Home
Dubai prices
About
Research
3-bed · 1,762 sqftThe Distinction, Downtown Dubai · 7th floor · completed 2016

707, The Distinction

Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 4.08M19 April 2017
Current rentAED 200K /yr12 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 707

Property timeline for 707, The Distinction

What is 707 worth today?

Last sold for AED 4,084,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jun 2023RentedNew contract
AED 200,000/yr12 months · AED 113 per sqft
27 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
19 Apr 2017Sold by developerReady
AED 4,084,000AED 2,317 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
3-bed hotel apartment
Size
1,762 sqft
Floor
7th of 52
Parking
P1-28, P1-T1
Developer
DAMAC
Completed
2016
Last sold
AED 4.08M · April 2017
Building
The Distinction

About 707, The Distinction

707 is a three-bedroom hotel apartment of 1,762 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 19 April 2017 for AED 4,084,000, or AED 2,317 per sqft, 41% below the AED 3,910 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 June 2023, is AED 200,000 a year: a gross yield of 4.9% on the 2017 price.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,126,100; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,264,125; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,000; 2022 AED 2,851,800; 2023 AED 2,730,000; 2024 AED 3,400,000; 2025 AED 3,211,822; 2026 AED 2,915,000Sold by developer, April 2017: AED 4,084,000 (AED 2,317 per sqft)

707 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 707, each contractTypical three-bed in The Distinction
100K150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 110,000; 2021 AED 130,000; 2022 AED 154,000; 2023 AED 175,000; 2024 AED 197,500; 2025 AED 210,000; 2026 AED 200,000New contract, October 2020: AED 110,000 a yearNew contract, June 2023: AED 200,000 a year

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

3-beds in The Distinction, and where 707 sits

All 58 3-beds →

707 last sold in April 2017 at AED 2,317 per sqft, 41% below what three-beds in The Distinction were fetching at the time (AED 3,910). Over the last 12 months three-beds sold for AED 2,470,000 to 3,517,480, around AED 1,895 per sqft, and rent for AED 138,462 to 240,000 a year. 707's AED 200,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20263,300,000
21 Sep 20262,530,000
2 Apr 20263,517,480
30 Mar 20262,470,000
5 3-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
7051-bedAED 800K · Feb 2021
706StudioAED 1.42M · Jul 2014
703A2-bedAED 2.89M · Apr 2013

707, The Distinction in numbers

  • Sold once: by DAMAC on 19 April 2017 for AED 4,084,000, or AED 2,317 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 110,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 4.9%.
  • Three-beds in The Distinction sold for AED 2,470,000–3,517,480 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 12 June 2023.

Questions about 707, The Distinction

What did unit 707 last sell for?

AED 4,084,000 on 19 April 2017, sold by the developer: AED 2,317 per sqft for 1,762 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 200,000 a year on the contract signed on 12 June 2023. The previous contract, from October 2020, was AED 110,000.

How big is unit 707?

1,762 sqft (163.7 sqm): a three-bedroom hotel apartment on the 7th floor of a 52-storey tower completed in 2016.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Distinction sold for AED 2,470,000 to 3,517,480 in the last 12 months, around AED 1,895 per sqft.

Selling 707? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 707, The Distinction

Starts from the last sale price (AED 4.08M, 19 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,084,000
Deposit, UAE resident (20%)
AED 816,800
Deposit, non-resident (40%)
AED 1,633,600
Monthly over 25 years at 3.7%
AED 16,709

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