1-bed · 917 sqftThe Distinction, Downtown Dubai · 11th floor · completed 2016

1103, The Distinction

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 25 January 2017
Last soldAED 2.55M25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, The Distinction

What is 1103 worth today?

Last sold for AED 2,545,300 in 2017

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25 Jan 2017Sold by developerOff-plan
AED 2,545,300AED 2,776 per sqft

Source: Dubai Land Department. Updated 25 January 2017.

Key facts

Type
1-bed hotel apartment
Size
917 sqft
Floor
11th of 52
Parking
P1-40
Developer
DAMAC
Completed
2016
Last sold
AED 2.55M · January 2017

About 1103, The Distinction

1103 is a one-bedroom hotel apartment of 917 sqft on the 11th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 25 January 2017 for AED 2,545,300, or AED 2,776 per sqft, 29% above the AED 2,146 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, January 2017: AED 2,545,300 (AED 2,776 per sqft)

1103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in The Distinction
80K100K2017202020232026Typical 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 100,000

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 1103 sits

All 95 1-beds →

1103 last sold in January 2017 at AED 2,776 per sqft, 29% above what one-beds in The Distinction were fetching at the time (AED 2,146). 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.

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
11011-bedAED 1.6M · Sep 2017
11022-bedAED 3.89M · Dec 2015
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

1103, The Distinction in numbers

  • Sold once: by DAMAC on 25 January 2017 for AED 2,545,300, or AED 2,776 per sqft.
  • 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 25 January 2017.

Questions about 1103, The Distinction

What did unit 1103 last sell for?

AED 2,545,300 on 25 January 2017, sold by the developer: AED 2,776 per sqft for 917 sqft. It is the only registered sale of the unit.

How big is unit 1103?

917 sqft (85.2 sqm): a one-bedroom hotel apartment on the 11th floor of a 52-storey tower completed in 2016.

What is unit 1103 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 1103, The Distinction

Starts from the last sale price (AED 2.55M, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,545,300
Deposit, UAE resident (20%)
AED 509,060
Deposit, non-resident (40%)
AED 1,018,120
Monthly over 25 years at 3.7%
AED 10,414

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