506, Act One
Sold prices and rental history: sold twice, last in April 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Act One
What is 506 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 607 sqft
- Floor
- 5th of 49
- Parking
- B1-50
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 11,000 /yr
- Last sold
- AED 1M · April 2024
- Building
- Act One
About 506, Act One
506 is a one-bedroom apartment of 607 sqft on the 5th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 30 April 2024 for AED 1,000,000, or AED 1,647 per sqft, 41% below the AED 2,801 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 7 September 2026, is AED 120,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 11,000 a year.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 134 1-beds →506 last sold in April 2024 at AED 1,647 per sqft, 41% below what one-beds in Act One were fetching at the time (AED 2,801). 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. 506's AED 120,000 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 5th floor
All 418 units in Act One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,307 sqft | AED 3.2MAED 3,200,000 · Apr 2024April 2024 | ||
| 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 | |
| 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 |
506, Act One in numbers
- Sold twice: first on 1 February 2021 for AED 1,439,144, last on 30 April 2024 for AED 1,000,000 (AED 1,647 per sqft).
- Rented since April 2024 on 3 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 12.0%, before a service charge of about AED 11,000 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 7 September 2026.
Questions about 506, Act One
What did unit 506 last sell for?
AED 1,000,000 on 30 April 2024: AED 1,647 per sqft for 607 sqft. The unit has 2 registered sales; the first was AED 1,439,144 in February 2021.
What is the rent for unit 506?
AED 120,000 a year on the contract signed on 7 September 2026. The previous contract, from September 2024, was AED 150,000; the unit has been rented since April 2024.
How big is unit 506?
607 sqft (56.4 sqm): a one-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.
What is unit 506 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 506, Act One
Starts from the last sale price (AED 1M, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →