703, The Distinction
Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, The Distinction
What is 703 worth today?
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Source: Dubai Land Department. Updated 4 October 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 917 sqft
- Floor
- 7th of 52
- Parking
- P1-03
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.38M · August 2022
- Building
- The Distinction
About 703, The Distinction
703 is a one-bedroom hotel apartment of 917 sqft on the 7th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 19 August 2022 for AED 1,375,000, or AED 1,500 per sqft, in line with the AED 1,473 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 4 October 2026, is AED 105,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 703 over time
703 has sold 3 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 703 sits
All 95 1-beds →703 last sold in August 2022 at AED 1,500 per sqft, in line with what one-beds in The Distinction were fetching at the time (AED 1,473). 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. 703's AED 105,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 767 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 110,000 /yr | |
| 702 | 2-bed | 1,320 sqft | AED 3.09MAED 3,093,960 · Dec 2014December 2014 | ||
| 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 |
703, The Distinction in numbers
- Sold 3 times: first on 15 April 2013 for AED 1,967,700, last on 19 August 2022 for AED 1,375,000 (AED 1,500 per sqft).
- Rented since September 2017 on 3 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 105,000 by October 2026.
- At AED 105,000 a year the gross yield on the 2022 price is 7.6%.
- 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 4 October 2026.
Questions about 703, The Distinction
What did unit 703 last sell for?
AED 1,375,000 on 19 August 2022: AED 1,500 per sqft for 917 sqft. The unit has 3 registered sales; the first was AED 1,967,700 in April 2013.
What is the rent for unit 703?
AED 105,000 a year on the contract signed on 4 October 2026. The previous contract, from September 2021, was AED 60,000; the unit has been rented since September 2017.
How big is unit 703?
917 sqft (85.2 sqm): a one-bedroom hotel apartment on the 7th floor of a 52-storey tower completed in 2016.
What is unit 703 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 703, The Distinction
Starts from the last sale price (AED 1.38M, 19 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →