1603, Act One
Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Act One
What is 1603 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,167 sqft
- Floor
- 16th of 49
- Parking
- B4-4738
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 21,100 /yr
- Last sold
- AED 2.93M · October 2020
- Building
- Act One
About 1603, Act One
1603 is a two-bedroom apartment of 1,167 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 2,929,888, or AED 2,530 per sqft, in line with the AED 2,516 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 240,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 190 2-beds →1603 last sold in October 2020 at AED 2,530 per sqft, in line with what two-beds in Act One were fetching at the time (AED 2,516). 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. 1603's AED 240,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,110 sqft | 2,950,000 | 2,658 | ||
| 5 Oct 20265 October 2026 | 1,063 sqft | 2,600,000 | 2,445 | ||
| 3 Sep 20263 September 2026 | 370 sqft | 752,800 | 2,032 | ||
| 7 Aug 20267 August 2026 | 1,175 sqft | 2,950,000 | 2,511 |
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 One1603, Act One in numbers
- Sold once: by Emaar on 1 October 2020 for AED 2,929,888, or AED 2,530 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 21,100 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 20 December 2025.
Questions about 1603, Act One
What did unit 1603 last sell for?
AED 2,929,888 on 1 October 2020, sold by the developer: AED 2,530 per sqft for 1,167 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 240,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 240,000.
How big is unit 1603?
1,167 sqft (108.4 sqm): a two-bedroom apartment on the 16th floor of a 49-storey tower completed in 2022.
What is unit 1603 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 1603, Act One
Starts from the last sale price (AED 2.93M, 1 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,929,888
- Deposit, UAE resident (20%)
- AED 585,978
- Deposit, non-resident (40%)
- AED 1,171,955
- Monthly over 25 years at 3.7%
- AED 11,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →