THE DISTINCTION
ReadyDeveloperDAMAC DEVELOPMENT(L L C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
13 years 5 months ago21-08-2012
Handover
9 years 11 months ago15-02-2016
Status
CompleteFinished
Project Description
The project is a residential tower (G+5P+HC+45+Mech+R) built as a concrete structure with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 1,804/sqft
Last 12M:AED 1,731/sqft
Momentum: Last 12Mvs Prior Year
Falling-5%
DeclineLast 12M:AED 1,731/sqft
Prior Year:AED 1,823/sqft
Community Compare: Last 90DDownTown Dubai
Discount-36%
Below AvgProject:AED 1,804/sqft
Community:AED 2,814/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
THE DISTINCTION averaged 7% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
19 units
2 sold17 left
11%
Velocity
1 Bedroom
95 units
8 sold87 left
8%
Velocity
2 Bedrooms
129 units
7 sold122 left
5%
Velocity
3 Bedrooms
58 units
6 sold52 left
10%
Velocity
PENTHOUSE
4 units
0 sold4 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (308)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 16 units | Type Hotel Apartment | Beds 1 B/R | Size 918 sqft | Avg Price AED 1.4M | Last Price AED 1.8M | Last Sold about 1 month ago | Sales 9 |
Units 8 units | Type Flat | Beds 2 B/R | Size 1,426 sqft | Avg Price AED 2.5M | Last Price AED 2.4M | Last Sold about 2 months ago | Sales 3 |
Units 8 units | Type Hotel Apartment | Beds 3 B/R | Size 1,755 sqft | Avg Price AED 2.9M | Last Price AED 3.2M | Last Sold 2 months ago | Sales 3 |
Units 12 units | Type Flat | Beds 2 B/R | Size 1,320 sqft | Avg Price AED 2.0M | Last Price AED 2.3M | Last Sold 2 months ago | Sales 3 |
Units 5 units | Type Flat | Beds 1 B/R | Size 776 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold 4 months ago | Sales 4 |
Units 7 units | Type Flat | Beds 3 B/R | Size 2,158 sqft | Avg Price AED 3.1M | Last Price AED 3.6M | Last Sold 4 months ago | Sales 3 |
Units 9 units | Type Flat | Beds 1 B/R | Size 892 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold 5 months ago | Sales 3 |
Units 9 units | Type Hotel Apartment | Beds 3 B/R | Size 1,770 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold 6 months ago | Sales 7 |
Units 7 units | Type Hotel Apartment | Beds 2 B/R | Size 1,324 sqft | Avg Price AED 2.6M | Last Price AED 2.2M | Last Sold 6 months ago | Sales 7 |
Units 9 units | Type Flat | Beds Studio | Size 520 sqft | Avg Price AED 856K | Last Price AED 1.0M | Last Sold 6 months ago | Sales 5 |
Units 37 units | Type Hotel Apartment | Beds 2 B/R | Size 1,242 sqft | Avg Price AED 2.2M | Last Price AED 2.1M | Last Sold 8 months ago | Sales 16 |
Units 5003 | Type Flat | Beds 3 B/R | Size 2,219 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold 9 months ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.3M | Last Price AED 1.1M | Last Sold 9 months ago | Sales 5 |
Units 9 units | Type Hotel Apartment | Beds 1 B/R | Size 766 sqft | Avg Price AED 1.5M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 6 |
Units 4106 | Type Hotel Apartment | Beds 3 B/R | Size 1,741 sqft | Avg Price AED 3.2M | Last Price AED 3.3M | Last Sold 11 months ago | Sales 2 |
Units 13 units | Type Hotel Apartment | Beds 1 B/R | Size 772 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 12 months ago | Sales 6 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,326 sqft | Avg Price AED 2.1M | Last Price AED 2.0M | Last Sold about 1 year ago | Sales 4 |
Units 4 units | Type Flat | Beds 1 B/R | Size 772 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold about 1 year ago | Sales 2 |
Units 27 units | Type Flat | Beds 2 B/R | Size 1,242 sqft | Avg Price AED 2.0M | Last Price AED 2.3M | Last Sold about 1 year ago | Sales 11 |
Units 3 units | Type Flat | Beds 1 B/R | Size 894 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 2 |
Units 9 units | Type Hotel Apartment | Beds 2 B/R | Size 1,322 sqft | Avg Price AED 2.2M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 5 |
Units 4606 | Type Flat | Beds 3 B/R | Size 1,678 sqft | Avg Price AED 3.2M | Last Price AED 3.5M | Last Sold over 1 year ago | Sales 2 |
Units 4905 | Type Flat | Beds 3 B/R | Size 1,778 sqft | Avg Price AED 3.2M | Last Price AED 3.4M | Last Sold over 1 year ago | Sales 2 |
Units 7 units | Type Hotel Apartment | Beds 2 B/R | Size 1,424 sqft | Avg Price AED 2.5M | Last Price AED 3.1M | Last Sold over 1 year ago | Sales 4 |
Units 2 units | Type Flat | Beds 1 B/R | Size 854 sqft | Avg Price AED 1.8M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 2 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 774 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 5 |
Units 2 units | Type Hotel Apartment | Beds 2 B/R | Size 1,316 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold almost 2 years ago | Sales 1 |
Units 9 units | Type Hotel Apartment | Beds Studio | Size 520 sqft | Avg Price AED 882K | Last Price AED 1.1M | Last Sold almost 2 years ago | Sales 6 |
Units 4407 | Type Hotel Apartment | Beds 2 B/R | Size 1,430 sqft | Avg Price AED 2.9M | Last Price AED 2.5M | Last Sold about 2 years ago | Sales 4 |
Units 4903 | Type Flat | Beds 1 B/R | Size 1,390 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold over 2 years ago | Sales 1 |
Units 4904 | Type Flat | Beds 2 B/R | Size 1,859 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold over 2 years ago | Sales 1 |
Units 4506 | Type Hotel Apartment | Beds 3 B/R | Size 1,678 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold almost 3 years ago | Sales 1 |
Units 4902 | Type Hotel Apartment | Beds 2 B/R | Size 1,301 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold about 3 years ago | Sales 1 |
Units 7 units | Type Hotel Apartment | Beds 3 B/R | Size 2,158 sqft | Avg Price AED 4.1M | Last Price AED 4.8M | Last Sold about 3 years ago | Sales 4 |
Units 9 units | Type Hotel Apartment | Beds 1 B/R | Size 892 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold over 3 years ago | Sales 4 |
Units 2 units | Type Flat | Beds 3 B/R | Size 1,214 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold over 3 years ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 917 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 3 years ago | Sales 1 |
Units 4602 | Type Flat | Beds 2 B/R | Size 1,247 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold almost 4 years ago | Sales 1 |
Units 4306 | Type Flat | Beds 3 B/R | Size 1,720 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold almost 4 years ago | Sales 1 |
Units 4802 | Type Flat | Beds 2 B/R | Size 1,339 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold over 4 years ago | Sales 1 |
Units 3 units | Type Flat | Beds 3 B/R | Size 1,755 sqft | Avg Price AED 2.7M | Last Price AED 1.9M | Last Sold over 4 years ago | Sales 2 |
Units 5001 | Type Hotel Apartment | Beds 1 B/R | Size 620 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5004 | Type Flat | Beds 1 B/R | Size 748 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4806 | Type Flat | Beds 1 B/R | Size 899 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds 1 B/R | Size 917 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Flat | Beds 1 B/R | Size 919 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4705 | Type Flat | Beds 1 B/R | Size 1,008 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4502 | Type Hotel Apartment | Beds 2 B/R | Size 1,265 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4402 | Type Hotel Apartment | Beds 2 B/R | Size 1,281 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4302 | Type Hotel Apartment | Beds 2 B/R | Size 1,295 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4202 | Type Flat | Beds 2 B/R | Size 1,306 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4805 | Type Hotel Apartment | Beds 2 B/R | Size 1,405 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,430 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4507 | Type Hotel Apartment | Beds 2 B/R | Size 1,442 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4804 | Type Hotel Apartment | Beds 2 B/R | Size 1,504 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4803 | Type Hotel Apartment | Beds 2 B/R | Size 1,537 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4406 | Type Hotel Apartment | Beds 3 B/R | Size 1,706 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4206 | Type Hotel Apartment | Beds 3 B/R | Size 1,731 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4006 | Type Flat | Beds 3 B/R | Size 1,745 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Hotel Apartment | Beds 3 B/R | Size 1,762 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5 units | Type Flat | Beds 3 B/R | Size 1,770 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 3 B/R | Size 1,773 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2607 | Type Hotel Apartment | Beds 3 B/R | Size 1,779 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4702 | Type Flat | Beds 3 B/R | Size 1,849 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 5002 | Type Hotel Apartment | Beds 3 B/R | Size 2,169 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds PENTHOUSE | Size 2,276 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Hotel Apartment | Beds PENTHOUSE | Size 2,624 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2606 | Type Flat | Beds Studio | Size 517 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R01 | Type Shop | Beds — | Size 1,919 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R02 | Type Shop | Beds — | Size 5,140 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 601 | Type Shop | Beds — | Size 5,734 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
71 unique layouts covering 308 units