2-bed · 1,111 sqftAct Two, Downtown Dubai · 24th floor · completed 2022

2404, Act Two

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

Unit 2404 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 2.8M25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Act Two

What is 2404 worth today?

Last sold for AED 2,800,000 in 2023

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25 May 2023SoldReady
AED 2,800,000AED 2,519 per sqft
31 Oct 2018Sold by developerOff-plan
AED 2,318,888AED 2,086 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
2-bed apartment
Size
1,111 sqft
Floor
24th of 43
Parking
B4-4535
Developer
Emaar
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 2.8M · May 2023
Building
Act Two

About 2404, Act Two

2404 is a two-bedroom apartment of 1,111 sqft on the 24th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 25 May 2023 for AED 2,800,000, or AED 2,519 per sqft, in line with the AED 2,517 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Act Two
2.5M3M3.5M2016201920222025Typical 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 2,318,888 (AED 2,086 per sqft)Sold, May 2023: AED 2,800,000 (AED 2,519 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Act Two
170K180K190K20232024202520262027Typical rent by year: 2023 AED 187,500; 2024 AED 177,500; 2025 AED 185,000; 2026 AED 170,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Act Two, and where 2404 sits

All 162 2-beds →

2404 last sold in May 2023 at AED 2,519 per sqft, in line with what two-beds in Act Two were fetching at the time (AED 2,517). 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.

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 24th floor

All 360 units in Act Two
Value
24013-bedAED 4.42M · Jan 2019
24022-bedAED 2.46M · Mar 2019
24032-bedAED 2.8M · Sep 2022
24051-bedAED 1.46M · May 2018
24061-bedAED 1.51M · Feb 2019
24072-bedAED 2.33M · Aug 2017
24083-bedAED 3.75M · Oct 2018
1–7 of 8

2404, Act Two in numbers

  • Sold twice: first on 31 October 2018 for AED 2,318,888, last on 25 May 2023 for AED 2,800,000 (AED 2,519 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 25 May 2023.

Questions about 2404, Act Two

What did unit 2404 last sell for?

AED 2,800,000 on 25 May 2023: AED 2,519 per sqft for 1,111 sqft. The unit has 2 registered sales; the first was AED 2,318,888 in October 2018.

How big is unit 2404?

1,111 sqft (103.2 sqm): a two-bedroom apartment on the 24th floor of a 43-storey tower completed in 2022.

What is unit 2404 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 2404, Act Two

Starts from the last sale price (AED 2.8M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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