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Penthouse · 2,624 sqftThe Distinction, Downtown Dubai · 51st floor · completed 2016

5102, The Distinction

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

Unit 5102 · DLD and Ejari recordsUpdated 28 February 2016
Last soldAED 8.41M28 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5102, The Distinction

What is 5102 worth today?

Last sold for AED 8,406,000 in 2016

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28 Feb 2016Sold by developerOff-plan
AED 8,406,000AED 3,203 per sqft

Source: Dubai Land Department. Updated 28 February 2016.

Key facts

Type
Penthouse hotel apartment
Size
2,624 sqft
Floor
51st of 52
Parking
P5-54, P5-T1
Developer
DAMAC
Completed
2016
Last sold
AED 8.41M · February 2016
Building
The Distinction

About 5102, The Distinction

5102 is a penthouse of 2,624 sqft on the 51st floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 28 February 2016 for AED 8,406,000, or AED 3,203 per sqft, in line with the AED 3,213 penthouses in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Penthouses in The Distinction, and where 5102 sits

All 4 penthouses →

5102 last sold in February 2016 at AED 3,203 per sqft, in line with what penthouses in The Distinction were fetching at the time (AED 3,213).

Recent penthouse salesUnit no.Price (AED)Summary
28 Feb 20168,406,000
4 Feb 20167,335,000
4 Feb 20167,335,000
0 penthouse 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 51st floor

All 305 units in The Distinction
Value
5101PenthouseAED 7.34M · Feb 2016

5102, The Distinction in numbers

  • Sold once: by DAMAC on 28 February 2016 for AED 8,406,000, or AED 3,203 per sqft.

Source: Dubai Land Department. Updated 28 February 2016.

Questions about 5102, The Distinction

What did unit 5102 last sell for?

AED 8,406,000 on 28 February 2016, sold by the developer: AED 3,203 per sqft for 2,624 sqft. It is the only registered sale of the unit.

How big is unit 5102?

2,624 sqft (243.8 sqm): a penthouse on the 51st floor of a 52-storey tower completed in 2016.

What is unit 5102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5102, The Distinction

Starts from the last sale price (AED 8.41M, 28 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 8,406,000
Deposit, UAE resident (20%)
AED 1,681,200
Deposit, non-resident (40%)
AED 3,362,400
Monthly over 25 years at 3.7%
AED 34,392

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