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1-bed · 892 sqftThe Distinction, Downtown Dubai · 7th floor · completed 2016

705, The Distinction

Sold prices and rental history: sold twice, last in February 2021, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 28 February 2021
Last soldAED 800K28 February 2021
Current rentAED 75K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, The Distinction

What is 705 worth today?

Last sold for AED 800,000 in 2021

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28 Feb 2021SoldReady
AED 800,000AED 897 per sqft
1 Jun 2020RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
13 Feb 2013Sold by developerOff-plan
AED 1,881,600AED 2,109 per sqft

Source: Dubai Land Department. Updated 28 February 2021.

Key facts

Type
1-bed apartment
Size
892 sqft
Floor
7th of 52
Parking
P1-06
Developer
DAMAC
Completed
2016
Last sold
AED 800K · February 2021
Building
The Distinction

About 705, The Distinction

705 is a one-bedroom apartment of 892 sqft on the 7th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 28 February 2021 for AED 800,000, or AED 897 per sqft, 21% below the AED 1,142 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2020. The current contract, signed on 1 June 2020, is AED 75,000 a year: a gross yield of 9.4% on the 2021 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,326,680; 2015 AED 2,376,000; 2016 AED 1,683,850; 2017 AED 1,750,000; 2018 AED 1,416,610; 2019 AED 1,400,000; 2020 AED 1,075,000; 2022 AED 1,205,000; 2023 AED 1,460,000; 2024 AED 1,400,000; 2025 AED 1,460,727; 2026 AED 1,321,306Sold by developer, February 2013: AED 1,881,600 (AED 2,109 per sqft)Sold, February 2021: AED 800,000 (AED 897 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in The Distinction
80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 66,500; 2021 AED 68,000; 2022 AED 77,100; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 100,000New contract, June 2020: AED 75,000 a year

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 705 sits

All 95 1-beds →

705 last sold in February 2021 at AED 897 per sqft, 21% below what one-beds in The Distinction were fetching at the time (AED 1,142). 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. 705's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,325,000
28 Oct 20261,300,000
23 Sep 20261,317,611
27 Aug 20261,200,000
7 1-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 7th floor

All 305 units in The Distinction
Value
7011-bedAED 1.05M · Apr 2025
7022-bedAED 3.09M · Dec 2014
7031-bedAED 1.38M · Aug 2022
7042-bedAED 2.1M · May 2025
706StudioAED 1.42M · Jul 2014
7073-bedAED 4.08M · Apr 2017
703A2-bedAED 2.89M · Apr 2013

705, The Distinction in numbers

  • Sold twice: first on 13 February 2013 for AED 1,881,600, last on 28 February 2021 for AED 800,000 (AED 897 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 9.4%.
  • 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 28 February 2021.

Questions about 705, The Distinction

What did unit 705 last sell for?

AED 800,000 on 28 February 2021: AED 897 per sqft for 892 sqft. The unit has 2 registered sales; the first was AED 1,881,600 in February 2013.

What is the rent for unit 705?

AED 75,000 a year on the contract signed on 1 June 2020.

How big is unit 705?

892 sqft (82.9 sqm): a one-bedroom apartment on the 7th floor of a 52-storey tower completed in 2016.

What is unit 705 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 705, The Distinction

Starts from the last sale price (AED 800K, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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