1502, The Distinction
Sold prices and rental history: sold twice, last in October 2024, 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 1502, The Distinction
What is 1502 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,320 sqft
- Floor
- 15th of 52
- Parking
- P2-09
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2M · October 2024
- Building
- The Distinction
About 1502, The Distinction
1502 is a two-bedroom hotel apartment of 1,320 sqft on the 15th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 3 October 2024 for AED 2,000,000, or AED 1,514 per sqft, 15% below the AED 1,772 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 25 January 2026, is AED 160,000 a year: a gross yield of 8.0% on the 2024 price.
Sales and rents for 1502 over time
1502 has sold twice; 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 1502 sits
All 129 2-beds →1502 last sold in October 2024 at AED 1,514 per sqft, 15% below what two-beds in The Distinction were fetching at the time (AED 1,772). 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. 1502's AED 160,000 is in the upper 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 15th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 767 sqft | AED 1.32MAED 1,317,611 · Sep 2026September 2026 | ||
| 1503 | 3-bed | 923 sqft | AED 4.34MAED 4,338,000 · May 2015May 2015 | 98,000 /yr | |
| 1504 | 2-bed | 1,239 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 160,000 /yr | |
| 1505 | 1-bed | 892 sqft | AED 1.55MAED 1,550,000 · Feb 2026February 2026 | 69,000 /yr | |
| 1506 | Studio | 520 sqft | AED 1.12MAED 1,123,131 · Feb 2026February 2026 | ||
| 1507 | 3-bed | 1,770 sqft | AED 2.47MAED 2,470,000 · Mar 2026March 2026 |
1502, The Distinction in numbers
- Sold twice: first on 21 November 2012 for AED 2,774,000, last on 3 October 2024 for AED 2,000,000 (AED 1,514 per sqft).
- Rented since August 2021 on 4 Ejari contracts, from AED 85,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2024 price is 8.0%.
- 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 25 January 2026.
Questions about 1502, The Distinction
What did unit 1502 last sell for?
AED 2,000,000 on 3 October 2024: AED 1,514 per sqft for 1,320 sqft. The unit has 2 registered sales; the first was AED 2,774,000 in November 2012.
What is the rent for unit 1502?
AED 160,000 a year on the contract signed on 25 January 2026. The previous contract, from October 2024, was AED 200,000; the unit has been rented since August 2021.
How big is unit 1502?
1,320 sqft (122.6 sqm): a two-bedroom hotel apartment on the 15th floor of a 52-storey tower completed in 2016.
What is unit 1502 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 1502, The Distinction
Starts from the last sale price (AED 2M, 3 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →