1602, Act One
Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Act One
What is 1602 worth today?
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Source: Dubai Land Department. Updated 28 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 662 sqft
- Floor
- 16th of 49
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.54M · October 2020
- Building
- Act One
About 1602, Act One
1602 is a one-bedroom apartment of 662 sqft on the 16th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 1 October 2020 for AED 1,539,888, or AED 2,325 per sqft, in line with the AED 2,345 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 28 April 2026, is AED 135,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Act One, and where 1602 sits
All 134 1-beds →1602 last sold in October 2020 at AED 2,325 per sqft, in line with what one-beds in Act One were fetching at the time (AED 2,345). Over the last 12 months one-beds sold for AED 2,000,000 to 2,400,000, around AED 3,264 per sqft, and rent for AED 70,000 to 157,500 a year. 1602's AED 135,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 662 sqft | 2,160,000 | 3,264 | ||
| 1 Sep 20261 September 2026 | 717 sqft | 2,025,000 | 2,825 | ||
| 24 Jul 202624 July 2026 | 610 sqft | 2,100,000 | 3,440 | ||
| 22 Jun 202622 June 2026 | 652 sqft | 2,000,000 | 3,068 |
Act One
Building418 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%
Other units on the 16th floor
All 418 units in Act One1602, Act One in numbers
- Sold once: by Emaar on 1 October 2020 for AED 1,539,888, or AED 2,325 per sqft.
- Rented since April 2025 on 2 Ejari contracts, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 12,000 a year (AED 18.06 per sqft).
- One-beds in Act One sold for AED 2,000,000–2,400,000 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 28 April 2026.
Questions about 1602, Act One
What did unit 1602 last sell for?
AED 1,539,888 on 1 October 2020, sold by the developer: AED 2,325 per sqft for 662 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 135,000 a year on the contract renewed on 28 April 2026. The previous contract, from April 2025, was AED 135,000.
How big is unit 1602?
662 sqft (61.5 sqm): a one-bedroom apartment on the 16th floor of a 49-storey tower completed in 2022.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Act One sold for AED 2,000,000 to 2,400,000 in the last 12 months, around AED 3,264 per sqft.
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Mortgage on 1602, Act One
Starts from the last sale price (AED 1.54M, 1 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,539,888
- Deposit, UAE resident (20%)
- AED 307,978
- Deposit, non-resident (40%)
- AED 615,955
- Monthly over 25 years at 3.7%
- AED 6,300
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →