2-bed · 1,238 sqftThe Distinction, Downtown Dubai · 7th floor · completed 2016

704, The Distinction

Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 2.1M28 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Distinction

What is 704 worth today?

Last sold for AED 2,100,000 in 2025

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28 May 2025SoldReady
AED 2,100,000AED 1,695 per sqft
15 Apr 2013Sold by developerOff-plan
AED 2,664,900AED 2,151 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type
2-bed hotel apartment
Size
1,238 sqft
Floor
7th of 52
Parking
P1-05
Developer
DAMAC
Completed
2016
Last sold
AED 2.1M · May 2025

About 704, The Distinction

704 is a two-bedroom hotel apartment of 1,238 sqft on the 7th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 28 May 2025 for AED 2,100,000, or AED 1,695 per sqft, 5% below the AED 1,783 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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 2013: AED 2,664,900 (AED 2,151 per sqft)Sold, May 2025: AED 2,100,000 (AED 1,695 per sqft)

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

Rents
Unit 704, 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 704 sits

All 129 2-beds →

704 last sold in May 2025 at AED 1,695 per sqft, 5% below what two-beds in The Distinction were fetching at the time (AED 1,783). 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 7th floor

All 305 units in The Distinction
Value
7011-bedAED 1.05M · Apr 2025
7022-bedAED 3.09M · Dec 2014
7031-bedAED 1.38M · Aug 2022
7051-bedAED 800K · Feb 2021
706StudioAED 1.42M · Jul 2014
7073-bedAED 4.08M · Apr 2017
703A2-bedAED 2.89M · Apr 2013

704, The Distinction in numbers

  • Sold twice: first on 15 April 2013 for AED 2,664,900, last on 28 May 2025 for AED 2,100,000 (AED 1,695 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 28 May 2025.

Questions about 704, The Distinction

What did unit 704 last sell for?

AED 2,100,000 on 28 May 2025: AED 1,695 per sqft for 1,238 sqft. The unit has 2 registered sales; the first was AED 2,664,900 in April 2013.

How big is unit 704?

1,238 sqft (115.0 sqm): a two-bedroom hotel apartment on the 7th floor of a 52-storey tower completed in 2016.

What is unit 704 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 704, The Distinction

Starts from the last sale price (AED 2.1M, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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