1-bed · 919 sqftThe Distinction, Downtown Dubai · 32nd floor · completed 2016

3203, The Distinction

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.4M15 August 2024
Current rentAED 90K /yr6 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, The Distinction

What is 3203 worth today?

Last sold for AED 1,400,000 in 2024

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15 Aug 2024SoldReady
AED 1,400,000AED 1,523 per sqft
6 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 Aug 2021RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
7 Mar 2020RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
7 Mar 2019RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
3 Sep 2015Sold by developerOff-plan
AED 2,585,000AED 2,813 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed hotel apartment
Size
919 sqft
Floor
32nd of 52
Parking
P3-66
Developer
DAMAC
Completed
2016
Last sold
AED 1.4M · August 2024

About 3203, The Distinction

3203 is a one-bedroom hotel apartment of 919 sqft on the 32nd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 15 August 2024 for AED 1,400,000, or AED 1,523 per sqft, 12% below the AED 1,727 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 6 November 2022, is AED 90,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, September 2015: AED 2,585,000 (AED 2,813 per sqft)Sold, August 2024: AED 1,400,000 (AED 1,523 per sqft)

3203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3203, 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 106,500Renewal, March 2019: AED 95,000 a yearRenewal, March 2020: AED 100,000 a yearNew contract, August 2021: AED 65,000 a yearNew contract, November 2022: AED 90,000 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 3203 sits

All 92 1-beds →

3203 last sold in August 2024 at AED 1,523 per sqft, 12% below what one-beds in The Distinction were fetching at the time (AED 1,727). 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. 3203's AED 90,000 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 32nd floor

All 305 units in The Distinction
Value
32011-bedAED 2.39M · Apr 2014
32022-bedAED 2.4M · Nov 2024
32042-bedAED 2.3M · Apr 2024
32052-bedAED 3.81M · Jul 2014
3206AED 3.17M · Nov 2025
32072-bedAED 2.5M · Nov 2017

3203, The Distinction in numbers

  • Sold twice: first on 3 September 2015 for AED 2,585,000, last on 15 August 2024 for AED 1,400,000 (AED 1,523 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 90,000 by November 2022.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 15 August 2024.

Questions about 3203, The Distinction

What did unit 3203 last sell for?

AED 1,400,000 on 15 August 2024: AED 1,523 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 2,585,000 in September 2015.

What is the rent for unit 3203?

AED 90,000 a year on the contract signed on 6 November 2022. The previous contract, from August 2021, was AED 65,000; the unit has been rented since March 2019.

How big is unit 3203?

919 sqft (85.4 sqm): a one-bedroom hotel apartment on the 32nd floor of a 52-storey tower completed in 2016.

What is unit 3203 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 3203, The Distinction

Starts from the last sale price (AED 1.4M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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