2-bed · 1,110 sqftAct One, Downtown Dubai · 10th floor · completed 2022

1008, Act One

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 2.28M26 December 2016
Current rentAED 165K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Act One

What is 1008 worth today?

Last sold for AED 2,283,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 165,000/yr12 months · AED 149 per sqft
15 Mar 2025RentedRenewal
AED 162,750/yr12 months · AED 147 per sqft
26 Dec 2016Sold by developerOff-plan
AED 2,283,888AED 2,075 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,110 sqft
Floor
10th of 49
Parking
B3-3717
Developer
Emaar
Completed
2022
Service charge
AED 20,100 /yr
Last sold
AED 2.28M · December 2016
Building
Act One

About 1008, Act One

1008 is a two-bedroom apartment of 1,110 sqft on the 10th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 26 December 2016 for AED 2,283,888, or AED 2,075 per sqft, 5% below the AED 2,182 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 165,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Act One
3M2016201920222025Typical sale price by year: 2016 AED 2,541,388; 2017 AED 2,484,888; 2018 AED 2,414,388; 2019 AED 2,401,888; 2020 AED 3,316,888; 2021 AED 2,709,456; 2022 AED 2,667,444; 2023 AED 3,150,000; 2024 AED 3,300,000; 2025 AED 3,443,590; 2026 AED 3,350,000Sold by developer, December 2016: AED 2,283,888 (AED 2,075 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Act One
160K180K200K20232024202520262027Typical rent by year: 2023 AED 205,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 170,800Renewal, March 2025: AED 162,750 a yearNew contract, September 2025: AED 165,000 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 One, and where 1008 sits

All 187 2-beds →

1008 last sold in December 2016 at AED 2,075 per sqft, 5% below what two-beds in Act One were fetching at the time (AED 2,182). Over the last 12 months two-beds sold for AED 3,000,000 to 3,400,000, around AED 2,914 per sqft, and rent for AED 155,000 to 255,000 a year. 1008's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20263,400,000
26 Jan 20263,000,000
10 Jan 20263,350,000
24 Jul 2025812,531
4 2-bed sales in the last 12 months

Act One

Building

418 apartments, 1-bed to 4-bed over 49 floors in Downtown Dubai, completed in 2022 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 3,076
Typical sale
AED 3.15M
Typical rent
AED 168K /yr
Typical yield
5.5%
Act One, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 418 units in Act One
Value
10012-bedAED 3.17M · Jan 2017
10021-bedAED 1.67M · Jan 2017
10032-bedAED 2.42M · Jan 2017
10041-bedAED 1.59M · Feb 2017
1005AED 1.55M · Jan 2017
10061-bedAED 1.75M · Mar 2023
10071-bedAED 1.5M · May 2023
1–7 of 10

1008, Act One in numbers

  • Sold once: by Emaar on 26 December 2016 for AED 2,283,888, or AED 2,075 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, from AED 162,750 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 20,100 a year (AED 18.06 per sqft).
  • Two-beds in Act One sold for AED 3,000,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,076 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 1008, Act One

What did unit 1008 last sell for?

AED 2,283,888 on 26 December 2016, sold by the developer: AED 2,075 per sqft for 1,110 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 165,000 a year on the contract signed on 1 September 2025. The previous contract, from March 2025, was AED 162,750.

How big is unit 1008?

1,110 sqft (103.1 sqm): a two-bedroom apartment on the 10th floor of a 49-storey tower completed in 2022.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Act One sold for AED 3,000,000 to 3,400,000 in the last 12 months, around AED 2,914 per sqft.

Selling 1008? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1008, Act One

Starts from the last sale price (AED 2.28M, 26 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,283,888
Deposit, UAE resident (20%)
AED 456,778
Deposit, non-resident (40%)
AED 913,555
Monthly over 25 years at 3.7%
AED 9,344

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