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1-bed · 1,390 sqftThe Distinction, Downtown Dubai · 49th floor · completed 2016

4903, The Distinction

Sold prices and rental history: sold twice, last in September 2023, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4903 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.4M13 September 2023
Current rentAED 165K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4903, The Distinction

What is 4903 worth today?

Last sold for AED 2,400,000 in 2023

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1 Jul 2024RentedNew contract
AED 165,000/yr12 months · AED 119 per sqft
13 Sep 2023SoldReady
AED 2,400,000AED 1,727 per sqft
20 Jan 2015Sold by developerOff-plan
AED 4,149,600AED 2,986 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed hotel apartment
Size
1,390 sqft
Floor
49th of 52
Parking
P5-64
Developer
DAMAC
Completed
2016
Last sold
AED 2.4M · September 2023
Building
The Distinction

About 4903, The Distinction

4903 is a one-bedroom hotel apartment of 1,390 sqft on the 49th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 13 September 2023 for AED 2,400,000, or AED 1,727 per sqft, in line with the AED 1,727 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2024. The current contract, signed on 1 July 2024, is AED 165,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 4903 over time

Sales
Unit 4903, each saleTypical one-bed in The Distinction
2M4M2012201620202024Typical 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, January 2015: AED 4,149,600 (AED 2,986 per sqft)Sold, September 2023: AED 2,400,000 (AED 1,727 per sqft)

4903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4903, each contractTypical one-bed in The Distinction
50K100K150K2017202020232026Typical 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 100,000New contract, July 2024: AED 165,000 a year

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 4903 sits

All 95 1-beds →

4903 last sold in September 2023 at AED 1,727 per sqft, in line with what one-beds in The Distinction were fetching at the time (AED 1,727). 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. 4903's AED 165,000 is at the top of that range.

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 49th floor

All 305 units in The Distinction
Value
49011-bedAED 1.5M · Feb 2023
49022-bedAED 2.3M · Nov 2022
49042-bedAED 3.36M · Sep 2023
49053-bedAED 3.4M · Aug 2024

4903, The Distinction in numbers

  • Sold twice: first on 20 January 2015 for AED 4,149,600, last on 13 September 2023 for AED 2,400,000 (AED 1,727 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 1 July 2024.

Questions about 4903, The Distinction

What did unit 4903 last sell for?

AED 2,400,000 on 13 September 2023: AED 1,727 per sqft for 1,390 sqft. The unit has 2 registered sales; the first was AED 4,149,600 in January 2015.

What is the rent for unit 4903?

AED 165,000 a year on the contract signed on 1 July 2024.

How big is unit 4903?

1,390 sqft (129.1 sqm): a one-bedroom hotel apartment on the 49th floor of a 52-storey tower completed in 2016.

What is unit 4903 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 4903, The Distinction

Starts from the last sale price (AED 2.4M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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