1-bed · 770 sqftThe Distinction, Downtown Dubai · 29th floor · completed 2016

2901, The Distinction

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 16 March 2025
Last soldAED 2.06M15 April 2013
Current rentAED 95K /yr16 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, The Distinction

What is 2901 worth today?

Last sold for AED 2,058,000 in 2013

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16 Mar 2025RentedRenewal
AED 95,000/yr12 months · AED 123 per sqft
16 Mar 2024RentedNew contract
AED 95,000/yr12 months · AED 123 per sqft
1 Dec 2022RentedRenewal
AED 78,750/yr12 months · AED 102 per sqft
1 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
10 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
14 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
25 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 16 March 2025.

Key facts

Type
1-bed hotel apartment
Size
770 sqft
Floor
29th of 52
Parking
P3-34
Developer
DAMAC
Completed
2016
Last sold
AED 2.06M · April 2013

About 2901, The Distinction

2901 is a one-bedroom hotel apartment of 770 sqft on the 29th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 15 April 2013 for AED 2,058,000, or AED 2,672 per sqft, 13% above the AED 2,367 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 16 March 2025, is AED 95,000 a year: a gross yield of 4.6% on the 2013 price.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, April 2013: AED 2,058,000 (AED 2,672 per sqft)

2901 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2901, 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, October 2017: AED 85,000 a yearNew contract, February 2019: AED 75,000 a yearNew contract, October 2019: AED 75,000 a yearNew contract, December 2020: AED 75,000 a yearNew contract, December 2021: AED 75,000 a yearRenewal, December 2022: AED 78,750 a yearNew contract, March 2024: AED 95,000 a yearRenewal, March 2025: AED 95,000 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 2901 sits

All 92 1-beds →

2901 last sold in April 2013 at AED 2,672 per sqft, 13% above what one-beds in The Distinction were fetching at the time (AED 2,367). 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. 2901's AED 95,000 is in the upper 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 29th floor

All 305 units in The Distinction
Value
29022-bedAED 3.4M · Apr 2013
29031-bedAED 2.3M · Apr 2013
29042-bedAED 3.11M · Apr 2013
29052-bedAED 3.6M · May 2013
29061-bedAED 2.3M · Dec 2013
29072-bedAED 3.28M · Dec 2016
2906A1-bedAED 1.46M · May 2024

2901, The Distinction in numbers

  • Sold once: by DAMAC on 15 April 2013 for AED 2,058,000, or AED 2,672 per sqft.
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2021 and recovered to AED 95,000 by March 2025.
  • At AED 95,000 a year the gross yield on the 2013 price is 4.6%.
  • 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 16 March 2025.

Questions about 2901, The Distinction

What did unit 2901 last sell for?

AED 2,058,000 on 15 April 2013, sold by the developer: AED 2,672 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 95,000 a year on the contract renewed on 16 March 2025. The previous contract, from March 2024, was AED 95,000; the unit has been rented since October 2017.

How big is unit 2901?

770 sqft (71.5 sqm): a one-bedroom hotel apartment on the 29th floor of a 52-storey tower completed in 2016.

What is unit 2901 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 2901, The Distinction

Starts from the last sale price (AED 2.06M, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,058,000
Deposit, UAE resident (20%)
AED 411,600
Deposit, non-resident (40%)
AED 823,200
Monthly over 25 years at 3.7%
AED 8,420

Plus AED 91,446 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →