1-bed · 774 sqftThe Distinction, Downtown Dubai · 44th floor · completed 2016

4401, The Distinction

Sold prices and rental history: sold 6 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4401 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.5M2 May 2024
Current rentAED 103K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4401, The Distinction

What is 4401 worth today?

Last sold for AED 1,500,000 in 2024

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25 Aug 2024RentedNew contract
AED 103,200/yr12 months · AED 133 per sqft
2 May 2024SoldReady
AED 1,500,000AED 1,937 per sqft
2 Jan 2024SoldReady
AED 1,405,788AED 1,815 per sqft
23 Feb 2023SoldReady
AED 1,200,000AED 1,549 per sqft
3 Feb 2022SoldReady
AED 950,000AED 1,226 per sqft
21 Mar 2021RentedNew contract
AED 62,831/yr12 months · AED 81 per sqft
6 Jun 2020RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
4 Jun 2018SoldReady
AED 1,200,000AED 1,549 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
1-bed hotel apartment
Size
774 sqft
Floor
44th of 52
Parking
P5-22
Developer
DAMAC
Completed
2016
Last sold
AED 1.5M · May 2024

About 4401, The Distinction

4401 is a one-bedroom hotel apartment of 774 sqft on the 44th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 2 May 2024 for AED 1,500,000, or AED 1,937 per sqft, 7% above the AED 1,815 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 25 August 2024, is AED 103,200 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 4401 over time

Sales
Unit 4401, 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, March 2014: AED 2,326,680 (AED 3,004 per sqft)Sold, June 2018: AED 1,200,000 (AED 1,549 per sqft)Sold, February 2022: AED 950,000 (AED 1,226 per sqft)Sold, February 2023: AED 1,200,000 (AED 1,549 per sqft)Sold, January 2024: AED 1,405,788 (AED 1,815 per sqft)Sold, May 2024: AED 1,500,000 (AED 1,937 per sqft)

4401 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4401, 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, November 2017: AED 92,000 a yearNew contract, June 2020: AED 70,000 a yearNew contract, March 2021: AED 62,831 a yearNew contract, August 2024: AED 103,200 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 4401 sits

All 95 1-beds →

4401 last sold in May 2024 at AED 1,937 per sqft, 7% above what one-beds in The Distinction were fetching at the time (AED 1,815). 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. 4401's AED 103,200 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 44th floor

All 305 units in The Distinction
Value
44022-bedAED 3.92M · Jun 2015
44031-bedAED 3.46M · Jun 2014
44042-bedAED 3.68M · Mar 2014
44052-bedAED 2.9M · Jun 2017
44063-bedAED 5.93M · Sep 2014
44072-bedAED 1.9M · Oct 2026

4401, The Distinction in numbers

  • Sold 6 times: first on 20 March 2014 for AED 2,326,680, last on 2 May 2024 for AED 1,500,000 (AED 1,937 per sqft).
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 92,000 to AED 62,831 in 2021 and recovered to AED 103,200 by August 2024.
  • At AED 103,200 a year the gross yield on the 2024 price is 6.9%.
  • 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 25 August 2024.

Questions about 4401, The Distinction

What did unit 4401 last sell for?

AED 1,500,000 on 2 May 2024: AED 1,937 per sqft for 774 sqft. The unit has 6 registered sales; the first was AED 2,326,680 in March 2014.

What is the rent for unit 4401?

AED 103,200 a year on the contract signed on 25 August 2024. The previous contract, from March 2021, was AED 62,831; the unit has been rented since November 2017.

How big is unit 4401?

774 sqft (71.9 sqm): a one-bedroom hotel apartment on the 44th floor of a 52-storey tower completed in 2016.

What is unit 4401 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 4401, The Distinction

Starts from the last sale price (AED 1.5M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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