1-bed · 768 sqftThe Distinction, Downtown Dubai · 11th floor · completed 2016

1101, The Distinction

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.6M24 September 2017
Current rentAED 100K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, The Distinction

What is 1101 worth today?

Last sold for AED 1,600,000 in 2017

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1 Aug 2024RentedRenewal
AED 100,000/yr12 months · AED 131 per sqft
1 Aug 2023RentedRenewal
AED 88,000/yr12 months · AED 115 per sqft
1 Aug 2022RentedNew contract
AED 74,000/yr12 months · AED 97 per sqft
20 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 Feb 2020RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
10 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
24 Sep 2017SoldReady
AED 1,600,000AED 2,082 per sqft
26 Jan 2016SoldOff-plan
AED 1,400,000AED 1,821 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed hotel apartment
Size
768 sqft
Floor
11th of 52
Parking
P1-38
Developer
DAMAC
Completed
2016
Last sold
AED 1.6M · September 2017

About 1101, The Distinction

1101 is a one-bedroom hotel apartment of 768 sqft on the 11th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 24 September 2017 for AED 1,600,000, or AED 2,082 per sqft, 12% below the AED 2,370 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 100,000 a year: a gross yield of 6.3% on the 2017 price.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,326,680; 2015 AED 2,376,000; 2016 AED 1,683,850; 2017 AED 1,750,000; 2018 AED 1,416,610; 2019 AED 1,400,000; 2020 AED 1,075,000; 2022 AED 1,205,000; 2023 AED 1,460,000; 2024 AED 1,400,000; 2025 AED 1,460,727; 2026 AED 1,321,306Sold by developer, February 2013: AED 1,898,400 (AED 2,470 per sqft)Sold, January 2016: AED 1,400,000 (AED 1,821 per sqft)Sold, September 2017: AED 1,600,000 (AED 2,082 per sqft)

1101 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, each contractTypical one-bed in The Distinction
60K80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 66,500; 2021 AED 68,000; 2022 AED 77,100; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 100,000New contract, October 2018: AED 90,000 a yearNew contract, February 2020: AED 70,000 a yearNew contract, July 2021: AED 60,000 a yearNew contract, August 2022: AED 74,000 a yearRenewal, August 2023: AED 88,000 a yearRenewal, August 2024: AED 100,000 a year

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 1101 sits

All 95 1-beds →

1101 last sold in September 2017 at AED 2,082 per sqft, 12% below what one-beds in The Distinction were fetching at the time (AED 2,370). 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. 1101's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,325,000
28 Oct 20261,300,000
23 Sep 20261,317,611
27 Aug 20261,200,000
7 1-bed sales 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. 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%
The Distinction, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 305 units in The Distinction
Value
11022-bedAED 3.89M · Dec 2015
11031-bedAED 2.55M · Jan 2017
11042-bedAED 2.68M · Jan 2013
11051-bedAED 1.93M · Jan 2013
1106StudioAED 1.15M · Jan 2013
11073-bedAED 4.02M · Jan 2013
1103A2-bedAED 3.75M · Mar 2014

1101, The Distinction in numbers

  • Sold 3 times: first on 12 February 2013 for AED 1,898,400, last on 24 September 2017 for AED 1,600,000 (AED 2,082 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 100,000 by August 2024.
  • At AED 100,000 a year the gross yield on the 2017 price is 6.3%.
  • 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 1 August 2024.

Questions about 1101, The Distinction

What did unit 1101 last sell for?

AED 1,600,000 on 24 September 2017: AED 2,082 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 1,898,400 in February 2013.

What is the rent for unit 1101?

AED 100,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 88,000; the unit has been rented since October 2018.

How big is unit 1101?

768 sqft (71.3 sqm): a one-bedroom hotel apartment on the 11th floor of a 52-storey tower completed in 2016.

What is unit 1101 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 1101, The Distinction

Starts from the last sale price (AED 1.6M, 24 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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