3702, The Distinction
Sold prices and rental history: sold once, by the developer in April 2014, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3702, The Distinction
What is 3702 worth today?
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Source: Dubai Land Department. Updated 13 July 2021.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,326 sqft
- Floor
- 37th of 52
- Parking
- P4-33
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.86M · April 2014
- Building
- The Distinction
About 3702, The Distinction
3702 is a two-bedroom hotel apartment of 1,326 sqft on the 37th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 1 April 2014 for AED 3,855,720, or AED 2,908 per sqft, 7% above the AED 2,715 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 July 2021. The current contract, signed on 13 July 2021, is AED 120,000 a year: a gross yield of 3.1% on the 2014 price.
Sales and rents for 3702 over time
3702 has sold once; the dashed line is the two-bed median of each year in the building.
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 3702 sits
All 129 2-beds →3702 last sold in April 2014 at AED 2,908 per sqft, 7% above what two-beds in The Distinction were fetching at the time (AED 2,715). 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. 3702's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,430 sqft | 1,900,000 | 1,328 | ||
| 11 Sep 202611 September 2026 | 1,242 sqft | 1,700,000 | 1,368 | ||
| 22 Jul 202622 July 2026 | 1,424 sqft | 2,000,000 | 1,404 | ||
| 26 Jun 202626 June 2026 | 1,320 sqft | 1,400,000 | 1,060 |
The Distinction
Building305 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%
Other units on the 37th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 1-bed | 772 sqft | AED 2.46MAED 2,462,400 · Mar 2014March 2014 | ||
| 3703 | 1-bed | 919 sqft | AED 2.78MAED 2,783,000 · Apr 2014April 2014 | ||
| 3704 | 2-bed | 1,242 sqft | AED 3.75MAED 3,754,520 · Apr 2014April 2014 | ||
| 3705 | 2-bed | 1,240 sqft | AED 3.75MAED 3,754,520 · Mar 2014March 2014 | 150,000 /yr | |
| 3706 | 3-bed | 1,755 sqft | AED 3.5MAED 3,500,000 · Sep 2017September 2017 | 218,000 /yr | |
| 3707 | 2-bed | 1,426 sqft | AED 4.2MAED 4,196,500 · Mar 2015March 2015 | 158,000 /yr |
3702, The Distinction in numbers
- Sold once: by DAMAC on 1 April 2014 for AED 3,855,720, or AED 2,908 per sqft.
- Rented since July 2021 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2014 price is 3.1%.
- 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 13 July 2021.
Questions about 3702, The Distinction
What did unit 3702 last sell for?
AED 3,855,720 on 1 April 2014, sold by the developer: AED 2,908 per sqft for 1,326 sqft. It is the only registered sale of the unit.
What is the rent for unit 3702?
AED 120,000 a year on the contract signed on 13 July 2021.
How big is unit 3702?
1,326 sqft (123.2 sqm): a two-bedroom hotel apartment on the 37th floor of a 52-storey tower completed in 2016.
What is unit 3702 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 3702, The Distinction
Starts from the last sale price (AED 3.86M, 1 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,855,720
- Deposit, UAE resident (20%)
- AED 771,144
- Deposit, non-resident (40%)
- AED 1,542,288
- Monthly over 25 years at 3.7%
- AED 15,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →