2-bed · 1,111 sqftAct Two, Downtown Dubai · 17th floor · completed 2022

1704, Act Two

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 2.29M28 October 2018
Current rentAED 170K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Act Two

What is 1704 worth today?

Last sold for AED 2,288,888 in 2018

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1 Jul 2026RentedNew contract
AED 169,544/yr12 months · AED 153 per sqft
25 Aug 2025RentedNew contract
AED 160,000/yr12 months · AED 144 per sqft
7 Jul 2024RentedRenewal
AED 157,500/yr12 months · AED 142 per sqft
7 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 135 per sqft
28 Oct 2018Sold by developerOff-plan
AED 2,288,888AED 2,059 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,111 sqft
Floor
17th of 43
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 2.29M · October 2018
Building
Act Two

About 1704, Act Two

1704 is a two-bedroom apartment of 1,111 sqft on the 17th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 28 October 2018 for AED 2,288,888, or AED 2,059 per sqft, in line with the AED 2,069 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 169,544 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Act Two
3M2016201920222025Typical sale price by year: 2016 AED 2,331,888; 2017 AED 2,613,888; 2018 AED 2,412,388; 2019 AED 2,433,888; 2021 AED 2,602,497; 2022 AED 2,850,000; 2023 AED 3,100,000; 2024 AED 3,300,000; 2025 AED 3,400,000; 2026 AED 3,225,000Sold by developer, October 2018: AED 2,288,888 (AED 2,059 per sqft)

1704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Act Two
160K180K202320252027Typical rent by year: 2023 AED 187,500; 2024 AED 177,500; 2025 AED 185,000; 2026 AED 170,000New contract, July 2023: AED 150,000 a yearRenewal, July 2024: AED 157,500 a yearNew contract, August 2025: AED 160,000 a yearNew contract, July 2026: AED 169,544 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 Two, and where 1704 sits

All 162 2-beds →

1704 last sold in October 2018 at AED 2,059 per sqft, in line with what two-beds in Act Two were fetching at the time (AED 2,069). 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. 1704's AED 169,544 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,900,000
8 Sep 20262,750,000
7 Aug 20262,950,000
16 Jul 20263,750,000
11 2-bed sales in the last 12 months

Act Two

Building

360 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%
Act Two, Downtown Dubai: prices, sales and rents →

Other units on the 17th floor

All 360 units in Act Two
Value
17013-bedAED 4.47M · Jan 2019
17022-bedAED 2.42M · Mar 2019
17032-bedAED 2.46M · Jan 2019
17051-bedAED 1.44M · Jul 2017
17061-bedAED 2.23M · Jul 2026
17072-bedAED 2.88M · May 2023
17083-bedAED 5M · May 2023
1–7 of 8

1704, Act Two in numbers

  • Sold once: by Emaar on 28 October 2018 for AED 2,288,888, or AED 2,059 per sqft.
  • Rented since July 2023 on 4 Ejari contracts, from AED 150,000 to AED 169,544 a year.
  • At AED 169,544 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 20,300 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 1 July 2026.

Questions about 1704, Act Two

What did unit 1704 last sell for?

AED 2,288,888 on 28 October 2018, sold by the developer: AED 2,059 per sqft for 1,111 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 169,544 a year on the contract signed on 1 July 2026. The previous contract, from August 2025, was AED 160,000; the unit has been rented since July 2023.

How big is unit 1704?

1,111 sqft (103.2 sqm): a two-bedroom apartment on the 17th floor of a 43-storey tower completed in 2022.

What is unit 1704 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 1704, Act Two

Starts from the last sale price (AED 2.29M, 28 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,288,888
Deposit, UAE resident (20%)
AED 457,778
Deposit, non-resident (40%)
AED 915,555
Monthly over 25 years at 3.7%
AED 9,365

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