2-bed · 1,107 sqftAct One, Downtown Dubai · 15th floor · completed 2022

1509, Act One

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 3.55M21 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Act One

What is 1509 worth today?

Last sold for AED 3,550,000 in 2023

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21 Dec 2023SoldReady
AED 3,550,000AED 3,207 per sqft
3 Jan 2017Sold by developerOff-plan
AED 2,937,888AED 2,656 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,107 sqft
Floor
15th of 49
Parking
B4-4736
Developer
Emaar
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 3.55M · December 2023
Building
Act One

About 1509, Act One

1509 is a two-bedroom apartment of 1,107 sqft on the 15th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 21 December 2023 for AED 3,550,000, or AED 3,207 per sqft, 22% above the AED 2,635 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical two-bed in Act One
3M2016201920222025Typical 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 2,937,888 (AED 2,656 per sqft)Sold, December 2023: AED 3,550,000 (AED 3,207 per sqft)

1509 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1509, 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 1509 sits

All 190 2-beds →

1509 last sold in December 2023 at AED 3,207 per sqft, 22% above what two-beds in Act One were fetching at the time (AED 2,635). 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 15th floor

All 418 units in Act One
Value
15012-bedAED 4.94M · May 2024
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
1–7 of 10

1509, Act One in numbers

  • Sold twice: first on 3 January 2017 for AED 2,937,888, last on 21 December 2023 for AED 3,550,000 (AED 3,207 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 21 December 2023.

Questions about 1509, Act One

What did unit 1509 last sell for?

AED 3,550,000 on 21 December 2023: AED 3,207 per sqft for 1,107 sqft. The unit has 2 registered sales; the first was AED 2,937,888 in January 2017.

How big is unit 1509?

1,107 sqft (102.8 sqm): a two-bedroom apartment on the 15th floor of a 49-storey tower completed in 2022.

What is unit 1509 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 1509, Act One

Starts from the last sale price (AED 3.55M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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