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3-bed · 1,755 sqftThe Distinction, Downtown Dubai · 34th floor · completed 2016

3406, The Distinction

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 29 April 2023
Last soldAED 4.38M20 March 2014
Current rentAED 155K /yr29 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3406, The Distinction

What is 3406 worth today?

Last sold for AED 4,384,800 in 2014

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29 Apr 2023RentedNew contract
AED 155,000/yr12 months · AED 88 per sqft
29 Apr 2019RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
20 Mar 2014Sold by developerOff-plan
AED 4,384,800AED 2,498 per sqft

Source: Dubai Land Department. Updated 29 April 2023.

Key facts

Type
3-bed hotel apartment
Size
1,755 sqft
Floor
34th of 52
Parking
P4-16
Developer
DAMAC
Completed
2016
Last sold
AED 4.38M · March 2014
Building
The Distinction

About 3406, The Distinction

3406 is a three-bedroom hotel apartment of 1,755 sqft on the 34th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 20 March 2014 for AED 4,384,800, or AED 2,498 per sqft, in line with the AED 2,550 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 29 April 2023, is AED 155,000 a year: a gross yield of 3.5% on the 2014 price.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,022,650; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,024,250; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,500; 2022 AED 2,851,800; 2023 AED 2,615,000; 2025 AED 3,256,000Sold by developer, March 2014: AED 4,384,800 (AED 2,498 per sqft)

3406 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3406, each contractTypical three-bed in The Distinction
150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 155,000; 2020 AED 117,500; 2021 AED 130,000; 2022 AED 154,500; 2023 AED 175,000; 2024 AED 195,000; 2025 AED 210,000New contract, April 2019: AED 150,000 a yearNew contract, April 2023: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Distinction, and where 3406 sits

All 54 3-beds →

3406 last sold in March 2014 at AED 2,498 per sqft, in line with what three-beds in The Distinction were fetching at the time (AED 2,550). Over the last 12 months three-beds sold for AED 3,167,644, around AED 1,804 per sqft, and rent for AED 180,000 to 230,000 a year. 3406's AED 155,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Apr 20253,600,000
25 Feb 20253,256,000
23 Jan 20252,921,061
9 Aug 20243,400,000
1 3-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 34th floor

All 305 units in The Distinction
Value
34011-bedAED 2.07M · Mar 2014
34022-bedAED 3.35M · Mar 2014
34031-bedAED 2.26M · Mar 2014
34042-bedAED 3.05M · Mar 2014
34052-bedAED 3.05M · Mar 2014
34072-bedAED 3.66M · Mar 2014

3406, The Distinction in numbers

  • Sold once: by DAMAC on 20 March 2014 for AED 4,384,800, or AED 2,498 per sqft.
  • Rented since April 2019 on 2 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2014 price is 3.5%.
  • Three-beds in The Distinction sold for AED 3,167,644–3,167,644 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 29 April 2023.

Questions about 3406, The Distinction

What did unit 3406 last sell for?

AED 4,384,800 on 20 March 2014, sold by the developer: AED 2,498 per sqft for 1,755 sqft. It is the only registered sale of the unit.

What is the rent for unit 3406?

AED 155,000 a year on the contract signed on 29 April 2023. The previous contract, from April 2019, was AED 150,000.

How big is unit 3406?

1,755 sqft (163.0 sqm): a three-bedroom hotel apartment on the 34th floor of a 52-storey tower completed in 2016.

What is unit 3406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 3,167,644 to 3,167,644 in the last 12 months, around AED 1,804 per sqft.

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Mortgage on 3406, The Distinction

Starts from the last sale price (AED 4.38M, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,384,800
Deposit, UAE resident (20%)
AED 876,960
Deposit, non-resident (40%)
AED 1,753,920
Monthly over 25 years at 3.7%
AED 17,940

Plus AED 189,172 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →