2-bed · 1,241 sqftThe Distinction, Downtown Dubai · 44th floor · completed 2016

4405, The Distinction

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4405 · DLD and Ejari recordsUpdated 5 June 2017
Last soldAED 2.9M5 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4405, The Distinction

What is 4405 worth today?

Last sold for AED 2,900,000 in 2017

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5 Jun 2017SoldReady
AED 2,900,000AED 2,337 per sqft
25 Mar 2014Sold by developerOff-plan
AED 3,883,600AED 3,130 per sqft

Source: Dubai Land Department. Updated 5 June 2017.

Key facts

Type
2-bed hotel apartment
Size
1,241 sqft
Floor
44th of 52
Parking
P5-26
Developer
DAMAC
Completed
2016
Last sold
AED 2.9M · June 2017

About 4405, The Distinction

4405 is a two-bedroom hotel apartment of 1,241 sqft on the 44th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 5 June 2017 for AED 2,900,000, or AED 2,337 per sqft, 13% below the AED 2,686 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4405 over time

Sales
Unit 4405, 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, March 2014: AED 3,883,600 (AED 3,130 per sqft)Sold, June 2017: AED 2,900,000 (AED 2,337 per sqft)

4405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4405, 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 4405 sits

All 124 2-beds →

4405 last sold in June 2017 at AED 2,337 per sqft, 13% below what two-beds in The Distinction were fetching at the time (AED 2,686). 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 44th floor

All 305 units in The Distinction
Value
44011-bedAED 1.5M · May 2024
44022-bedAED 3.92M · Jun 2015
44031-bedAED 3.46M · Jun 2014
44042-bedAED 3.68M · Mar 2014
44063-bedAED 5.93M · Sep 2014
44072-bedAED 2.5M · Nov 2023

4405, The Distinction in numbers

  • Sold twice: first on 25 March 2014 for AED 3,883,600, last on 5 June 2017 for AED 2,900,000 (AED 2,337 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 5 June 2017.

Questions about 4405, The Distinction

What did unit 4405 last sell for?

AED 2,900,000 on 5 June 2017: AED 2,337 per sqft for 1,241 sqft. The unit has 2 registered sales; the first was AED 3,883,600 in March 2014.

How big is unit 4405?

1,241 sqft (115.3 sqm): a two-bedroom hotel apartment on the 44th floor of a 52-storey tower completed in 2016.

What is unit 4405 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 4405, The Distinction

Starts from the last sale price (AED 2.9M, 5 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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