701, The Distinction
Sold prices and rental history: sold 5 times, last in April 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Distinction
What is 701 worth today?
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Source: Dubai Land Department. Updated 14 April 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 767 sqft
- Floor
- 7th of 52
- Parking
- P1-01
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.05M · April 2025
- Building
- The Distinction
About 701, The Distinction
701 is a one-bedroom hotel apartment of 767 sqft on the 7th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 14 April 2025 for AED 1,050,000, or AED 1,369 per sqft, 19% below the AED 1,685 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 January 2023, is AED 110,000 a year: a gross yield of 10.5% on the 2025 price.
Sales and rents for 701 over time
701 has sold 5 times; 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 701 sits
All 95 1-beds →701 last sold in April 2025 at AED 1,369 per sqft, 19% below what one-beds in The Distinction were fetching at the time (AED 1,685). 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. 701's AED 110,000 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 7th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,320 sqft | AED 3.09MAED 3,093,960 · Dec 2014December 2014 | ||
| 703 | 1-bed | 917 sqft | AED 1.38MAED 1,375,000 · Aug 2022August 2022 | 105,000 /yr | |
| 704 | 2-bed | 1,238 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | ||
| 705 | 1-bed | 892 sqft | AED 800KAED 800,000 · Feb 2021February 2021 | 75,000 /yr | |
| 706 | Studio | 520 sqft | AED 1.42MAED 1,422,200 · Jul 2014July 2014 | ||
| 707 | 3-bed | 1,762 sqft | AED 4.08MAED 4,084,000 · Apr 2017April 2017 | 200,000 /yr | |
| 703A | 2-bed | 1,239 sqft | AED 2.89MAED 2,885,190 · Apr 2013April 2013 | 140,000 /yr |
701, The Distinction in numbers
- Sold 5 times: first on 3 January 2013 for AED 1,730,400, last on 14 April 2025 for AED 1,050,000 (AED 1,369 per sqft).
- Rented since February 2021 on 3 Ejari contracts, from AED 60,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 10.5%.
- 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 14 April 2025.
Questions about 701, The Distinction
What did unit 701 last sell for?
AED 1,050,000 on 14 April 2025: AED 1,369 per sqft for 767 sqft. The unit has 5 registered sales; the first was AED 1,730,400 in January 2013.
What is the rent for unit 701?
AED 110,000 a year on the contract signed on 1 January 2023. The previous contract, from May 2022, was AED 60,000; the unit has been rented since February 2021.
How big is unit 701?
767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 7th floor of a 52-storey tower completed in 2016.
What is unit 701 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 701, The Distinction
Starts from the last sale price (AED 1.05M, 14 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →