2-bed · 1,307 sqftAct Two, Downtown Dubai · 5th floor · completed 2022

501, Act Two

Sold prices and rental history: sold once, by the developer in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 8 June 2021
Last soldAED 3.2M8 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Act Two

What is 501 worth today?

Last sold for AED 3,204,372 in 2021

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8 Jun 2021Sold by developerOff-plan
AED 3,204,372AED 2,451 per sqft

Source: Dubai Land Department. Updated 8 June 2021.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
5th of 43
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 23,800 /yr
Last sold
AED 3.2M · June 2021
Building
Act Two

About 501, Act Two

501 is a two-bedroom apartment of 1,307 sqft on the 5th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 8 June 2021 for AED 3,204,372, or AED 2,451 per sqft, 7% above the AED 2,300 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, June 2021: AED 3,204,372 (AED 2,451 per sqft)

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

Rents
Unit 501, 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 501 sits

All 162 2-beds →

501 last sold in June 2021 at AED 2,451 per sqft, 7% above what two-beds in Act Two were fetching at the time (AED 2,300). 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 5th floor

All 360 units in Act Two
Value
5021-bedAED 1.76M · Jun 2021
5032-bedAED 2.53M · Jun 2021
5041-bedAED 1.56M · Jun 2021
5051-bedAED 1.55M · Jun 2021
5061-bedAED 1.43M · Jun 2021
5071-bedAED 1.44M · Jun 2021
5082-bedAED 2.37M · Jun 2021
1–7 of 10

501, Act Two in numbers

  • Sold once: by Emaar on 8 June 2021 for AED 3,204,372, or AED 2,451 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 8 June 2021.

Questions about 501, Act Two

What did unit 501 last sell for?

AED 3,204,372 on 8 June 2021, sold by the developer: AED 2,451 per sqft for 1,307 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.

What is unit 501 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 501, Act Two

Starts from the last sale price (AED 3.2M, 8 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,204,372
Deposit, UAE resident (20%)
AED 640,874
Deposit, non-resident (40%)
AED 1,281,749
Monthly over 25 years at 3.7%
AED 13,110

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