1,295 sqftThe Distinction, Downtown Dubai · 43rd floor · completed 2016

4302, The Distinction

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4302 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 3.47M20 August 2015
Current rentAED 135K /yr7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4302, The Distinction

What is 4302 worth today?

Last sold for AED 3,472,500 in 2015

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7 Nov 2023RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
15 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
10 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
10 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
20 Aug 2015SoldOff-plan
AED 3,472,500AED 2,681 per sqft
13 Aug 2014Sold by developerOff-plan
AED 3,472,500AED 2,681 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
Hotel apartment
Size
1,295 sqft
Floor
43rd of 52
Parking
P5-16
Developer
DAMAC
Completed
2016
Last sold
AED 3.47M · August 2015

About 4302, The Distinction

4302 is a hotel apartment of 1,295 sqft on the 43rd floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 20 August 2015 for AED 3,472,500, or AED 2,681 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 7 November 2023, is AED 135,000 a year: a gross yield of 3.9% on the 2015 price.

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 43rd floor

All 305 units in The Distinction
Value
43011-bedAED 2.1M · Jun 2014
4303AED 1.8M · Dec 2025
4304AED 3.17M · Aug 2015
43052-bedAED 4.33M · May 2014
43063-bedAED 2.54M · Mar 2022
43072-bedAED 2.17M · Feb 2022

4302, The Distinction in numbers

  • Sold twice: first on 13 August 2014 for AED 3,472,500, last on 20 August 2015 for AED 3,472,500 (AED 2,681 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 80,000 in 2021 and recovered to AED 135,000 by November 2023.
  • At AED 135,000 a year the gross yield on the 2015 price is 3.9%.

Source: Dubai Land Department. Updated 7 November 2023.

Questions about 4302, The Distinction

What did unit 4302 last sell for?

AED 3,472,500 on 20 August 2015: AED 2,681 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 3,472,500 in August 2014.

What is the rent for unit 4302?

AED 135,000 a year on the contract signed on 7 November 2023. The previous contract, from January 2021, was AED 80,000; the unit has been rented since October 2017.

How big is unit 4302?

1,295 sqft (120.3 sqm): a hotel apartment on the 43rd floor of a 52-storey tower completed in 2016.

What is unit 4302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4302, The Distinction

Starts from the last sale price (AED 3.47M, 20 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,472,500
Deposit, UAE resident (20%)
AED 694,500
Deposit, non-resident (40%)
AED 1,389,000
Monthly over 25 years at 3.7%
AED 14,207

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