501, Act One
Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Act One
What is 501 worth today?
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Source: Dubai Land Department. Updated 24 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,307 sqft
- Floor
- 5th of 49
- Parking
- B3-3572
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 23,600 /yr
- Last sold
- AED 3.2M · April 2024
- Building
- Act One
About 501, Act One
501 is a two-bedroom apartment of 1,307 sqft on the 5th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 24 April 2024 for AED 3,200,000, or AED 2,448 per sqft, 14% below the AED 2,835 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 190 2-beds →501 last sold in April 2024 at AED 2,448 per sqft, 14% below what two-beds in Act One were fetching at the time (AED 2,835). 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 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 5th floor
All 418 units in Act One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 725 sqft | AED 1.75MAED 1,750,000 · May 2024May 2024 | 125,000 /yr | |
| 503 | 2-bed | 1,106 sqft | AED 2.33MAED 2,325,000 · May 2024May 2024 | ||
| 504 | 1-bed | 657 sqft | AED 2.3MAED 2,300,000 · Mar 2026March 2026 | 110,000 /yr | |
| 505 | 1-bed | 657 sqft | AED 1.56MAED 1,558,844 · Apr 2024April 2024 | 70,000 /yr | |
| 506 | 1-bed | 607 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | 120,000 /yr | |
| 507 | 1-bed | 610 sqft | AED 1.6MAED 1,600,000 · May 2024May 2024 | 125,000 /yr | |
| 508 | 2-bed | 1,040 sqft | AED 3MAED 3,000,000 · Jun 2024June 2024 | 75,000 /yr | |
| 509 | 2-bed | 1,082 sqft | AED 3.6MAED 3,597,888 · Mar 2023March 2023 | 150,000 /yr | |
| 510 | 2-bed | 1,369 sqft | AED 3.27MAED 3,269,888 · Mar 2021March 2021 | 220,000 /yr | |
| 511 | 2-bed | 1,587 sqft | AED 3.94MAED 3,944,888 · Mar 2022March 2022 |
501, Act One in numbers
- Sold twice: first on 1 February 2021 for AED 3,170,994, last on 24 April 2024 for AED 3,200,000 (AED 2,448 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 24 April 2024.
Questions about 501, Act One
What did unit 501 last sell for?
AED 3,200,000 on 24 April 2024: AED 2,448 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 3,170,994 in February 2021.
How big is unit 501?
1,307 sqft (121.4 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.
What is unit 501 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 501, Act One
Starts from the last sale price (AED 3.2M, 24 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →