408, Act One
Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Act One
What is 408 worth today?
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Source: Dubai Land Department. Updated 7 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,061 sqft
- Floor
- 4th of 49
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 19,200 /yr
- Last sold
- AED 2.68M · April 2022
- Building
- Act One
About 408, Act One
408 is a two-bedroom apartment of 1,061 sqft on the 4th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 25 April 2022 for AED 2,684,888, or AED 2,529 per sqft, 3% above the AED 2,449 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 7 November 2025, is AED 180,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 19,200 a year.
Sales and rents for 408 over time
408 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 408 sits
All 190 2-beds →408 last sold in April 2022 at AED 2,529 per sqft, 3% above what two-beds in Act One were fetching at the time (AED 2,449). 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. 408's AED 180,000 is in the lower 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 4th floor
All 418 units in Act One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,306 sqft | AED 5MAED 5,000,000 · Apr 2025April 2025 | ||
| 402 | 1-bed | 725 sqft | AED 2.2MAED 2,200,000 · Oct 2024October 2024 | 110,000 /yr | |
| 403 | 2-bed | 1,115 sqft | AED 2.76MAED 2,762,888 · Dec 2021December 2021 | 180,000 /yr | |
| 404 | 1-bed | 657 sqft | AED 2MAED 2,000,000 · May 2026May 2026 | ||
| 405 | 1-bed | 657 sqft | AED 2.25MAED 2,250,000 · Apr 2024April 2024 | 130,000 /yr | |
| 406 | 1-bed | 607 sqft | AED 1.59MAED 1,589,888 · Dec 2021December 2021 | ||
| 407 | 1-bed | 610 sqft | AED 1.53MAED 1,530,000 · Jan 2023January 2023 | 95,000 /yr | |
| 409 | 2-bed | 1,063 sqft | AED 2.6MAED 2,600,000 · Oct 2026October 2026 | ||
| 410 | 2-bed | 1,366 sqft | AED 3.26MAED 3,263,888 · Jan 2022January 2022 | 250,000 /yr | |
| 411 | 2-bed | 1,582 sqft | AED 3.49MAED 3,487,179 · Jan 2025January 2025 |
408, Act One in numbers
- Sold once: by Emaar on 25 April 2022 for AED 2,684,888, or AED 2,529 per sqft.
- Rented since August 2024 on 2 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 19,200 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 7 November 2025.
Questions about 408, Act One
What did unit 408 last sell for?
AED 2,684,888 on 25 April 2022, sold by the developer: AED 2,529 per sqft for 1,061 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 180,000 a year on the contract signed on 7 November 2025. The previous contract, from August 2024, was AED 180,000.
How big is unit 408?
1,061 sqft (98.6 sqm): a two-bedroom apartment on the 4th floor of a 49-storey tower completed in 2022.
What is unit 408 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 408, Act One
Starts from the last sale price (AED 2.68M, 25 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,684,888
- Deposit, UAE resident (20%)
- AED 536,978
- Deposit, non-resident (40%)
- AED 1,073,955
- Monthly over 25 years at 3.7%
- AED 10,985
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →