1-bed · 770 sqftThe Distinction, Downtown Dubai · 28th floor · completed 2016

2801, The Distinction

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 2.14M12 February 2013
Current rentAED 90K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, The Distinction

What is 2801 worth today?

Last sold for AED 2,139,450 in 2013

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25 Sep 2024RentedNew contract
AED 89,751/yr12 months · AED 116 per sqft
14 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
14 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
24 Nov 2021RentedRenewal
AED 80,000/yr6 months · AED 103 per sqft
24 May 2021RentedRenewal
AED 65,000/yr6 months · AED 84 per sqft
24 Nov 2020RentedRenewal
AED 65,000/yr6 months · AED 84 per sqft
24 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
12 Feb 2013Sold by developerOff-plan
AED 2,139,450AED 2,778 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed hotel apartment
Size
770 sqft
Floor
28th of 52
Parking
P3-27
Developer
DAMAC
Completed
2016
Last sold
AED 2.14M · February 2013

About 2801, The Distinction

2801 is a one-bedroom hotel apartment of 770 sqft on the 28th 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 2,139,450, or AED 2,778 per sqft, 20% above the AED 2,313 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 25 September 2024, is AED 89,751 a year: a gross yield of 4.2% on the 2013 price.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,317,290; 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 1,402,894; 2025 AED 1,380,000Sold by developer, February 2013: AED 2,139,450 (AED 2,778 per sqft)

2801 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2801, each contractTypical one-bed in The Distinction
60K80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 69,000; 2021 AED 65,000; 2022 AED 78,750; 2023 AED 90,000; 2024 AED 97,000; 2025 AED 100,000; 2026 AED 106,500New contract, November 2019: AED 70,000 a yearRenewal, November 2020: AED 65,000 a yearRenewal, May 2021: AED 65,000 a yearRenewal, November 2021: AED 80,000 a yearNew contract, August 2022: AED 75,000 a yearNew contract, August 2023: AED 80,000 a yearNew contract, September 2024: AED 89,751 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 2801 sits

All 92 1-beds →

2801 last sold in February 2013 at AED 2,778 per sqft, 20% above what one-beds in The Distinction were fetching at the time (AED 2,313). Over the last 12 months one-beds sold for AED 1,550,000 to 1,800,960, around AED 1,849 per sqft, and rent for AED 80,000 to 110,000 a year. 2801's AED 89,751 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20261,550,000
14 Apr 20251,050,000
6 Mar 20251,450,000
4 Feb 20251,270,000
2 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. 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 28th floor

All 305 units in The Distinction
Value
28022-bedAED 3.54M · Feb 2013
28031-bedAED 2.39M · Feb 2013
28042-bedAED 3.24M · Feb 2013
28052-bedAED 3.6M · May 2013
28063-bedAED 5.26M · Feb 2015
28072-bedAED 4.17M · Dec 2014

2801, The Distinction in numbers

  • Sold once: by DAMAC on 12 February 2013 for AED 2,139,450, or AED 2,778 per sqft.
  • Rented since November 2019 on 7 Ejari contracts, from AED 70,000 to AED 89,751 a year.
  • At AED 89,751 a year the gross yield on the 2013 price is 4.2%.
  • One-beds in The Distinction sold for AED 1,550,000–1,800,960 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 September 2024.

Questions about 2801, The Distinction

What did unit 2801 last sell for?

AED 2,139,450 on 12 February 2013, sold by the developer: AED 2,778 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 2801?

AED 89,751 a year on the contract signed on 25 September 2024. The previous contract, from August 2023, was AED 80,000; the unit has been rented since November 2019.

How big is unit 2801?

770 sqft (71.5 sqm): a one-bedroom hotel apartment on the 28th floor of a 52-storey tower completed in 2016.

What is unit 2801 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 1,550,000 to 1,800,960 in the last 12 months, around AED 1,849 per sqft.

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Mortgage on 2801, The Distinction

Starts from the last sale price (AED 2.14M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,139,450
Deposit, UAE resident (20%)
AED 427,890
Deposit, non-resident (40%)
AED 855,780
Monthly over 25 years at 3.7%
AED 8,753

Plus AED 94,867 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →