Studio · 520 sqftThe Distinction, Downtown Dubai · 17th floor · completed 2016

1706, The Distinction

Sold prices and rental history: sold twice, last in May 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 1.07M12 May 2026
Current rentAED 90K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, The Distinction

What is 1706 worth today?

Last sold for AED 1,065,000 in 2026

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8 Jul 2026RentedNew contract
AED 90,000/yr12 months · AED 173 per sqft
3 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 154 per sqft
12 May 2026SoldReady
AED 1,065,000AED 2,048 per sqft
12 Feb 2013Sold by developerOff-plan
AED 1,477,000AED 2,840 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
17th of 52
Parking
P2-24
Developer
DAMAC
Completed
2016
Last sold
AED 1.07M · May 2026

About 1706, The Distinction

1706 is a studio of 520 sqft on the 17th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 12 May 2026 for AED 1,065,000, or AED 2,048 per sqft, 3% above the AED 1,986 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 8 July 2026, is AED 90,000 a year: a gross yield of 8.5% on the 2026 price.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical studio in The Distinction
1M1.25M1.5M2012201620202024Typical 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, February 2013: AED 1,477,000 (AED 2,840 per sqft)Sold, May 2026: AED 1,065,000 (AED 2,048 per sqft)

1706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1706, 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 80,000New contract, July 2026: AED 90,000 a yearNew contract, July 2026: AED 80,000 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 1706 sits

All 19 studios →

1706 last sold in May 2026 at AED 2,048 per sqft, 3% above what studios in The Distinction were fetching at the time (AED 1,986). 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. 1706's AED 90,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jul 20261,260,000
6 Feb 20261,123,131
14 Jul 20251,000,000
2 Jun 2025915,000
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 17th floor

All 305 units in The Distinction
Value
17011-bedAED 1.91M · Jan 2013
17022-bedAED 3.22M · Jan 2013
17033-bedAED 2.88M · Dec 2021
17042-bedAED 3.36M · Mar 2016
17051-bedAED 1.43M · Sep 2022
17073-bedAED 4.73M · Dec 2015

1706, The Distinction in numbers

  • Sold twice: first on 12 February 2013 for AED 1,477,000, last on 12 May 2026 for AED 1,065,000 (AED 2,048 per sqft).
  • Rented since July 2026 on 2 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 8.5%.
  • 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 8 July 2026.

Questions about 1706, The Distinction

What did unit 1706 last sell for?

AED 1,065,000 on 12 May 2026: AED 2,048 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 1,477,000 in February 2013.

What is the rent for unit 1706?

AED 90,000 a year on the contract signed on 8 July 2026. The previous contract, from July 2026, was AED 80,000.

How big is unit 1706?

520 sqft (48.3 sqm): a studio on the 17th floor of a 52-storey tower completed in 2016.

What is unit 1706 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 1706, The Distinction

Starts from the last sale price (AED 1.07M, 12 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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