1203, The Distinction
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, The Distinction
What is 1203 worth today?
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Source: Dubai Land Department. Updated 15 February 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,158 sqft
- Floor
- 12th of 52
- Parking
- P1-35, P1-T5
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 6.13M · February 2013
- Building
- The Distinction
About 1203, The Distinction
1203 is a three-bedroom hotel apartment of 2,158 sqft on the 12th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 24 February 2013 for AED 6,126,120, or AED 2,838 per sqft, 27% above the AED 2,240 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 February 2024, is AED 200,000 a year: a gross yield of 3.3% on the 2013 price.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Distinction, and where 1203 sits
All 58 3-beds →1203 last sold in February 2013 at AED 2,838 per sqft, 27% above what three-beds in The Distinction were fetching at the time (AED 2,240). Over the last 12 months three-beds sold for AED 2,470,000 to 3,517,480, around AED 1,895 per sqft, and rent for AED 138,462 to 240,000 a year. 1203's AED 200,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,741 sqft | 3,300,000 | 1,895 | ||
| 21 Sep 202621 September 2026 | 1,214 sqft | 2,530,000 | 2,084 | ||
| 2 Apr 20262 April 2026 | 1,770 sqft | 3,517,480 | 1,986 | ||
| 30 Mar 202630 March 2026 | 1,770 sqft | 2,470,000 | 1,395 |
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 12th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 767 sqft | AED 1.87MAED 1,873,200 · Jan 2013January 2013 | 90,000 /yr | |
| 1202 | 2-bed | 1,320 sqft | AED 4.58MAED 4,583,750 · Apr 2014April 2014 | ||
| 1204 | 2-bed | 1,239 sqft | AED 3.14MAED 3,140,200 · Jan 2013January 2013 | 154,000 /yr | |
| 1205 | 1-bed | 892 sqft | AED 2.47MAED 2,472,960 · Nov 2014November 2014 | 105,000 /yr | |
| 1206 | Studio | 520 sqft | AED 1.42MAED 1,415,400 · Feb 2013February 2013 | 67,000 /yr | |
| 1207 | 3-bed | 1,762 sqft | AED 3.88MAED 3,879,000 · May 2017May 2017 | 110,400 /yr |
1203, The Distinction in numbers
- Sold once: by DAMAC on 24 February 2013 for AED 6,126,120, or AED 2,838 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 150,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2013 price is 3.3%.
- Three-beds in The Distinction sold for AED 2,470,000–3,517,480 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 15 February 2024.
Questions about 1203, The Distinction
What did unit 1203 last sell for?
AED 6,126,120 on 24 February 2013, sold by the developer: AED 2,838 per sqft for 2,158 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 200,000 a year on the contract signed on 15 February 2024. The previous contract, from November 2022, was AED 155,000; the unit has been rented since November 2021.
How big is unit 1203?
2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 12th floor of a 52-storey tower completed in 2016.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 2,470,000 to 3,517,480 in the last 12 months, around AED 1,895 per sqft.
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Mortgage on 1203, The Distinction
Starts from the last sale price (AED 6.13M, 24 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 6,126,120
- Deposit, UAE resident (20%)
- AED 1,225,224
- Deposit, non-resident (40%)
- AED 2,450,448
- Monthly over 25 years at 3.7%
- AED 25,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →