1508, Act One
Sold prices and rental history: sold twice, last in May 2022, 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 1508, Act One
What is 1508 worth today?
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Source: Dubai Land Department. Updated 15 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,131 sqft
- Floor
- 15th of 49
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 20,400 /yr
- Last sold
- AED 2M · May 2022
- Building
- Act One
About 1508, Act One
1508 is a two-bedroom apartment of 1,131 sqft on the 15th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 26 May 2022 for AED 2,000,000, or AED 1,768 per sqft, 28% below the AED 2,466 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2025. The current contract, signed on 15 August 2025, is AED 200,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1508 over time
1508 has sold twice; 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 One, and where 1508 sits
All 187 2-beds →1508 last sold in May 2022 at AED 1,768 per sqft, 28% below what two-beds in Act One were fetching at the time (AED 2,466). 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. 1508's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,111 sqft | 3,400,000 | 3,061 | ||
| 26 Jan 202626 January 2026 | 1,174 sqft | 3,000,000 | 2,554 | ||
| 10 Jan 202610 January 2026 | 1,110 sqft | 3,350,000 | 3,017 | ||
| 24 Jul 202524 July 2025 | 334 sqft | 812,531 | 2,433 |
Act One
Building418 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%
Other units on the 15th floor
All 418 units in Act One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,325 sqft | AED 4.94MAED 4,942,030 · May 2024May 2024 | 270,000 /yr | |
| 1502 | 1-bed | 802 sqft | AED 1.69MAED 1,686,888 · Feb 2017February 2017 | 137,000 /yr | |
| 1503 | 2-bed | 1,158 sqft | AED 2.45MAED 2,447,888 · Jan 2017January 2017 | ||
| 1504 | 1-bed | 767 sqft | AED 1.61MAED 1,605,888 · Jan 2017January 2017 | ||
| 1505 | 1-bed | 712 sqft | AED 1.05MAED 1,050,000 · Dec 2019December 2019 | 115,000 /yr | |
| 1506 | 1-bed | 662 sqft | AED 1.3MAED 1,300,000 · Dec 2021December 2021 | ||
| 1507 | 1-bed | 720 sqft | AED 1.93MAED 1,930,000 · Sep 2023September 2023 | ||
| 1509 | 2-bed | 1,107 sqft | AED 3.55MAED 3,550,000 · Dec 2023December 2023 | ||
| 1510 | 2-bed | 1,096 sqft | AED 2.77MAED 2,766,888 · Feb 2017February 2017 | ||
| 1511 | 2-bed | 1,424 sqft | AED 4.7MAED 4,700,000 · May 2025May 2025 |
1508, Act One in numbers
- Sold twice: first on 22 July 2019 for AED 2,305,888, last on 26 May 2022 for AED 2,000,000 (AED 1,768 per sqft).
- Rented since August 2025 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 20,400 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 15 August 2025.
Questions about 1508, Act One
What did unit 1508 last sell for?
AED 2,000,000 on 26 May 2022: AED 1,768 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 2,305,888 in July 2019.
What is the rent for unit 1508?
AED 200,000 a year on the contract signed on 15 August 2025.
How big is unit 1508?
1,131 sqft (105.1 sqm): a two-bedroom apartment on the 15th floor of a 49-storey tower completed in 2022.
What is unit 1508 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.
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Mortgage on 1508, Act One
Starts from the last sale price (AED 2M, 26 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →