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2-bed · 1,242 sqftThe Distinction, Downtown Dubai · 40th floor · completed 2016

4004, The Distinction

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 14 February 2022
Last soldAED 1M14 February 2022
Current rentAED 175K /yr5 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4004, The Distinction

What is 4004 worth today?

Last sold for AED 1,000,000 in 2022

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14 Feb 2022SoldReady
AED 1,000,000AED 805 per sqft
20 Jul 2020SoldReady
AED 1,800,000AED 1,449 per sqft
5 Dec 2019RentedNew contract
AED 175,000/yr12 months · AED 141 per sqft
17 Feb 2013Sold by developerOff-plan
AED 4,076,800AED 3,282 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type
2-bed hotel apartment
Size
1,242 sqft
Floor
40th of 52
Parking
P4-61
Developer
DAMAC
Completed
2016
Last sold
AED 1M · February 2022
Building
The Distinction

About 4004, The Distinction

4004 is a two-bedroom hotel apartment of 1,242 sqft on the 40th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 14 February 2022 for AED 1,000,000, or AED 805 per sqft, 40% below the AED 1,332 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2019. The current contract, signed on 5 December 2019, is AED 175,000 a year: a gross yield of 17.5% on the 2022 price.

Sales and rents for 4004 over time

Sales
Unit 4004, 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, February 2013: AED 4,076,800 (AED 3,282 per sqft)Sold, July 2020: AED 1,800,000 (AED 1,449 per sqft)Sold, February 2022: AED 1,000,000 (AED 805 per sqft)

4004 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4004, 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, December 2019: AED 175,000 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 4004 sits

All 129 2-beds →

4004 last sold in February 2022 at AED 805 per sqft, 40% below what two-beds in The Distinction were fetching at the time (AED 1,332). 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. 4004's AED 175,000 is in the upper 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 40th floor

All 305 units in The Distinction
Value
40011-bedAED 2.52M · Feb 2013
40022-bedAED 4.19M · Apr 2014
40031-bedAED 1.43M · Jul 2022
40052-bedAED 4M · Feb 2013
40063-bedAED 5.66M · Nov 2013
40072-bedAED 4.37M · Jun 2015

4004, The Distinction in numbers

  • Sold 3 times: first on 17 February 2013 for AED 4,076,800, last on 14 February 2022 for AED 1,000,000 (AED 805 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2022 price is 17.5%.
  • 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 14 February 2022.

Questions about 4004, The Distinction

What did unit 4004 last sell for?

AED 1,000,000 on 14 February 2022: AED 805 per sqft for 1,242 sqft. The unit has 3 registered sales; the first was AED 4,076,800 in February 2013.

What is the rent for unit 4004?

AED 175,000 a year on the contract signed on 5 December 2019.

How big is unit 4004?

1,242 sqft (115.4 sqm): a two-bedroom hotel apartment on the 40th floor of a 52-storey tower completed in 2016.

What is unit 4004 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 4004, The Distinction

Starts from the last sale price (AED 1M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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