2-bed · 1,325 sqftAct One, Downtown Dubai · 15th floor · completed 2022

1501, Act One

Sold prices and rental history: sold twice, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 4.94M29 May 2024
Current rentAED 270K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Act One

What is 1501 worth today?

Last sold for AED 4,942,030 in 2024

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1 Sep 2025RentedNew contract
AED 270,000/yr12 months · AED 204 per sqft
6 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
29 May 2024SoldReady
AED 4,942,030AED 3,728 per sqft
24 Jul 2019Sold by developerOff-plan
AED 3,199,888AED 2,414 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,325 sqft
Floor
15th of 49
Parking
B3-3745
Developer
Emaar
Completed
2022
Service charge
AED 23,900 /yr
Last sold
AED 4.94M · May 2024
Building
Act One

About 1501, Act One

1501 is a two-bedroom apartment of 1,325 sqft on the 15th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 29 May 2024 for AED 4,942,030, or AED 3,728 per sqft, 31% above the AED 2,838 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 270,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Act One
2M4M2016201920222025Typical 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, July 2019: AED 3,199,888 (AED 2,414 per sqft)Sold, May 2024: AED 4,942,030 (AED 3,728 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, each contractTypical two-bed in Act One
200K20232024202520262027Typical rent by year: 2023 AED 187,500; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 165,000New contract, October 2024: AED 140,000 a yearNew contract, September 2025: AED 270,000 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 1501 sits

All 190 2-beds →

1501 last sold in May 2024 at AED 3,728 per sqft, 31% above what two-beds in Act One were fetching at the time (AED 2,838). 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. 1501's AED 270,000 is in the upper 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 15th floor

All 418 units in Act One
Value
15021-bedAED 1.69M · Feb 2017
15032-bedAED 2.45M · Jan 2017
15041-bedAED 2.3M · Mar 2026
15051-bedAED 1.05M · Dec 2019
15061-bedAED 1.3M · Dec 2021
15071-bedAED 1.93M · Sep 2023
15082-bedAED 2M · May 2022
1–7 of 10

1501, Act One in numbers

  • Sold twice: first on 24 July 2019 for AED 3,199,888, last on 29 May 2024 for AED 4,942,030 (AED 3,728 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 140,000 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 23,900 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 2025.

Questions about 1501, Act One

What did unit 1501 last sell for?

AED 4,942,030 on 29 May 2024: AED 3,728 per sqft for 1,325 sqft. The unit has 2 registered sales; the first was AED 3,199,888 in July 2019.

What is the rent for unit 1501?

AED 270,000 a year on the contract signed on 1 September 2025. The previous contract, from October 2024, was AED 140,000.

How big is unit 1501?

1,325 sqft (123.1 sqm): a two-bedroom apartment on the 15th floor of a 49-storey tower completed in 2022.

What is unit 1501 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 1501, Act One

Starts from the last sale price (AED 4.94M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,942,030
Deposit, UAE resident (20%)
AED 988,406
Deposit, non-resident (40%)
AED 1,976,812
Monthly over 25 years at 3.7%
AED 20,219

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