2-bed · 1,111 sqftAct One, Downtown Dubai · 28th floor · completed 2022

2804, Act One

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

Unit 2804 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 3.5M3 September 2024
Current rentAED 165K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Act One

What is 2804 worth today?

Last sold for AED 3,500,000 in 2024

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3 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 148 per sqft
3 Sep 2024SoldReady
AED 3,500,000AED 3,149 per sqft
24 Oct 2018Sold by developerOff-plan
AED 2,357,888AED 2,121 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,111 sqft
Floor
28th of 49
Parking
B4-4550
Developer
Emaar
Completed
2022
Service charge
AED 20,100 /yr
Last sold
AED 3.5M · September 2024
Building
Act One

About 2804, Act One

2804 is a two-bedroom apartment of 1,111 sqft on the 28th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 3 September 2024 for AED 3,500,000, or AED 3,149 per sqft, 7% above the AED 2,948 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 October 2024. The current contract, signed on 3 October 2024, is AED 165,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, October 2018: AED 2,357,888 (AED 2,121 per sqft)Sold, September 2024: AED 3,500,000 (AED 3,149 per sqft)

2804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, 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 165,000New contract, October 2024: AED 165,000 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 2804 sits

All 190 2-beds →

2804 last sold in September 2024 at AED 3,149 per sqft, 7% above what two-beds in Act One were fetching at the time (AED 2,948). 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. 2804's AED 165,000 is in the lower 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 28th floor

All 418 units in Act One
Value
28013-bedAED 4.45M · Feb 2017
28022-bedAED 2.8M · Feb 2023
28032-bedAED 3.25M · Sep 2024
28051-bedAED 1.14M · Oct 2019
28061-bedAED 2.15M · Aug 2023
28072-bedAED 3.53M · Sep 2023
28083-bedAED 4.85M · Jun 2026
1–7 of 8

2804, Act One in numbers

  • Sold twice: first on 24 October 2018 for AED 2,357,888, last on 3 September 2024 for AED 3,500,000 (AED 3,149 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 20,100 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 3 October 2024.

Questions about 2804, Act One

What did unit 2804 last sell for?

AED 3,500,000 on 3 September 2024: AED 3,149 per sqft for 1,111 sqft. The unit has 2 registered sales; the first was AED 2,357,888 in October 2018.

What is the rent for unit 2804?

AED 165,000 a year on the contract signed on 3 October 2024.

How big is unit 2804?

1,111 sqft (103.2 sqm): a two-bedroom apartment on the 28th floor of a 49-storey tower completed in 2022.

What is unit 2804 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 2804, Act One

Starts from the last sale price (AED 3.5M, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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