2-bed · 1,110 sqftAct One, Downtown Dubai · 7th floor · completed 2022

708, Act One

Sold prices and rental history: sold twice, last in August 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 3.15M7 August 2024
Current rentAED 209K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Act One

What is 708 worth today?

Last sold for AED 3,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Sep 2024RentedNew contract
AED 209,418/yr12 months · AED 189 per sqft
7 Aug 2024SoldReady
AED 3,150,000AED 2,837 per sqft
13 Jan 2017Sold by developerOff-plan
AED 2,270,888AED 2,063 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,110 sqft
Floor
7th of 49
Parking
B4-4591
Developer
Emaar
Completed
2022
Service charge
AED 20,100 /yr
Last sold
AED 3.15M · August 2024
Building
Act One

About 708, Act One

708 is a two-bedroom apartment of 1,110 sqft on the 7th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 7 August 2024 for AED 3,150,000, or AED 2,837 per sqft, 4% below the AED 2,948 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2024. The current contract, signed on 30 September 2024, is AED 209,418 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Act One
2.5M3M3.5M2016201920222025Typical 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, January 2017: AED 2,270,888 (AED 2,063 per sqft)Sold, August 2024: AED 3,150,000 (AED 2,837 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Act One
175K200K20232024202520262027Typical rent by year: 2023 AED 187,500; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 165,000New contract, September 2024: AED 209,418 a year

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 708 sits

All 190 2-beds →

708 last sold in August 2024 at AED 2,837 per sqft, 4% below what two-beds in Act One were fetching at the time (AED 2,948). 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. 708's AED 209,418 is in the lower half of that range.

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 7th floor

All 418 units in Act One
Value
7012-bedAED 4M · Apr 2025
7021-bedAED 2.15M · Oct 2023
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
1–7 of 10

708, Act One in numbers

  • Sold twice: first on 13 January 2017 for AED 2,270,888, last on 7 August 2024 for AED 3,150,000 (AED 2,837 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 209,418 a year.
  • At AED 209,418 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 20,100 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 30 September 2024.

Questions about 708, Act One

What did unit 708 last sell for?

AED 3,150,000 on 7 August 2024: AED 2,837 per sqft for 1,110 sqft. The unit has 2 registered sales; the first was AED 2,270,888 in January 2017.

What is the rent for unit 708?

AED 209,418 a year on the contract signed on 30 September 2024.

How big is unit 708?

1,110 sqft (103.1 sqm): a two-bedroom apartment on the 7th floor of a 49-storey tower completed in 2022.

What is unit 708 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.

Selling 708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 708, Act One

Starts from the last sale price (AED 3.15M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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