4005, The Distinction
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4005, The Distinction
What is 4005 worth today?
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Source: Dubai Land Department. Updated 30 November 2023.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,240 sqft
- Floor
- 40th of 52
- Parking
- P4-64
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 4M · February 2013
- Building
- The Distinction
About 4005, The Distinction
4005 is a two-bedroom hotel apartment of 1,240 sqft on the 40th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 12 February 2013 for AED 3,997,000, or AED 3,222 per sqft, 39% above the AED 2,310 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 November 2023, is AED 160,000 a year: a gross yield of 4.0% on the 2013 price.
Sales and rents for 4005 over time
4005 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 4005 sits
All 129 2-beds →4005 last sold in February 2013 at AED 3,222 per sqft, 39% above what two-beds in The Distinction were fetching at the time (AED 2,310). 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. 4005's AED 160,000 is in the upper 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 40th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 772 sqft | AED 2.52MAED 2,517,200 · Feb 2013February 2013 | ||
| 4002 | 2-bed | 1,316 sqft | AED 4.19MAED 4,191,460 · Apr 2014April 2014 | ||
| 4003 | 1-bed | 918 sqft | AED 1.43MAED 1,425,000 · Jul 2022July 2022 | 100,000 /yr | |
| 4004 | 2-bed | 1,242 sqft | AED 1MAED 1,000,000 · Feb 2022February 2022 | 175,000 /yr | |
| 4006 | 3-bed | 1,745 sqft | AED 5.66MAED 5,658,100 · Nov 2013November 2013 | 224,250 /yr | |
| 4007 | 2-bed | 1,426 sqft | AED 4.37MAED 4,372,857 · Jun 2015June 2015 | 80,000 /yr |
4005, The Distinction in numbers
- Sold once: by DAMAC on 12 February 2013 for AED 3,997,000, or AED 3,222 per sqft.
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2021 and recovered to AED 160,000 by November 2023.
- At AED 160,000 a year the gross yield on the 2013 price is 4.0%.
- 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 30 November 2023.
Questions about 4005, The Distinction
What did unit 4005 last sell for?
AED 3,997,000 on 12 February 2013, sold by the developer: AED 3,222 per sqft for 1,240 sqft. It is the only registered sale of the unit.
What is the rent for unit 4005?
AED 160,000 a year on the contract signed on 30 November 2023. The previous contract, from September 2023, was AED 160,000; the unit has been rented since January 2020.
How big is unit 4005?
1,240 sqft (115.2 sqm): a two-bedroom hotel apartment on the 40th floor of a 52-storey tower completed in 2016.
What is unit 4005 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 4005, The Distinction
Starts from the last sale price (AED 4M, 12 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,997,000
- Deposit, UAE resident (20%)
- AED 799,400
- Deposit, non-resident (40%)
- AED 1,598,800
- Monthly over 25 years at 3.7%
- AED 16,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →