3-bed · 1,770 sqftThe Distinction, Downtown Dubai · 14th floor · completed 2016

1407, The Distinction

Sold prices and rental history: sold twice, last in January 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 2.92M23 January 2025
Current rentAED 160K /yr23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, The Distinction

What is 1407 worth today?

Last sold for AED 2,921,061 in 2025

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23 Jan 2025SoldReady
AED 2,921,061AED 1,649 per sqft
23 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft
23 Jan 2023RentedNew contract
AED 160,000/yr12 months · AED 91 per sqft
13 Dec 2012Sold by developerOff-plan
AED 3,648,450AED 2,060 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
3-bed hotel apartment
Size
1,770 sqft
Floor
14th of 52
Parking
P2-07
Developer
DAMAC
Completed
2016
Last sold
AED 2.92M · January 2025

About 1407, The Distinction

1407 is a three-bedroom hotel apartment of 1,770 sqft on the 14th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 23 January 2025 for AED 2,921,061, or AED 1,649 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 23 January 2024, is AED 160,000 a year: a gross yield of 5.5% on the 2025 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical three-bed in The Distinction
2M4M2012201620202024Typical sale price by year: 2012 AED 4,022,650; 2013 AED 4,771,800; 2014 AED 5,071,960; 2015 AED 5,024,250; 2017 AED 3,879,000; 2018 AED 4,300,000; 2021 AED 1,910,500; 2022 AED 2,851,800; 2023 AED 2,615,000; 2025 AED 3,256,000Sold by developer, December 2012: AED 3,648,450 (AED 2,060 per sqft)Sold, January 2025: AED 2,921,061 (AED 1,649 per sqft)

1407 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1407, each contractTypical three-bed in The Distinction
150K200K2017202020232026Typical rent by year: 2017 AED 205,000; 2018 AED 180,000; 2019 AED 155,000; 2020 AED 117,500; 2021 AED 130,000; 2022 AED 154,500; 2023 AED 175,000; 2024 AED 195,000; 2025 AED 210,000New contract, January 2023: AED 160,000 a yearNew contract, January 2024: AED 160,000 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 1407 sits

All 54 3-beds →

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. 1407's AED 160,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Apr 20253,600,000
25 Feb 20253,256,000
9 Aug 20243,400,000
9 Sep 20233,000,000
1 3-bed 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 14th floor

All 305 units in The Distinction
Value
14011-bedAED 1.27M · Feb 2025
1402AED 2.18M · Sep 2025
1403AED 3.56M · Sep 2025
14042-bedAED 2.04M · Mar 2025
1405AED 1.47M · Aug 2025
1406StudioAED 980K · Sep 2024

1407, The Distinction in numbers

  • Sold twice: first on 13 December 2012 for AED 3,648,450, last on 23 January 2025 for AED 2,921,061 (AED 1,649 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2025 price is 5.5%.
  • 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 23 January 2025.

Questions about 1407, The Distinction

What did unit 1407 last sell for?

AED 2,921,061 on 23 January 2025: AED 1,649 per sqft for 1,770 sqft. The unit has 2 registered sales; the first was AED 3,648,450 in December 2012.

What is the rent for unit 1407?

AED 160,000 a year on the contract signed on 23 January 2024. The previous contract, from January 2023, was AED 160,000.

How big is unit 1407?

1,770 sqft (164.4 sqm): a three-bedroom hotel apartment on the 14th floor of a 52-storey tower completed in 2016.

What is unit 1407 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 1407, The Distinction

Starts from the last sale price (AED 2.92M, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,921,061
Deposit, UAE resident (20%)
AED 584,212
Deposit, non-resident (40%)
AED 1,168,424
Monthly over 25 years at 3.7%
AED 11,951

Plus AED 127,694 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →