508, Act Two
Sold prices and rental history: sold once, by the developer in June 2021, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Act Two
What is 508 worth today?
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Source: Dubai Land Department. Updated 18 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,061 sqft
- Floor
- 5th of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 19,300 /yr
- Last sold
- AED 2.37M · June 2021
- Building
- Act Two
About 508, Act Two
508 is a two-bedroom apartment of 1,061 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 2,365,332, or AED 2,228 per sqft, 3% below the AED 2,300 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 August 2025. The current contract, signed on 18 August 2025, is AED 230,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 19,300 a year.
Sales and rents for 508 over time
508 has sold once; 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 508 sits
All 162 2-beds →508 last sold in June 2021 at AED 2,228 per sqft, 3% below 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. 508's AED 230,000 is in the upper 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 5th floor
All 360 units in Act Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,307 sqft | AED 3.2MAED 3,204,372 · Jun 2021June 2021 | ||
| 502 | 1-bed | 737 sqft | AED 1.76MAED 1,764,372 · Jun 2021June 2021 | 130,000 /yr | |
| 503 | 2-bed | 1,114 sqft | AED 2.53MAED 2,528,532 · Jun 2021June 2021 | ||
| 504 | 1-bed | 657 sqft | AED 1.56MAED 1,559,892 · Jun 2021June 2021 | ||
| 505 | 1-bed | 657 sqft | AED 1.55MAED 1,545,492 · Jun 2021June 2021 | ||
| 506 | 1-bed | 607 sqft | AED 1.43MAED 1,428,372 · Jun 2021June 2021 | ||
| 507 | 1-bed | 611 sqft | AED 1.44MAED 1,437,012 · Jun 2021June 2021 | ||
| 509 | 2-bed | 1,081 sqft | AED 2.85MAED 2,854,932 · Jun 2021June 2021 | 220,000 /yr | |
| 510 | 2-bed | 1,371 sqft | AED 2.84MAED 2,839,572 · Jun 2021June 2021 | ||
| 511 | 2-bed | 795 sqft | AED 3.9MAED 3,897,888 · Jan 2023January 2023 | 280,000 /yr |
508, Act Two in numbers
- Sold once: by Emaar on 8 June 2021 for AED 2,365,332, or AED 2,228 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 19,300 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 18 August 2025.
Questions about 508, Act Two
What did unit 508 last sell for?
AED 2,365,332 on 8 June 2021, sold by the developer: AED 2,228 per sqft for 1,061 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 230,000 a year on the contract signed on 18 August 2025.
How big is unit 508?
1,061 sqft (98.6 sqm): a two-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.
What is unit 508 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 508, Act Two
Starts from the last sale price (AED 2.37M, 8 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,365,332
- Deposit, UAE resident (20%)
- AED 473,066
- Deposit, non-resident (40%)
- AED 946,133
- Monthly over 25 years at 3.7%
- AED 9,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →