1-bed · 918 sqftThe Distinction, Downtown Dubai · 29th floor · completed 2016

2903, 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 2903 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 2.3M15 April 2013
Current rentAED 95K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, The Distinction

What is 2903 worth today?

Last sold for AED 2,303,000 in 2013

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7 Feb 2025RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
1 Feb 2024RentedNew contract
AED 97,000/yr12 months · AED 106 per sqft
1 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 114 per sqft
12 Dec 2021RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
15 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
15 Aug 2018RentedNew contract
AED 81,000/yr12 months · AED 89 per sqft
1 Aug 2017RentedNew contract
AED 88,000/yr12 months · AED 96 per sqft
15 Apr 2013Sold by developerOff-plan
AED 2,303,000AED 2,507 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
1-bed hotel apartment
Size
918 sqft
Floor
29th of 52
Parking
P3-36
Developer
DAMAC
Completed
2016
Last sold
AED 2.3M · April 2013

About 2903, The Distinction

2903 is a one-bedroom hotel apartment of 918 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 2,303,000, or AED 2,507 per sqft, 6% above the AED 2,367 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 7 February 2025, is AED 95,000 a year: a gross yield of 4.1% on the 2013 price.

Sales and rents for 2903 over time

Sales
Unit 2903, 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 2,303,000 (AED 2,507 per sqft)

2903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2903, each contractTypical one-bed in The Distinction
75K100K2017202020232026Typical 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, August 2017: AED 88,000 a yearNew contract, August 2018: AED 81,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, December 2021: AED 95,000 a yearNew contract, January 2023: AED 105,000 a yearNew contract, February 2024: AED 97,000 a yearNew contract, February 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 2903 sits

All 92 1-beds →

2903 last sold in April 2013 at AED 2,507 per sqft, 6% 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. 2903'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
29011-bedAED 2.06M · Apr 2013
29022-bedAED 3.4M · 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

2903, The Distinction in numbers

  • Sold once: by DAMAC on 15 April 2013 for AED 2,303,000, or AED 2,507 per sqft.
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 88,000 to AED 60,000 in 2020 and recovered to AED 95,000 by February 2025.
  • At AED 95,000 a year the gross yield on the 2013 price is 4.1%.
  • 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 7 February 2025.

Questions about 2903, The Distinction

What did unit 2903 last sell for?

AED 2,303,000 on 15 April 2013, sold by the developer: AED 2,507 per sqft for 918 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 95,000 a year on the contract signed on 7 February 2025. The previous contract, from February 2024, was AED 97,000; the unit has been rented since August 2017.

How big is unit 2903?

918 sqft (85.3 sqm): a one-bedroom hotel apartment on the 29th floor of a 52-storey tower completed in 2016.

What is unit 2903 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 2903, The Distinction

Starts from the last sale price (AED 2.3M, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,303,000
Deposit, UAE resident (20%)
AED 460,600
Deposit, non-resident (40%)
AED 921,200
Monthly over 25 years at 3.7%
AED 9,422

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