Studio · 520 sqftThe Distinction, Downtown Dubai · 10th floor · completed 2016

1006, The Distinction

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 475K25 April 2018
Current rentAED 70K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, The Distinction

What is 1006 worth today?

Last sold for AED 475,000 in 2018

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8 Jul 2024RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
20 May 2023RentedNew contract
AED 72,000/yr12 months · AED 139 per sqft
1 May 2022RentedNew contract
AED 90,000/yr12 months · AED 174 per sqft
15 Aug 2018RentedNew contract
AED 73,000/yr12 months · AED 141 per sqft
25 Apr 2018SoldReady
AED 475,000AED 913 per sqft
2 Jan 2013Sold by developerOff-plan
AED 1,404,900AED 2,702 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
10th of 52
Parking
P1-37
Developer
DAMAC
Completed
2016
Last sold
AED 475K · April 2018

About 1006, The Distinction

1006 is a studio of 520 sqft on the 10th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 25 April 2018 for AED 475,000, or AED 913 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 8 July 2024, is AED 70,000 a year: a gross yield of 14.7% on the 2018 price.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical studio in The Distinction
500K1M1.5M2012201420162018Typical sale price by year: 2012 AED 1,148,100; 2013 AED 1,396,850; 2017 AED 1,000,000Sold by developer, January 2013: AED 1,404,900 (AED 2,702 per sqft)Sold, April 2018: AED 475,000 (AED 913 per sqft)

1006 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, each contractTypical studio in The Distinction
60K80K20182020202220242026Typical rent by year: 2021 AED 54,500; 2022 AED 62,500; 2023 AED 78,500; 2024 AED 75,000; 2025 AED 82,250New contract, August 2018: AED 73,000 a yearNew contract, May 2022: AED 90,000 a yearNew contract, May 2023: AED 72,000 a yearNew contract, July 2024: AED 70,000 a year

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 1006 sits

All 19 studios →

Over the last 12 months studios sold for AED 1,123,131, around AED 2,160 per sqft, and rent for AED 82,000 to 117,600 a year. 1006's AED 70,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 20261,123,131
14 Jul 20251,000,000
2 Jun 2025915,000
5 Sep 2024980,000
1 studio sale 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,804
Typical sale
AED 1.8M
Typical rent
AED 143K /yr
Typical yield
6.7%
The Distinction, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 305 units in The Distinction
Value
10011-bedAED 1.86M · Feb 2013
1002AED 2.26M · Nov 2025
10031-bedAED 2.09M · Mar 2014
10042-bedAED 3.12M · Feb 2013
10051-bedAED 2.22M · Mar 2013
10073-bedAED 3.25M · Dec 2022
1003A2-bedAED 3.16M · Mar 2014

1006, The Distinction in numbers

  • Sold twice: first on 2 January 2013 for AED 1,404,900, last on 25 April 2018 for AED 475,000 (AED 913 per sqft).
  • Rented since August 2018 on 4 Ejari contracts, from AED 73,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 14.7%.
  • Studios in The Distinction sold for AED 1,123,131–1,123,131 in the 12 months to November 2026; the building's median across all types is AED 1,804 per sqft.

Source: Dubai Land Department. Updated 8 July 2024.

Questions about 1006, The Distinction

What did unit 1006 last sell for?

AED 475,000 on 25 April 2018: AED 913 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 1,404,900 in January 2013.

What is the rent for unit 1006?

AED 70,000 a year on the contract signed on 8 July 2024. The previous contract, from May 2023, was AED 72,000; the unit has been rented since August 2018.

How big is unit 1006?

520 sqft (48.3 sqm): a studio on the 10th floor of a 52-storey tower completed in 2016.

What is unit 1006 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 1,123,131 to 1,123,131 in the last 12 months, around AED 2,160 per sqft.

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Mortgage on 1006, The Distinction

Starts from the last sale price (AED 475K, 25 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →