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2-bed · 1,240 sqftThe Distinction, Downtown Dubai · 33rd floor · completed 2016

3305, The Distinction

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3305 · DLD and Ejari recordsUpdated 19 January 2023
Last soldAED 2.34M19 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3305, The Distinction

What is 3305 worth today?

Last sold for AED 2,338,691 in 2023

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19 Jan 2023SoldReady
AED 2,338,691AED 1,885 per sqft
26 May 2013Sold by developerOff-plan
AED 3,553,200AED 2,864 per sqft

Source: Dubai Land Department. Updated 19 January 2023.

Key facts

Type
2-bed hotel apartment
Size
1,240 sqft
Floor
33rd of 52
Parking
P4-08
Developer
DAMAC
Completed
2016
Last sold
AED 2.34M · January 2023
Building
The Distinction

About 3305, The Distinction

3305 is a two-bedroom hotel apartment of 1,240 sqft on the 33rd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 19 January 2023 for AED 2,338,691, or AED 1,885 per sqft, 25% above the AED 1,512 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3305 over time

Sales
Unit 3305, 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, May 2013: AED 3,553,200 (AED 2,864 per sqft)Sold, January 2023: AED 2,338,691 (AED 1,885 per sqft)

3305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3305, 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 3305 sits

All 124 2-beds →

3305 last sold in January 2023 at AED 1,885 per sqft, 25% above what two-beds in The Distinction were fetching at the time (AED 1,512). 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 33rd floor

All 305 units in The Distinction
Value
33011-bedAED 2.06M · Mar 2014
33022-bedAED 3.05M · Apr 2017
33031-bedAED 1.73M · Apr 2023
33042-bedAED 2.8M · Mar 2024
33063-bedAED 5.57M · Jul 2014
33072-bedAED 4.38M · Oct 2015

3305, The Distinction in numbers

  • Sold twice: first on 26 May 2013 for AED 3,553,200, last on 19 January 2023 for AED 2,338,691 (AED 1,885 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 19 January 2023.

Questions about 3305, The Distinction

What did unit 3305 last sell for?

AED 2,338,691 on 19 January 2023: AED 1,885 per sqft for 1,240 sqft. The unit has 2 registered sales; the first was AED 3,553,200 in May 2013.

How big is unit 3305?

1,240 sqft (115.2 sqm): a two-bedroom hotel apartment on the 33rd floor of a 52-storey tower completed in 2016.

What is unit 3305 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.

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Mortgage on 3305, The Distinction

Starts from the last sale price (AED 2.34M, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,338,691
Deposit, UAE resident (20%)
AED 467,738
Deposit, non-resident (40%)
AED 935,476
Monthly over 25 years at 3.7%
AED 9,568

Plus AED 103,235 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →