The Distinction

DAMAC · Downtown Dubai · 308 homes · Completed

A completed DAMAC project in Downtown Dubai: 308 homes, handed over in Jan 2017, four quarters after the Q1 2016 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,682 per sqft, 22% below the launch quarter.

Updated 27 Oct 2026
Completed Jan 2017Four quarters after Q1 2016 on the register
308 homesStudios, 1, 2 and 3 bedrooms
Downtown DubaiDubai Land Department project 1329

Prices. Quarter by quarter since launch.

Launch quarter, Q4 2012AED 2,163/sqft
Median paid, Q1 2022AED 1,486/sqft
Sales, Jul 2025 to Jun 202612
Median paidLatest quarterLaunch quarter AED 2,163
1,0002,0003,000Q4 12: AED 2,163/sqft, 22 salesQ1 13: AED 2,314/sqft, 25 salesQ1 14: AED 2,582/sqft, 21 salesQ2 14: AED 3,175/sqft, 11 salesQ1 15: AED 2,898/sqft, 19 salesQ1 22: AED 1,486/sqft, 10 salesQ4 12Q3 14Q2 16Q1 18Q4 19Q1 22
Every quarter as a table
QuarterMedian AED/sqftSales
Q4 20122,16322
Q1 20132,31425
Q1 20142,58221
Q2 20143,17511
Q1 20152,89819
Q1 20221,48610

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ1 2016Q1 20174 quarters latePrice / sqftAED 2,163AED 1,68222% under launch, resale median
Against the area. Median paid.
The Distinction1,682

44% under the Downtown Dubai median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was The Distinction handed over?

In Jan 2017, when the first ready-market sale was registered. The register declared completion for Q1 2016, so it handed over four quarters late.

What do homes in The Distinction sell for?

From Jul 2025 to Jun 2026, 12 homes sold on the register at a median of AED 1,682 per sqft and AED 2.09M per home. By unit type: 2 BR AED 2.19M (6 sales). These are registered deeds, not the developer's price list.

Who built The Distinction?

DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.

How many homes are in The Distinction?

308, as counted on the Dubai Land Department register. The declared mix: 19 studios, 95 1 BR, 129 2 BR, 58 3 BR.

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