1303, The Distinction
Sold prices and rental history: sold once, by the developer in February 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 1303, The Distinction
What is 1303 worth today?
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Source: Dubai Land Department. Updated 10 May 2025.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,158 sqft
- Floor
- 13th of 52
- Parking
- P2-53, P2-T2
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 5.3M · February 2015
- Building
- The Distinction
About 1303, The Distinction
1303 is a three-bedroom hotel apartment of 2,158 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 12 February 2015 for AED 5,304,000, or AED 2,457 per sqft, 16% below the AED 2,913 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 195,000 a year: a gross yield of 3.7% on the 2015 price.
Sales and rents for 1303 over time
1303 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 1303 sits
All 58 3-beds →1303 last sold in February 2015 at AED 2,457 per sqft, 16% below what three-beds in The Distinction were fetching at the time (AED 2,913). 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. 1303's AED 195,000 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 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 | |
| 1302 | 2-bed | 1,320 sqft | AED 3.33MAED 3,333,600 · Mar 2015March 2015 | 148,500 /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 |
1303, The Distinction in numbers
- Sold once: by DAMAC on 12 February 2015 for AED 5,304,000, or AED 2,457 per sqft.
- Rented since April 2021 on 7 Ejari contracts, from AED 125,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2015 price is 3.7%.
- 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 10 May 2025.
Questions about 1303, The Distinction
What did unit 1303 last sell for?
AED 5,304,000 on 12 February 2015, sold by the developer: AED 2,457 per sqft for 2,158 sqft. It is the only registered sale of the unit.
What is the rent for unit 1303?
AED 195,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2025, was AED 195,000; the unit has been rented since April 2021.
How big is unit 1303?
2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 13th floor of a 52-storey tower completed in 2016.
What is unit 1303 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 1303, The Distinction
Starts from the last sale price (AED 5.3M, 12 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 5,304,000
- Deposit, UAE resident (20%)
- AED 1,060,800
- Deposit, non-resident (40%)
- AED 2,121,600
- Monthly over 25 years at 3.7%
- AED 21,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →