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Act One Act Two Tower 1

A 2 bed in Act One Act Two Tower 1 costs a median AED 3.37M, rents long-let for AED 183,000/yr (6.20% gross), and returns 6.84% short-let at the assumed 80% occupancy — +0.3 pts vs Downtown Dubai's 5.89% and -0.8 pts vs Dubai's 6.98% — from 26 sales and 223 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
9 in 12 months
Rental contracts · 2 bed
110 in 12 months
Buy
3.37MAED
AED 2,702/sqft
Long-let
183,000AED
AED 158/sqft · 6.20%
Short-let
6.84%
AED 1,012/night · 0.87/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
+0.3 pts
vs the Downtown Dubai median for this unit type
Turnover upside
+4.6%
new tenants pay more than sitting ones — 150 renewals
AED/yr/sqft
AED 158
Sales
26
Rental contracts
223
Renewal rent
AED 175,000/yr
12 months
-4.0%
3 years
+0.0%+0.0%/yr

Based on 26 sales and 223 rental contracts in the last 24 months. Rental data covers the whole Act One | Act Two project, not this tower alone.

Act One Act Two Tower 1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the Act One | Act Two development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2016 to 2026, 1,388 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 125,0001815.95%
-0.2 pts
183
2 bedAED 183,0001586.20%
+0.3 pts
223
3 bedAED 300,0001706.45%
+1.0 pts
81
4+ bedAED 400,0001132

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

    Short-let rates around Act One Act Two Tower 1

    Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

    How short-let rates are measured
    Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
    TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
    1 bed8711.26AED 203,236AED 125,0001.6×9.24%5+
    2 bed1,0120.87AED 230,296AED 183,0001.3×6.84%7+
    3 bed500m1,2650.75AED 283,989AED 300,0000.9×5.46%5+
    4+ bed2,1890.70AED 487,453AED 400,0001.2×4.62%5+

    Nightly rate per sqft through the year

    Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

    1 bed: first Oct 2026, 0.86 AED/night/sqft; latest Sep 2027, 0.62 AED/night/sqft; peak Jan 2027, 1.4 AED/night/sqft.

    Net revenue assumes 80% occupancy — an assumption, not a measurement.

    What the net revenue deducts
    Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Act One Act Two Tower 1 itself had too few listings of that type to measure.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    26 resales in the last 12 months, against 71 a year on average over 2023–2025.

    Sales

    DateTypeSqftPriceAED/sqft
    10 Aug 20262 bed1,175AED 2,950,0002,512
    27 Jul 20261 bed610AED 2,100,0003,440
    20 Jul 20262 bed1,175AED 2,800,0002,384
    22 Jun 20261 bed652AED 2,000,0003,068
    12 Jun 20263 bed1,509AED 4,850,0003,215

    5 resales in the last 3 months.

    Rental contracts

    The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

    Nearby

    Metro
    Burj Khalifa / Dubai Mall Metro Station
    Mall
    Dubai Mall
    Landmark
    Burj Khalifa

    Compare with nearby buildings

    The most-traded buildings in Act One | Act Two, on the same figures over the same window.

    Common questions

    What is the rental yield in Act One Act Two Tower 1?
    Act One Act Two Tower 1 returns 6.20% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 223 rental contracts registered in the last 24 months.
    How much does a 2 bedroom in Act One Act Two Tower 1 cost?
    The median registered sale price is AED 3.37M (2,909 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    What are apartments in Act One Act Two Tower 1 selling for right now?
    Registered sales of ready units in Act One Act Two Tower 1 over the last 12 months have a median of 2,702 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
    Have prices in Act One Act Two Tower 1 risen or fallen?
    Median price per square foot moved -8.6% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
    How does Act One Act Two Tower 1 compare with Downtown Dubai?
    Its 6.20% gross yield sits +0.3 pts against the Downtown Dubai median of 5.89%, computed at the same bedroom grain over the same 24-month window.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    Act One Act Two Tower 1 rental record

    Record type
    Building-level property market record
    Data date
    Evidence base
    223 registered rental contracts in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
    Canonical record
    /rent/apartments/dubai/downtown-dubai/act-one-act-two-tower-1
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “Act One Act Two Tower 1 rents and yield.” Downtown Dubai, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/downtown-dubai/act-one-act-two-tower-1.

    Stable dataJSON

    Where this data stops

    Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.