1-bed · 801 sqftAct One, Downtown Dubai · 7th floor · completed 2022

702, Act One

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 2.15M17 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Act One

What is 702 worth today?

Last sold for AED 2,150,000 in 2023

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17 Oct 2023SoldReady
AED 2,150,000AED 2,684 per sqft
27 Feb 2017Sold by developerOff-plan
AED 1,660,888AED 2,123 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
7th of 49
Parking
B4-4513
Developer
Emaar
Completed
2022
Service charge
AED 14,500 /yr
Last sold
AED 2.15M · October 2023
Building
Act One

About 702, Act One

702 is a one-bedroom apartment of 801 sqft on the 7th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 17 October 2023 for AED 2,150,000, or AED 2,684 per sqft, in line with the AED 2,650 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Act One
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,544,888; 2017 AED 1,546,888; 2018 AED 1,558,888; 2020 AED 1,589,388; 2021 AED 1,620,888; 2022 AED 1,715,888; 2023 AED 1,900,000; 2024 AED 2,170,000; 2025 AED 2,175,000; 2026 AED 2,160,000Sold by developer, February 2017: AED 1,660,888 (AED 2,123 per sqft)Sold, October 2023: AED 2,150,000 (AED 2,684 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Act One
115K120K125K20232024202520262027Typical rent by year: 2023 AED 115,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 114,410

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 702 sits

All 134 1-beds →

702 last sold in October 2023 at AED 2,684 per sqft, in line with what one-beds in Act One were fetching at the time (AED 2,650). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20262,160,000
1 Sep 20262,025,000
24 Jul 20262,100,000
22 Jun 20262,000,000
13 1-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 7th floor

All 418 units in Act One
Value
7012-bedAED 4M · Apr 2025
7032-bedAED 2.41M · Nov 2018
7041-bedAED 1.7M · Apr 2023
7051-bedAED 2M · May 2023
7061-bedAED 1.44M · Feb 2017
7071-bedAED 2.2M · Sep 2024
7082-bedAED 3.15M · Aug 2024
1–7 of 10

702, Act One in numbers

  • Sold twice: first on 27 February 2017 for AED 1,660,888, last on 17 October 2023 for AED 2,150,000 (AED 2,684 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 17 October 2023.

Questions about 702, Act One

What did unit 702 last sell for?

AED 2,150,000 on 17 October 2023: AED 2,684 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,660,888 in February 2017.

How big is unit 702?

801 sqft (74.4 sqm): a one-bedroom apartment on the 7th floor of a 49-storey tower completed in 2022.

What is unit 702 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 702, Act One

Starts from the last sale price (AED 2.15M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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