3-bed · 533 sqftThe Distinction, Downtown Dubai · 17th floor · completed 2016

1707, The Distinction

Sold prices and rental history: sold once, by the developer in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 29 December 2015
Last soldAED 4.73M29 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, The Distinction

What is 1707 worth today?

Last sold for AED 4,732,500 in 2015

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29 Dec 2015Sold by developerOff-plan · flagged as an outlier
AED 4,732,500AED 8,871 per sqft

Source: Dubai Land Department. Updated 29 December 2015.

Key facts

Type
3-bed hotel apartment
Size
533 sqft
Floor
17th of 52
Parking
P2-25
Developer
DAMAC
Completed
2016
Last sold
AED 4.73M · December 2015

About 1707, The Distinction

1707 is a three-bedroom hotel apartment of 533 sqft on the 17th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 29 December 2015 for AED 4,732,500, or AED 8,871 per sqft, 199% above the AED 2,970 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical 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 2,915,000

No registered sale of 1707; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1707, 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 200,000

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 1707 sits

All 58 3-beds →

1707 last sold in December 2015 at AED 8,871 per sqft, 199% above what three-beds in The Distinction were fetching at the time (AED 2,970). 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.

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
17033-bedAED 2.88M · Dec 2021
17042-bedAED 3.36M · Mar 2016
17051-bedAED 1.43M · Sep 2022
1706StudioAED 1.07M · May 2026

1707, The Distinction in numbers

  • Sold once: by DAMAC on 29 December 2015 for AED 4,732,500, or AED 8,871 per sqft.
  • 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 29 December 2015.

Questions about 1707, The Distinction

What did unit 1707 last sell for?

AED 4,732,500 on 29 December 2015, sold by the developer: AED 8,871 per sqft for 533 sqft. It is the only registered sale of the unit.

How big is unit 1707?

533 sqft (49.5 sqm): a three-bedroom hotel apartment on the 17th floor of a 52-storey tower completed in 2016.

What is unit 1707 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 1707, The Distinction

Starts from the last sale price (AED 4.73M, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,732,500
Deposit, UAE resident (20%)
AED 946,500
Deposit, non-resident (40%)
AED 1,893,000
Monthly over 25 years at 3.7%
AED 19,362

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