701, Act Two
Sold prices and rental history: sold twice, last in April 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Act Two
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,325 sqft
- Floor
- 7th of 43
- Parking
- B4-4658
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 24,200 /yr
- Last sold
- AED 3.7M · April 2024
- Building
- Act Two
About 701, Act Two
701 is a two-bedroom apartment of 1,325 sqft on the 7th floor of Act Two, a 43-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 1 April 2024 for AED 3,700,000, or AED 2,791 per sqft, in line with the AED 2,763 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2023. The current contract, signed on 8 August 2023, is AED 205,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 24,200 a year.
Sales and rents for 701 over time
701 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 Two, and where 701 sits
All 156 2-beds →701 last sold in April 2024 at AED 2,791 per sqft, in line with what two-beds in Act Two were fetching at the time (AED 2,763). Over the last 12 months two-beds sold for AED 2,800,000 to 3,300,000, around AED 2,682 per sqft, and rent for AED 135,000 to 250,000 a year. 701's AED 205,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 1,174 sqft | 3,150,000 | 2,682 | ||
| 9 Jan 20269 January 2026 | 1,187 sqft | 3,300,000 | 2,778 | ||
| 18 Jul 202518 July 2025 | 1,110 sqft | 3,550,000 | 3,198 | ||
| 17 Jul 202517 July 2025 | 1,214 sqft | 3,300,000 | 2,717 |
Act Two
Building360 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%
Other units on the 7th floor
All 360 units in Act Two| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 801 sqft | AED 2.2MAED 2,200,000 · Oct 2025October 2025 | |||
| 703 | 2-bed | 1,187 sqft | AED 3.2MAED 3,200,000 · Sep 2023September 2023 | ||
| 704 | 1-bed | 767 sqft | AED 1.77MAED 1,772,888 · Apr 2022April 2022 | ||
| 705 | 1-bed | 712 sqft | AED 1.64MAED 1,640,000 · Apr 2023April 2023 | ||
| 706 | 1-bed | 662 sqft | AED 2.25MAED 2,250,000 · Oct 2023October 2023 | ||
| 707 | 1-bed | 720 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 148,972 /yr | |
| 708 | 2-bed | 1,100 sqft | AED 2.23MAED 2,229,888 · Jul 2019July 2019 | 168,000 /yr | |
| 709 | 2-bed | 1,107 sqft | AED 3.75MAED 3,750,000 · May 2023May 2023 | ||
| 710 | 2-bed | 1,140 sqft | AED 2.74MAED 2,736,888 · Aug 2017August 2017 | 185,000 /yr | |
| 711 | 2-bed | 1,430 sqft | AED 3.41MAED 3,414,888 · Jul 2017July 2017 | 210,000 /yr |
701, Act Two in numbers
- Sold twice: first on 18 July 2017 for AED 3,151,888, last on 1 April 2024 for AED 3,700,000 (AED 2,791 per sqft).
- Rented since August 2023 on one Ejari contract, at AED 205,000 a year.
- At AED 205,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 24,200 a year (AED 18.23 per sqft).
- Two-beds in Act Two sold for AED 2,800,000–3,300,000 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 April 2024.
Questions about 701, Act Two
What did unit 701 last sell for?
AED 3,700,000 on 1 April 2024: AED 2,791 per sqft for 1,325 sqft. The unit has 2 registered sales; the first was AED 3,151,888 in July 2017.
What is the rent for unit 701?
AED 205,000 a year on the contract signed on 8 August 2023.
How big is unit 701?
1,325 sqft (123.1 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Act Two sold for AED 2,800,000 to 3,300,000 in the last 12 months, around AED 2,682 per sqft.
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Mortgage on 701, Act Two
Starts from the last sale price (AED 3.7M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →