Studio · 520 sqftThe Distinction, Downtown Dubai · 17th floor · completed 2016

1706, The Distinction

Sold prices and rental history: sold once, by the developer in February 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 12 February 2013
Last soldAED 1.48M12 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, The Distinction

What is 1706 worth today?

Last sold for AED 1,477,000 in 2013

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12 Feb 2013Sold by developerOff-plan
AED 1,477,000AED 2,840 per sqft

Source: Dubai Land Department. Updated 12 February 2013.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
17th of 52
Parking
P2-24
Developer
DAMAC
Completed
2016
Last sold
AED 1.48M · February 2013

About 1706, The Distinction

1706 is a studio of 520 sqft on the 17th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. The developer sold it on 12 February 2013 for AED 1,477,000, or AED 2,840 per sqft, 26% above the AED 2,259 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical studio in The Distinction
1M1.25M1.5M2012201420162018Typical sale price by year: 2012 AED 1,148,100; 2013 AED 1,396,850; 2017 AED 1,000,000Sold by developer, February 2013: AED 1,477,000 (AED 2,840 per sqft)

1706 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1706, each contractTypical studio in The Distinction
60K80K202120232025Typical rent by year: 2021 AED 54,500; 2022 AED 62,500; 2023 AED 78,500; 2024 AED 75,000; 2025 AED 82,250

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Distinction, and where 1706 sits

All 19 studios →

1706 last sold in February 2013 at AED 2,840 per sqft, 26% above what studios in The Distinction were fetching at the time (AED 2,259). Over the last 12 months studios sold for AED 1,123,131, around AED 2,160 per sqft, and rent for AED 82,000 to 117,600 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 20261,123,131
14 Jul 20251,000,000
2 Jun 2025915,000
5 Sep 2024980,000
1 studio 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 17th floor

All 305 units in The Distinction
Value
17011-bedAED 1.91M · Jan 2013
17022-bedAED 3.22M · Jan 2013
17033-bedAED 2.88M · Dec 2021
17042-bedAED 3.36M · Mar 2016
17051-bedAED 1.43M · Sep 2022
17073-bedAED 4.73M · Dec 2015

1706, The Distinction in numbers

  • Sold once: by DAMAC on 12 February 2013 for AED 1,477,000, or AED 2,840 per sqft.
  • Studios in The Distinction sold for AED 1,123,131–1,123,131 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 12 February 2013.

Questions about 1706, The Distinction

What did unit 1706 last sell for?

AED 1,477,000 on 12 February 2013, sold by the developer: AED 2,840 per sqft for 520 sqft. It is the only registered sale of the unit.

How big is unit 1706?

520 sqft (48.3 sqm): a studio on the 17th floor of a 52-storey tower completed in 2016.

What is unit 1706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Distinction sold for AED 1,123,131 to 1,123,131 in the last 12 months, around AED 2,160 per sqft.

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Mortgage on 1706, The Distinction

Starts from the last sale price (AED 1.48M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,477,000
Deposit, UAE resident (20%)
AED 295,400
Deposit, non-resident (40%)
AED 590,800
Monthly over 25 years at 3.7%
AED 6,043

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →