 2014 price.

Sales and rents for 3407 over time

Sales
Unit 3407, 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 3,662,400 (AED 2,567 per sqft)

3407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, 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, July 2019: AED 105,000 a yearNew contract, November 2020: AED 80,000 a yearRenewal, November 2021: AED 85,000 a yearNew contract, December 2022: AED 120,000 a yearNew contract, December 2023: AED 127,000 a yearRenewal, December 2024: AED 130,000 a yearRenewal, December 2025: AED 130,000 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 3407 sits

All 129 2-beds →

3407 last sold in March 2014 at AED 2,567 per sqft, in line with what two-beds in The Distinction were fetching at the time (AED 2,629). 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. 3407's AED 130,000 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
34022-bedAED 3.35M · 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

3407, The Distinction in numbers

  • Sold once: by DAMAC on 20 March 2014 for AED 3,662,400, or AED 2,567 per sqft.
  • Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 130,000 by December 2025.
  • At AED 130,000 a year the gross yield on the 2014 price is 3.5%.
  • 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 1 December 2025.

Questions about 3407, The Distinction

What did unit 3407 last sell for?

AED 3,662,400 on 20 March 2014, sold by the developer: AED 2,567 per sqft for 1,426 sqft. It is the only registered sale of the unit.

What is the rent for unit 3407?

AED 130,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 130,000; the unit has been rented since July 2019.

How big is unit 3407?

1,426 sqft (132.5 sqm): a two-bedroom hotel apartment on the 34th floor of a 52-storey tower completed in 2016.

What is unit 3407 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 3407, The Distinction

Starts from the last sale price (AED 3.66M, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,662,400
Deposit, UAE resident (20%)
AED 732,480
Deposit, non-resident (40%)
AED 1,464,960
Monthly over 25 years at 3.7%
AED 14,984

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