1-bed · 767 sqftThe Distinction, Downtown Dubai · 8th floor · completed 2016

801, The Distinction

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.3M11 October 2018
Current rentAED 85K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, The Distinction

What is 801 worth today?

Last sold for AED 1,300,000 in 2018

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1 Jul 2024RentedRenewal
AED 84,700/yr12 months · AED 110 per sqft
1 Jul 2023RentedRenewal
AED 77,000/yr12 months · AED 100 per sqft
1 Dec 2021RentedRenewal
AED 69,000/yr12 months · AED 90 per sqft
1 Dec 2019RentedRenewal
AED 72,000/yr12 months · AED 94 per sqft
1 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
11 Oct 2018SoldReady
AED 1,300,000AED 1,695 per sqft
13 Feb 2013Sold by developerOff-plan
AED 1,738,800AED 2,267 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
8th of 52
Parking
P1-08
Developer
DAMAC
Completed
2016
Last sold
AED 1.3M · October 2018

About 801, The Distinction

801 is a one-bedroom hotel apartment of 767 sqft on the 8th floor of The Distinction, a 52-storey tower in Downtown Dubai completed in 2016 by DAMAC. It last sold on 11 October 2018 for AED 1,300,000, or AED 1,695 per sqft, 15% below the AED 1,999 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 84,700 a year: a gross yield of 6.5% on the 2018 price.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical one-bed in The Distinction
1M2M2012201620202024Typical sale price by year: 2012 AED 1,773,750; 2013 AED 1,997,950; 2014 AED 2,317,290; 2015 AED 2,376,000; 2016 AED 1,683,850; 2017 AED 1,750,000; 2018 AED 1,416,610; 2019 AED 1,400,000; 2020 AED 1,075,000; 2022 AED 1,205,000; 2023 AED 1,460,000; 2024 AED 1,402,894; 2025 AED 1,380,000Sold by developer, February 2013: AED 1,738,800 (AED 2,267 per sqft)Sold, October 2018: AED 1,300,000 (AED 1,695 per sqft)

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

Rents
Unit 801, each contractTypical one-bed in The Distinction
60K80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 69,000; 2021 AED 65,000; 2022 AED 78,750; 2023 AED 90,000; 2024 AED 97,000; 2025 AED 100,000; 2026 AED 106,500New contract, December 2018: AED 90,000 a yearRenewal, December 2019: AED 72,000 a yearRenewal, December 2021: AED 69,000 a yearRenewal, July 2023: AED 77,000 a yearRenewal, July 2024: AED 84,700 a year

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 801 sits

All 92 1-beds →

801 last sold in October 2018 at AED 1,695 per sqft, 15% below what one-beds in The Distinction were fetching at the time (AED 1,999). 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. 801's AED 84,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20261,550,000
14 Apr 20251,050,000
6 Mar 20251,450,000
4 Feb 20251,270,000
2 1-bed sales 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 8th floor

All 305 units in The Distinction
Value
8022-bedAED 3.09M · Dec 2014
8033-bedAED 4.58M · Jan 2013
8042-bedAED 2.92M · Jul 2014
8051-bedAED 2.03M · Mar 2014
806StudioAED 900K · Jul 2019
8073-bedAED 3.88M · Jun 2017

801, The Distinction in numbers

  • Sold twice: first on 13 February 2013 for AED 1,738,800, last on 11 October 2018 for AED 1,300,000 (AED 1,695 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 69,000 in 2021 and recovered to AED 84,700 by July 2024.
  • At AED 84,700 a year the gross yield on the 2018 price is 6.5%.
  • 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 1 July 2024.

Questions about 801, The Distinction

What did unit 801 last sell for?

AED 1,300,000 on 11 October 2018: AED 1,695 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,738,800 in February 2013.

What is the rent for unit 801?

AED 84,700 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 77,000; the unit has been rented since December 2018.

How big is unit 801?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 8th floor of a 52-storey tower completed in 2016.

What is unit 801 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 801, The Distinction

Starts from the last sale price (AED 1.3M, 11 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →