702, The Distinction
Sold prices and rental history: sold once, by the developer in December 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, The Distinction
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 December 2014.
Key facts
- Type
- 2-bed apartment
- Size
- 1,320 sqft
- Floor
- 7th of 52
- Parking
- P1-02
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.09M · December 2014
- Building
- The Distinction
About 702, The Distinction
702 is a two-bedroom apartment of 1,320 sqft on the 7th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 1 December 2014 for AED 3,093,960, or AED 2,343 per sqft, 12% below the AED 2,658 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 702 over time
702 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Distinction, and where 702 sits
All 129 2-beds →702 last sold in December 2014 at AED 2,343 per sqft, 12% below what two-beds in The Distinction were fetching at the time (AED 2,658). Over the last 12 months two-beds sold for AED 1,400,000 to 2,600,000, around AED 1,647 per sqft, and rent for AED 80,000 to 230,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,430 sqft | 1,900,000 | 1,328 | ||
| 11 Sep 202611 September 2026 | 1,242 sqft | 1,700,000 | 1,368 | ||
| 22 Jul 202622 July 2026 | 1,424 sqft | 2,000,000 | 1,404 | ||
| 26 Jun 202626 June 2026 | 1,320 sqft | 1,400,000 | 1,060 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 767 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 110,000 /yr | |
| 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 |
702, The Distinction in numbers
- Sold once: by DAMAC on 1 December 2014 for AED 3,093,960, or AED 2,343 per sqft.
- Two-beds in The Distinction sold for AED 1,400,000–2,600,000 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 1 December 2014.
Questions about 702, The Distinction
What did unit 702 last sell for?
AED 3,093,960 on 1 December 2014, sold by the developer: AED 2,343 per sqft for 1,320 sqft. It is the only registered sale of the unit.
How big is unit 702?
1,320 sqft (122.6 sqm): a two-bedroom apartment on the 7th floor of a 52-storey tower completed in 2016.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Distinction sold for AED 1,400,000 to 2,600,000 in the last 12 months, around AED 1,647 per sqft.
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Mortgage on 702, The Distinction
Starts from the last sale price (AED 3.09M, 1 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,093,960
- Deposit, UAE resident (20%)
- AED 618,792
- Deposit, non-resident (40%)
- AED 1,237,584
- Monthly over 25 years at 3.7%
- AED 12,658
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →