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2-bed · 1,281 sqftThe Distinction, Downtown Dubai · 44th floor · completed 2016

4402, The Distinction

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4402 · DLD and Ejari recordsUpdated 8 August 2019
Last soldAED 3.92M30 June 2015
Current rentAED 120K /yr8 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4402, The Distinction

What is 4402 worth today?

Last sold for AED 3,923,925 in 2015

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8 Aug 2019RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
8 Aug 2018RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
30 Jun 2015Sold by developerOff-plan
AED 3,923,925AED 3,062 per sqft

Source: Dubai Land Department. Updated 8 August 2019.

Key facts

Type
2-bed hotel apartment
Size
1,281 sqft
Floor
44th of 52
Parking
P5-23
Developer
DAMAC
Completed
2016
Last sold
AED 3.92M · June 2015
Building
The Distinction

About 4402, The Distinction

4402 is a two-bedroom hotel apartment of 1,281 sqft on the 44th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 30 June 2015 for AED 3,923,925, or AED 3,062 per sqft, 8% above the AED 2,831 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 8 August 2019, is AED 120,000 a year: a gross yield of 3.1% on the 2015 price.

Sales and rents for 4402 over time

Sales
Unit 4402, 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, June 2015: AED 3,923,925 (AED 3,062 per sqft)

4402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4402, each contractTypical two-bed in The Distinction
100K125K150K2017202020232026Typical 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, August 2018: AED 120,000 a yearRenewal, August 2019: AED 120,000 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 4402 sits

All 129 2-beds →

4402 last sold in June 2015 at AED 3,062 per sqft, 8% above what two-beds in The Distinction were fetching at the time (AED 2,831). 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. 4402's AED 120,000 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 44th floor

All 305 units in The Distinction
Value
44011-bedAED 1.5M · May 2024
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

4402, The Distinction in numbers

  • Sold once: by DAMAC on 30 June 2015 for AED 3,923,925, or AED 3,062 per sqft.
  • Rented since August 2018 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 3.1%.
  • 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 8 August 2019.

Questions about 4402, The Distinction

What did unit 4402 last sell for?

AED 3,923,925 on 30 June 2015, sold by the developer: AED 3,062 per sqft for 1,281 sqft. It is the only registered sale of the unit.

What is the rent for unit 4402?

AED 120,000 a year on the contract renewed on 8 August 2019. The previous contract, from August 2018, was AED 120,000.

How big is unit 4402?

1,281 sqft (119.0 sqm): a two-bedroom hotel apartment on the 44th floor of a 52-storey tower completed in 2016.

What is unit 4402 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 4402, The Distinction

Starts from the last sale price (AED 3.92M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,923,925
Deposit, UAE resident (20%)
AED 784,785
Deposit, non-resident (40%)
AED 1,569,570
Monthly over 25 years at 3.7%
AED 16,054

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