1501, The Distinction
Sold prices and rental history: sold twice, last in May 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, The Distinction
What is 1501 worth today?
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Source: Dubai Land Department. Updated 4 May 2015.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 767 sqft
- Floor
- 15th of 52
- Parking
- P2-08
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.65M · May 2015
- Building
- The Distinction
About 1501, The Distinction
1501 is a one-bedroom hotel apartment of 767 sqft on the 15th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 4 May 2015 for AED 1,650,000, or AED 2,152 per sqft, 22% below the AED 2,773 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Distinction, and where 1501 sits
All 92 1-beds →1501 last sold in May 2015 at AED 2,152 per sqft, 22% below what one-beds in The Distinction were fetching at the time (AED 2,773). Over the last 12 months one-beds sold for AED 1,550,000 to 1,800,960, around AED 1,849 per sqft, and rent for AED 80,000 to 110,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 892 sqft | 1,550,000 | 1,737 | ||
| 14 Apr 202514 April 2025 | 767 sqft | 1,050,000 | 1,369 | ||
| 6 Mar 20256 March 2025 | 766 sqft | 1,450,000 | 1,893 | ||
| 4 Feb 20254 February 2025 | 767 sqft | 1,270,000 | 1,656 |
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 15th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,320 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 160,000 /yr | |
| 1503 | 3-bed | 923 sqft | AED 4.34MAED 4,338,000 · May 2015May 2015 | 98,000 /yr | |
| 1504 | 2-bed | 1,239 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 160,000 /yr | |
| 1505 | 1-bed | 892 sqft | AED 1.55MAED 1,550,000 · Feb 2026February 2026 | 69,000 /yr | |
| 1506 | Studio | 520 sqft | AED 1.12MAED 1,123,131 · Feb 2026February 2026 | ||
| 1507 | 3-bed | 1,770 sqft | AED 3MAED 3,000,000 · Oct 2017October 2017 |
1501, The Distinction in numbers
- Sold twice: first on 21 November 2012 for AED 1,650,000, last on 4 May 2015 for AED 1,650,000 (AED 2,152 per sqft).
- One-beds in The Distinction sold for AED 1,550,000–1,800,960 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 4 May 2015.
Questions about 1501, The Distinction
What did unit 1501 last sell for?
AED 1,650,000 on 4 May 2015: AED 2,152 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in November 2012.
How big is unit 1501?
767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 15th floor of a 52-storey tower completed in 2016.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Distinction sold for AED 1,550,000 to 1,800,960 in the last 12 months, around AED 1,849 per sqft.
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Mortgage on 1501, The Distinction
Starts from the last sale price (AED 1.65M, 4 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →