2-bed · 1,587 sqftAct One, Downtown Dubai · 5th floor · completed 2022

511, Act One

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 18 March 2022
Last soldAED 3.94M18 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Act One

What is 511 worth today?

Last sold for AED 3,944,888 in 2022

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18 Mar 2022Sold by developerOff-plan
AED 3,944,888AED 2,485 per sqft

Source: Dubai Land Department. Updated 18 March 2022.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
5th of 49
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 28,700 /yr
Last sold
AED 3.94M · March 2022
Building
Act One

About 511, Act One

511 is a two-bedroom apartment of 1,587 sqft on the 5th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 18 March 2022 for AED 3,944,888, or AED 2,485 per sqft, in line with the AED 2,465 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in Act One
3M4M2016201920222025Typical 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, March 2022: AED 3,944,888 (AED 2,485 per sqft)

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

Rents
Unit 511, 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 165,000

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 511 sits

All 190 2-beds →

511 last sold in March 2022 at AED 2,485 per sqft, in line with what two-beds in Act One were fetching at the time (AED 2,465). 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 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 5th floor

All 418 units in Act One
Value
5012-bedAED 3.2M · Apr 2024
5021-bedAED 1.75M · May 2024
5032-bedAED 2.33M · May 2024
5041-bedAED 2.3M · Mar 2026
5051-bedAED 1.56M · Apr 2024
5061-bedAED 1M · Apr 2024
5071-bedAED 1.6M · May 2024
1–7 of 10

511, Act One in numbers

  • Sold once: by Emaar on 18 March 2022 for AED 3,944,888, or AED 2,485 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 18 March 2022.

Questions about 511, Act One

What did unit 511 last sell for?

AED 3,944,888 on 18 March 2022, sold by the developer: AED 2,485 per sqft for 1,587 sqft. It is the only registered sale of the unit.

How big is unit 511?

1,587 sqft (147.4 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.

What is unit 511 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 511, Act One

Starts from the last sale price (AED 3.94M, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,944,888
Deposit, UAE resident (20%)
AED 788,978
Deposit, non-resident (40%)
AED 1,577,955
Monthly over 25 years at 3.7%
AED 16,140

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