3-bed · 2,158 sqftThe Distinction, Downtown Dubai · 17th floor · completed 2016

1703, The Distinction

Sold prices and rental history: sold twice, last in December 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 2.88M9 December 2021
Current rentAED 211K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, The Distinction

What is 1703 worth today?

Last sold for AED 2,876,401 in 2021

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1 Sep 2025RentedNew contract
AED 210,566/yr12 months · AED 98 per sqft
9 Dec 2021SoldReady
AED 2,876,401AED 1,332 per sqft
25 Aug 2021RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
2 Jan 2013Sold by developerOff-plan
AED 5,574,800AED 2,583 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
3-bed hotel apartment
Size
2,158 sqft
Floor
17th of 52
Parking
P3-52, P3-T3
Developer
DAMAC
Completed
2016
Last sold
AED 2.88M · December 2021

About 1703, The Distinction

1703 is a three-bedroom hotel apartment of 2,158 sqft on the 17th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 9 December 2021 for AED 2,876,401, or AED 1,332 per sqft, in line with the AED 1,332 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 210,566 a year: a gross yield of 7.3% on the 2021 price.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical three-bed in The Distinction
2M4M6M2012201620202024Typical sale price by year: 2012 AED 4,126,100; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,264,125; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,000; 2022 AED 2,851,800; 2023 AED 2,730,000; 2024 AED 3,400,000; 2025 AED 3,211,822; 2026 AED 2,915,000Sold by developer, January 2013: AED 5,574,800 (AED 2,583 per sqft)Sold, December 2021: AED 2,876,401 (AED 1,332 per sqft)

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, each contractTypical three-bed in The Distinction
100K150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 110,000; 2021 AED 130,000; 2022 AED 154,000; 2023 AED 175,000; 2024 AED 197,500; 2025 AED 210,000; 2026 AED 200,000New contract, August 2021: AED 165,000 a yearNew contract, September 2025: AED 210,566 a year

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 1703 sits

All 58 3-beds →

1703 last sold in December 2021 at AED 1,332 per sqft, in line with what three-beds in The Distinction were fetching at the time (AED 1,332). 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. 1703's AED 210,566 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20263,300,000
21 Sep 20262,530,000
2 Apr 20263,517,480
30 Mar 20262,470,000
5 3-bed 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 17th floor

All 305 units in The Distinction
Value
17011-bedAED 1.91M · Jan 2013
17022-bedAED 3.22M · Jan 2013
17042-bedAED 3.36M · Mar 2016
17051-bedAED 1.43M · Sep 2022
1706StudioAED 1.07M · May 2026
17073-bedAED 4.73M · Dec 2015

1703, The Distinction in numbers

  • Sold twice: first on 2 January 2013 for AED 5,574,800, last on 9 December 2021 for AED 2,876,401 (AED 1,332 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, from AED 165,000 to AED 210,566 a year.
  • At AED 210,566 a year the gross yield on the 2021 price is 7.3%.
  • 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 1 September 2025.

Questions about 1703, The Distinction

What did unit 1703 last sell for?

AED 2,876,401 on 9 December 2021: AED 1,332 per sqft for 2,158 sqft. The unit has 2 registered sales; the first was AED 5,574,800 in January 2013.

What is the rent for unit 1703?

AED 210,566 a year on the contract signed on 1 September 2025. The previous contract, from August 2021, was AED 165,000.

How big is unit 1703?

2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 17th floor of a 52-storey tower completed in 2016.

What is unit 1703 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 1703, The Distinction

Starts from the last sale price (AED 2.88M, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,876,401
Deposit, UAE resident (20%)
AED 575,280
Deposit, non-resident (40%)
AED 1,150,560
Monthly over 25 years at 3.7%
AED 11,768

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