1507, The Distinction
Sold prices and rental history: sold twice, last in October 2017, 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 1507, The Distinction
What is 1507 worth today?
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Source: Dubai Land Department. Updated 11 October 2017.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,770 sqft
- Floor
- 15th of 52
- Parking
- P2-13
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3M · October 2017
- Building
- The Distinction
About 1507, The Distinction
1507 is a three-bedroom hotel apartment of 1,770 sqft on the 15th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 11 October 2017 for AED 3,000,000, or AED 1,694 per sqft, 23% below the AED 2,201 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1507 over time
1507 has sold twice; 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 1507 sits
All 54 3-beds →1507 last sold in October 2017 at AED 1,694 per sqft, 23% below what three-beds in The Distinction were fetching at the time (AED 2,201). 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.
| 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 15th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 767 sqft | AED 1.65MAED 1,650,000 · May 2015May 2015 | ||
| 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, The Distinction in numbers
- Sold twice: first on 21 November 2012 for AED 3,742,000, last on 11 October 2017 for AED 3,000,000 (AED 1,694 per sqft).
- 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 11 October 2017.
Questions about 1507, The Distinction
What did unit 1507 last sell for?
AED 3,000,000 on 11 October 2017: AED 1,694 per sqft for 1,770 sqft. The unit has 2 registered sales; the first was AED 3,742,000 in November 2012.
How big is unit 1507?
1,770 sqft (164.4 sqm): a three-bedroom hotel apartment on the 15th floor of a 52-storey tower completed in 2016.
What is unit 1507 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 1507, The Distinction
Starts from the last sale price (AED 3M, 11 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →