2-bed · 1,241 sqftThe Distinction, Downtown Dubai · 43rd floor · completed 2016

4305, The Distinction

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4305 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 4.33M29 May 2014
Current rentAED 140K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4305, The Distinction

What is 4305 worth today?

Last sold for AED 4,330,660 in 2014

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5 Oct 2023RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
24 Mar 2022RentedRenewal
AED 100,000/yr12 months · AED 81 per sqft
24 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
26 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
25 Nov 2017RentedNew contract
AED 200,000/yr12 months · AED 162 per sqft
29 May 2014Sold by developerOff-plan
AED 4,330,660AED 3,490 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
2-bed hotel apartment
Size
1,241 sqft
Floor
43rd of 52
Parking
P5-19
Developer
DAMAC
Completed
2016
Last sold
AED 4.33M · May 2014

About 4305, The Distinction

4305 is a two-bedroom hotel apartment of 1,241 sqft on the 43rd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 29 May 2014 for AED 4,330,660, or AED 3,490 per sqft, 22% above the AED 2,859 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 5 October 2023, is AED 140,000 a year: a gross yield of 3.2% on the 2014 price.

Sales and rents for 4305 over time

Sales
Unit 4305, 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, May 2014: AED 4,330,660 (AED 3,490 per sqft)

4305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4305, each contractTypical two-bed in The Distinction
100K150K200K2017202020232026Typical 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, November 2017: AED 200,000 a yearNew contract, March 2019: AED 140,000 a yearNew contract, March 2021: AED 90,000 a yearRenewal, March 2022: AED 100,000 a yearNew contract, October 2023: AED 140,000 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 4305 sits

All 129 2-beds →

4305 last sold in May 2014 at AED 3,490 per sqft, 22% above what two-beds in The Distinction were fetching at the time (AED 2,859). 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. 4305's AED 140,000 is in the lower 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 43rd floor

All 305 units in The Distinction
Value
43011-bedAED 2.1M · Jun 2014
43022-bedAED 3.47M · Aug 2015
43031-bedAED 1.8M · Dec 2025
43042-bedAED 2.6M · Jun 2026
43063-bedAED 2.54M · Mar 2022
43072-bedAED 2.17M · Feb 2022

4305, The Distinction in numbers

  • Sold once: by DAMAC on 29 May 2014 for AED 4,330,660, or AED 3,490 per sqft.
  • Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 200,000 to AED 90,000 in 2021 and recovered to AED 140,000 by October 2023.
  • At AED 140,000 a year the gross yield on the 2014 price is 3.2%.
  • 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 5 October 2023.

Questions about 4305, The Distinction

What did unit 4305 last sell for?

AED 4,330,660 on 29 May 2014, sold by the developer: AED 3,490 per sqft for 1,241 sqft. It is the only registered sale of the unit.

What is the rent for unit 4305?

AED 140,000 a year on the contract signed on 5 October 2023. The previous contract, from March 2022, was AED 100,000; the unit has been rented since November 2017.

How big is unit 4305?

1,241 sqft (115.3 sqm): a two-bedroom hotel apartment on the 43rd floor of a 52-storey tower completed in 2016.

What is unit 4305 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 4305, The Distinction

Starts from the last sale price (AED 4.33M, 29 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,330,660
Deposit, UAE resident (20%)
AED 866,132
Deposit, non-resident (40%)
AED 1,732,264
Monthly over 25 years at 3.7%
AED 17,718

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