1602, Act Two
Sold prices and rental history: sold twice, last in October 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Act Two
What is 1602 worth today?
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Source: Dubai Land Department. Updated 26 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,160 sqft
- Floor
- 16th of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 21,100 /yr
- Last sold
- AED 2.97M · October 2022
- Building
- Act Two
About 1602, Act Two
1602 is a two-bedroom apartment of 1,160 sqft on the 16th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 18 October 2022 for AED 2,970,000, or AED 2,560 per sqft, 6% above the AED 2,419 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 October 2025, is AED 170,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Act Two, and where 1602 sits
All 162 2-beds →1602 last sold in October 2022 at AED 2,560 per sqft, 6% above what two-beds in Act Two were fetching at the time (AED 2,419). Over the last 12 months two-beds sold for AED 2,750,000 to 3,900,000, around AED 2,682 per sqft, and rent for AED 120,000 to 280,000 a year. 1602's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,430 sqft | 3,900,000 | 2,727 | ||
| 8 Sep 20268 September 2026 | 1,187 sqft | 2,750,000 | 2,315 | ||
| 7 Aug 20267 August 2026 | 1,174 sqft | 2,950,000 | 2,512 | ||
| 16 Jul 202616 July 2026 | 1,325 sqft | 3,750,000 | 2,829 |
Act Two
Building360 apartments, 1-bed to 4-bed over 43 floors in Downtown Dubai, completed in 2022 by Emaar. 26 sold in the last 12 months.
- Typical price per sqft
- AED 2,976 Down 2.8%
- Typical sale
- AED 3.05M
- Typical rent
- AED 165K /yr
- Typical yield
- 5.3%
Other units on the 16th floor
All 360 units in Act Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,845 sqft | AED 4.46MAED 4,464,888 · Jul 2019July 2019 | 290,000 /yr | |
| 1603 | 2-bed | 1,209 sqft | AED 2.46MAED 2,459,888 · Oct 2018October 2018 | 135,000 /yr | |
| 1604 | 2-bed | 1,111 sqft | AED 2.28MAED 2,284,888 · Oct 2019October 2019 | 173,000 /yr | |
| 1605 | 1-bed | 662 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | 110,000 /yr | |
| 1606 | 1-bed | 720 sqft | AED 1.49MAED 1,489,888 · Feb 2017February 2017 | 120,000 /yr | |
| 1607 | 2-bed | 1,131 sqft | AED 2.62MAED 2,617,888 · Jan 2022January 2022 | ||
| 1608 | 3-bed | 1,507 sqft | AED 3.7MAED 3,696,888 · Jan 2017January 2017 | 205,000 /yr | |
| 1609 | 3-bed | 1,826 sqft | AED 4.26MAED 4,259,888 · Nov 2020November 2020 | 295,000 /yr |
1602, Act Two in numbers
- Sold twice: first on 26 January 2017 for AED 2,419,888, last on 18 October 2022 for AED 2,970,000 (AED 2,560 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 180,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 21,100 a year (AED 18.23 per sqft).
- Two-beds in Act Two sold for AED 2,750,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,976 per sqft.
Source: Dubai Land Department. Updated 26 October 2025.
Questions about 1602, Act Two
What did unit 1602 last sell for?
AED 2,970,000 on 18 October 2022: AED 2,560 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 2,419,888 in January 2017.
What is the rent for unit 1602?
AED 170,000 a year on the contract signed on 26 October 2025. The previous contract, from August 2024, was AED 180,000.
How big is unit 1602?
1,160 sqft (107.8 sqm): a two-bedroom apartment on the 16th floor of a 43-storey tower completed in 2022.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Act Two sold for AED 2,750,000 to 3,900,000 in the last 12 months, around AED 2,682 per sqft.
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Mortgage on 1602, Act Two
Starts from the last sale price (AED 2.97M, 18 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,970,000
- Deposit, UAE resident (20%)
- AED 594,000
- Deposit, non-resident (40%)
- AED 1,188,000
- Monthly over 25 years at 3.7%
- AED 12,151
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →