1603, The Distinction
Sold prices and rental history: sold once, by the developer in August 2014, 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 1603, The Distinction
What is 1603 worth today?
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Source: Dubai Land Department. Updated 7 August 2014.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,158 sqft
- Floor
- 16th of 52
- Parking
- P2-56, P2-T5
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 8M · August 2014
- Building
- The Distinction
About 1603, The Distinction
1603 is a three-bedroom hotel apartment of 2,158 sqft on the 16th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 7 August 2014 for AED 8,000,200, or AED 3,707 per sqft, 27% above the AED 2,913 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 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 1603 sits
All 54 3-beds →1603 last sold in August 2014 at AED 3,707 per sqft, 27% above 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.
| 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 16th floor
All 305 units in The Distinction| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 767 sqft | AED 1.22MAED 1,223,040 · Apr 2022April 2022 | 90,000 /yr | |
| 1602 | 2-bed | 1,320 sqft | AED 3.89MAED 3,889,200 · Aug 2015August 2015 | 150,000 /yr | |
| 1604 | 2-bed | 1,239 sqft | AED 4.45MAED 4,454,550 · Jun 2014June 2014 | ||
| 1605 | 1-bed | 892 sqft | AED 3.02MAED 3,019,100 · Jun 2014June 2014 | ||
| 1606 | Studio | 520 sqft | AED 2.03MAED 2,030,150 · Nov 2014November 2014 | ||
| 1607 | 3-bed | 1,770 sqft | AED 4.73MAED 4,730,000 · Jun 2015June 2015 |
1603, The Distinction in numbers
- Sold once: by DAMAC on 7 August 2014 for AED 8,000,200, or AED 3,707 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 7 August 2014.
Questions about 1603, The Distinction
What did unit 1603 last sell for?
AED 8,000,200 on 7 August 2014, sold by the developer: AED 3,707 per sqft for 2,158 sqft. It is the only registered sale of the unit.
How big is unit 1603?
2,158 sqft (200.5 sqm): a three-bedroom hotel apartment on the 16th floor of a 52-storey tower completed in 2016.
What is unit 1603 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 1603, The Distinction
Starts from the last sale price (AED 8M, 7 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,200
- Deposit, UAE resident (20%)
- AED 1,600,040
- Deposit, non-resident (40%)
- AED 3,200,080
- Monthly over 25 years at 3.7%
- AED 32,731
Plus AED 341,018 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →