Studio · 519 sqftThe Distinction, Downtown Dubai · 11th floor · completed 2016

1106, The Distinction

Sold prices and rental history: sold once, by the developer in January 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 1.15M2 January 2013
Current rentAED 47K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, The Distinction

What is 1106 worth today?

Last sold for AED 1,148,100 in 2013

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2 Feb 2022RentedRenewal
AED 47,000/yr12 months · AED 91 per sqft
2 Feb 2021RentedRenewal
AED 47,000/yr12 months · AED 91 per sqft
2 Feb 2020RentedNew contract
AED 54,000/yr12 months · AED 105 per sqft
2 Jan 2013Sold by developerOff-plan
AED 1,148,100AED 2,211 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
Studio apartment
Size
519 sqft
Floor
11th of 52
Parking
P1-44
Developer
DAMAC
Completed
2016
Last sold
AED 1.15M · January 2013

About 1106, The Distinction

1106 is a studio of 519 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 2 January 2013 for AED 1,148,100, or AED 2,211 per sqft, in line with the AED 2,208 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 February 2022, is AED 47,000 a year: a gross yield of 4.1% on the 2013 price.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical studio in The Distinction
1M1.2M1.4M2012201620202024Typical sale price by year: 2012 AED 1,148,100; 2013 AED 1,396,850; 2017 AED 1,000,000; 2026 AED 1,123,131Sold by developer, January 2013: AED 1,148,100 (AED 2,211 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, each contractTypical studio in The Distinction
60K80K2018202120242027Typical rent by year: 2018 AED 73,000; 2019 AED 50,000; 2021 AED 54,000; 2022 AED 62,500; 2023 AED 78,500; 2024 AED 75,000; 2025 AED 82,000; 2026 AED 80,000New contract, February 2020: AED 54,000 a yearRenewal, February 2021: AED 47,000 a yearRenewal, February 2022: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Distinction, and where 1106 sits

All 19 studios →

1106 last sold in January 2013 at AED 2,211 per sqft, in line with what studios in The Distinction were fetching at the time (AED 2,208). Over the last 12 months studios sold for AED 1,065,000 to 1,260,000, around AED 2,160 per sqft, and rent for AED 67,000 to 117,600 a year. 1106's AED 47,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jul 20261,260,000
12 May 20261,065,000
6 Feb 20261,123,131
14 Jul 20251,000,000
3 studio 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
11031-bedAED 2.55M · Jan 2017
11042-bedAED 2.68M · Jan 2013
11051-bedAED 1.93M · Jan 2013
11073-bedAED 4.02M · Jan 2013
1103A2-bedAED 3.75M · Mar 2014

1106, The Distinction in numbers

  • Sold once: by DAMAC on 2 January 2013 for AED 1,148,100, or AED 2,211 per sqft.
  • Rented since February 2020 on 3 Ejari contracts, from AED 54,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2013 price is 4.1%.
  • Studios in The Distinction sold for AED 1,065,000–1,260,000 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 2 February 2022.

Questions about 1106, The Distinction

What did unit 1106 last sell for?

AED 1,148,100 on 2 January 2013, sold by the developer: AED 2,211 per sqft for 519 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 47,000 a year on the contract renewed on 2 February 2022. The previous contract, from February 2021, was AED 47,000; the unit has been rented since February 2020.

How big is unit 1106?

519 sqft (48.2 sqm): a studio on the 11th floor of a 52-storey tower completed in 2016.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Distinction sold for AED 1,065,000 to 1,260,000 in the last 12 months, around AED 2,160 per sqft.

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Mortgage on 1106, The Distinction

Starts from the last sale price (AED 1.15M, 2 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,100
Deposit, UAE resident (20%)
AED 229,620
Deposit, non-resident (40%)
AED 459,240
Monthly over 25 years at 3.7%
AED 4,697

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