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2-bed · 1,240 sqftThe Distinction, Downtown Dubai · 27th floor · completed 2016

2705, The Distinction

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 3.34M12 February 2013
Current rentAED 200K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2705, The Distinction

What is 2705 worth today?

Last sold for AED 3,335,500 in 2013

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25 Mar 2024RentedNew contract
AED 200,000/yr12 months · AED 162 per sqft
24 Mar 2023RentedNew contract
AED 180,000/yr12 months · AED 145 per sqft
6 Dec 2021RentedNew contract
AED 165,000/yr12 months · AED 133 per sqft
1 Aug 2020RentedRenewal
AED 130,000/yr12 months · AED 105 per sqft
12 Feb 2013Sold by developerOff-plan
AED 3,335,500AED 2,689 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,240 sqft
Floor
27th of 52
Parking
P3-23
Developer
DAMAC
Completed
2016
Last sold
AED 3.34M · February 2013
Building
The Distinction

About 2705, The Distinction

2705 is a two-bedroom apartment of 1,240 sqft on the 27th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 12 February 2013 for AED 3,335,500, or AED 2,689 per sqft, 16% above the AED 2,312 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 25 March 2024, is AED 200,000 a year: a gross yield of 6.0% on the 2013 price.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, February 2013: AED 3,335,500 (AED 2,689 per sqft)

2705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, each contractTypical two-bed in The Distinction
100K150K200K2017202020232026Typical 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 155,000Renewal, August 2020: AED 130,000 a yearNew contract, December 2021: AED 165,000 a yearNew contract, March 2023: AED 180,000 a yearNew contract, March 2024: AED 200,000 a year

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 2705 sits

All 124 2-beds →

2705 last sold in February 2013 at AED 2,689 per sqft, 16% above what two-beds in The Distinction were fetching at the time (AED 2,312). 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. 2705's AED 200,000 is in the upper half of that range.

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 27th floor

All 305 units in The Distinction
Value
27011-bedAED 2.03M · Feb 2013
27022-bedAED 3.55M · Jan 2017
27031-bedAED 1.4M · Jul 2019
27042-bedAED 2.8M · Dec 2024
27061-bedAED 2.26M · Apr 2014
27072-bedAED 3.8M · Sep 2018
2706A1-bedAED 2.25M · May 2014

2705, The Distinction in numbers

  • Sold once: by DAMAC on 12 February 2013 for AED 3,335,500, or AED 2,689 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 130,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 6.0%.
  • 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 25 March 2024.

Questions about 2705, The Distinction

What did unit 2705 last sell for?

AED 3,335,500 on 12 February 2013, sold by the developer: AED 2,689 per sqft for 1,240 sqft. It is the only registered sale of the unit.

What is the rent for unit 2705?

AED 200,000 a year on the contract signed on 25 March 2024. The previous contract, from March 2023, was AED 180,000; the unit has been rented since August 2020.

How big is unit 2705?

1,240 sqft (115.2 sqm): a two-bedroom apartment on the 27th floor of a 52-storey tower completed in 2016.

What is unit 2705 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.

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Mortgage on 2705, The Distinction

Starts from the last sale price (AED 3.34M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,335,500
Deposit, UAE resident (20%)
AED 667,100
Deposit, non-resident (40%)
AED 1,334,200
Monthly over 25 years at 3.7%
AED 13,647

Plus AED 145,101 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →