2-bed · 1,240 sqftThe Distinction, Downtown Dubai · 35th floor · completed 2016

3505, The Distinction

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3505 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 2M28 September 2021
Current rentAED 150K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, The Distinction

What is 3505 worth today?

Last sold for AED 2,000,000 in 2021

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10 May 2023RentedNew contract
AED 150,000/yr12 months · AED 121 per sqft
17 Mar 2022RentedNew contract
AED 150,000/yr12 months · AED 121 per sqft
28 Sep 2021SoldReady
AED 2,000,000AED 1,612 per sqft
2 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 97 per sqft
2 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
11 Sep 2013Sold by developerOff-plan
AED 3,600,000AED 2,902 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
2-bed hotel apartment
Size
1,240 sqft
Floor
35th of 52
Parking
P4-22
Developer
DAMAC
Completed
2016
Last sold
AED 2M · September 2021

About 3505, The Distinction

3505 is a two-bedroom hotel apartment of 1,240 sqft on the 35th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 28 September 2021 for AED 2,000,000, or AED 1,612 per sqft, 43% above the AED 1,128 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 May 2023, is AED 150,000 a year: a gross yield of 7.5% on the 2021 price.

Sales and rents for 3505 over time

Sales
Unit 3505, 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, September 2013: AED 3,600,000 (AED 2,902 per sqft)Sold, September 2021: AED 2,000,000 (AED 1,612 per sqft)

3505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3505, 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 141,800New contract, February 2019: AED 130,000 a yearRenewal, February 2020: AED 120,000 a yearNew contract, March 2022: AED 150,000 a yearNew contract, May 2023: AED 150,000 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 3505 sits

All 129 2-beds →

3505 last sold in September 2021 at AED 1,612 per sqft, 43% above what two-beds in The Distinction were fetching at the time (AED 1,128). 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. 3505's AED 150,000 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 35th floor

All 305 units in The Distinction
Value
35011-bedAED 2.38M · Dec 2014
35022-bedAED 2.36M · Aug 2024
35031-bedAED 1.68M · Mar 2026
35042-bedAED 3.7M · Oct 2013
35063-bedAED 5.15M · Nov 2017
35072-bedAED 2.35M · Nov 2025

3505, The Distinction in numbers

  • Sold twice: first on 11 September 2013 for AED 3,600,000, last on 28 September 2021 for AED 2,000,000 (AED 1,612 per sqft).
  • Rented since February 2019 on 4 Ejari contracts, from AED 130,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.5%.
  • 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 10 May 2023.

Questions about 3505, The Distinction

What did unit 3505 last sell for?

AED 2,000,000 on 28 September 2021: AED 1,612 per sqft for 1,240 sqft. The unit has 2 registered sales; the first was AED 3,600,000 in September 2013.

What is the rent for unit 3505?

AED 150,000 a year on the contract signed on 10 May 2023. The previous contract, from March 2022, was AED 150,000; the unit has been rented since February 2019.

How big is unit 3505?

1,240 sqft (115.2 sqm): a two-bedroom hotel apartment on the 35th floor of a 52-storey tower completed in 2016.

What is unit 3505 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 3505, The Distinction

Starts from the last sale price (AED 2M, 28 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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