Studio · 520 sqftThe Distinction, Downtown Dubai · 16th floor · completed 2016

1606, The Distinction

Sold prices and rental history: sold once, by the developer in November 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 5 November 2014
Last soldAED 2.03M5 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, The Distinction

What is 1606 worth today?

Last sold for AED 2,030,150 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2014Sold by developerOff-plan
AED 2,030,150AED 3,904 per sqft

Source: Dubai Land Department. Updated 5 November 2014.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
16th of 52
Parking
P2-18
Developer
DAMAC
Completed
2016
Last sold
AED 2.03M · November 2014

About 1606, The Distinction

1606 is a studio of 520 sqft on the 16th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 5 November 2014 for AED 2,030,150, or AED 3,904 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical studio in The Distinction
1M1.5M2M2012201620202024Typical 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, November 2014: AED 2,030,150 (AED 3,904 per sqft)

1606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, each contractTypical studio in The Distinction
60K80K2018202120242027Typical 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 80,000

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 1606 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.

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 16th floor

All 305 units in The Distinction
Value
16011-bedAED 1.22M · Apr 2022
16022-bedAED 3.89M · Aug 2015
16033-bedAED 8M · Aug 2014
16042-bedAED 4.45M · Jun 2014
16051-bedAED 3.02M · Jun 2014
16073-bedAED 4.73M · Jun 2015

1606, The Distinction in numbers

  • Sold once: by DAMAC on 5 November 2014 for AED 2,030,150, or AED 3,904 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 5 November 2014.

Questions about 1606, The Distinction

What did unit 1606 last sell for?

AED 2,030,150 on 5 November 2014, sold by the developer: AED 3,904 per sqft for 520 sqft. It is the only registered sale of the unit.

How big is unit 1606?

520 sqft (48.3 sqm): a studio on the 16th floor of a 52-storey tower completed in 2016.

What is unit 1606 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.

Selling 1606? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1606, The Distinction

Starts from the last sale price (AED 2.03M, 5 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,030,150
Deposit, UAE resident (20%)
AED 406,030
Deposit, non-resident (40%)
AED 812,060
Monthly over 25 years at 3.7%
AED 8,306

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