3-bed · 2,158 sqftThe Distinction, Downtown Dubai · 18th floor · completed 2016

1803, The Distinction

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 2.73M24 August 2023
Current rentAED 210K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, The Distinction

What is 1803 worth today?

Last sold for AED 2,730,000 in 2023

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23 Dec 2024RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
24 Oct 2023RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
24 Aug 2023SoldReady
AED 2,730,000AED 1,265 per sqft
6 Sep 2021RentedRenewal
AED 200,000/yr12 months · AED 93 per sqft
6 Sep 2020RentedRenewal
AED 200,000/yr12 months · AED 93 per sqft
6 Sep 2019RentedRenewal
AED 215,000/yr12 months · AED 100 per sqft
6 Sep 2018RentedRenewal
AED 220,000/yr12 months · AED 102 per sqft
6 Sep 2017RentedNew contract
AED 225,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
3-bed hotel apartment
Size
2,158 sqft
Floor
18th of 52
Parking
P3-53, P3-T2
Developer
DAMAC
Completed
2016
Last sold
AED 2.73M · August 2023

About 1803, The Distinction

1803 is a three-bedroom hotel apartment of 2,158 sqft on the 18th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 24 August 2023 for AED 2,730,000, or AED 1,265 per sqft, 24% below the AED 1,664 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 23 December 2024, is AED 210,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 1803 over time

Sales
Unit 1803, 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 2,915,000Sold by developer, February 2013: AED 4,771,800 (AED 2,211 per sqft)Sold, August 2023: AED 2,730,000 (AED 1,265 per sqft)

1803 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1803, each contractTypical three-bed in The Distinction
100K200K2017202020232026Typical 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, September 2017: AED 225,000 a yearRenewal, September 2018: AED 220,000 a yearRenewal, September 2019: AED 215,000 a yearRenewal, September 2020: AED 200,000 a yearRenewal, September 2021: AED 200,000 a yearNew contract, October 2023: AED 210,000 a yearNew contract, December 2024: AED 210,000 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 1803 sits

All 58 3-beds →

1803 last sold in August 2023 at AED 1,265 per sqft, 24% below what three-beds in The Distinction were fetching at the time (AED 1,664). 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. 1803's AED 210,000 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 18th floor

All 305 units in The Distinction
Value
18011-bedAED 1.82M · Feb 2013
18022-bedAED 3.05M · Feb 2013
18042-bedAED 2.74M · Jan 2013
18051-bedAED 1.97M · Jan 2013
1806StudioAED 1.17M · Jan 2013
18073-bedAED 4.12M · Jan 2013

1803, The Distinction in numbers

  • Sold twice: first on 12 February 2013 for AED 4,771,800, last on 24 August 2023 for AED 2,730,000 (AED 1,265 per sqft).
  • Rented since September 2017 on 7 Ejari contracts, from AED 225,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 7.7%.
  • 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 23 December 2024.

Questions about 1803, The Distinction

What did unit 1803 last sell for?

AED 2,730,000 on 24 August 2023: AED 1,265 per sqft for 2,158 sqft. The unit has 2 registered sales; the first was AED 4,771,800 in February 2013.

What is the rent for unit 1803?

AED 210,000 a year on the contract signed on 23 December 2024. The previous contract, from October 2023, was AED 210,000; the unit has been rented since September 2017.

How big is unit 1803?

2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 18th floor of a 52-storey tower completed in 2016.

What is unit 1803 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 1803, The Distinction

Starts from the last sale price (AED 2.73M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,730,000
Deposit, UAE resident (20%)
AED 546,000
Deposit, non-resident (40%)
AED 1,092,000
Monthly over 25 years at 3.7%
AED 11,169

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