1-bed · 662 sqftAct Two, Downtown Dubai · 7th floor · completed 2022

706, Act Two

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

Unit 706 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 2.25M27 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Act Two

What is 706 worth today?

Last sold for AED 2,250,000 in 2023

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27 Oct 2023SoldReady
AED 2,250,000AED 3,399 per sqft
28 Jun 2022Sold by developerOff-plan
AED 1,633,888AED 2,468 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
1-bed apartment
Size
662 sqft
Floor
7th of 43
Parking
B2-2518
Developer
Emaar
Completed
2022
Service charge
AED 12,100 /yr
Last sold
AED 2.25M · October 2023
Building
Act Two

About 706, Act Two

706 is a one-bedroom apartment of 662 sqft on the 7th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 27 October 2023 for AED 2,250,000, or AED 3,399 per sqft, 23% above the AED 2,758 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Act Two
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,527,888; 2017 AED 1,501,888; 2018 AED 1,495,888; 2019 AED 1,511,888; 2020 AED 1,485,834; 2021 AED 1,563,390; 2022 AED 1,723,888; 2023 AED 2,000,000; 2024 AED 2,200,000; 2025 AED 2,175,000; 2026 AED 2,100,000Sold by developer, June 2022: AED 1,633,888 (AED 2,468 per sqft)Sold, October 2023: AED 2,250,000 (AED 3,399 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Act Two
110K120K20232024202520262027Typical rent by year: 2023 AED 125,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 110,000

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

1-beds in Act Two, and where 706 sits

All 116 1-beds →

706 last sold in October 2023 at AED 3,399 per sqft, 23% above what one-beds in Act Two were fetching at the time (AED 2,758). Over the last 12 months one-beds sold for AED 2,050,000 to 2,225,000, around AED 3,165 per sqft, and rent for AED 64,275 to 216,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20262,150,000
29 Jul 20262,100,000
21 Jul 20262,225,000
6 May 20262,100,000
8 1-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 7th floor

All 360 units in Act Two
Value
7012-bedAED 3.7M · Apr 2024
7021-bedAED 2.2M · Oct 2025
7032-bedAED 3.2M · Sep 2023
7041-bedAED 1.77M · Apr 2022
7051-bedAED 1.64M · Apr 2023
7071-bedAED 2M · Oct 2024
7082-bedAED 2.23M · Jul 2019
1–7 of 10

706, Act Two in numbers

  • Sold twice: first on 28 June 2022 for AED 1,633,888, last on 27 October 2023 for AED 2,250,000 (AED 3,399 per sqft).
  • One-beds in Act Two sold for AED 2,050,000–2,225,000 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 27 October 2023.

Questions about 706, Act Two

What did unit 706 last sell for?

AED 2,250,000 on 27 October 2023: AED 3,399 per sqft for 662 sqft. The unit has 2 registered sales; the first was AED 1,633,888 in June 2022.

How big is unit 706?

662 sqft (61.5 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Act Two sold for AED 2,050,000 to 2,225,000 in the last 12 months, around AED 3,165 per sqft.

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Mortgage on 706, Act Two

Starts from the last sale price (AED 2.25M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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