2-bed · 533 sqftThe Distinction, Downtown Dubai · 29th floor · completed 2016

2907, The Distinction

Sold prices and rental history: sold once, by the developer in December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 6 December 2016
Last soldAED 3.28M6 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, The Distinction

What is 2907 worth today?

Last sold for AED 3,277,500 in 2016

Unlock today's estimate, updated daily, with

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

6 Dec 2016Sold by developerOff-plan
AED 3,277,500AED 6,143 per sqft

Source: Dubai Land Department. Updated 6 December 2016.

Key facts

Type
2-bed hotel apartment
Size
533 sqft
Floor
29th of 52
Parking
P3-41
Developer
DAMAC
Completed
2016
Last sold
AED 3.28M · December 2016

About 2907, The Distinction

2907 is a two-bedroom hotel apartment of 533 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 6 December 2016 for AED 3,277,500, or AED 6,143 per sqft, 117% above the AED 2,827 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2907 over time

Sales
Unit 2907, 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 2016: AED 3,277,500 (AED 6,143 per sqft)

2907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2907, 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 2907 sits

All 124 2-beds →

2907 last sold in December 2016 at AED 6,143 per sqft, 117% above what two-beds in The Distinction were fetching at the time (AED 2,827). 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 29th floor

All 305 units in The Distinction
Value
29011-bedAED 2.06M · Apr 2013
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
2906A1-bedAED 1.46M · May 2024

2907, The Distinction in numbers

  • Sold once: by DAMAC on 6 December 2016 for AED 3,277,500, or AED 6,143 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 6 December 2016.

Questions about 2907, The Distinction

What did unit 2907 last sell for?

AED 3,277,500 on 6 December 2016, sold by the developer: AED 6,143 per sqft for 533 sqft. It is the only registered sale of the unit.

How big is unit 2907?

533 sqft (49.5 sqm): a two-bedroom hotel apartment on the 29th floor of a 52-storey tower completed in 2016.

What is unit 2907 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 2907? 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 2907, The Distinction

Starts from the last sale price (AED 3.28M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,277,500
Deposit, UAE resident (20%)
AED 655,500
Deposit, non-resident (40%)
AED 1,311,000
Monthly over 25 years at 3.7%
AED 13,409

Plus AED 142,665 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →