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1-bed · 1,008 sqftThe Distinction, Downtown Dubai · 47th floor · completed 2016

4705, 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 4705 · DLD and Ejari recordsUpdated 16 May 2022
Last soldAED 1.53M16 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4705, The Distinction

What is 4705 worth today?

Last sold for AED 1,530,760 in 2022

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16 May 2022Sold by developerReady
AED 1,530,760AED 1,519 per sqft

Source: Dubai Land Department. Updated 16 May 2022.

Key facts

Type
1-bed apartment
Size
1,008 sqft
Floor
47th of 52
Parking
P5-47
Developer
DAMAC
Completed
2016
Last sold
AED 1.53M · May 2022
Building
The Distinction

About 4705, The Distinction

4705 is a one-bedroom apartment of 1,008 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 16 May 2022 for AED 1,530,760, or AED 1,519 per sqft, 5% above the AED 1,451 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4705 over time

Sales
Unit 4705, 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, May 2022: AED 1,530,760 (AED 1,519 per sqft)

4705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4705, each contractTypical one-bed in The Distinction
80K100K2017202020232026Typical 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 100,000

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 4705 sits

All 95 1-beds →

4705 last sold in May 2022 at AED 1,519 per sqft, 5% above what one-beds in The Distinction were fetching at the time (AED 1,451). 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.

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 47th floor

All 305 units in The Distinction
Value
47011-bedAED 1.46M · Oct 2023
47023-bedAED 2.85M · May 2022
47033-bedAED 2.3M · Sep 2022
47043-bedAED 2.53M · Sep 2026
47063-bedAED 2.71M · May 2022

4705, The Distinction in numbers

  • Sold once: by DAMAC on 16 May 2022 for AED 1,530,760, or AED 1,519 per sqft.
  • 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 16 May 2022.

Questions about 4705, The Distinction

What did unit 4705 last sell for?

AED 1,530,760 on 16 May 2022, sold by the developer: AED 1,519 per sqft for 1,008 sqft. It is the only registered sale of the unit.

How big is unit 4705?

1,008 sqft (93.6 sqm): a one-bedroom apartment on the 47th floor of a 52-storey tower completed in 2016.

What is unit 4705 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 4705, The Distinction

Starts from the last sale price (AED 1.53M, 16 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,760
Deposit, UAE resident (20%)
AED 306,152
Deposit, non-resident (40%)
AED 612,304
Monthly over 25 years at 3.7%
AED 6,263

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