2-bed · 1,426 sqftAct One, Downtown Dubai · 7th floor · completed 2022

711, Act One

Sold prices and rental history: sold 4 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 4.25M31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Act One

What is 711 worth today?

Last sold for AED 4,250,000 in 2024

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31 Jul 2024SoldReady
AED 4,250,000AED 2,981 per sqft
15 Mar 2023SoldOff-plan
AED 3,280,000AED 2,300 per sqft
3 May 2021SoldOff-plan
AED 2,477,250AED 1,737 per sqft
14 Jun 2020Sold by developerOff-plan
AED 3,468,888AED 2,433 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
7th of 49
Parking
B3-3661
Developer
Emaar
Completed
2022
Service charge
AED 25,700 /yr
Last sold
AED 4.25M · July 2024
Building
Act One

About 711, Act One

711 is a two-bedroom apartment of 1,426 sqft on the 7th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 31 July 2024 for AED 4,250,000, or AED 2,981 per sqft, in line with the AED 2,942 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, 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, June 2020: AED 3,468,888 (AED 2,433 per sqft)Sold, May 2021: AED 2,477,250 (AED 1,737 per sqft)Sold, March 2023: AED 3,280,000 (AED 2,300 per sqft)Sold, July 2024: AED 4,250,000 (AED 2,981 per sqft)

711 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 711, 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 711 sits

All 190 2-beds →

711 last sold in July 2024 at AED 2,981 per sqft, in line with what two-beds in Act One were fetching at the time (AED 2,942). 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 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

711, Act One in numbers

  • Sold 4 times: first on 14 June 2020 for AED 3,468,888, last on 31 July 2024 for AED 4,250,000 (AED 2,981 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 31 July 2024.

Questions about 711, Act One

What did unit 711 last sell for?

AED 4,250,000 on 31 July 2024: AED 2,981 per sqft for 1,426 sqft. The unit has 4 registered sales; the first was AED 3,468,888 in June 2020.

How big is unit 711?

1,426 sqft (132.5 sqm): a two-bedroom apartment on the 7th floor of a 49-storey tower completed in 2022.

What is unit 711 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 711, Act One

Starts from the last sale price (AED 4.25M, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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