2-bed · 1,100 sqftAct One, Downtown Dubai · 14th floor · completed 2022

1408, Act One

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 26 January 2017
Last soldAED 2.3M26 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Act One

What is 1408 worth today?

Last sold for AED 2,301,888 in 2017

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26 Jan 2017Sold by developerOff-plan
AED 2,301,888AED 2,092 per sqft

Source: Dubai Land Department. Updated 26 January 2017.

Key facts

Type
2-bed apartment
Size
1,100 sqft
Floor
14th of 49
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 19,900 /yr
Last sold
AED 2.3M · January 2017
Building
Act One

About 1408, Act One

1408 is a two-bedroom apartment of 1,100 sqft on the 14th 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 2,301,888, or AED 2,092 per sqft, 4% below the AED 2,177 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1408 over time

Sales
Unit 1408, 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 2,301,888 (AED 2,092 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Act One
180K20232024202520262027Typical rent by year: 2023 AED 187,500; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 165,000

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 1408 sits

All 190 2-beds →

1408 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.

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 14th floor

All 418 units in Act One
Value
14012-bedAED 3.19M · Mar 2019
14021-bedAED 1.75M · Feb 2023
14032-bedAED 2.44M · May 2019
14041-bedAED 1.95M · Jun 2023
14051-bedAED 1.57M · Sep 2016
14061-bedAED 2.15M · May 2026
14071-bedAED 1.51M · Jun 2023
1–7 of 10

1408, Act One in numbers

  • Sold once: by Emaar on 26 January 2017 for AED 2,301,888, or AED 2,092 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 26 January 2017.

Questions about 1408, Act One

What did unit 1408 last sell for?

AED 2,301,888 on 26 January 2017, sold by the developer: AED 2,092 per sqft for 1,100 sqft. It is the only registered sale of the unit.

How big is unit 1408?

1,100 sqft (102.2 sqm): a two-bedroom apartment on the 14th floor of a 49-storey tower completed in 2022.

What is unit 1408 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 1408, Act One

Starts from the last sale price (AED 2.3M, 26 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,301,888
Deposit, UAE resident (20%)
AED 460,378
Deposit, non-resident (40%)
AED 920,755
Monthly over 25 years at 3.7%
AED 9,418

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