1302, The Distinction
Sold prices and rental history: sold once, by the developer in March 2015, 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 1302, The Distinction
What is 1302 worth today?
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Source: Dubai Land Department. Updated 24 November 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,320 sqft
- Floor
- 13th of 52
- Parking
- P1-52
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.33M · March 2015
- Building
- The Distinction
About 1302, The Distinction
1302 is a two-bedroom hotel apartment of 1,320 sqft on the 13th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 3 March 2015 for AED 3,333,600, or AED 2,524 per sqft, 6% below the AED 2,698 two-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 24 November 2024, is AED 148,500 a year: a gross yield of 4.5% on the 2015 price.
Sales and rents for 1302 over time
1302 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Distinction, and where 1302 sits
All 129 2-beds →1302 last sold in March 2015 at AED 2,524 per sqft, 6% below what two-beds in The Distinction were fetching at the time (AED 2,698). Over the last 12 months two-beds sold for AED 1,400,000 to 2,600,000, around AED 1,647 per sqft, and rent for AED 80,000 to 230,000 a year. 1302's AED 148,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,430 sqft | 1,900,000 | 1,328 | ||
| 11 Sep 202611 September 2026 | 1,242 sqft | 1,700,000 | 1,368 | ||
| 22 Jul 202622 July 2026 | 1,424 sqft | 2,000,000 | 1,404 | ||
| 26 Jun 202626 June 2026 | 1,320 sqft | 1,400,000 | 1,060 |
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 13th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 767 sqft | AED 2.02MAED 2,016,000 · Mar 2015March 2015 | 100,000 /yr | |
| 1303 | 3-bed | 2,158 sqft | AED 5.3MAED 5,304,000 · Feb 2015February 2015 | 195,000 /yr | |
| 1304 | 2-bed | 1,239 sqft | AED 3.05MAED 3,045,600 · Mar 2015March 2015 | 147,000 /yr | |
| 1305 | 1-bed | 892 sqft | AED 2.19MAED 2,188,800 · Feb 2015February 2015 | 100,000 /yr | |
| 1306 | Studio | 520 sqft | AED 1.31MAED 1,312,800 · Mar 2015March 2015 | 85,000 /yr | |
| 1307 | 3-bed | 1,770 sqft | AED 4.54MAED 4,540,800 · Mar 2015March 2015 | 170,000 /yr |
1302, The Distinction in numbers
- Sold once: by DAMAC on 3 March 2015 for AED 3,333,600, or AED 2,524 per sqft.
- Rented since August 2021 on 4 Ejari contracts, from AED 95,000 to AED 148,500 a year.
- At AED 148,500 a year the gross yield on the 2015 price is 4.5%.
- Two-beds in The Distinction sold for AED 1,400,000–2,600,000 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 24 November 2024.
Questions about 1302, The Distinction
What did unit 1302 last sell for?
AED 3,333,600 on 3 March 2015, sold by the developer: AED 2,524 per sqft for 1,320 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 148,500 a year on the contract signed on 24 November 2024. The previous contract, from November 2023, was AED 135,000; the unit has been rented since August 2021.
How big is unit 1302?
1,320 sqft (122.6 sqm): a two-bedroom hotel apartment on the 13th floor of a 52-storey tower completed in 2016.
What is unit 1302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Distinction sold for AED 1,400,000 to 2,600,000 in the last 12 months, around AED 1,647 per sqft.
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Mortgage on 1302, The Distinction
Starts from the last sale price (AED 3.33M, 3 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,333,600
- Deposit, UAE resident (20%)
- AED 666,720
- Deposit, non-resident (40%)
- AED 1,333,440
- Monthly over 25 years at 3.7%
- AED 13,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →