2-bed · 1,301 sqftThe Distinction, Downtown Dubai · 49th floor · completed 2016

4902, The Distinction

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4902 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 2.3M14 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4902, The Distinction

What is 4902 worth today?

Last sold for AED 2,300,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Nov 2022SoldReady
AED 2,300,000AED 1,768 per sqft
20 Jan 2015Sold by developerOff-plan
AED 3,816,400AED 2,933 per sqft

Source: Dubai Land Department. Updated 14 November 2022.

Key facts

Type
2-bed hotel apartment
Size
1,301 sqft
Floor
49th of 52
Parking
P5-61
Developer
DAMAC
Completed
2016
Last sold
AED 2.3M · November 2022

About 4902, The Distinction

4902 is a two-bedroom hotel apartment of 1,301 sqft on the 49th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 14 November 2022 for AED 2,300,000, or AED 1,768 per sqft, 20% above the AED 1,473 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4902 over time

Sales
Unit 4902, 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, January 2015: AED 3,816,400 (AED 2,933 per sqft)Sold, November 2022: AED 2,300,000 (AED 1,768 per sqft)

4902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4902, 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 4902 sits

All 129 2-beds →

4902 last sold in November 2022 at AED 1,768 per sqft, 20% above what two-beds in The Distinction were fetching at the time (AED 1,473). 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 49th floor

All 305 units in The Distinction
Value
49011-bedAED 1.5M · Feb 2023
49031-bedAED 2.4M · Sep 2023
49042-bedAED 3.36M · Sep 2023
49053-bedAED 3.4M · Aug 2024

4902, The Distinction in numbers

  • Sold twice: first on 20 January 2015 for AED 3,816,400, last on 14 November 2022 for AED 2,300,000 (AED 1,768 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 14 November 2022.

Questions about 4902, The Distinction

What did unit 4902 last sell for?

AED 2,300,000 on 14 November 2022: AED 1,768 per sqft for 1,301 sqft. The unit has 2 registered sales; the first was AED 3,816,400 in January 2015.

How big is unit 4902?

1,301 sqft (120.9 sqm): a two-bedroom hotel apartment on the 49th floor of a 52-storey tower completed in 2016.

What is unit 4902 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.

Selling 4902? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4902, The Distinction

Starts from the last sale price (AED 2.3M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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