1506, The Distinction
Sold prices and rental history: sold 3 times, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, The Distinction
What is 1506 worth today?
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Source: Dubai Land Department. Updated 6 February 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 520 sqft
- Floor
- 15th of 52
- Parking
- P2-12
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.12M · February 2026
- Building
- The Distinction
About 1506, The Distinction
1506 is a studio of 520 sqft on the 15th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 6 February 2026 for AED 1,123,131, or AED 2,160 per sqft, 12% above the AED 1,923 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1506 sits
All 19 studios →1506 last sold in February 2026 at AED 2,160 per sqft, 12% above what studios in The Distinction were fetching at the time (AED 1,923). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202617 July 2026 | 517 sqft | 1,260,000 | 2,437 | ||
| 12 May 202612 May 2026 | 520 sqft | 1,065,000 | 2,048 | ||
| 14 Jul 202514 July 2025 | 520 sqft | 1,000,000 | 1,923 | ||
| 2 Jun 20252 June 2025 | 520 sqft | 915,000 | 1,759 |
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 | ||
| 1502 | 2-bed | 1,320 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 160,000 /yr | |
| 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 | |
| 1507 | 3-bed | 1,770 sqft | AED 2.47MAED 2,470,000 · Mar 2026March 2026 |
1506, The Distinction in numbers
- Sold 3 times: first on 21 November 2012 for AED 1,068,000, last on 6 February 2026 for AED 1,123,131 (AED 2,160 per sqft).
- 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 6 February 2026.
Questions about 1506, The Distinction
What did unit 1506 last sell for?
AED 1,123,131 on 6 February 2026: AED 2,160 per sqft for 520 sqft. The unit has 3 registered sales; the first was AED 1,068,000 in November 2012.
How big is unit 1506?
520 sqft (48.3 sqm): a studio on the 15th floor of a 52-storey tower completed in 2016.
What is unit 1506 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 1506, The Distinction
Starts from the last sale price (AED 1.12M, 6 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,123,131
- Deposit, UAE resident (20%)
- AED 224,626
- Deposit, non-resident (40%)
- AED 449,252
- Monthly over 25 years at 3.7%
- AED 4,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →