1307, The Distinction
Sold prices and rental history: sold once, by the developer in March 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, The Distinction
What is 1307 worth today?
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Source: Dubai Land Department. Updated 7 September 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,770 sqft
- Floor
- 13th of 52
- Parking
- P2-01
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 4.54M · March 2015
- Building
- The Distinction
About 1307, The Distinction
1307 is a three-bedroom hotel apartment of 1,770 sqft on the 13th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 3 March 2015 for AED 4,540,800, or AED 2,564 per sqft, 12% below the AED 2,913 three-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 7 September 2022, is AED 170,000 a year: a gross yield of 3.7% on the 2015 price.
Sales and rents for 1307 over time
1307 has sold once; the dashed line is the three-bed median of each year in the building.
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 1307 sits
All 54 3-beds →1307 last sold in March 2015 at AED 2,564 per sqft, 12% below what three-beds in The Distinction were fetching at the time (AED 2,913). Over the last 12 months three-beds sold for AED 3,167,644, around AED 1,804 per sqft, and rent for AED 180,000 to 230,000 a year. 1307's AED 170,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Apr 202525 April 2025 | 2,219 sqft | 3,600,000 | 1,622 | ||
| 25 Feb 202525 February 2025 | 1,741 sqft | 3,256,000 | 1,870 | ||
| 23 Jan 202523 January 2025 | 1,770 sqft | 2,921,061 | 1,649 | ||
| 9 Aug 20249 August 2024 | 1,778 sqft | 3,400,000 | 1,912 |
The Distinction
Building305 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%
Other units on the 13th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 767 sqft | AED 2.02MAED 2,016,000 · Mar 2015March 2015 | 100,000 /yr | |
| 1302 | 2-bed | 1,320 sqft | AED 3.33MAED 3,333,600 · Mar 2015March 2015 | 148,500 /yr | |
| 1303 | 3-bed | 2,158 sqft | AED 5.3MAED 5,304,000 · Feb 2015February 2015 | 195,000 /yr | |
| 1304 | 2-bed | 1,239 sqft | AED 3.05MAED 3,045,600 · Mar 2015March 2015 | 147,000 /yr | |
| 1305 | 1-bed | 892 sqft | AED 2.19MAED 2,188,800 · Feb 2015February 2015 | 105,000 /yr | |
| 1306 | Studio | 520 sqft | AED 1.31MAED 1,312,800 · Mar 2015March 2015 | 85,000 /yr |
1307, The Distinction in numbers
- Sold once: by DAMAC on 3 March 2015 for AED 4,540,800, or AED 2,564 per sqft.
- Rented since April 2021 on 2 Ejari contracts, from AED 125,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2015 price is 3.7%.
- Three-beds in The Distinction sold for AED 3,167,644–3,167,644 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 7 September 2022.
Questions about 1307, The Distinction
What did unit 1307 last sell for?
AED 4,540,800 on 3 March 2015, sold by the developer: AED 2,564 per sqft for 1,770 sqft. It is the only registered sale of the unit.
What is the rent for unit 1307?
AED 170,000 a year on the contract signed on 7 September 2022. The previous contract, from April 2021, was AED 125,000.
How big is unit 1307?
1,770 sqft (164.4 sqm): a three-bedroom hotel apartment on the 13th floor of a 52-storey tower completed in 2016.
What is unit 1307 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 3,167,644 to 3,167,644 in the last 12 months, around AED 1,804 per sqft.
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Mortgage on 1307, The Distinction
Starts from the last sale price (AED 4.54M, 3 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 4,540,800
- Deposit, UAE resident (20%)
- AED 908,160
- Deposit, non-resident (40%)
- AED 1,816,320
- Monthly over 25 years at 3.7%
- AED 18,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →