1-bed · 657 sqftAct Two, Downtown Dubai · 3rd floor · completed 2022

304, Act Two

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.69M20 May 2022
Current rentAED 115K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Act Two

What is 304 worth today?

Last sold for AED 1,686,470 in 2022

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1 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 175 per sqft
10 Dec 2023RentedNew contract
AED 104,000/yr12 months · AED 158 per sqft
20 May 2022Sold by developerOff-plan
AED 1,686,470AED 2,565 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
3rd of 43
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 12,000 /yr
Last sold
AED 1.69M · May 2022
Building
Act Two

About 304, Act Two

304 is a one-bedroom apartment of 657 sqft on the 3rd floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 20 May 2022 for AED 1,686,470, or AED 2,565 per sqft, 7% above the AED 2,394 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 115,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 12,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Act Two
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,527,888; 2017 AED 1,502,388; 2018 AED 1,484,888; 2019 AED 1,511,888; 2020 AED 1,475,888; 2021 AED 1,559,892; 2022 AED 1,723,888; 2023 AED 2,000,000; 2024 AED 2,200,000; 2025 AED 2,100,000Sold by developer, May 2022: AED 1,686,470 (AED 2,565 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Act Two
100K120K20232024202520262027Typical rent by year: 2023 AED 125,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 130,000New contract, December 2023: AED 104,000 a yearNew contract, October 2024: AED 115,000 a year

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

1-beds in Act Two, and where 304 sits

All 109 1-beds →

304 last sold in May 2022 at AED 2,565 per sqft, 7% above what one-beds in Act Two were fetching at the time (AED 2,394). Over the last 12 months one-beds sold for AED 2,100,000 to 2,200,000, around AED 3,249 per sqft, and rent for AED 110,000 to 150,000 a year. 304's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Dec 20252,100,000
29 May 20252,150,000
28 May 20252,000,000
14 May 20252,000,000
2 1-bed sales in the last 12 months

Act Two

Building

360 apartments, 1-bed to 4-bed over 43 floors in Downtown Dubai, completed in 2022 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,917
Typical sale
AED 2.98M
Typical rent
AED 170K /yr
Typical yield
6.1%
Act Two, Downtown Dubai: prices, sales and rents →

Other units on the 3rd floor

All 360 units in Act Two
Value
3011-bedAED 1.97M · Jan 2022
3022-bedAED 2.8M · Mar 2022
3031-bedAED 1.74M · Jul 2022
3051-bedAED 1.56M · Nov 2021
3061-bedAED 1.57M · Nov 2021
3072-bedAED 2.57M · May 2022

304, Act Two in numbers

  • Sold once: by Emaar on 20 May 2022 for AED 1,686,470, or AED 2,565 per sqft.
  • Rented since December 2023 on 2 Ejari contracts, from AED 104,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 12,000 a year (AED 18.23 per sqft).
  • One-beds in Act Two sold for AED 2,100,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,917 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 304, Act Two

What did unit 304 last sell for?

AED 1,686,470 on 20 May 2022, sold by the developer: AED 2,565 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 115,000 a year on the contract signed on 1 October 2024. The previous contract, from December 2023, was AED 104,000.

How big is unit 304?

657 sqft (61.0 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2022.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Act Two sold for AED 2,100,000 to 2,200,000 in the last 12 months, around AED 3,249 per sqft.

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Mortgage on 304, Act Two

Starts from the last sale price (AED 1.69M, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,686,470
Deposit, UAE resident (20%)
AED 337,294
Deposit, non-resident (40%)
AED 674,588
Monthly over 25 years at 3.7%
AED 6,900

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