3003, The Distinction
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3003, The Distinction
What is 3003 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 918 sqft
- Floor
- 30th of 52
- Parking
- P3-44
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 950K · February 2022
- Building
- The Distinction
About 3003, The Distinction
3003 is a one-bedroom hotel apartment of 918 sqft on the 30th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 17 February 2022 for AED 950,000, or AED 1,034 per sqft, 20% below the AED 1,289 one-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 1 August 2024, is AED 95,000 a year: a gross yield of 10.0% on the 2022 price.
Sales and rents for 3003 over time
3003 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Distinction, and where 3003 sits
All 95 1-beds →3003 last sold in February 2022 at AED 1,034 per sqft, 20% below what one-beds in The Distinction were fetching at the time (AED 1,289). Over the last 12 months one-beds sold for AED 1,200,000 to 1,800,960, around AED 1,718 per sqft, and rent for AED 36,000 to 125,000 a year. 3003's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 892 sqft | 1,325,000 | 1,485 | ||
| 28 Oct 202628 October 2026 | 892 sqft | 1,300,000 | 1,457 | ||
| 23 Sep 202623 September 2026 | 767 sqft | 1,317,611 | 1,718 | ||
| 27 Aug 202627 August 2026 | 772 sqft | 1,200,000 | 1,554 |
The Distinction
Building305 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%
Other units on the 30th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1-bed | 770 sqft | AED 1.07MAED 1,073,500 · Feb 2022February 2022 | 100,279 /yr | |
| 3002 | 2-bed | 1,322 sqft | AED 1.7MAED 1,700,000 · Dec 2021December 2021 | 157,500 /yr | |
| 3004 | 2-bed | 1,242 sqft | AED 1.6MAED 1,600,000 · Dec 2021December 2021 | 160,000 /yr | |
| 3005 | 2-bed | 1,240 sqft | AED 3.72MAED 3,721,000 · Jun 2017June 2017 | 125,000 /yr | |
| 3006 | 3-bed | 897 sqft | AED 4.49MAED 4,485,950 · Jun 2015June 2015 | ||
| 3007 | 2-bed | 1,424 sqft | AED 3.28MAED 3,277,500 · Dec 2016December 2016 |
3003, The Distinction in numbers
- Sold twice: first on 12 February 2013 for AED 2,444,000, last on 17 February 2022 for AED 950,000 (AED 1,034 per sqft).
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 95,000 by August 2024.
- At AED 95,000 a year the gross yield on the 2022 price is 10.0%.
- One-beds in The Distinction sold for AED 1,200,000–1,800,960 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 August 2024.
Questions about 3003, The Distinction
What did unit 3003 last sell for?
AED 950,000 on 17 February 2022: AED 1,034 per sqft for 918 sqft. The unit has 2 registered sales; the first was AED 2,444,000 in February 2013.
What is the rent for unit 3003?
AED 95,000 a year on the contract signed on 1 August 2024. The previous contract, from June 2023, was AED 100,000; the unit has been rented since September 2017.
How big is unit 3003?
918 sqft (85.3 sqm): a one-bedroom hotel apartment on the 30th floor of a 52-storey tower completed in 2016.
What is unit 3003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Distinction sold for AED 1,200,000 to 1,800,960 in the last 12 months, around AED 1,718 per sqft.
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Mortgage on 3003, The Distinction
Starts from the last sale price (AED 950K, 17 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →