1-bed · 657 sqftAct One, Downtown Dubai · 5th floor · completed 2022

504, Act One

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 1M9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Act One

What is 504 worth today?

Last sold for AED 1,000,000 in 2024

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9 May 2024SoldReady
AED 1,000,000AED 1,521 per sqft
1 Feb 2021Sold by developerOff-plan
AED 1,555,994AED 2,368 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 49
Parking
B2-2643
Developer
Emaar
Completed
2022
Service charge
AED 11,900 /yr
Last sold
AED 1M · May 2024
Building
Act One

About 504, Act One

504 is a one-bedroom apartment of 657 sqft on the 5th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 9 May 2024 for AED 1,000,000, or AED 1,521 per sqft, 46% below the AED 2,792 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Act One
1M2M2016201920222025Typical 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, February 2021: AED 1,555,994 (AED 2,368 per sqft)Sold, May 2024: AED 1,000,000 (AED 1,521 per sqft)

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

Rents
Unit 504, 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 504 sits

All 128 1-beds →

504 last sold in May 2024 at AED 1,521 per sqft, 46% below what one-beds in Act One were fetching at the time (AED 2,792). 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 5th floor

All 418 units in Act One
Value
5012-bedAED 3.2M · Apr 2024
5021-bedAED 1.75M · May 2024
5032-bedAED 2.33M · May 2024
5051-bedAED 1.56M · Apr 2024
5061-bedAED 1M · Apr 2024
5071-bedAED 1.6M · May 2024
5082-bedAED 3M · Jun 2024
1–7 of 10

504, Act One in numbers

  • Sold twice: first on 1 February 2021 for AED 1,555,994, last on 9 May 2024 for AED 1,000,000 (AED 1,521 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 9 May 2024.

Questions about 504, Act One

What did unit 504 last sell for?

AED 1,000,000 on 9 May 2024: AED 1,521 per sqft for 657 sqft. The unit has 2 registered sales; the first was AED 1,555,994 in February 2021.

How big is unit 504?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.

What is unit 504 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 504, Act One

Starts from the last sale price (AED 1M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →