2-bed · 1,158 sqftAct One, Downtown Dubai · 10th floor · completed 2022

1003, Act One

Sold prices and rental history: sold once, by the developer in January 2017, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.42M26 January 2017
Current rentAED 200K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Act One

What is 1003 worth today?

Last sold for AED 2,423,888 in 2017

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1 Sep 2024RentedNew contract
AED 200,000/yr12 months · AED 168 per sqft
26 Jan 2017Sold by developerOff-plan
AED 2,423,888AED 2,092 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,158 sqft
Floor
10th of 49
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 20,900 /yr
Last sold
AED 2.42M · January 2017
Building
Act One

About 1003, Act One

1003 is a two-bedroom apartment of 1,158 sqft on the 10th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 26 January 2017 for AED 2,423,888, or AED 2,092 per sqft, 4% below the AED 2,177 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 200,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 20,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Act One
2.5M3M3.5M2016201920222025Typical sale price by year: 2016 AED 2,541,388; 2017 AED 2,486,388; 2018 AED 2,412,388; 2019 AED 2,401,888; 2020 AED 3,316,888; 2021 AED 2,709,456; 2022 AED 2,667,444; 2023 AED 3,125,000; 2024 AED 3,300,000; 2025 AED 3,366,000; 2026 AED 2,950,000Sold by developer, January 2017: AED 2,423,888 (AED 2,092 per sqft)

1003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Act One
160K180K200K20232024202520262027Typical rent by year: 2023 AED 187,500; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 165,000New contract, September 2024: AED 200,000 a year

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

2-beds in Act One, and where 1003 sits

All 190 2-beds →

1003 last sold in January 2017 at AED 2,092 per sqft, 4% below what two-beds in Act One were fetching at the time (AED 2,177). Over the last 12 months two-beds sold for AED 752,800 to 4,900,000, around AED 2,554 per sqft, and rent for AED 75,000 to 345,000 a year. 1003's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,950,000
5 Oct 20262,600,000
3 Sep 2026752,800
7 Aug 20262,950,000
11 2-bed sales in the last 12 months

Act One

Building

418 apartments, 1-bed to 4-bed over 49 floors in Downtown Dubai, completed in 2022 by Emaar. 26 sold in the last 12 months.

Typical price per sqft
AED 3,065 Up 1.1%
Typical sale
AED 2.38M
Typical rent
AED 150K /yr
Typical yield
5.1%
Act One, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 418 units in Act One
Value
10012-bedAED 3.17M · Jan 2017
10021-bedAED 1.67M · Jan 2017
10041-bedAED 1.59M · Feb 2017
10051-bedAED 1.55M · Jan 2017
10061-bedAED 1.75M · Mar 2023
10071-bedAED 1.5M · May 2023
10082-bedAED 2.28M · Dec 2016
1–7 of 10

1003, Act One in numbers

  • Sold once: by Emaar on 26 January 2017 for AED 2,423,888, or AED 2,092 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 20,900 a year (AED 18.06 per sqft).
  • Two-beds in Act One sold for AED 752,800–4,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,065 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 1003, Act One

What did unit 1003 last sell for?

AED 2,423,888 on 26 January 2017, sold by the developer: AED 2,092 per sqft for 1,158 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 200,000 a year on the contract signed on 1 September 2024.

How big is unit 1003?

1,158 sqft (107.6 sqm): a two-bedroom apartment on the 10th floor of a 49-storey tower completed in 2022.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Act One sold for AED 752,800 to 4,900,000 in the last 12 months, around AED 2,554 per sqft.

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Mortgage on 1003, Act One

Starts from the last sale price (AED 2.42M, 26 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,423,888
Deposit, UAE resident (20%)
AED 484,778
Deposit, non-resident (40%)
AED 969,555
Monthly over 25 years at 3.7%
AED 9,917

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