Home
Dubai prices
About
Research
2-bed · 1,320 sqftThe Distinction, Downtown Dubai · 23rd floor · completed 2016

2302, The Distinction

Sold prices and rental history: sold once, by the developer in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 13 December 2012
Last soldAED 2.98M13 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2302

Property timeline for 2302, The Distinction

What is 2302 worth today?

Last sold for AED 2,982,050 in 2012

Unlock today's estimate, updated daily, with

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

13 Dec 2012Sold by developerOff-plan
AED 2,982,050AED 2,258 per sqft

Source: Dubai Land Department. Updated 13 December 2012.

Key facts

Type
2-bed hotel apartment
Size
1,320 sqft
Floor
23rd of 52
Parking
P2-66
Developer
DAMAC
Completed
2016
Last sold
AED 2.98M · December 2012
Building
The Distinction

About 2302, The Distinction

2302 is a two-bedroom hotel apartment of 1,320 sqft on the 23rd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 13 December 2012 for AED 2,982,050, or AED 2,258 per sqft, 4% above the AED 2,163 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 2,678,900; 2013 AED 3,315,200; 2014 AED 3,662,400; 2015 AED 4,023,963; 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 1,920,800; 2023 AED 2,487,300; 2024 AED 2,349,000; 2025 AED 2,167,193Sold by developer, December 2012: AED 2,982,050 (AED 2,258 per sqft)

2302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, each contractTypical two-bed in The Distinction
100K150K2017202020232026Typical rent by year: 2017 AED 147,500; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 95,500; 2022 AED 115,000; 2023 AED 140,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 155,000

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 2302 sits

All 124 2-beds →

2302 last sold in December 2012 at AED 2,258 per sqft, 4% above what two-beds in The Distinction were fetching at the time (AED 2,163). Over the last 12 months two-beds sold for AED 2,350,000, around AED 1,647 per sqft, and rent for AED 130,000 to 230,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jul 20252,234,386
28 May 20252,100,000
17 Mar 20252,043,525
16 Jan 20252,600,000
1 2-bed sale 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,804
Typical sale
AED 1.8M
Typical rent
AED 143K /yr
Typical yield
6.7%
The Distinction, Downtown Dubai: prices, sales and rents →

Other units on the 23rd floor

All 305 units in The Distinction
Value
23011-bedAED 1.77M · Dec 2012
23033-bedAED 4.66M · Dec 2012
23042-bedAED 2.68M · Dec 2012
23051-bedAED 1.93M · Dec 2012
2306StudioAED 915K · Jun 2025
23073-bedAED 4.02M · Dec 2012

2302, The Distinction in numbers

  • Sold once: by DAMAC on 13 December 2012 for AED 2,982,050, or AED 2,258 per sqft.
  • Two-beds in The Distinction sold for AED 2,350,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,804 per sqft.

Source: Dubai Land Department. Updated 13 December 2012.

Questions about 2302, The Distinction

What did unit 2302 last sell for?

AED 2,982,050 on 13 December 2012, sold by the developer: AED 2,258 per sqft for 1,320 sqft. It is the only registered sale of the unit.

How big is unit 2302?

1,320 sqft (122.6 sqm): a two-bedroom hotel apartment on the 23rd floor of a 52-storey tower completed in 2016.

What is unit 2302 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 2,350,000 to 2,350,000 in the last 12 months, around AED 1,647 per sqft.

Selling 2302? 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 2302, The Distinction

Starts from the last sale price (AED 2.98M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,982,050
Deposit, UAE resident (20%)
AED 596,410
Deposit, non-resident (40%)
AED 1,192,820
Monthly over 25 years at 3.7%
AED 12,200

Plus AED 130,256 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →