3-bed · 1,849 sqftThe Distinction, Downtown Dubai · 47th floor · completed 2016

4702, The Distinction

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4702 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 2.85M18 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, The Distinction

What is 4702 worth today?

Last sold for AED 2,851,800 in 2022

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18 May 2022Sold by developerReady
AED 2,851,800AED 1,542 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type
3-bed apartment
Size
1,849 sqft
Floor
47th of 52
Parking
P5-44
Developer
DAMAC
Completed
2016
Last sold
AED 2.85M · May 2022

About 4702, The Distinction

4702 is a three-bedroom apartment of 1,849 sqft on the 47th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 18 May 2022 for AED 2,851,800, or AED 1,542 per sqft, in line with the AED 1,510 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4702 over time

Sales
Unit 4702, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,126,100; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,264,125; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,000; 2022 AED 2,851,800; 2023 AED 2,730,000; 2024 AED 3,400,000; 2025 AED 3,211,822; 2026 AED 2,915,000Sold by developer, May 2022: AED 2,851,800 (AED 1,542 per sqft)

4702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4702, each contractTypical three-bed in The Distinction
100K150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 110,000; 2021 AED 130,000; 2022 AED 154,000; 2023 AED 175,000; 2024 AED 197,500; 2025 AED 210,000; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Distinction, and where 4702 sits

All 58 3-beds →

4702 last sold in May 2022 at AED 1,542 per sqft, in line with what three-beds in The Distinction were fetching at the time (AED 1,510). Over the last 12 months three-beds sold for AED 2,470,000 to 3,517,480, around AED 1,895 per sqft, and rent for AED 138,462 to 240,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20263,300,000
21 Sep 20262,530,000
2 Apr 20263,517,480
30 Mar 20262,470,000
5 3-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 47th floor

All 305 units in The Distinction
Value
47011-bedAED 1.46M · Oct 2023
47033-bedAED 2.3M · Sep 2022
47043-bedAED 2.53M · Sep 2026
47051-bedAED 1.53M · May 2022
47063-bedAED 2.71M · May 2022

4702, The Distinction in numbers

  • Sold once: by DAMAC on 18 May 2022 for AED 2,851,800, or AED 1,542 per sqft.
  • Three-beds in The Distinction sold for AED 2,470,000–3,517,480 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 18 May 2022.

Questions about 4702, The Distinction

What did unit 4702 last sell for?

AED 2,851,800 on 18 May 2022, sold by the developer: AED 1,542 per sqft for 1,849 sqft. It is the only registered sale of the unit.

How big is unit 4702?

1,849 sqft (171.8 sqm): a three-bedroom apartment on the 47th floor of a 52-storey tower completed in 2016.

What is unit 4702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 2,470,000 to 3,517,480 in the last 12 months, around AED 1,895 per sqft.

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Mortgage on 4702, The Distinction

Starts from the last sale price (AED 2.85M, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,851,800
Deposit, UAE resident (20%)
AED 570,360
Deposit, non-resident (40%)
AED 1,140,720
Monthly over 25 years at 3.7%
AED 11,668

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