2-bed · 1,241 sqftThe Distinction, Downtown Dubai · 45th floor · completed 2016

4505, The Distinction

Sold prices and rental history: sold 3 times, last in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 27 December 2021
Last soldAED 1.83M27 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, The Distinction

What is 4505 worth today?

Last sold for AED 1,828,000 in 2021

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27 Dec 2021SoldReady
AED 1,828,000AED 1,473 per sqft
3 Apr 2018SoldReady
AED 2,240,000AED 1,805 per sqft
25 Mar 2014Sold by developerOff-plan
AED 4,518,200AED 3,641 per sqft

Source: Dubai Land Department. Updated 27 December 2021.

Key facts

Type
2-bed hotel apartment
Size
1,241 sqft
Floor
45th of 52
Parking
P5-33
Developer
DAMAC
Completed
2016
Last sold
AED 1.83M · December 2021

About 4505, The Distinction

4505 is a two-bedroom hotel apartment of 1,241 sqft on the 45th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 27 December 2021 for AED 1,828,000, or AED 1,473 per sqft, 15% above the AED 1,285 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4505 over time

Sales
Unit 4505, 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, March 2014: AED 4,518,200 (AED 3,641 per sqft)Sold, April 2018: AED 2,240,000 (AED 1,805 per sqft)Sold, December 2021: AED 1,828,000 (AED 1,473 per sqft)

4505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4505, 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 141,800

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 4505 sits

All 129 2-beds →

4505 last sold in December 2021 at AED 1,473 per sqft, 15% above what two-beds in The Distinction were fetching at the time (AED 1,285). 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.

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 45th floor

All 305 units in The Distinction
Value
45011-bedAED 2.32M · Jun 2015
45022-bedAED 4.61M · Apr 2015
45031-bedAED 3.35M · Jun 2014
45042-bedAED 2M · Nov 2016
45063-bedAED 2.5M · Mar 2023
45072-bedAED 3.88M · Oct 2015

4505, The Distinction in numbers

  • Sold 3 times: first on 25 March 2014 for AED 4,518,200, last on 27 December 2021 for AED 1,828,000 (AED 1,473 per sqft).
  • 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 27 December 2021.

Questions about 4505, The Distinction

What did unit 4505 last sell for?

AED 1,828,000 on 27 December 2021: AED 1,473 per sqft for 1,241 sqft. The unit has 3 registered sales; the first was AED 4,518,200 in March 2014.

How big is unit 4505?

1,241 sqft (115.3 sqm): a two-bedroom hotel apartment on the 45th floor of a 52-storey tower completed in 2016.

What is unit 4505 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 4505, The Distinction

Starts from the last sale price (AED 1.83M, 27 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,828,000
Deposit, UAE resident (20%)
AED 365,600
Deposit, non-resident (40%)
AED 731,200
Monthly over 25 years at 3.7%
AED 7,479

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