Studio · 520 sqftThe Distinction, Downtown Dubai · 14th floor · completed 2016

1406, The Distinction

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 980K5 September 2024
Current rentAED 118K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, The Distinction

What is 1406 worth today?

Last sold for AED 980,000 in 2024

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5 Dec 2025RentedNew contract
AED 117,600/yr12 months · AED 226 per sqft
22 Aug 2025RentedNew contract
AED 136,484/yr3 months · AED 263 per sqft
5 Sep 2024SoldReady
AED 980,000AED 1,884 per sqft
1 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 154 per sqft
10 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
10 Oct 2021RentedNew contract
AED 56,000/yr12 months · AED 108 per sqft
25 Apr 2018RentedNew contract
AED 75,000/yr12 months · AED 145 per sqft
13 Dec 2012Sold by developerOff-plan
AED 1,041,300AED 2,002 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
14th of 52
Parking
P2-06
Developer
DAMAC
Completed
2016
Last sold
AED 980K · September 2024

About 1406, The Distinction

1406 is a studio of 520 sqft on the 14th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 5 September 2024 for AED 980,000, or AED 1,884 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 5 December 2025, is AED 117,600 a year: a gross yield of 12.0% on the 2024 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, December 2012: AED 1,041,300 (AED 2,002 per sqft)Sold, September 2024: AED 980,000 (AED 1,884 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in The Distinction
50K100K150K2018202120242027Typical 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, April 2018: AED 75,000 a yearNew contract, October 2021: AED 56,000 a yearNew contract, November 2022: AED 65,000 a yearNew contract, March 2024: AED 80,000 a yearNew contract, August 2025: AED 136,484 a yearNew contract, December 2025: AED 117,600 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 1406 sits

All 19 studios →

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. 1406's AED 117,600 is at the top 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 14th floor

All 305 units in The Distinction
Value
14011-bedAED 1.27M · Feb 2025
14022-bedAED 1.4M · Jun 2026
14033-bedAED 3.56M · Sep 2025
14042-bedAED 2.2M · Feb 2026
14051-bedAED 1.47M · Aug 2025
14073-bedAED 2.92M · Jan 2025

1406, The Distinction in numbers

  • Sold twice: first on 13 December 2012 for AED 1,041,300, last on 5 September 2024 for AED 980,000 (AED 1,884 per sqft).
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 56,000 in 2021 and recovered to AED 117,600 by December 2025.
  • At AED 117,600 a year the gross yield on the 2024 price is 12.0%.
  • 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 5 December 2025.

Questions about 1406, The Distinction

What did unit 1406 last sell for?

AED 980,000 on 5 September 2024: AED 1,884 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 1,041,300 in December 2012.

What is the rent for unit 1406?

AED 117,600 a year on the contract signed on 5 December 2025. The previous contract, from August 2025, was AED 136,484; the unit has been rented since April 2018.

How big is unit 1406?

520 sqft (48.3 sqm): a studio on the 14th floor of a 52-storey tower completed in 2016.

What is unit 1406 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 1406, The Distinction

Starts from the last sale price (AED 980K, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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