Studio · 520 sqftThe Distinction, Downtown Dubai · 7th floor · completed 2016

706, The Distinction

Sold prices and rental history: sold once, by the developer in July 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 23 July 2014
Last soldAED 1.42M23 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, The Distinction

What is 706 worth today?

Last sold for AED 1,422,200 in 2014

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23 Jul 2014Sold by developerOff-plan
AED 1,422,200AED 2,735 per sqft

Source: Dubai Land Department. Updated 23 July 2014.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
7th of 52
Parking
P1-07
Developer
DAMAC
Completed
2016
Last sold
AED 1.42M · July 2014

About 706, The Distinction

706 is a studio of 520 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 23 July 2014 for AED 1,422,200, or AED 2,735 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical studio in The Distinction
1M1.2M1.4M2012201620202024Typical sale price by year: 2012 AED 1,148,100; 2013 AED 1,396,850; 2017 AED 1,000,000; 2026 AED 1,123,131Sold by developer, July 2014: AED 1,422,200 (AED 2,735 per sqft)

706 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 706, each contractTypical studio in The Distinction
60K80K2018202120242027Typical rent by year: 2018 AED 73,000; 2019 AED 50,000; 2021 AED 54,000; 2022 AED 62,500; 2023 AED 78,500; 2024 AED 75,000; 2025 AED 82,000; 2026 AED 80,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Distinction, and where 706 sits

All 19 studios →

Over the last 12 months studios sold for AED 1,065,000 to 1,260,000, around AED 2,160 per sqft, and rent for AED 67,000 to 117,600 a year.

Recent studio salesUnit no.Price (AED)Summary
17 Jul 20261,260,000
12 May 20261,065,000
6 Feb 20261,123,131
14 Jul 20251,000,000
3 studio 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
7051-bedAED 800K · Feb 2021
7073-bedAED 4.08M · Apr 2017
703A2-bedAED 2.89M · Apr 2013

706, The Distinction in numbers

  • Sold once: by DAMAC on 23 July 2014 for AED 1,422,200, or AED 2,735 per sqft.
  • Studios in The Distinction sold for AED 1,065,000–1,260,000 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 23 July 2014.

Questions about 706, The Distinction

What did unit 706 last sell for?

AED 1,422,200 on 23 July 2014, sold by the developer: AED 2,735 per sqft for 520 sqft. It is the only registered sale of the unit.

How big is unit 706?

520 sqft (48.3 sqm): a studio on the 7th floor of a 52-storey tower completed in 2016.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Distinction sold for AED 1,065,000 to 1,260,000 in the last 12 months, around AED 2,160 per sqft.

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Mortgage on 706, The Distinction

Starts from the last sale price (AED 1.42M, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,422,200
Deposit, UAE resident (20%)
AED 284,440
Deposit, non-resident (40%)
AED 568,880
Monthly over 25 years at 3.7%
AED 5,819

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