3-bed · 1,762 sqftThe Distinction, Downtown Dubai · 8th floor · completed 2016

807, The Distinction

Sold prices and rental history: sold once, by the developer in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 13 June 2017
Last soldAED 3.88M13 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, The Distinction

What is 807 worth today?

Last sold for AED 3,879,000 in 2017

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13 Jun 2017Sold by developerOff-plan
AED 3,879,000AED 2,201 per sqft

Source: Dubai Land Department. Updated 13 June 2017.

Key facts

Type
3-bed hotel apartment
Size
1,762 sqft
Floor
8th of 52
Parking
P1-30, P1-T3
Developer
DAMAC
Completed
2016
Last sold
AED 3.88M · June 2017

About 807, The Distinction

807 is a three-bedroom hotel apartment of 1,762 sqft on the 8th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 13 June 2017 for AED 3,879,000, or AED 2,201 per sqft, 5% below the AED 2,317 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 807 over time

Sales
Unit 807, 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, June 2017: AED 3,879,000 (AED 2,201 per sqft)

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

Rents
Unit 807, 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 200,000

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 807 sits

All 58 3-beds →

807 last sold in June 2017 at AED 2,201 per sqft, 5% below what three-beds in The Distinction were fetching at the time (AED 2,317). 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.

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 8th floor

All 305 units in The Distinction
Value
8011-bedAED 1.3M · Oct 2018
8022-bedAED 3.09M · Dec 2014
8033-bedAED 4.58M · Jan 2013
8042-bedAED 2.92M · Jul 2014
8051-bedAED 2.03M · Mar 2014
806StudioAED 900K · Jul 2019

807, The Distinction in numbers

  • Sold once: by DAMAC on 13 June 2017 for AED 3,879,000, or AED 2,201 per sqft.
  • 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 13 June 2017.

Questions about 807, The Distinction

What did unit 807 last sell for?

AED 3,879,000 on 13 June 2017, sold by the developer: AED 2,201 per sqft for 1,762 sqft. It is the only registered sale of the unit.

How big is unit 807?

1,762 sqft (163.7 sqm): a three-bedroom hotel apartment on the 8th floor of a 52-storey tower completed in 2016.

What is unit 807 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.

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Mortgage on 807, The Distinction

Starts from the last sale price (AED 3.88M, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,879,000
Deposit, UAE resident (20%)
AED 775,800
Deposit, non-resident (40%)
AED 1,551,600
Monthly over 25 years at 3.7%
AED 15,870

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