2-bed · 1,405 sqftThe Distinction, Downtown Dubai · 48th floor · completed 2016

4805, The Distinction

Sold prices and rental history: sold once, by the developer in April 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4805 · DLD and Ejari recordsUpdated 20 April 2016
Last soldAED 3.55M20 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4805, The Distinction

What is 4805 worth today?

Last sold for AED 3,547,200 in 2016

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20 Apr 2016Sold by developerOff-plan
AED 3,547,200AED 2,525 per sqft

Source: Dubai Land Department. Updated 20 April 2016.

Key facts

Type
2-bed hotel apartment
Size
1,405 sqft
Floor
48th of 52
Parking
P5-58
Developer
DAMAC
Completed
2016
Last sold
AED 3.55M · April 2016

About 4805, The Distinction

4805 is a two-bedroom hotel apartment of 1,405 sqft on the 48th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 20 April 2016 for AED 3,547,200, or AED 2,525 per sqft, 14% below the AED 2,942 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4805 over time

Sales
Unit 4805, 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 2016: AED 3,547,200 (AED 2,525 per sqft)

4805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4805, 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 4805 sits

All 129 2-beds →

4805 last sold in April 2016 at AED 2,525 per sqft, 14% below what two-beds in The Distinction were fetching at the time (AED 2,942). 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 48th floor

All 305 units in The Distinction
Value
48011-bedAED 2.4M · Aug 2015
48022-bedAED 1.4M · Jun 2021
48032-bedAED 5M · Nov 2015
48042-bedAED 4.91M · Aug 2015
48061-bedAED 2.5M · Nov 2015

4805, The Distinction in numbers

  • Sold once: by DAMAC on 20 April 2016 for AED 3,547,200, or AED 2,525 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 20 April 2016.

Questions about 4805, The Distinction

What did unit 4805 last sell for?

AED 3,547,200 on 20 April 2016, sold by the developer: AED 2,525 per sqft for 1,405 sqft. It is the only registered sale of the unit.

How big is unit 4805?

1,405 sqft (130.5 sqm): a two-bedroom hotel apartment on the 48th floor of a 52-storey tower completed in 2016.

What is unit 4805 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 4805, The Distinction

Starts from the last sale price (AED 3.55M, 20 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,547,200
Deposit, UAE resident (20%)
AED 709,440
Deposit, non-resident (40%)
AED 1,418,880
Monthly over 25 years at 3.7%
AED 14,513

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