1-bed · 919 sqftThe Distinction, Downtown Dubai · 38th floor · completed 2016

3803, The Distinction

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 1.05M3 June 2020
Current rentAED 105K /yr6 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, The Distinction

What is 3803 worth today?

Last sold for AED 1,050,000 in 2020

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6 Feb 2024RentedNew contract
AED 105,000/yr12 months · AED 114 per sqft
20 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
3 Jun 2020SoldReady
AED 1,050,000AED 1,142 per sqft
30 Apr 2020SoldReady
AED 1,370,000AED 1,491 per sqft
20 Nov 2019RentedNew contract
AED 100,783/yr14 months · AED 110 per sqft
3 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
12 Feb 2015Sold by developerOff-plan
AED 2,590,500AED 2,819 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
1-bed hotel apartment
Size
919 sqft
Floor
38th of 52
Parking
P4-41
Developer
DAMAC
Completed
2016
Last sold
AED 1.05M · June 2020

About 3803, The Distinction

3803 is a one-bedroom hotel apartment of 919 sqft on the 38th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 3 June 2020 for AED 1,050,000, or AED 1,142 per sqft, 22% below the AED 1,464 one-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 6 February 2024, is AED 105,000 a year: a gross yield of 10.0% on the 2020 price.

Sales and rents for 3803 over time

Sales
Unit 3803, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,326,680; 2015 AED 2,376,000; 2016 AED 1,683,850; 2017 AED 1,750,000; 2018 AED 1,416,610; 2019 AED 1,400,000; 2020 AED 1,075,000; 2022 AED 1,205,000; 2023 AED 1,460,000; 2024 AED 1,400,000; 2025 AED 1,460,727; 2026 AED 1,321,306Sold by developer, February 2015: AED 2,590,500 (AED 2,819 per sqft)Sold, April 2020: AED 1,370,000 (AED 1,491 per sqft)Sold, June 2020: AED 1,050,000 (AED 1,142 per sqft)

3803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3803, each contractTypical one-bed in The Distinction
60K80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 66,500; 2021 AED 68,000; 2022 AED 77,100; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 100,000New contract, February 2019: AED 85,000 a yearNew contract, November 2019: AED 100,783 a yearNew contract, January 2021: AED 70,000 a yearNew contract, February 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Distinction, and where 3803 sits

All 95 1-beds →

3803 last sold in June 2020 at AED 1,142 per sqft, 22% below what one-beds in The Distinction were fetching at the time (AED 1,464). Over the last 12 months one-beds sold for AED 1,200,000 to 1,800,960, around AED 1,718 per sqft, and rent for AED 36,000 to 125,000 a year. 3803's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,325,000
28 Oct 20261,300,000
23 Sep 20261,317,611
27 Aug 20261,200,000
7 1-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 38th floor

All 305 units in The Distinction
Value
38011-bedAED 1.38M · Jan 2025
38022-bedAED 2M · Jan 2025
38042-bedAED 1.4M · Feb 2021
38052-bedAED 1.4M · Jan 2021
38063-bedAED 1.85M · Jun 2021
38072-bedAED 1.5M · Mar 2022

3803, The Distinction in numbers

  • Sold 3 times: first on 12 February 2015 for AED 2,590,500, last on 3 June 2020 for AED 1,050,000 (AED 1,142 per sqft).
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 105,000 by February 2024.
  • At AED 105,000 a year the gross yield on the 2020 price is 10.0%.
  • One-beds in The Distinction sold for AED 1,200,000–1,800,960 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 6 February 2024.

Questions about 3803, The Distinction

What did unit 3803 last sell for?

AED 1,050,000 on 3 June 2020: AED 1,142 per sqft for 919 sqft. The unit has 3 registered sales; the first was AED 2,590,500 in February 2015.

What is the rent for unit 3803?

AED 105,000 a year on the contract signed on 6 February 2024. The previous contract, from January 2021, was AED 70,000; the unit has been rented since February 2019.

How big is unit 3803?

919 sqft (85.4 sqm): a one-bedroom hotel apartment on the 38th floor of a 52-storey tower completed in 2016.

What is unit 3803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Distinction sold for AED 1,200,000 to 1,800,960 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 3803, The Distinction

Starts from the last sale price (AED 1.05M, 3 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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