1003, The Distinction
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, The Distinction
What is 1003 worth today?
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Source: Dubai Land Department. Updated 9 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 917 sqft
- Floor
- 10th of 52
- Parking
- P1-33
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.09M · March 2014
- Building
- The Distinction
About 1003, The Distinction
1003 is a one-bedroom hotel apartment of 917 sqft on the 10th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 3 March 2014 for AED 2,089,510, or AED 2,279 per sqft, 12% below the AED 2,577 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 9 November 2024, is AED 95,000 a year: a gross yield of 4.5% on the 2014 price.
Sales and rents for 1003 over time
1003 has sold once; the dashed line is the one-bed median of each year in the building.
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 1003 sits
All 95 1-beds →1003 last sold in March 2014 at AED 2,279 per sqft, 12% below what one-beds in The Distinction were fetching at the time (AED 2,577). Over the last 12 months one-beds sold for AED 1,200,000 to 1,800,960, around AED 1,718 per sqft, and rent for AED 36,000 to 125,000 a year. 1003's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 892 sqft | 1,325,000 | 1,485 | ||
| 28 Oct 202628 October 2026 | 892 sqft | 1,300,000 | 1,457 | ||
| 23 Sep 202623 September 2026 | 767 sqft | 1,317,611 | 1,718 | ||
| 27 Aug 202627 August 2026 | 772 sqft | 1,200,000 | 1,554 |
The Distinction
Building305 apartments, studios to 3-bed over 52 floors in Downtown Dubai, completed in 2016 by DAMAC. 26 sold in the last 12 months.
- Typical price per sqft
- AED 1,757 Up 3.6%
- Typical sale
- AED 1.95M
- Typical rent
- AED 120K /yr
- Typical yield
- 6.5%
Other units on the 10th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 766 sqft | AED 1.86MAED 1,856,400 · Feb 2013February 2013 | 88,200 /yr | |
| 1002 | 2-bed | 1,320 sqft | AED 2.26MAED 2,261,600 · Nov 2025November 2025 | 147,000 /yr | |
| 1004 | 2-bed | 1,239 sqft | AED 3.12MAED 3,115,000 · Feb 2013February 2013 | ||
| 1005 | 1-bed | 892 sqft | AED 2.22MAED 2,217,780 · Mar 2013March 2013 | 82,000 /yr | |
| 1006 | Studio | 520 sqft | AED 475KAED 475,000 · Apr 2018April 2018 | 80,000 /yr | |
| 1007 | 3-bed | 1,770 sqft | AED 3.25MAED 3,254,580 · Dec 2022December 2022 | 205,000 /yr | |
| 1003A | 2-bed | 1,239 sqft | AED 3.16MAED 3,160,650 · Mar 2014March 2014 | 144,000 /yr |
1003, The Distinction in numbers
- Sold once: by DAMAC on 3 March 2014 for AED 2,089,510, or AED 2,279 per sqft.
- Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 58,000 in 2020 and recovered to AED 95,000 by November 2024.
- At AED 95,000 a year the gross yield on the 2014 price is 4.5%.
- One-beds in The Distinction sold for AED 1,200,000–1,800,960 in the 12 months to November 2026; the building's median across all types is AED 1,757 per sqft.
Source: Dubai Land Department. Updated 9 November 2024.
Questions about 1003, The Distinction
What did unit 1003 last sell for?
AED 2,089,510 on 3 March 2014, sold by the developer: AED 2,279 per sqft for 917 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 95,000 a year on the contract signed on 9 November 2024. The previous contract, from July 2023, was AED 100,000; the unit has been rented since July 2017.
How big is unit 1003?
917 sqft (85.2 sqm): a one-bedroom hotel apartment on the 10th floor of a 52-storey tower completed in 2016.
What is unit 1003 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 1,200,000 to 1,800,960 in the last 12 months, around AED 1,718 per sqft.
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Mortgage on 1003, The Distinction
Starts from the last sale price (AED 2.09M, 3 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,089,510
- Deposit, UAE resident (20%)
- AED 417,902
- Deposit, non-resident (40%)
- AED 835,804
- Monthly over 25 years at 3.7%
- AED 8,549
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →