2-bed · 1,424 sqftThe Distinction, Downtown Dubai · 46th floor · completed 2016

4607, The Distinction

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

Unit 4607 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 3.1M12 July 2024
Current rentAED 105K /yr31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4607, The Distinction

What is 4607 worth today?

Last sold for AED 3,100,000 in 2024

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12 Jul 2024SoldReady
AED 3,100,000AED 2,176 per sqft
31 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
29 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
20 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
15 Oct 2017RentedNew contract
AED 168,000/yr6 months · AED 118 per sqft
21 Apr 2015Sold by developerOff-plan
AED 4,372,875AED 3,070 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,424 sqft
Floor
46th of 52
Parking
P5-42
Developer
DAMAC
Completed
2016
Last sold
AED 3.1M · July 2024

About 4607, The Distinction

4607 is a two-bedroom hotel apartment of 1,424 sqft on the 46th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 12 July 2024 for AED 3,100,000, or AED 2,176 per sqft, 20% above the AED 1,809 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 31 October 2022, is AED 105,000 a year: a gross yield of 3.4% on the 2024 price.

Sales and rents for 4607 over time

Sales
Unit 4607, 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, April 2015: AED 4,372,875 (AED 3,070 per sqft)Sold, July 2024: AED 3,100,000 (AED 2,176 per sqft)

4607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4607, each contractTypical two-bed in The Distinction
100K150K2017202020232026Typical 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, October 2017: AED 168,000 a yearNew contract, February 2019: AED 115,000 a yearNew contract, October 2021: AED 90,000 a yearRenewal, October 2022: AED 105,000 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 4607 sits

All 129 2-beds →

4607 last sold in July 2024 at AED 2,176 per sqft, 20% above what two-beds in The Distinction were fetching at the time (AED 1,809). 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. 4607's AED 105,000 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 46th floor

All 305 units in The Distinction
Value
46011-bedAED 1.5M · Oct 2025
46022-bedAED 1.92M · Mar 2022
46031-bedAED 2.7M · Feb 2015
46042-bedAED 4.12M · Mar 2015
46052-bedAED 4.19M · Aug 2015
46063-bedAED 3.47M · Aug 2024

4607, The Distinction in numbers

  • Sold twice: first on 21 April 2015 for AED 4,372,875, last on 12 July 2024 for AED 3,100,000 (AED 2,176 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 168,000 to AED 90,000 in 2021 and recovered to AED 105,000 by October 2022.
  • At AED 105,000 a year the gross yield on the 2024 price is 3.4%.
  • 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 12 July 2024.

Questions about 4607, The Distinction

What did unit 4607 last sell for?

AED 3,100,000 on 12 July 2024: AED 2,176 per sqft for 1,424 sqft. The unit has 2 registered sales; the first was AED 4,372,875 in April 2015.

What is the rent for unit 4607?

AED 105,000 a year on the contract renewed on 31 October 2022. The previous contract, from October 2021, was AED 90,000; the unit has been rented since October 2017.

How big is unit 4607?

1,424 sqft (132.3 sqm): a two-bedroom hotel apartment on the 46th floor of a 52-storey tower completed in 2016.

What is unit 4607 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 4607, The Distinction

Starts from the last sale price (AED 3.1M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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