508, Act One
Sold prices and rental history: sold twice, last in June 2024, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Act One
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,040 sqft
- Floor
- 5th of 49
- Parking
- B4-4574
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 18,800 /yr
- Last sold
- AED 3M · June 2024
- Building
- Act One
About 508, Act One
508 is a two-bedroom apartment of 1,040 sqft on the 5th floor of Act One, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 25 June 2024 for AED 3,000,000, or AED 2,883 per sqft, in line with the AED 2,851 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 February 2025. The current contract, signed on 19 February 2025, is AED 240,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 18,800 a year.
Sales and rents for 508 over time
508 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 508 sits
All 187 2-beds →508 last sold in June 2024 at AED 2,883 per sqft, in line with what two-beds in Act One were fetching at the time (AED 2,851). 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. 508's AED 240,000 is in the upper 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 5th floor
All 418 units in Act One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,307 sqft | AED 3.2MAED 3,200,000 · Apr 2024April 2024 | ||
| 502 | 1-bed | 725 sqft | AED 1.75MAED 1,750,000 · May 2024May 2024 | 125,000 /yr | |
| 503 | 2-bed | 1,106 sqft | AED 2.33MAED 2,325,000 · May 2024May 2024 | ||
| 504 | 1-bed | 657 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | ||
| 505 | 1-bed | 657 sqft | AED 1.56MAED 1,558,844 · Apr 2024April 2024 | 70,000 /yr | |
| 506 | 1-bed | 607 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | 150,000 /yr | |
| 507 | 1-bed | 610 sqft | AED 1.6MAED 1,600,000 · May 2024May 2024 | 125,000 /yr | |
| 509 | 2-bed | 1,082 sqft | AED 3.6MAED 3,597,888 · Mar 2023March 2023 | 188,000 /yr | |
| 510 | 2-bed | 1,369 sqft | AED 3.27MAED 3,269,888 · Mar 2021March 2021 | 220,000 /yr | |
| 511 | 2-bed | 1,587 sqft | AED 3.94MAED 3,944,888 · Mar 2022March 2022 |
508, Act One in numbers
- Sold twice: first on 1 February 2021 for AED 2,384,394, last on 25 June 2024 for AED 3,000,000 (AED 2,883 per sqft).
- Rented since February 2025 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 18,800 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 19 February 2025.
Questions about 508, Act One
What did unit 508 last sell for?
AED 3,000,000 on 25 June 2024: AED 2,883 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 2,384,394 in February 2021.
What is the rent for unit 508?
AED 240,000 a year on the contract signed on 19 February 2025.
How big is unit 508?
1,040 sqft (96.6 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.
What is unit 508 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 508? 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.
Mortgage on 508, Act One
Starts from the last sale price (AED 3M, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →