1-bed · 662 sqftAct One, Downtown Dubai · 16th floor · completed 2022

1602, Act One

Sold prices and rental history: sold once, by the developer in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 1.54M1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Act One

What is 1602 worth today?

Last sold for AED 1,539,888 in 2020

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1 Oct 2020Sold by developerOff-plan
AED 1,539,888AED 2,325 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
1-bed apartment
Size
662 sqft
Floor
16th of 49
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 12,000 /yr
Last sold
AED 1.54M · October 2020
Building
Act One

About 1602, Act One

1602 is a one-bedroom apartment of 662 sqft on the 16th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 1 October 2020 for AED 1,539,888, or AED 2,325 per sqft, in line with the AED 2,345 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Act One
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,544,888; 2017 AED 1,547,888; 2018 AED 1,558,888; 2020 AED 1,589,388; 2021 AED 1,628,366; 2022 AED 1,715,888; 2023 AED 1,900,000; 2024 AED 2,170,000; 2025 AED 1,625,000; 2026 AED 2,300,000Sold by developer, October 2020: AED 1,539,888 (AED 2,325 per sqft)

1602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Act One
115K120K125K20232024202520262027Typical rent by year: 2023 AED 115,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 125,000

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

1-beds in Act One, and where 1602 sits

All 128 1-beds →

1602 last sold in October 2020 at AED 2,325 per sqft, in line with what one-beds in Act One were fetching at the time (AED 2,345). Over the last 12 months one-beds sold for AED 2,250,000 to 2,400,000, around AED 3,607 per sqft, and rent for AED 70,000 to 157,500 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20262,250,000
11 Feb 20262,300,000
8 Jan 20262,400,000
24 Jul 2025563,485
3 1-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 16th floor

All 418 units in Act One
Value
16011-bedAED 1.69M · Sep 2020
16032-bedAED 2.93M · Oct 2020
16043-bedAED 5.06M · Dec 2021

1602, Act One in numbers

  • Sold once: by Emaar on 1 October 2020 for AED 1,539,888, or AED 2,325 per sqft.
  • One-beds in Act One sold for AED 2,250,000–2,400,000 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 October 2020.

Questions about 1602, Act One

What did unit 1602 last sell for?

AED 1,539,888 on 1 October 2020, sold by the developer: AED 2,325 per sqft for 662 sqft. It is the only registered sale of the unit.

How big is unit 1602?

662 sqft (61.5 sqm): a one-bedroom apartment on the 16th floor of a 49-storey tower completed in 2022.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Act One sold for AED 2,250,000 to 2,400,000 in the last 12 months, around AED 3,607 per sqft.

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Mortgage on 1602, Act One

Starts from the last sale price (AED 1.54M, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,539,888
Deposit, UAE resident (20%)
AED 307,978
Deposit, non-resident (40%)
AED 615,955
Monthly over 25 years at 3.7%
AED 6,300

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