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2-bed · 1,242 sqftThe Distinction, Downtown Dubai · 37th floor · completed 2016

3704, The Distinction

Sold prices and rental history: sold once, by the developer in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 22 April 2014
Last soldAED 3.75M22 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3704, The Distinction

What is 3704 worth today?

Last sold for AED 3,754,520 in 2014

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22 Apr 2014Sold by developerOff-plan
AED 3,754,520AED 3,023 per sqft

Source: Dubai Land Department. Updated 22 April 2014.

Key facts

Type
2-bed hotel apartment
Size
1,242 sqft
Floor
37th of 52
Parking
P4-35
Developer
DAMAC
Completed
2016
Last sold
AED 3.75M · April 2014
Building
The Distinction

About 3704, The Distinction

3704 is a two-bedroom hotel apartment of 1,242 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 22 April 2014 for AED 3,754,520, or AED 3,023 per sqft, 6% above the AED 2,862 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, April 2014: AED 3,754,520 (AED 3,023 per sqft)

3704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, 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 141,800

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 3704 sits

All 129 2-beds →

3704 last sold in April 2014 at AED 3,023 per sqft, 6% above what two-beds in The Distinction were fetching at the time (AED 2,862). 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.

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 37th floor

All 305 units in The Distinction
Value
37011-bedAED 2.46M · Mar 2014
37022-bedAED 3.86M · Apr 2014
37031-bedAED 2.78M · Apr 2014
37052-bedAED 3.75M · Mar 2014
37063-bedAED 3.5M · Sep 2017
37072-bedAED 4.2M · Mar 2015

3704, The Distinction in numbers

  • Sold once: by DAMAC on 22 April 2014 for AED 3,754,520, or AED 3,023 per sqft.
  • 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 22 April 2014.

Questions about 3704, The Distinction

What did unit 3704 last sell for?

AED 3,754,520 on 22 April 2014, sold by the developer: AED 3,023 per sqft for 1,242 sqft. It is the only registered sale of the unit.

How big is unit 3704?

1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 37th floor of a 52-storey tower completed in 2016.

What is unit 3704 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 3704, The Distinction

Starts from the last sale price (AED 3.75M, 22 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,754,520
Deposit, UAE resident (20%)
AED 750,904
Deposit, non-resident (40%)
AED 1,501,808
Monthly over 25 years at 3.7%
AED 15,361

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